On Monday, in the course of current trade, Shares of Sanchez Energy Corp (NYSE:SN), dropped -7.41%, and is now trading at $7.31.
Sanchez Energy Corporation, declared operating results for the second quarter 2015. Highlights from operations comprise:
- Record production of 4,907 thousand barrels of oil equivalent (“MBOE”) during the second quarter 2015 for average production of 53,920 barrels of oil equivalent per day (“BOE/D”) driven by shorter drilling times and strong production from recent wells put on production at Catarina. Average daily production exceeded the high end of the Company’s second quarter guidance range of 42,000 to 46,000 BOE/D. Current production is about 53,000 BOE/D.
- The two most recent two-well pads at South-Central Catarina have averaged 24-hour initial production (“IP”) rates between 1,400 and 1,800 BOE/D and are trending in line with the strongest wells in Western Catarina.
- Based on recent operating results in the first half of 2015, the Company is increasing its full year 2015 production guidance range to 44,000 to 48,000 BOE/D.
- The Company has met all Catarina drilling commitments for the annual term, which ended June 30, 2015, by drilling 68 wells towards the 50-well annual commitment. The Company enters the next well-commitment year with a bank of 18 wells that reduces the number of remaining wells in the next 50-well annual commitment to 32 wells required to be drilled before June 30, 2016.
- Well costs in Catarina have reduced from about $6.5 million per well that was budgeted at the start of 2015, to below $4.5 million presently.
Sanchez Energy Corporation, an independent exploration and production company, focuses on the acquisition, exploration, and development of unconventional oil and natural gas resources in the onshore U.S. Gulf Coast.
During an Afternoon trade, Shares of Western Digital Corp (NASDAQ:WDC), dipped -1.04%, and is now trading at $78.10.
Seeking to bring outstanding medical care and wellness coaching directly to the workplace, St. Joseph Hoag Health and Western Digital together have -created a ground-breaking wellness center in Western Digital’s world headquarters in Irvine, Calif. The center is slated to open this month.
The 4,600-square-foot holistic, multispecialty DRIVE Wellness Center is designed to serve more than 1,800 employees. One of the first-of-its-kind for a large tech firm in the region, the center will be an integrated multispecialty clinic offering primary and preventative care, physical therapy, acupuncture, chiropractic and behavioral health services within the workplace. St. Joseph Hoag Health will manage the center, providing all clinical and operations expertise.
Western Digital Corporation, through its auxiliaries, develops, manufactures, and sells data storage solutions that enable consumers, businesses, governments, and other organizations to create, manage, experience, and preserve digital content. It provides hard disk drives (HDDs) and solid-state drives for desktop and notebook personal computers (PCs), and performance enterprise and capacity enterprise markets.
Shares of Infosys Ltd ADR (NYSE:INFY), during its Monday’s current trading session fell - 0.47%, and is now trading at $15.91.
Infosys, will now offer the Finacle suite of software solutions on Verizon Cloud. The fully integrated Finacle Core and Digital banking solutions, presently serving over 547 million consumers worldwide, are now accessible in a Software-as-a-Service (SaaS) model for community financial institutions in the U.S.
The Finacle solutions provide a single real-time view of customers, members, products and transactions and enable the creation of bespoke services for customers. These assist banks and credit unions to enhance operational efficiency, accelerate speed-to-market for new offerings, and reduce time and cost of compliance. The new SaaS offerings of Finacle will empower financial institutions to deliver a multichannel experience to customers, without major capital investment and with greater flexibility and ease.
Infosys Limited, together with its auxiliaries, provides business consulting, technology, engineering, and outsourcing services in North America, Europe, India, and internationally.
Finally, Zions Bancorporation (NASDAQ:ZION), gained 0.39% Monday.
Zions Bancorporation, declared that its board of directors declared a regular quarterly dividend of $0.06 per common share. The dividend is payable August 27, 2015 to shareholders of record on August 20, 2015. The board of directors also declared the regular cash dividends on the company’s various perpetual preferred shares. The cash dividends on the Series A, F, G, H & J shares are payable on September 15, 2015 to shareholders of record on September 1, 2015. The dividends on Series I shares were also declared and are payable on December 15, 2015 to shareholders of record on December 1, 2015.
Zions Bancorporation, a financial holding company, provides a range of banking and related services in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming.
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