On Tuesday, Shares of Bonanza Creek Energy Inc (NYSE:BCEI), gained 1.05% to $6.76.
Bonanza Creek Energy, declares that the lenders under its senior secured credit facility have concluded their semi-annual redetermination, resulting in a borrowing base of $475 million. The Company has elected a capital commitment of $475 million, a 5% reduction from the previous $500 million commitment. As of September 30, 2015, the Company had $69 million drawn on its facility and about $25 million of cash on hand.
Richard Carty, Chief Executive Officer, commented, “We are happy with the outcome of our borrowing base redetermination and appreciate the support of our entire bank group. Our $475 million commitment reflects the resilient nature of our assets and provides ample liquidity for our capital program going forward.”
The Company also declares that it is planned to release its third quarter financial and operating results after market close on November 5, 2015, and will host a conference call to discuss these results on November 6, 2015 at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time). A webcast of this event will be available on the Company`s website at www.bonanzacrk.com, for one year after the event.
Bonanza Creek Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of onshore oil and associated liquids natural gas in the United States.
Shares of Brookdale Senior Living, Inc. (NYSE:BKD), declined -2.55% to $22.58, during its last trading session.
Dorothy Coates has always had the need for speed. Even at 82, she longs for the pole position and taking the checkered flag, even though she no longer drives the open road around her hometown. Recently, Wish of a Lifetime and Brookdale Senior Living (BKD) offered Dorothy the opportunity to take a spin around the Texas Motor Speedway in an Indy race car, something she’s always wanted to experience.
Dorothy is a resident of Brookdale Midwestern in Wichita Falls, Texas. After a few laps, she shared with some community associates that she didn’t realize she was going to go 160 mph around the racetrack and “lost her shoe” on a couple curves. She stated that the fastest she had ever formerly driven was 100 mph on a German autobahn.
During some of her earlier years, Dorothy didn’t have a driver’s license because she and her husband shared one car and he was the primary driver. She longed for the freedom of the open road and eventually learned to drive while her husband was in the service and they were stationed in Japan. While living there, Dorothy spent her time volunteering for the Red Cross. She has relied on her faith throughout her life and devoted most of her life to serving others. It was all systems go when she was given the opportunity to make a pit stop at the Texas Motor Speedway for her special day.
Brookdale Senior Living Inc. owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, Ongoing Care Retirement Communities (CCRCs)Rental, Brookdale Ancillary Services, and Administration Services.
Finally, Shares of TRI Pointe Group Inc (NYSE:TPH), ended its last trade with 2.19% gain, and closed at $13.98.
Superior workmanship and outstanding customer service are among the qualities that have earned Maracay Homes the prestigious National Housing Quality (NHQ) Award. The homebuilder will be recognized as a Silver Award winner at the NHQ Award ceremonies, planned to be held during the Housing Giants Leadership Conference, October 21-23, 2015, in Scottsdale.
The NHQ Award was established in 1993 to recognize residential construction companies for excellence in quality achievement and to promote awareness of customer-focused quality. Award entries are judged by a distinguished panel of experts, which evaluates the role quality plays in construction, business administration, sales, design and warranty service, among other aspects of each business. Following the judges’ examination of Maracay Homes’ entry, their subsequent on-site evaluation of the company and interviews with company employees, the panel unanimously agreed Maracay Homes possesses an excellent understanding of which elements drive customer satisfaction, and compriseently provides a high level of value.
The judging panel comprised former NHQ Award winners and quality-administration experts. The NHQ program is sponsored by Professional Builder magazine.
TRI Pointe Group, Inc., through its partner, TRI Pointe Homes, Inc. designs, constructs, and sells single-family homes in the United States. The company also develops and sells land and lots. It operates a portfolio of six brands across eight states, counting Maracay Homes in Arizona; Pardee Homes in California and Nevada; Quadrant Homes in Washington; Trendmaker Homes in Texas; TRI Pointe Homes in California and Colorado; and Winchester Homes in Maryland and Virginia.
