On Monday, Shares of Pioneer Energy Services Corp (NYSE:PES), lost -1.91% to $3.59.
Pioneer Energy Services, stated financial and operating results for the quarter ended June 30, 2015. Notable items for the second quarter and recent developments comprise:
- Well servicing rig utilization was 73% with average pricing of $595 per hour.
- Drilling utilization in the second quarter was 63% based on an average fleet of 37 rigs.
- Year-to-date sold 27 mechanical and lower horsepower electric drilling rigs for net proceeds of $33.4 million and have one additional rig designated as held-for-sale.
- Mobilizing the second of five new-build 1,500 horsepower AC drilling rigs planned to be delivered in 2015.
- Presently have 17 rigs earning under contract, which comprises six rigs earning but not working.
Pioneer Energy Services Corp., through its auxiliaries, provides drilling services and production services to oil and gas exploration and production companies in the United States and Colombia.
Shares of Kansas City Southern (NYSE:KSU), declined -1.73% to $97.47, during its last trading session.
Kansas City Southern, celebrated the dedication of its new, state-of-the-art intermodal terminal in Wylie, Texas with a ribbon-cutting ceremony with local public officials. After 12 months of construction, the more than $64 million terminal opened for operations on July 13.
“We are very happy to offer our intermodal customers this new, world-class terminal for U.S. domestic, U.S. international and U.S.-Mexico cross-border shipments,” said KCS president Patrick J. Ottensmeyer. “The new terminal significantly enhances the capacity formerly accessible at the Zacha (Dallas-area) terminal, creates opportunity for planned economic growth and development, and makes the City of Wylie and Collin County, Texas even more competitive to shippers looking to locate new operations.”
Kansas City Southern, through its auxiliaries, engages in the freight rail transportation business. It operates north/south rail route between Kansas City, Missouri, and various ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi, and Texas in the midwest and southeast regions of the United States.
At the end of Monday’s trade, Shares of Carrizo Oil & Gas, Inc. (NASDAQ:CRZO), lost -4.17% to $36.54.
Carrizo Oil & Gas, will hold a conference call to talk about 2015 second quarter financial results on Thursday, August 6, 2015 at 9:00 AM Central Daylight Time. Carrizo plans to issue a press release containing its financial and operating results before the market opens on Thursday, August 6, 2015.
Carrizo Oil & Gas, Inc., together with its auxiliaries, engages in the exploration, development, and production of oil and gas primarily in the United States. The company holds interests in crude oil plays and projects, counting Eagle Ford Shale in Texas; the Niobrara Formation located in Colorado; the Utica Shale in Ohio; and the Marcellus Shale located in Pennsylvania.
Finally, Chambers Street Properties (NYSE:CSG), ended its last trade with -0.54% loss, and closed at $7.38.
Chambers Street Properties, declared it has sold a 142,500 square foot office property located at 225 Summit Avenue in Montvale, New Jersey to a partner of Memorial Sloan Kettering Cancer Center for $37.0 million. The sale of this property further reduces the Company’s exposure to the New Jersey office market.
Chambers Street Properties is a equity real estate investment trust. The firm invests in the real estate markets of United States, United Kingdom, and Germany. It focuses on acquiring, owning and operating the properties.
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