On Monday, Shares of U.S. Silica Holdings Inc (NYSE:SLCA), gained 0.90% to $20.10.
U.S. Silica Holdings declared that members of the administration team will take part in the following investor conferences during the third quarter of 2015:
- Simmons 2015 European Energy Conference
Sept. 1 – 3, 2015
Gleneagles Hotel – Scotland
- Barclays CEO Energy – Power Conference
Sept. 10, 2015
Sheraton New York Times Square Hotel – New York, NY
- 6th Annual Credit Suisse Small/Mid Cap Conference
Sept. 16, 2015
Waldorf Astoria Hotel – New York, NY
U.S. Silica Holdings, Inc. produces and sells commercial silica in the United States. It operates through two segments, Oil & Gas Proppants, and Industrial & Specialty Products. The company offers whole grain commercial silica products to be used as fracturing sand in connection with oil and natural gas recovery, in addition to sells its whole grain silica products in various size distributions, grain shapes, and chemical purity levels for manufacturing glass products.
Shares of Quanta Services Inc (NYSE:PWR), inclined 1.98% to $24.24, during its last trading session.
Quanta Services, declared that Rockies Express Pipeline LLC (REX), selected Quanta Services to provide turnkey engineering, procurement and construction services for the REX Zone Three Capacity Enhancement Project. Quanta auxiliaries QPS Engineering and Price Gregory International will play key roles in the project, which comprises the installation of three new compressor stations and the upgrade of two existing compressor stations. As the only domestic pipeline that links the Rocky Mountain and Appalachian supply basins to the Midwest and Gulf Coast markets, REX provides an important outlet for producers moving natural gas from the Rockies and Utica/Marcellus shale plays to these major consumer markets which serve millions of natural gas consumers.
Quanta has commenced engineering and other front-end services for the project, with construction predictable to start in the second quarter of 2016 or when REX receives the required regulatory approvals. Subject to obtaining these approvals, completion is predictable in the fourth quarter of 2016. Once the project is complete, the new and upgraded facilities are predictable to create up to 800,000 dekatherms a day of additional natural gas takeaway capacity from the Appalachian Basin to the Midwestern and other high-demand natural gas markets.
Quanta Services, Inc. provides specialty contracting services to the electric power, and oil and gas industries in North America and internationally. The company’s Electric Power Infrastructure Services segment provides network solutions comprising design, installation, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure, and substation facilities.
At the end of Monday’s trade, Shares of ONEOK, Inc. (NYSE:OKE), gained 1.07% to $36.01.
ONEOK, Inc. declared that it has priced an offering to sell $500 million of 7.50 percent senior notes due 2023. The notes will be issued under ONEOK’s existing shelf registration statement formerly filed with the U.S. Securities and Exchange Commission.
The net proceeds, after deducting underwriting discounts and estimated expenses, are predictable to be about $487.1 million. ONEOK anticipates using the proceeds and cash on hand to purchase additional common units from ONEOK Partners, L.P. (OKS) in a private placement. Funds managed by Kayne Anderson Capital Advisors, L.P. also will purchase $100 million of common units from ONEOK Partners conpresently with ONEOK’s purchase.
ONEOK is the parent company of ONEOK Partners GP, L.L.C. (General Partner), the sole general partner of ONEOK Partners. Following the common unit purchases, ONEOK’s and the General Partner’s aggregate ownership interest in ONEOK Partners will improvement to 41.2 percent from 36.8 percent.
ONEOK, Inc., through its general partner interests in ONEOK Partners, L.P., engages in the gathering, processing, storage, and transportation of natural gas in the United States.
Finally, Seagate Technology PLC (NASDAQ:STX), ended its last trade with 1.42% gain, and closed at $51.40.
Seagate Technology declared that the popular Seagate Seven portable external hard drive is the recipient of the Gold International Design Excellence Award (IDEA) for the computer equipment category, which is one of the world’s most prestigious design competitions.
The award-winning Seagate Seven drive is the slimmest way to carry 500GB of data. Now also available in a 750GB capacity, the product’s name is representative of the 7mm depth or z-height of the drive. The simple industrial design of Seagate Seven is intended to pay tribute to the roots of computer storage while simultaneously celebrating the latest advancements in storage innovation. The premium all-metal enclosure highlights the essence of a bare hard drive, Seagate’s core competency for over 35 years. Declared at the consumer electronics show in January this year, the Seagate Seven has collected numerous accolades and awards for its novel design concept.
Seagate Technology Public Limited Company designs, manufactures, and sells electronic data storage products in the Asia Pacific, the Americas, and EMEA countries. It provides hard disk drives, solid state hybrid drives, solid state drives, PCIe cards, and serial advanced technology architecture controllers that are designed for enterprise servers and storage systems in mission critical and nearline applications; for client compute applications comprising desktop and mobile computing; and for client non-compute applications, such as digital video recorders, personal data backup systems, portable external storage systems, digital media systems, and surveillance systems.
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