On Thursday, Shares of Penn Virginia Corporation (NYSE:PVA), surged 11.91% to $4.98.
On June 19, Penn Virginia Corporation, has declared a regular quarterly cash dividend of $150.00 per share on its 6.00 percent Series A convertible preferred stock. As a result, on July 15, 2015, a dividend of $1.50 per depositary share, each representing a 1/100th interest in a share of the Series A convertible preferred stock, will be paid to holders of record at the close of business on July 1, 2015.
In addition, the Board of Directors of PVA has declared a cash dividend of $150.00 per share on its 6.00 percent Series B convertible preferred stock. As a result, on July 15, 2015, a dividend of $1.50 per depositary share, each representing a 1/100th interest in a share of the Series B convertible preferred stock, will be paid to holders of record at the close of business on July 1, 2015.
Penn Virginia Corporation, an independent oil and gas company, explores, develops, and produces crude oil, natural gas liquids, and natural gas in various onshore regions of the United States.
Shares of Kinder Morgan, Inc. (NYSE:KMI), declined -1.19% to $38.98, during its last trading session.
Kinder Morgan, aims to start up its second condensate splitter at its Houston Ship Channel complex next month, a spokeswoman said.
The 50,000 barrels per day splitter is slated to start commissioning next week to test all systems leading to startup, the spokeswoman said. Reuters Reports.
Kinder Morgan started up the first of two 50,000 bpd splitters in late March after delays in delivery of manufacturer parts and weather issues pushed startup from mid-2014. Reuters added.
Kinder Morgan, Inc. operates as an energy infrastructure and energy company in North America. The company operates through Natural Gas Pipelines, CO2, Terminals, Products Pipelines, Kinder Morgan Canada, and Other segments.
Finally, Kinross Gold Corporation (NYSE:KGC), ended its last trade with -0.86% loss, and closed at $2.30, as Gold prices saw a lack of investor fortitude throughout the trading session as Greek headlines offered little relief for despondent observers.
Gold for August delivery on the Comex division of the New York Mercantile Exchange fell $1.10 or to close at $1,171.80 per ounce. Trade was stuck in a tight-range, fluctuating between $1,170.50 and $1,177.30.
Kinross Gold Corporation, together with its auxiliaries, engages in the acquisition, exploration, and development of gold bearing properties. It is involved in mining and processing gold and silver ores. The company’s gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania.
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