On Tuesday, Atwood Oceanics, Inc. (NYSE:ATW)’s shares declined -5.04% to $31.87.
Atwood Oceanics, Inc. (ATW) declared that its board of directors has declared a quarterly cash dividend of $0.25 per share of common stock, payable on July 9, 2015 to shareholders of record as of 5:00 p.m., New York City time, on July 2, 2015.
Atwood Oceanics, Inc., an offshore drilling contractor, engages in the drilling and completion of exploratory and developmental oil and gas wells worldwide. As of November 10, 2014, it owned a fleet of 13 mobile offshore drilling units, in addition to 3 ultra-deepwater drill ships under construction.
Teekay Tankers Ltd. (NYSE:TNK)’s shares dropped -4.83% to $6.90.
Teekay Tankers Ltd. (TNK) stated adjusted net income attributable to its shareholders (1) (as detailed in Appendix A to this release) of $39.0 million, or $0.34 per share, for the quarter ended March 31, 2015, contrast to $16.9 million, or $0.20 per share, for the same period in the preceding year. The enhance is primarily due to stronger spot tanker rates in the first quarter of 2015 contrast to the same period in the preceding year, an enhance in fleet size due to the acquisition of four LR2 product tankers and one Aframax tanker in the first quarter of 2015 and the addition of 10 in-chartered vessels delivered during 2014. Adjusted net income attributable to shareholders excludes a number of specific items that had the net effect of increasing net income attributable to shareholders by $9.6 million, or $0.11 per share, for the three months ended March 31, 2014 as detailed in Appendix A to this release. Counting these items, the Company stated, on a GAAP basis, net income attributable to its shareholders of $39.0 million, or $0.34 per share, for the quarter ended March 31, 2015, contrast to $26.4 million, or $0.31 per share, for the quarter ended March 31, 2014. Net revenues(3) were $100.0 million and $60.3 million for the three months ended March 31, 2015 and 2014, respectively.
During the first quarter of 2015, the Company generated $53.0 million, or $0.46 per share, of Free Cash Flow(2), contrast to $31.7 million, or $0.35 per share, in the fourth quarter of 2014 due to higher average spot rates earned and an enhance in fleet size. On April 2, 2015, Teekay Tankers declared a dividend of $0.03 per share for the first quarter of 2015, which was paid on April 30, 2015 to all shareholders of record on April 17, 2015. Since the Company’s inception, it has declared dividends in 30 successive quarters.
Teekay Tankers Ltd. is engaged in the marine transportation of crude oil and refined petroleum products through the operation of its oil and product tankers worldwide. As of December 31, 2014, it owned 27 double-hulled conventional oil tankers, time-chartered in 8 Aframax tankers, and 4 long range 2 product tankers from third parties; and owned a 50% interest in 1 very large crude carrier.
At the end of Tuesday’s trade, Embraer SA (ADR) (NYSE:ERJ)‘s shares dipped -4.78% to $31.09.
Embraer SA (ADR) (ERJ) a partner of the HNA Group, have signed the final agreement for the sale of 22 aircraft. The contract, with an estimated value of USD 1.1 billion at current list prices, comprises 20 E195s and two E190-E2s, making HNA Group Tianjin Airlines the first Chinese airline to order the E-Jets E2s. The agreement between the two companies for 40 aircraft was formerly declared during Chinese President Xi Jinping’s State visit to Brazil, in July 2014. The remaining 18 E190 E2 will be part of a second approval by the Chinese authorities in a later stage.
The first E195 will be delivered in 2015, and the first E190-E2 is planned for delivery in 2018. This order will be incorporated in Embraer’s 2015 second-quarter backlog. Tianjin Airlines is presently the operator of the largest fleet of E-Jets in Asia.
Embraer S.A. designs, develops, manufactures, and sells aircraft and systems; and provides technical support and after-sales service in Brazil, North America, Latin America, the Asia Pacific, Europe, and internationally. It operates through Commercial Aviation, Executive Jets, Defense & Security, and Other Related Businesses segments.
Barrick Gold Corporation (USA) (NYSE:ABX), ended its Tuesday’s trading session with -4.72% loss, and closed at $11.71.
Barrick Gold Corporation (USA) (ABX) declared that it has formed a planned partnership with leading Chinese mining company Zijin Mining Group Co., Ltd (“Zijin”).
As a first step, Zijin will acquire 50 percent of Barrick (Niugini) Limited (“BNL”), the company which owns 95 percent of and manages the Porgera Joint Venture gold mine in Papua New Guinea. In addition, Barrick and Zijin have signed a long-term planned cooperation agreement which outlines the intent of both companies to collaborate on future projects and joint investments, leveraging the strengths of each company.
Barrick Gold Corporation produces and sells gold and copper. The company is also involved in exploration and mine development activities. It conducts mining, development and exploration, and other activities in various countries, counting the United States, Canada, Australia, Argentina, Chile, Peru, the Dominican Republic, Papua New Guinea, Tanzania, Zambia, and Saudi Arabia.
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