During Wednesday’s Afternoon trade, Shares of Halcón Resources Corporation (NYSE:HK), lost -2.27% to $1.29, as Crude futures fell about 2 percent on Wednesday after a government report showing an eighth straight weekly drop in U.S. crude stockpiles was offset by a large build in oil products, which have dominated market action lately.
A firm dollar also weighed on oil, while uncertainties about progress in the Greek debt and Iran nuclear crises led to further caution among investors and traders, Reuters Reports.
Halcón Resources Corporation, an independent energy company, is engaged in the acquisition, production, exploration, and development of onshore oil and natural gas properties in the United States.
Shares of Noble Corporation plc (NYSE:NE), declined -1.68% to $15.18, during its current trading session.
Noble Corporation, declared that its report of drilling rig status and contract information has been updated as of June 18, 2015. The report, titled “Fleet Status Report,” can be found on the Company’s Web site www.noblecorp.com, under the “Investor Relations” section of the Web site.
Noble Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide. It owns and operates a fleet of mobile offshore drilling units. As of December 31, 2014, the company operated a fleet of 15 jackups, 9 drillships, and 8 semisubmersibles, counting 1 high-specification, harsh environment jackup under construction.
Finally, Mizuho Financial Group, Inc. (NYSE:MFG), lost -0.68%, and is now trading at $4.36.
On Tuesday, the stock gained after the Japanese bank reaffirmed its plan to cut the number of shares it owns in other companies.
Mizuho Financial reaffirmed its commitment as a response to new Japanese governance rules, according to Bloomberg. The new rules require Japanese companies to justify why they hold shares in other companies to ensure they use their capital affectively.
“It’s important to realize gains on shareholdings,” CFO Junichi Shinbo said at the bank’s annual meeting on Tuesday. “We will start the unwinding process soon and sell shares that need to be sold.”
Mizuho Financial Group, Inc. provides various banking and financial services in Japan. The company offers deposits, housing loans, investment trusts, and individual insurance products, in addition to handles trust products as an agent; and retail banking solutions compriseing of consulting services of business succession and asset inheritance and asset administration for business owners and high-net-worth customers.
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