On Wednesday, Shares of Chesapeake Energy Corporation (NYSE:CHK), lost -12.12% to $7.03, hitting its lowest level.
Chesapeake Energy Corporation stated financial and operational results for the 2015 second quarter. Highlights comprise:
Production averaged about 703,000 boe per day, an enhance of 13% year over year, adjusted for asset sales
- Adjusted net loss of $0.11 per fully diluted share and adjusted ebitda of $600 million
- 2015 total production guidance raised to 667 – 677 mboe per day, up 4% from midpoint of preceding guidance
- 2015 production and general and administrative expense guidance lowered
- 2015 capital guidance maintained at $3.5 – $4.0 billion
- Planned asset sales, joint ventures and participation agreements being pursued in multiple operating areas.
Chesapeake Energy Corporation produces oil and natural gas through acquisition, exploration, and development of from underground reservoirs in the United States. It holds interests in natural gas resource plays, counting the Haynesville/Bossier Shales in northwestern Louisiana and East Texas.
Shares of Cerner Corporation (NASDAQ:CERN), declined -4.29% to $67.30, during its last trading session.
Cerner Corporation was selected by Baptist Health South Florida, a leading health care organization in the region, to implement Cerner Millennium(R) and HealtheIntentSM across all of the system’s hospitals, physician offices and outpatient locations.
Cerner’s electronic health record (EHR) system and comprehensive population health administration platform will enhance the organization’s existing Cerner Soarian(R) Financials revenue cycle administration solutions, providing Baptist Health with an integrated, enterprise-wide health information technology (IT) system.
Cerner’s interoperability capabilities also enable the system to share health records with outside health organizations regionally and nationally.
Cerner Corporation designs, develops, markets, installs, hosts, and supports healthcare information technology, healthcare devices, hardware, and content solutions for healthcare organizations and consumers in the United States and internationally.
Finally, Magnum Hunter Resources Corp. (NYSE:MHR), ended its last trade with -14.44% loss, and closed at $0.74, hitting its lowest level.
Magnum Hunter Resources Corporation, declared that it has declared a monthly cash dividend on the Company’s 10.25% Series C Cumulative Perpetual Preferred Stock (“Series C Preferred Stock”), a monthly cash dividend on the Company’s 8.0% Series D Cumulative Preferred Stock (“Series D Preferred Stock”) and a monthly cash dividend on the Company’s 8.0% Series E Cumulative Convertible Preferred Stock (“Series E Preferred Stock”). The outstanding shares of Series E Preferred Stock are represented by depositary shares (the “Depositary Shares”), each representing a 1/1,000th interest of a share of Series E Preferred Stock.
The dividend on the Series C Preferred Stock, which is for the month of August 2015, is payable on August 31, 2015, to holders of record at the close of business on August 14, 2015. The payment will be an annualized 10.25% per share, which is equivalent to about $0.2135 per share, based on the $25.00 per share liquidation preference of the Series C Preferred Stock. The Series C Preferred Stock is presently listed on the NYSE MKT and trades under the ticker symbol “MHR.PRC”.
Magnum Hunter Resources Corporation, an independent oil and gas company, explores for, exploits, acquires, develops, and produces crude oil, natural gas, and natural gas liquid resources in the United States.
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