On Friday, Pacific Ethanol Inc (NASDAQ:PEIX)’s shares declined -6.94% to $7.38.
Pacific Ethanol, Inc. (PEIX), a leading producer and marketer of low-carbon renewable fuels in the United States, stated its financial results for the three- and six-months ended June 30, 2015.
Second quarter 2015 Financial Highlights
- Net sales of $227.6 million
- Gross profit of $6.3 million
- Operating income of $2.3 million
- EPS of $0.03
- Adjusted EBITDA of $5.4 million
- Record total gallons sold of 140.7 million
Pacific Ethanol, Inc. produces and markets low-carbon renewable fuels in the Western United States. It sells ethanol primarily to gasoline refining and distribution companies. The company also provides ethanol transportation, storage, and delivery services through third-party service providers. In addition, it markets ethanol co-products, counting wet distiller grains and syrup to dairy operators and animal feed distributors; and corn oil to poultry and biodiesel customers.
Montpelier Re Holdings Ltd. (NYSE:MRH)’s shares dropped -0.84% to $42.57.
Endurance Specialty Holdings Ltd. (ENH), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, declared recently that it has accomplished its acquisition of Montpelier Re Holdings Ltd. (MRH). The acquisition was originally declared on March 31, 2015.
The completion of the acquisition follows the receipt of all necessary regulatory approvals and approval of the transaction by Endurance and Montpelier shareholders, which was obtained at special general meetings of Endurance and Montpelier shareholders held on June 30, 2015. Following the terms of the merger agreement and effective as of the close of trading recently, Montpelier shares have ceased trading.
Montpelier Re Holdings Ltd., through its auxiliaries, provides insurance and reinsurance solutions worldwide. It operates in three segments: Montpelier Bermuda, Montpelier at Lloyd’s, and Collateralized Reinsurance. The company offers various reinsurance products, counting property catastrophe reinsurance, which provides coverage against losses from earthquakes, hurricanes, floods, tornados, storms, and fire; and property specialty reinsurance products.
At the end of Friday’s trade, SCANA Corporation (NYSE:SCG)‘s shares surged 1.33% to $54.80.
SCANA Corporation (SCG) declared that its Board of Directors, at a meeting held, declared a regular quarterly dividend of 54 ½ cents per share on the Company’s common stock for the quarter ending September 30, 2015. The dividend is payable October 1, 2015 to shareholders of record at the close of business on September 10, 2015.
SCANA Corporation, through its auxiliaries, engages in the generation, transmission, distribution, and sale of electricity to retail and wholesale customers in South Carolina. It owns nuclear, coal, hydro, natural gas and oil, and biomass generating facilities. The company also purchases, sells, and transports natural gas; offers energy-related services; and owns and operates a fiber optic telecommunications network, ethernet network, and data center facilities in South Carolina.
Carrizo Oil & Gas, Inc. (NASDAQ:CRZO), ended its Friday’s trading session with -2.48% loss, and closed at $38.13.
Carrizo Oil & Gas, Inc. (CRZO) will hold a conference call to talk about 2015 second quarter financial results on Thursday, August 6, 2015 at 9:00 AM Central Daylight Time. Carrizo plans to issue a press release containing its financial and operating results before the market opens on Thursday, August 6, 2015.
Carrizo Oil & Gas, Inc., together with its auxiliaries, engages in the exploration, development, and production of oil and gas primarily in the United States. The company holds interests in crude oil plays and projects, counting Eagle Ford Shale in Texas; the Niobrara Formation located in Colorado; the Utica Shale in Ohio; and the Marcellus Shale located in Pennsylvania.
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