On Thursday, Shares of Halliburton Company (NYSE:HAL), lost -2.09% to $40.21.
Halliburton Company, declared that its board of directors has declared a 2015 third quarter dividend of eighteen cents ($0.18) a share on the company’s common stock payable September 23, 2015, to shareholders of record at the close of business on September 2, 2015.
Halliburton Company provides a range of services and products to the upstream oil and natural gas industry worldwide. The company operates through two segments, Completion and Production, and Drilling and Evaluation.
Shares of Penn Virginia Corporation (NYSE:PVA), declined -10.51% to $2.81, during its last trading session, hitting its lowest level.
Penn Virginia Corporation, declared that it has reached a contract to sell its East Texas assets to an unrevealed buyer for gross cash proceeds of $75 million. The sale is predictable to close by the end of August 2015 and is subject to customary purchase price adjustments and other customary closing conditions. The effective date of the sale is May 1, 2015.
The properties to be sold had net production of about 1,870 barrels of oil equivalent (BOE) per day during the second quarter of 2015, comprising of 76% natural gas, 16% natural gas liquids (NGLs) and 8% oil. As a result of the divestiture, stated 2015 production is predictable to decrease by an estimated 200,000 BOE. Estimated proved reserves associated with the divested properties at year-end 2014, as determined by third party engineers, were 13.7 million BOE, 85% of which were proved developed. The reserves comprised of 77% natural gas, 16% NGLs and 6% oil.
Penn Virginia Corporation, an independent oil and gas company, explores, develops, and produces crude oil, natural gas liquids, and natural gas in various onshore regions of the United States.
Finally, Comcast Corporation (NASDAQ:CMCSA), ended its last trade with 0.89% gain, and closed at $64.32, hitting its highest level.
WinnCompanies and Comcast declared a 10-year partnership to upgrade more than 30 of Winn’s multi-family communities located in the Greater Boston, Connecticut, Pittsburgh and Washington D.C. areas with fiber-based technology services. This brings the number of Winn properties who have partnered with Comcast to more than 100.
“Our residents expect the fastest speeds and the most entertainment options at their fingertips,” said John Tarrant, vice president, Procurement and Sustainability, WinnCompanies. “Comcast has been a great partner to us and the fiber-based suite of services they are providing through ACN will assist our properties continue to be a great place to live for years to come.”
In addition to being able to deliver the full suite of Xfinity products, property administration and residents will benefit from a dedicated point of contact for technical support and sales. These dedicated support personnel will serve as a concierge to Xfinity by assisting to coordinate installations, troubleshoot disruptions, process service changes and assist with move in, move out and property transfers.
Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments.
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