On Thursday, WPX Energy Inc (NYSE:WPX)’s shares declined -1.79% to $13.14.
WPX Energy (WPX) plans to enhance its activity in the Williston Basin during the second half of 2015 by resuming completions and increasing its rig count from one to three before year-end.
The decision follows noteworthy process improvements, structural changes to lower costs, successful talk about with key vendors, a technical analysis of WPX’s well performance that led to higher estimated ultimate recoveries (EURs) and favorable results from larger stimulations.
WPX Energy, Inc., an independent natural gas and oil exploration and production company, engages in the exploitation and development of unconventional properties in the United States. The company focuses on exploiting natural gas reserves base and related natural gas liquids in the Piceance Basin of the Rocky Mountain region, in addition to developing and growing oil positions in the Williston Basin in North Dakota and the San Juan Basin in the southwestern United States. As of December 31, 2014, it had proved reserves of 4,360 billion cubic feet of gas equivalent. WPX Energy, Inc. was incorporated in 2011 and is headquartered in Tulsa, Oklahoma.
Ally Financial Inc (NYSE:ALLY)’s shares gained 0.17% to $23.49.
Ally Financial Inc (ALLY) has planned the release of its second quarter 2015 financial results for Tuesday, July 28, 2015. The press release will be issued at 7:30 a.m. EDT via PR Newswire and on the Ally Media Center website (http://media.ally.com).
Ally Financial Inc. provides financial products and services primarily to automotive dealers and their customers in the United States. It offers dealer financial services, counting a range of financial services and insurance products to automotive dealers and retail customers.
At the end of Thursday’s trade, Cousins Properties Inc (NYSE:CUZ)‘s shares dipped -1.31% to $10.53.
Cousins Properties Inc (CUZ) inked a lease renewal deal with Transocean Ltd. for 255,413 square feet of space at Greenway Plaza in Houston, TX. The deal reflects solid demand for the company’s properties.
Transocean occupies the entire 4 Greenway Plaza and the above mentioned deal fully renews its current occupied space at the building, postponing the lease expiration to Jan 2023 from Jan 2017. The company also occupies an additional space of 13,552 square feet at 3800 Buffalo Speedway in Greenway Plaza, the lease for which expires in Jan 2017.
Notably, this international provider of offshore contract-drilling services for energy companies is the fourth largest customer in Cousins’ Houston portfolio. Following the above mentioned renewal, the Houston portfolio’s weighted average lease term presently stands at around 7 years with no single lease greater than 100,000 square feet expiring until Dec 2018.
This alleviates the company’s lease exposure in Houston for quite some time and ensures a steady source of rental revenues. Encouragingly, with the Transocean renewal, the leasing at Greenway Plaza now stands at 90%.
Cousins Properties Incorporated, a real estate investment trust (REIT), owns, develops, and manages real estate portfolio, in addition to performs certain real estate-related services in the United States. The company operates through four divisions: Office/Multi-Family, Retail, Industrial, and Land. The Office/Multi-Family division develops and manages office projects primarily in Austin, Dallas, Charlotte, Birmingham, and Atlanta; develops and sells multi-family projects in urban locations in the southeastern United States; and manages and leases office properties owned by third parties.
ConAgra Foods Inc (NYSE:CAG), ended its Thursday’s trading session with -0.02% loss, and closed at $43.85.
ConAgra Foods Inc (CAG) and the ConAgra Foods Foundation mark their sixth year of supporting Feeding America’s Hunger Free Summer initiatives ranging from grants to consumer engagement. This year’s program features a first of its kind Tell-A-Thon kicking off on June 10 and co-hosted by YouTube sensation Kid President, designed to call attention to the raised instance of child hunger in summer and inspire people to take action in their communities. The program also comprises 26 grants funded by the ConAgra Foods Foundation to assist local Feeding America food banks provide meals to kids when they need them most, when school is out for summer.
ConAgra Foods, Inc. operates as a food company primarily in North America. The company operates through three segments: Consumer Foods, Commercial Foods, and Private Brands. The Consumer Foods segment provides branded food products in various categories, such as meals, entrees, condiments, sides, snacks, and desserts to various retail channels, such as grocery and convenience stores across frozen, refrigerated, and shelf-stable temperature classes.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
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.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
