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Friday 29 May 2015
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Why These Two Stocks Active? Sprint Corporation (NYSE:S), Eagle Rock Energy Partners, L.P. (NASDAQ:EROC)

On Friday, Shares of Sprint Corporation (NYSE:S), lost -0.64% to $4.69.

The highly anticipated LG G4™, boasting an impressive collection of photography tools, will be accessible in all Sprint Corporation, sales channels, counting Sprint Stores, Telesales at 1-800-SPRINT1 and www.sprint.com, starting on Friday, June 5. Offered by Sprint in two color options, Metallic Gray and Genuine Leather Black, LG G4 is an ideal gift for Father’s Day or graduation.

Sprint offers more purchasing choices for today’s most popular smartphones and tablets than any other U.S. carrier counting:

  • Sprint Lease: LG G4 will be accessible through Sprint Lease for $0 down at signing and $18 per month. With Sprint Lease, qualified customers pay zero out of pocket at lease signing for their smartphone.
  • At the conclusion of the lease period, customers in good standing have several options, counting returning the LG G4 and leasing another device or purchasing it.
  • Sprint Easy PaySM:Well-qualified buyers can purchase LG G4 with $0 down (plus tax), no finance fees and 24 easy monthly payments of $25 (SRP: $600; not taking into account taxes; service plan required).
  • Purchase LG G4 for $ $199.99 with a two-year agreement.
  • Purchase LG G4 for $599.99 without a contract.

Sprint Corporation provides wireless and wireline communications services to consumers, businesses, and government users in the United States, Puerto Rico, and the U.S. Virgin Islands. It operates in two segments, Wireless and Wireline.

Finally, Eagle Rock Energy Partners, L.P. (NASDAQ:EROC), ended its last trade with 11.84% gain, and closed at $2.74.

On April 29, Eagle Rock Energy Partners declared its unaudited financial results for the three months ended March 31, 2015.

First Quarter 2015 Highlights

  • Average daily production was 79.7 MMcfe/d, a 5.7% enhance over fourth quarter 2014
  • Distributable cash flow of $11.9 million, equivalent to $0.08/unit
  • Declared a distribution of $0.07/unit for the first quarter, or $0.28/unit annualized
  • Distribution coverage of 1.12x Distributable Cash Flow for the first quarter; expect to be at or above 1.0x coverage for the full year 2015
  • Adjusted EBITDA of $25.5 million for the first quarter, contrast to $34.5 million for the fourth quarter 2014, as lower realized prices were partially offset by higher production volumes and lower operating costs
  • Total liquidity of $231 million as of March 31, 2015, counting the market value of the Regency Energy Partners, L.P. (“Regency”) common units owned by the Partnership
  • Leverage ratio of 1.8x as of March 31, 2015
  • Placed additional hedges on ~86% of predictable NGL volumes for the remainder of 2015, providing greater cash flow protection

Eagle Rock Energy Partners, L.P., together with its auxiliaries, develops and produces oil and natural gas properties in the United States. The company also engages in ancillary gathering, compressing, treating, processing, and marketing services with respect to its production of natural gas, natural gas liquids, condensate, and crude oil.

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This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.

 




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