On Friday, Following U.S. Stocks were among the “Top Losers”: Gastar Exploration Inc. (NYSEMKT:GST), C&J Energy Services, Inc. (NYSE:CJES), California Resources Company, (NYSE:CRC)

Gastar Exploration Inc (NYSEMKT:GST), with shares declined -5.46%, closed at $2.25.

C&J Energy Services Inc (NYSE:CJES), with shares dropped -5.45%, settled at $11.63.

California Resources Corp (NYSE:CRC), with shares dipped -5.45%, and closed at $6.77.

Latest NEWS regarding these Stocks are depicted underneath:

Gastar Exploration Inc. (NYSEMKT:GST)

Gastar Exploration Inc. (GST), stated financial and operating results for the three and twelve months ended December 31, 2014.

Net revenue attributable to Gastar’s ordinary stockholders for the fourth quarter of 2014 was $26.7 million, or $0.34 per diluted share. Not including the influence of a $24.9 million gain resulting from the mark-to-market of outstanding hedge positions, adjusted net revenue attributable to ordinary stockholders was $1.8 million, or $0.02 per diluted share. This compares to a fourth quarter 2013 stated net loss of $3.3 million, or a loss of $0.06 per diluted share, and fourth quarter 2013 adjusted net revenue of $698,000, or $0.01 per diluted share, not including the influence of a $2.8 million loss resulting from the mark-to-market of outstanding hedge positions, $639,000 of attainment costs and non-recurring corporate restructuring charges of $593,000.

Adjusted earnings before interest, revenue taxes, depreciation, depletion and amortization (“adjusted EBITDA”) for the fourth quarter of 2014 was $25.9 million, an raise of 22% contrast to $21.2 million for the fourth quarter of 2013.

Proceeds from oil, condensate, natural gas and natural gas liquids (“NGLs”), before the influence of hedging activities, raised 13% to $33.1 million in the fourth quarter of 2014 from $29.2 million in the fourth quarter of 2013, but declined 6% from proceeds of $35.1 million in the third quarter of 2014. The rise in oil, condensate, natural gas and NGLs proceeds from fourth quarter of 2013 to fourth quarter of 2014 was primarily the result of a 27% raise in production offset by an 11% decrease in weighted average realized equivalent prices. The decrease from third quarter of 2014 proceeds was due to a 21% decline in equivalent product pricing offset by a 19% raise in equivalent production volumes.

Proceeds from liquids (oil, condensate and NGLs) represented about 77% of total production proceeds in the fourth quarter of 2014, contrast to 65% for the fourth quarter of 2013 and 80% during the third quarter of 2014. The company had hedges in place covering about 76% of our natural gas production, 36% of our oil and condensate production and 65% of our NGLs production for the fourth quarter of 2014. Commodity derivative contracts settled during the period resulted in a $3.5 million raise in proceed for the fourth quarter of 2014, contrast to a $288,000 raise in proceed for the fourth quarter of 2013 and a $960,000 reduction in proceed for the third quarter of 2014.

Gastar Exploration Inc., an independent energy corporation, engages in the exploration, development, and production of oil, condensate, natural gas, and natural gas liquids in the United States.

C&J Energy Services, Inc. (NYSE:CJES)

Formerly on March 6, C&J Energy Services, Inc. (CJES), declared recently that it has revised the debt structure to finance the projected combination of C&J with the completion and production services business of Nabors Industries Ltd. (NBR). At the time of signing the definitive contract for the Projected Transaction, C&J had obtained commitments from certain financial institutions to provide debt financing in an amount sufficient to fund the cash portion of the consideration to be paid to Nabors at the closing of the Projected Transaction. The Projected Transaction remains fully financed under the revised debt structure and is predictable to close by the end of March 2015, subject to approval by C&J stockholders and other customary closing conditions.

Under the revised arrangement, C&J has elected to finance the Projected Transaction with term loans and borrowings under its new revolving credit facility, which allows the Corporation to maintain future liquidity at the same interest rates that were predictable to apply to the revolving credit facility when the transaction was declared in 2014. Specifically, the revised debt structure is predictable to comprise the same $600 million revolver (with an estimated $92 million drawn at the closing of the Projected Transaction) that was formerly declared, together with an raised term loan B comprised of a $510 million term loan B-1 predictable to mature 5 years after closing and a $550 million term loan B-2 predictable to mature 7 years after closing, thereby eliminating the need for a high yield offering. We calculate that the all-in yield (inclusive of the applicable margin, upfront fees and issue price) for the new term loans at the closing date should not exceed 8.25% yield to maturity and the interest rate margins under the revolving credit facility will remain the same as originally declared. The covenant package and aggregate interest expense under the revised debt structure remains substantially consistent with the original term loan covenant package and aggregate interest expense.

C&J Energy Services, Inc. provides hydraulic fracturing, coiled tubing, cased-hole wireline, pumpdown, and other complementary services to oil and natural gas exploration and production companies in the United States.

California Resources Company, (NYSE:CRC)

Formerly on February 26, California Resources Corporation (CRC), declared that its Board of Directors has approved its first quarterly dividend of 1 cent per share, payable April 15, 2015 to stockholders of record at the close of business on March 10, 2015. The current annualized rate would be $0.04 per share.

California Resources Corporation operates as an oil and natural gas exploration and production corporation in the State of California. It produces oil, natural gas, and natural gas liquids.

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