On Tuesday, Shares of QEP Resources, Inc. (NYSE:QEP), gained 0.65% to $18.51.
QEP Resources, declared that it will host a teleconference and webcast to talk about its second quarter 2015 results starting at 9:00 a.m. EDT (7:00 a.m. MDT) on Tuesday, August 4, 2015. QEP will issue a combined second quarter financial and operational results news release Monday, August 3, 2015 after market close.
QEP Resources, Inc., through its auxiliaries, operates as an exploration and production company. The company acquires, explores, develops, and produces natural gas, oil, and natural gas liquids (NGLs) primarily in the Pinedale Anticline in western Wyoming; the Williston Basin in North Dakota; the Uinta Basin in eastern Utah; the Permian Basin in western Texas; the Haynesville/Cotton Valley in northwestern Louisiana; and other proven properties in Wyoming, Utah, and Colorado.
Shares of California Resources Corporation (NYSE:CRC), declined -6.21% to $6.04, during its last trading session.
California Resources Corporation, will host its second quarter financial results conference call on Thursday, August 6th, at 5:00 p.m. Eastern Daylight Time. The Company’s earnings will be released following the market close on the same date.
California Resources Corporation operates as an oil and natural gas exploration and production company in the State of California. It produces oil, natural gas, and natural gas liquids. The company holds interests in about 2.4 million net acres. It also gathers, processes, and markets oil and gas products, in addition to produces and sells power. The company is headquartered in Los Angeles, California.
Finally, First Bancorp (NYSE:FBP), ended its last trade with -13.77% loss, and closed at $4.82, following Puerto Rico Governor Alejandro García Padilla’s comments that the commonwealth cannot pay its debts.
The commonwealth presently has about $72 billion in debt, according to The New York Times. The governor and members of his staff said the commonwealth would likely seek noteworthy concessions from its creditors which could comprise deferring debt payments for as many as five years or extending the repayment timetable.
“The debt is not payable,” García Padilla told the Times. “There is no other option. I would love to have an easier option. This is not politics, this is math.”
First BanCorp. operates as the bank holding company for FirstBank Puerto Rico that provides a range of financial products and services to retail, commercial, and institutional clients.
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