During Friday’s Current trade, Shares of Antero Resources Corp (NYSE:AR), lost -1.00% to $27.77.
Antero Resources Corporation (AR) released its second quarter 2015 financial results. The relevant financial statements are included in Antero’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2015, which has been filed with the Securities and Exchange Commission (“SEC”).
Highlights for the Second Quarter of 2015:
- Net daily gas equivalent production averaged 1,484 MMcfe/d, a 67% increase compared to the prior year quarter and flat compared to the prior quarter
- Net daily liquids production, included in the above, averaged 45,906 Bbl/d, a 127% increase compared to the prior year quarter and a 15% increase sequentially
- Realized natural gas equivalent price including NGLs, oil and hedges averaged $3.85 per Mcfe
- On a per unit basis, cash production expense declined 9%, or $0.15 per Mcfe, and G&A expense declined 28%, or $0.09 per Mcfe, compared to the prior year quarter
- Adjusted net income of $17 million ($0.06 per share), a 77% decrease compared to the prior year quarter
- Adjusted EBITDAX of $268 million, a 1% increase compared to the prior year quarter
- Hedge portfolio was increased to 2.8 Tcfe of future natural gas equivalent production at an average index price of $4.08 per MMBtu
Antero Resources Corporation, an independent oil and natural gas company, acquires, explores, and develops natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2014, the company had 543,000 net acres of oil and gas properties located in the Appalachian Basin in West Virginia, Ohio, and Pennsylvania.
Shares of Iridium Communications Inc (NASDAQ:IRDM), inclined 0.06% to $7.74, during its current trading session.
Iridium Communications Inc. (IRDM) declared it has successfully accomplished the Compact Antenna Test Range (CATR) testing for Iridium NEXT satellites. The CATR testing is the simultaneous full power antenna testing of the main mission antenna, the feeder link antenna and the crosslink antennas in a radiated environment. It is the first time that a complete Iridium NEXT payload has been powered on — both L-band and Ka-band — and conpresently demonstrates and verifies the simultaneous operation of the Iridium satellite communications capability and the Aireon℠ ADS-B receiver hosted payload functionality. The CATR testing is a key milestone in ensuring full satellite functionality in preparation for network deployment.
Iridium Communications Inc. provides mobile voice and data communications services through satellite to businesses, the U.S. and foreign governments, non-governmental organizations, and consumers worldwide. It offers postpaid mobile voice and data satellite communications services; prepaid mobile voice satellite communications services; broadband data services; and machine-to-machine services for sending and receiving data from fixed and mobile assets in remote locations to a central monitoring station. The company also provides other services, such as inbound connections from the public switched telephone network, short message services, subscriber identity module, activation, customer reactivation, and other peripheral services.
SanDisk Corporation (NASDAQ:SNDK), during its Friday’s current trading session gained 0.28% to $60.72.
SanDisk Corporation ( SNDK), a global leader in flash storage solutions, uncovered that the Board of Directors has declared a third quarter 2015 cash dividend of 30 cents per share on the company’s common stock. The dividend will be payable on August 25, 2015 to stockholders of record as of the close of business on August 3, 2015. Future dividends are subject to approval by SanDisk’s Board of Directors.
SanDisk Corporation designs, develops, manufactures, and markets data storage solutions in the United States and internationally. The company offers removable cards, which are used in various applications and consumer devices, including digital cameras, camcorders, smartphones, tablets, and eReaders under the SanDisk Ultra, SanDisk Extreme, and SanDisk Extreme PRO brands; and embedded products that are used in mobile phones, tablets, notebooks, and other portable and wearable devices, as well as in automotive and connected home applications under the brand name iNAND.
Finally, Commscope Holding Company Inc (NASDAQ:COMM), gained 0.32%, to $31.31.
CommScope Holding Company, Inc. (COMM) has partnered with HP to provide its iTRACS® data center infrastructure administration (DCIM) platform with HP’s Converged Administration Consulting Services.
The combination of iTRACS DCIM and HP’s converged administration framework simplifies and improves the ability of data center managers to manage and optimize their infrastructure to meet their organization’s fast-changing needs. This partnership extends iTRACS capabilities by providing decision-makers with improved HP infrastructure administration solutions to optimize the capacity, availability and efficiency of their infrastructure.
CommScope Holding Company, Inc., together with its auxiliaries, provides connectivity and infrastructure solutions for wireless, business enterprise, and residential broadband networks worldwide. The company operates through three segments: Wireless, Enterprise, and Broadband.
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