On Wednesday, Shares of WEC Energy Group Inc (NYSE:WEC), lost -0.36% to $52.25.
amp Trillium, LLC, the joint venture between ampCNG and Trillium CNG, opened a public-access compressed natural gas station in northern Jacksonville, Florida. The station, which is conveniently located at 4100 Heckscher Drive along Interstate 295 at the GATE Station - Gateway to the Port, is now open 24 hours a day, seven days a week to all CNG vehicles, counting Class 8 trucks.
To celebrate the station opening, a ceremony, tour of the station and fueling demonstration will be held recently from 2:00 - 3:30 p.m. in partnership with the Florida Energy Summit, which is taking place in Jacksonville this year. ampCNG’s co-founder and director of engineering Steve Josephs will speak at the event, as will Anddrikk Frazier of Integral Energy, Buzz Hoover of GATE and Alan Mosley of the JAX Chamber of Commerce, among others.
With Trillium CNG’s proprietary fast-fill hydraulic intensifier compressor (HY-C), this new location enables three Class 8 trucks to fuel simultaneously at 10 diesel gallon equivalents per minute. amp Trillium also owns and operates the only other CNG station in the area, which is located in southern Jacksonville at 9711 Mining Drive off Highway 1 and 295. With two stations plannedally located north and south of the city, CNG trucks can now travel in either direction without needing to stray from their designated routes to refuel, saving valuable time and money. Click here to download photos of the Jacksonville station.
WEC Energy Group, Inc., through its auxiliaries, generates and distributes electric energy. The company operates in two segments, Utility Energy and Non-Utility Energy. It generates electricity from coal, natural gas, oil, hydroelectric, wind, and biomass.
Shares of Antero Resources Corp (NYSE:AR), inclined 0.25% to $23.64, during its last trading session.
Antero Resources (AR) (“Antero” or the “Company”) recently declared its third quarter 2015 operations update.
Highlights comprise:
- Average net daily gas equivalent production was 1,506 MMcfe/d, a 39% improvement over the preceding year quarter and a 1% improvement sequentially
- Average net daily liquids production (C3+ NGLs and oil) was 52,250 Bbl/d, a 109% improvement over the preceding year quarter and a 14% improvement sequentially
- Realized natural gas price after settled commodity derivatives averaged $3.99 per Mcf, a $1.22 positive differential to Nymex
- Realized C3+ NGL price after settled commodity derivatives averaged $16.47 per barrel (35% of WTI) during the quarter
- Realized natural gas equivalent price counting NGLs, oil and settled derivatives averaged $3.83 per Mcfe
- Regional pipeline project on plan for completion in the fourth quarter of 2015 accessing more favorable pricing markets
- Executed 70,000 MMBtu/d LNG supply agreement with Chubu Electric Power Company
- Raised hedge position to 3.1 Tcfe through 2021 at an average fixed price of $3.93/Mcfe
- Successfully accomplished drop down of water business to Antero Midstream for $1.05 billion plus a total of $250 million of potential earn out payments
Antero Resources Corporation, an independent oil and natural gas company, acquires, explores, and develops natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2014, the company had 543,000 net acres of oil and gas properties located in the Appalachian Basin in West Virginia, Ohio, and Pennsylvania.
Finally, Centene Corp (NYSE:CNC), ended its last trade with -0.89% loss, and closed at $56.75.
Health Net, declared that independent proxy advisory firms Institutional Shareholder Services Inc. (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) have recommended that Health Net stockholders vote “FOR” all proposals at Health Net’s special meeting of stockholders planned for October 23, 2015, counting the proposal to adopt the merger agreement with Centene Corporation (CNC).
ISS stated in its October 8, 2015 report to approve the merger: “Shareholder support for the merger is warranted given the planned rationale for the transaction. … The merger is predictable to generate about $150 million in annual synergies … [and] … is predictable to be 10% accretive to earnings per share during the first year following closing.”
In its October 9, 2015 report, Glass Lewis commented on the planned benefits of the transaction: “Plannedally, the projected merger will result in the formation of a combined company that should have improved scale, greater geographic reach and a more diversified product mix, putting it in a better position (contrast to either Centene or Health Net on a standalone basis) to compete in the evolving and consolidating managed care sector.”
Centene Corporation operates as a diversified, multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. It operates in two segments, Managed Care and Specialty Services.
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