On Monday, Siliconware Precision Industries (ADR)(NASDAQ:SPIL)’s shares inclined 3.01% to $6.17.
Siliconware Precision Industries Co., Ltd. (SPIL) (Taiwan Stock Exchange: 2325.TT, NASDAQ: SPIL) declared that regarding the declarement of Advanced Semiconductor Engineering, Inc. (“ASE”) to propose a tender offer for SPIL’s common shares and/or ADSs, the Company was not aware of such matter in advance.
The Company will take all actions in accordance with the applicable laws upon receipt of the public tender offer prospectus, and will provide a formal response, together with recommendation and explanations, to the Company’s shareholders within seven (7) days.
Siliconware Precision Industries Co., Ltd. provides semiconductor packaging and testing services to semiconductor suppliers worldwide. Its packaging and testing solutions comprise advanced packages, substrate packages, and lead-frame packages, in addition to testing for logic and mixed signal devices to measure and ensure the performance, functionality, and reliability of packaged semiconductor devices.
Western Refining, Inc. (NYSE:WNR)’s shares dropped -0.56% to $43.02.
Western Refining, Inc. (WNR) recently stated results for its second quarter ending June 30, 2015. Net income attributable to Western, not taking into account special items, was $138 million, or $1.44 per diluted share. This compares to second quarter 2014 net income, not taking into account special items, of $128.8 million, or $1.29 per diluted share. Counting special items, the Company recorded second quarter 2015 net income attributable to Western of $133.9 million, or $1.40 per diluted share, as contrast to net income attributable to Western of $156.7 million, or $1.56 per diluted share for the second quarter of 2014.
Western paid a dividend of $0.34 per share of common stock to shareholders in the second quarter. In July, Western’s Board of Directors approved a $0.34 per share dividend for the third quarter. Counting the third quarter dividend, Western will have returned about $118 million to shareholders through dividends and share repurchases to date in 2015.
Western Refining, Inc. operates as an independent crude oil refiner and marketer of refined products. The company operates in four segments: Refining, NTI, WNRL, and Retail. The Refining segment owns and operates two refineries that process crude oil and other feed stocks primarily into gasoline, diesel fuel, jet fuel, and asphalt; and markets refined products to various customers, counting wholesale distributors and retail chains.
At the end of Monday’s trade, Western Refining, Inc. (NYSE:WNR)‘s shares dipped -1.97% to $62.26.
Cheniere Energy, Inc. (LNG) through its partner, Cheniere Marketing International LLP has reached a liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with Central El Campesino, under which Central El Campesino would purchase about 0.6 million tonnes per annum (“mtpa”) of LNG delivered ex-ship for 20 years startning in 2019 from the Corpus Christi Liquefaction Project presently under construction near Corpus Christi, Texas.
Central El Campesino is developing a 640 MW gas-fired combined-cycle power plant in Chile which is predictable to provide power into Chile’s Central Interconnected System (SIC). In the December 2014 power auction, Central El Campesino won a bid to sell about 480 MW to local distribution companies (LDC’s), which would underpin the construction of the power plant. The LNG would be delivered, stored and regasified at the projected floating storage regasification unit (FSRU), Penco Lirquén LNG Terminal.
Cheniere Energy, Inc., an energy company, engages in the liquefied natural gas (LNG) related business. It operates through two segments, LNG Terminal Business, and LNG and Natural Gas Marketing Business. The company owns and operates Sabine Pass LNG terminal in western Cameron Parish, Louisiana; and Corpus Christi LNG terminal near Corpus Christi, Texas.
Laredo Petroleum Inc (NYSE:LPI), ended its Monday’s trading session with 3.04% gain, and closed at $10.19.
Laredo Petroleum, Inc. (LPI) declared its 2015 second-quarter results, reporting a net loss attributable to common stockholders of $397.0 million, or $1.88 per diluted share, which comprises a pre-tax, non-cash full cost ceiling impairment charge of $488.0 million. Adjusted Net Income, a non-GAAP financial measure, for the second quarter of 2015 was $9.8 million, or $0.05 per diluted share. Adjusted EBITDA, a non-GAAP financial measure, for the second quarter of 2015 was $117.9 million.
2015 Second-Quarter Highlights
- Produced 46,532 barrels of oil equivalent (“BOE”) per day, up about 38% from the comparable second quarter of 2014
- Generated Adjusted EBITDA of $117.9 million, flat with second-quarter 2014 as production growth and cost controls overcame a 46% decrease in realized oil prices
- Reduced unit cash costs to $13.52 per BOE, a decrease of about 28% from the second-quarter 2014 rate of $18.85 per BOE, on a three-stream basis
- Continued growth of the pipeline system managed by Medallion Gathering and Processing, LLC (“Medallion”), which is 49%-owned by Laredo Midstream Services, LLC (“LMS”), as total volumes raised to about 35,000 barrels of oil per day (“BOPD”) in the second quarter and are predictable to be about 60,000 BOPD in the third quarter
- Received $46.6 million of cash settlements on derivatives that matured in second-quarter 2015, increasing hedged pricing for oil by $21.62 per barrel and natural gas by $0.47 per thousand cubic feet, from pre-hedged average sales prices.
Laredo Petroleum, Inc. operates as an independent energy company in the United States. It focuses on the acquisition, exploration, and development of oil and natural gas properties primarily in the Permian Basin in west Texas. As of December 31, 2014, it had interests in the 196,683 net acres in the Permian Basin; and had total proved reserves of 247,322 thousand barrels of oil equivalent.
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