On Friday, Shares of Applied Materials, Inc. (NASDAQ:AMAT), lost -0.81% to $19.62.
On June 5, Applied Materials, declared that its Board of Directors has approved a quarterly cash dividend of $0.10 per share payable on the company`s common stock. The dividend is payable on September 10, 2015 to stockholders of record as of August 20, 2015.
Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, flat panel display, solar photovoltaic (PV), and related industries worldwide. The company’s Silicon Systems Group segment develops, manufactures, and sells a range of manufacturing equipment used to fabricate semiconductor chips or integrated circuits.
Shares of Encana Corporation (NYSE:ECA), declined -2.04% to $12.02, during its last trading session, as oil prices were falling Friday due to concerns about oversupply before the release of the latest U.S. oil drilling data, according to the Wall Street Journal. Forecasts call for the global supply of crude oil to shrink due to growing demand and less drilling, but some U.S. companies said they can enhance production if oil prices remain above $60, accord to the Journal.
WTI crude oil for July delivery was down 1.3% to $59.99 a barrel Friday morning, and Brent crude oil for July delivery was down 1.2% to $64.33 a barrel.
Encana Corporation, together with its auxiliaries, engages in the development, exploration, production, and marketing of natural gas, oil, and natural gas liquids in Canada and the United States.
Finally, Halcón Resources Corporation (NYSE:HK), ended its last trade with -6.45% loss, and closed at $1.16, as oil slid on Friday for a second day, giving back more of the week’s gains as investors took profits on worries that higher Saudi Arabia output would feed the global supply glut.
Crude rebounded early in the week, but the rally stalled on Thursday as the dollar strengthened against the euro due to developments in Greece’s debt crisis, which still dominated sentiment on global markets on Friday. Strength in the greenback makes oil, sold in dollars, less affordable to euro holders, according to Reuters.
After Thursday’s 1 percent drop, crude futures extended their downdraft as Saudi Arabia said it was ready to enhance oil output in coming months to a new record. Reuters Reports.
Halcón Resources Corporation, an independent energy company, is engaged in the acquisition, production, exploration, and development of onshore oil and natural gas properties in the United States. The company primarily holds interests the Bakken/Three Forks Formations comprising about 129,000 net acres of area in North Dakota; and East Texas Eagle Ford Formations covering about 101,000 acres of area in Brazos, Burleson, and Robertson counties.
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