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Sunday 31 May 2015
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Investor’s Alert - Golar LNG, (NASDAQ:GLNG), Nautilus, (NYSE:NLS), American Eagle Energy Corporation, (NYSEMKT:AMZG), Chuy’s Holdings, (NASDAQ:CHUY)

On Tuesday, Shares of Golar LNG Ltd. (NASDAQ:GLNG), gained 19.58% to $45.01.

Golar LNG Limited, declared that it has commenced discussions with partners Keppel and Black & Veatch aimed at exercising an option, under an existing framework agreement, for the ordering of a third GoFLNG unit similar to the Hilli and the Gimi.

The specific objective of these discussions will be to mature the option to deliver a third unit for start-up in 2018 i.e. between the target on-stream dates of 2017 and 2019 for the first two units destined respectively for Cameroon and Equatorial Guinea.

This initiative flows from noteworthy interest being stimulated recently by Golar’s new approach to developing FLNG projects. The company continues to evolve its opportunity funnel and has identified a number of possible leads for deploying facilities similar to Hilli and Gimi, for the commercialization of high quality, stranded gas accumulations in relatively benign met-ocean conditions. Work continues to mature these leads, although these remain subject to business development uncertainty.

Golar LNG Limited, a midstream liquefied natural gas (LNG) company, engages in the transportation, regasification, liquefaction, and trading of LNG. The company operates in three segments: Vessel Operations, LNG Trading, and FLNG.

At the end of Tuesday’s trade, Shares of Nautilus Inc. (NYSE:NLS), jumped 18.94% to $20.47, hitting its highest level.

Nautilus, stated its unaudited operating results for the first quarter ended March 31, 2015. Net sales for the first quarter of 2015 totaled $96.2 million, a 34% enhance contrast to $71.9 million in the same quarter of 2014. The strong growth was driven by higher sales in both the Direct and Retail segments. Gross margins for the first quarter improved by 250 basis points to 56.0%, reflecting margin enhances in the Direct segment in addition to a favorable mix between segments. Operating income from ongoing operations for the first quarter of 2015 was $17.6 million, a 96% enhance over operating income from ongoing operations of $9.0 million stated in the same quarter of 2014. The enhance in operating income primarily reflects higher sales and gross margins in the Direct segment, as well as improved leverage of sales and marketing and general and administrative costs across higher sales volumes.

Income from ongoing operations for the first quarter of 2015 was $10.9 million, or $0.34 per diluted share contrast to income from ongoing operations of $5.7 million, or $0.18 per diluted share for the first quarter of last year.

For the first quarter of 2015, the Company stated net income of $10.7 million, or $0.34 per diluted share, which comprises a loss from suspended operations of $0.1 million. In the first quarter of 2014, the Company stated net income of $5.4 million, or $0.17 per diluted share, which comprised of a $0.4 million loss from suspended operations.

Nautilus, Inc., together with its auxiliaries, operates as a consumer fitness products company in the United States, Canada, and internationally. The company operates in two segments, Direct and Retail.

American Eagle Energy Corporation (NYSEMKT:AMZG), ended its last trade with 18.27% gain, and closed at $0.24.

American Eagle Energy, declared that, effective as of the close of business on April 30, 2015, Kirk Stingley resigned as the Company’s Chief Financial Officer to pursue other interests in the private sector. Effective as of the opening of business on May 1, 2015, Martin J. (Marty) Beskow, age 44, became the Company’s Chief Financial Officer. Mr. Beskow will also continue as Vice President of Capital Markets and Strategy, the role in which he has served American Eagle since he joined the Company in October of 2013.

American Eagle Energy Corporation engages in the acquisition, exploration, development, and production of oil and gas properties. It primarily holds interests in the oil deposits located within the Bakken and Three Forks formations in western North Dakota and eastern Montana.

Finally, Chuy’s Holdings, Inc. (NASDAQ:CHUY), closed at $26.06, with 17.65% gain.

Chuy’s Holdings, declared financial results for the first quarter ended March 29, 2015.

Highlights for the first quarter ended March 29, 2015 were as follows:

  • Revenue raised 19.4% to $66.8 million from $56.0 million in the first quarter of 2014.
  • Comparable restaurant sales raised 1.9% as contrast to the same period in 2014, the 19th successive quarter of comparable restaurant sales growth. Comparable restaurant sales were negatively influenced by about 2.0% as a result of unfavorable weather during the quarter.
  • Net income raised 22.9% to $3.2 million, or $0.19 per diluted share, from $2.6 million, or $0.16 per diluted share.
  • Restaurant-level EBITDA raised 25.7% to $12.8 million from $10.2 million in the first quarter of last year.
  • Three new restaurants opened during the first quarter of 2015.

Chuy’s Holdings, Inc., through its partner, Chuy’s Opco, Inc., owns and operates restaurants under the Chuy’s name in Texas and 13 states in the southeastern and midwestern United States.

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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.

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