On Tuesday, Shares of SeaDrill Limited (NYSE:SDRL), lost -1.82% to $8.64.
Seadrill Limited is planned to release its second quarter 2015 results on Thursday August 27th, 2015.
In connection with the earnings release, a conference call/webcast will be held as described below.
A conference call will be held at 12:00 p.m. EDT / 5:00 p.m. BST on Thursday August 27th, 2015.
Seadrill Limited, an offshore drilling contractor, provides offshore drilling services to the oil and gas industry worldwide. The company operates through Floaters and Jack-up Rigs segments.
Shares of Lowe’s Companies Inc. (NYSE:LOW), declined -0.22% to $69.42, during its last trading session.
Lowe’s Companies declared its latest tool to assist Pro customers save time, money and run their businesses more efficiently: a newly improved LowesForPros.com. Through the upgraded site, Pro customers can make and track purchases of more than 500,000 items to run their business from the convenience of a computer, tablet or smartphone and can choose to buy online and pick-up in-store or have orders delivered directly to their business or jobsite.
Lowe’s listened to the Pro customer and designed the new LowesForPros.com to be a complete online solution, offering more efficient functionality that allows Pros to develop requisition lists, access purchase history reports and create custom catalogs. These catalogs enable customers, such as property administration companies, to maintain their brand and design standards across multiple buyers and locations while saving time creating new orders. The website also allows Pro customers to manage their company spend by setting purchase approvals and providing the ability to process tax-exempt transactions.
Lowe’s Companies, Inc. operates as a home improvement retailer. The company offers products for maintenance, repair, remodeling, and home decorating. It provides home improvement products under the categories of kitchens and appliances; lumber and building materials; tools and hardware; fashion fixtures; rough plumbing and electrical; lawn and garden; seasonal living; paint; home fashions; storage and cleaning; flooring; millwork; and outdoor power equipment.
Finally, SandRidge Permian Trust (NYSE:PER), ended its last trade with -5.22% loss, and closed at $6.48.
SandRidge Permian Trust declared a quarterly distribution for the three-month period ended June 30, 2015 (which primarily relates to production attributable to the Trust’s interests from March 1, 2015 through May 31, 2015) of $16.7 million, or $0.423 per Common Unit. The Trust makes distributions on a quarterly basis about 60 days after the end of each quarter. The distribution is predictable to occur on or before August 28, 2015 to holders of record as of the close of business on August 14, 2015.
During the three-month production period ended May 31, 2015, total sales volumes were lower than initial Trust estimates and the previous period and oil, natural gas and natural gas liquids (“NGL”) practiced volatile pricing. The period’s lower total sales volumes and low commodity prices were partially offset by net cash settlements received under the derivatives agreement of about $5.5 million. Although production attributable to March 2015 was supported by hedging arrangements, no such arrangements are in place for production attributable to periods after March 31, 2015. Additionally, as no additional development wells will be drilled, the Trust’s production is predictable to decline each quarter during the remainder of its life.
SandRidge Permian Trust holds royalty interests in oil and natural gas properties in the Permian Basin located in Andrews County, Texas. It has proved developed reserves of about 0.3 million barrels of oil equivalent. The company was founded in 2011 and is based in Austin, Texas.
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