On Tuesday, Shares of Boulder Brands, Inc. (NASDAQ:BDBD), loss -3.48% to $9.16.
Boulder Brands, will host a live audio webcast on May 7th, at 9:30 a.m. ET to talk about 2015 first quarter results, which will be issued at about 8:30 a.m. ET the same day. The webcast will be a listen-only format.
Boulder Brands Inc. provides health and wellness food solutions in the United States and Canada. The company operates in two segments, Natural and Balance. The Natural segment provides gluten free bread and baked goods, and frozen pizza and granola under the Udi’s brand name; shelf stable and frozen gluten free products, counting snack foods, frozen baked goods, and baking mixes under the Glutino brand name; and burritos, meals, and quesadillas under the EVOL brand name.
Shares of Devon Energy Corporation (NYSE:DVN), declined -3.45% to $66.65, during its last trading session.
Devon Energy Corporation, declared core earnings of $89 million, or $0.22 per diluted share, for the first quarter of 2015. The Company’s total cash inflows for the quarter reached $2.2 billion, comprising of $1.6 billion of operating cash flow and $569 million of proceeds received from the sale of EnLink common units.
On a stated basis, due to a non-cash, full-cost ceiling charge, Devon had a net loss of $3.6 billion for the first-quarter 2015. This compares with first-quarter 2014 stated net earnings of $324 million.
Production Exceeds Guidance for Third Successive Quarter
- Total production from Devon’s retained asset base averaged 685,000 oil-equivalent barrels (Boe) per day during the first quarter of 2015. This result exceeded the top end of the Company’s guidance range by 12,000 Boe per day and represents a 22 percent enhance contrast to the first quarter of 2014. Liquids accounted for 60 percent of the Company’s production mix.
- Devon delivered record oil production of 272,000 barrels per day in the first quarter. This result also exceeded the top end of the Company’s guidance range by 12,000 barrels per day and represents a 55 percent enhance contrast to the first quarter of 2014. The most noteworthy growth came from the Company’s U.S. operations, where oil production raised a substantial 72 percent for the quarter year over year.
- The strong growth in U.S. production was largely attributable to prolific well results from the Company’s world-class Eagle Ford assets. Net production in the Eagle Ford averaged 122,000 Boe per day in the first quarter, a 23 percent enhance contrast to the fourth quarter of 2014 and nearly a 140% enhance in production contrast to Devon’s first month of ownership in March 2014. In addition, the Company achieved another quarter of strong production growth in the Delaware Basin, where net production averaged 53,000 Boe per day, an enhance of 15 percent contrast to the fourth quarter of 2014.
- Devon’s heavy-oil operations in Canada also delivered impressive production growth. In aggregate, net oil production from the Company’s heavy-oil projects raised to a record 104,000 barrels per day in the first quarter. Driven by the continued ramp-up of the Jackfish 3 facility, net oil production in Canada raised 33 percent contrast to the first quarter of 2014.
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, Shares of National Retail Properties, Inc. (NYSE:NNN), dipped -3.45% to $37.54.
National Retail Properties, declared its operating results for the quarter ended March 31, 2015. Highlights comprise:
Investments and Dispositions for the quarter ended March 31, 2015:
Investments:
- $155.2 million in property investments, counting the acquisition of 56 properties with an aggregate 782,000 square feet of gross leasable area at an initial cash yield of 7.3%
- Dispositions:
- Six properties with net proceeds of $23.3 million producing $7.1 million of gains on sales, net of income tax and non-controlling interest.
National Retail Properties, Inc. is a publicly owned equity real estate investment trust. The firm acquires, owns, manages, and develops retail properties in the United States. It provides complete turn-key and built-to-suit development services counting market analysis, site selection and acquisition, entitlements, permitting, and construction administration.
Finally, ImmunoGen, Inc. (NASDAQ:IMGN), ended its last trade with -3.44% loss, and closed at $8.13.
ImmunoGen, declared that the following presentations by Company administration at forthcoming investor conferences will be webcast:
- Credit Suisse Antibody Day 2015.
- Jefferies 2015 Global Healthcare Conference.
ImmunoGen, Inc., a biotechnology company, develops targeted anticancer therapeutics. It develops its products using its antibody-drug conjugates technology. The company offers Kadcyla, an antibody-drug conjugate for the treatment of HER2-positive metastatic breast cancer.
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