On Thursday, in the course of current trade, Shares of Range Resources Corp. (NYSE:RRC), dropped -7.04%, and is now trading at $39.65.
Range Resources Corp.,declared its second quarter financial results.
Highlights -
- Production volumes reached a record high, averaging 1,373 Mmcfe per day, a 24% enhance over the preceding-year quarter.
- Unit costs declined $0.36 per mcfe, or 11% contrast to the preceding-year quarter.
- Two Marcellus dry gas wells in southwest Pennsylvania were turned in line, each at 34.2 Mmcf per day, 1.8 Bcf per well of cumulative production in 90 days.
- Full-year 2015 capital budget of $870 million is on track to deliver 20% annual growth.
- Spectra’s Uniontown to Gas City project is anticipated to open ahead of plan allowing Range as anchor shipper to move about 170 Mmcf per day of net natural gas production, or about 28% of its average net second quarter production in the southwest Marcellus, to Midwest markets with improved realized prices.
- Mariner East I predictable to start the commissioning process in late third quarter expanding Range’s access to NGL markets outside the Appalachian basin with Range being the only producer directly holding capacity on the project.
- Range Resources Corporation, an independent natural gas, natural gas liquids (NGLs), and oil company, engages in the acquisition, exploration, and development of natural gas and oil properties in the United States.
Range Resources Corporation, an independent natural gas, natural gas liquids (NGLs), and oil company, engages in the acquisition, exploration, and development of natural gas and oil properties in the United States.
During an Afternoon trade, Shares of Suncor Energy Inc. (USA) (NYSE:SU), climbed 5.40%, and is now trading at $28.10.
Suncor Energy’s, has approved a quarterly dividend of $0.29 per share on its common shares, payable September 25, 2015 to shareholders of record at the close of business on September 4, 2015.
Suncor Energy is Canada’s leading integrated energy company. Suncor’s operations comprise oil sands development and upgrading, conventional and offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada brand. A member of Dow Jones Sustainability, FTSE4Good and CDP indexes, Suncor is working to responsibly develop petroleum resources while also growing a renewable energy portfolio. Suncor is listed on the UN Global Compact 100 stock index and the Corporate Knights’ Global 100. Suncor’s common shares (SU.TO) are listed on the Toronto and New York stock exchanges.
Suncor Energy’s Board of Directors has approved a quarterly dividend of $0.29 per share on its common shares, payable September 25, 2015 to shareholders of record at the close of business on September 4, 2015.
Suncor Energy is Canada’s leading integrated energy company. Suncor’s operations comprise oil sands development and upgrading, conventional and offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada brand. A member of Dow Jones Sustainability, FTSE4Good and CDP indexes, Suncor is working to responsibly develop petroleum resources while also growing a renewable energy portfolio. Suncor is listed on the UN Global Compact 100 stock index and the Corporate Knights’ Global 100. Suncor’s common shares (SU.TO) are listed on the Toronto and New York stock exchanges.
Finally, F.N.B. Corp (NYSE:FNB), lost -0.51% on Thursday.
F.N.B. Corporation, stated second quarter 2015 results. Net income accessible to common shareholders for the second quarter of 2015 totaled $38.1 million, or $0.22 per diluted common share. Comparatively, second quarter of 2014 net income totaled $32.8 million, or $0.20 per diluted common share, and first quarter of 2015 net income totaled $38.3 million, or $0.22 per diluted common share. Operating results are presented in the table below.
Vincent J. Delie, Jr., President and Chief Executive Officer, commented, “The quarter’s high-quality results comprise another double-digit enhance in operating earnings per share. The earnings growth was highlighted by record total revenue of $165 million and further improvement in our efficiency ratio to 56%. The second quarter reflects our ability to generate positive operating leverage, continued strong organic growth in loans and deposits and positive asset quality results.”
F.N.B. Corporation, a financial holding company, provides various financial services to consumers, corporations, governments, and small- to medium-sized businesses primarily in Pennsylvania, eastern Ohio, and northern West Virginia.
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