On Tuesday, Allegheny Technologies Inc. (NYSE:ATI)’s shares surged 2.50% to $30.73, as ATI will provide live Internet listening access to its conference call with investors and analysts planned for Tuesday, April 21, 2015 at 8:30 a.m. ET. The conference call will be conducted after the Company’s planned release of first quarter 2015 results.
Allegheny Technologies Incorporated produces and sells specialty materials and components worldwide. The company operates through two segments, High Performance Materials and Components; and Flat-Rolled Products.
Devon Energy Corporation (NYSE:DVN)’s shares gained 2.45% to $66.16, during the last trading session on Tuesday, as DVN declared its administration will present at the IPAA Oil and Gas Investment Symposium in New York on Monday, April 20, 2015, at 12:45 p.m. Eastern Time. The event will be accessible to the public via internet webcast.
Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids (NGLs) in the United States and Canada.
At the end of Tuesday’s trade, Cabot Oil & Gas Corporation (NYSE:COG)’s shares gained 2.44% to $31.50, as on April 9, 2015, the U.S. Energy Information Administration, or EIA, released its natural gas stocks report for the week ended April 3. According to the report, stocks raised by 15 Bcf (billion cubic feet) to 1,476 Bcf. Analysts were expecting a raise of 10 Bcf.
After the 15 Bcf build last week, natural gas inventories as of April 3 were ~79 % higher than last year’s levels but ~11% lower than the five-year average. Inventories briefly surpassed the five-year average a few weeks ago.
The net injection this week compares to a net withdrawal of 8 Bcf in the same week last year, and a 5-year average net withdrawal of 2 Bcf.
Cabot Oil & Gas Corporation, an independent oil and gas company, develops, exploits, explores for, produces, and markets natural gas, oil, and natural gas liquids in the United States. The company primarily focuses on the Marcellus Shale in northeast Pennsylvania with about 200,000 net acres in the dry gas window of the play; and the Eagle Ford Shale in south Texas with about 89,000 net acres in the oil window of the play. It also transports, stores, gathers, and purchases natural gas for resale.
Finally, LyondellBasell Industries N.V. (NYSE:LYB), ended its Tuesday’s trading session with 2.41% gain, and closed at $93.30, as LYB will declare first-quarter financial results before the U.S. market opens on Friday, April 24, to be followed by a conference call to talk about results at 11 a.m. EDT.
Teleconference and Webcast Details:
Friday, April 24, 2015, 11 a.m. EDT, Hosted by Doug Pike, Vice President, Investor Relations.
LyondellBasell Industries N.V. operates as a manufacturer of chemicals and polymers, refiner of crude oil, producer of gasoline blending components, and developer and licensor of technologies for production of polymers. The company operates in five segments: Olefins and Polyolefins Americas; Olefins and Polyolefins Europe, Asia, International; Intermediates and Derivatives; Refining; and Technology.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
