On Friday, Calpine Corporation (NYSE:CPN)’s shares declined -1.54% to $16.61.
Calpine Corporation (CPN) declared that it plans to release second quarter 2015 financial results on Thursday, July 30, 2015, before the opening of the New York Stock Exchange. Administration will present the results during an investor call planned for 10 a.m. Eastern Time / 9 a.m. Central Time on July 30.
Calpine Corporation, a wholesale power generation company, owns and operates natural gas-fired and geothermal power plants in North America. It operates natural gas-fired combustion turbines and renewable geothermal conventional steam turbines. The company sells wholesale power, steam, capacity, renewable energy credits, and ancillary services to utilities, independent electric system operators, industrial and agricultural companies, retail power providers, municipalities, power marketers, and others.
Rex Energy Corporation (NASDAQ:REXX)’s shares dropped -11.15% to $2.31.
Rex Energy Corporation (REXX) declared that it has designated Robert W. Ovitz as Chief Operating Officer of the company. Mr. Ovitz, who most served as the Senior Vice President, Operations for the company, assumes the COO role from Patrick M. McKinney, who has served as COO since May 2010 and both President and COO since October 2011. Mr. McKinney will leave the company in August to pursue an opportunity in the investment banking industry. +
Effective right away, Ovitz will assume responsibility for company-wide operations, with direct oversight of Appalachian and Illinois operations, reservoir engineering, and exploration and geology. He will be responsible for the alignment, precedingitization and administration of operational capital to execute the company’s exploration, drilling and production strategies, and for ensuring operational excellence across the company.
Rex Energy Corporation operates as an independent oil, natural gas liquid, and natural gas company in the Appalachian and Illinois basins in the United States. The company focuses on the Marcellus Shale, Utica Shale, and Burkett Shale drilling and exploration activities in the Appalachian Basin, in addition to on developmental oil drilling and the implementation of improved oil recovery on its properties in the Illinois Basins.
At the end of Friday’s trade, Key Energy Services, Inc. (NYSE:KEG)‘s shares dipped -8.65% to $1.22.
Key Energy Services, Inc. (KEG) declared that Robert Drummond, age 54, has joined the Company as President and Chief Operating Officer, effective right away. Mr. Drummond was formerly employed by Schlumberger for 31 years, serving in various positions of increasing responsibility counting administration, business development and operations. He most recently served as President of Schlumberger Limited’s North American business unit.
With Mr. Drummond assuming the position of President, Richard J. “Dick” Alario will remain Key’s Chairman and Chief Executive Officer.
Key Energy Services, Inc. operates as an onshore rig-based well servicing contractor in the United States and internationally. It offers rig-based services, counting the maintenance, workover, and recompletion of existing oil wells; completion of newly-drilled wells; and plugging and abandonment of wells at the end of their lives, in addition to specialty drilling services to oil and natural gas producers.
Dynegy Inc. (NYSE:DYN), ended its Friday’s trading session with -4.88% loss, and closed at $24.94.
Dynegy Inc. (DYN) declared that its Board of Directors declared a dividend of $1.34375 per share on the outstanding 5.375% Series A Mandatory Convertible Preferred Stock that will be paid on August 3, 2015 to stockholders of record of the Mandatory Convertible Preferred Stock on July 15, 2015. The dividend is for the dividend period starting on May 1, 2015 and ending on July 31, 2015.
Dynegy Inc., through its auxiliaries, produces and sells electric energy, capacity, and ancillary services in the United States. It operates in three segments, Coal, IPH, and Gas. The company sells its services on a wholesale basis from its power generation facilities. It has a fleet of 15 power plants in 5 states totaling about 13,000 megawatts of generating capacity.
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