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Home » Business & Finance » Yesterday’s Gainers To Keep Eyes On: Akorn, (NASDAQ:AKRX), Rex Energy (NASDAQ:REXX), Northern Oil & Gas, (NYSEMKT:NOG) , YY (ADR) (NASDAQ:YY)
Yesterday’s Gainers To Keep Eyes On: Akorn, (NASDAQ:AKRX), Rex Energy (NASDAQ:REXX), Northern Oil & Gas, (NYSEMKT:NOG) , YY (ADR) (NASDAQ:YY)

Yesterday’s Gainers To Keep Eyes On: Akorn, (NASDAQ:AKRX), Rex Energy (NASDAQ:REXX), Northern Oil & Gas, (NYSEMKT:NOG) , YY (ADR) (NASDAQ:YY)

March 19, 2015 10:27 am by: Category: Business & Finance Leave a comment A+ / A-

On Wednesday, Following Stocks were among the “Top 50 Gainers” of U.S. Stock Market: Akorn, Inc (NASDAQ:AKRX), Rex Energy Corporation (NASDAQ:REXX), Northern Oil & Gas, Inc (NYSEMKT:NOG) , YY Inc (ADR) (NASDAQ:YY)

Akorn, Inc (NASDAQ:AKRX), with shares inclined 9.83%, closed at $48.15.

Rex Energy Corporation (NASDAQ:REXX), with shares jumped 9.77%, settled at $4.27.

Northern Oil & Gas, Inc (NYSEMKT:NOG) , with shares climbed 9.76%, and closed at $7.31.

YY Inc (ADR) (NASDAQ:YY), surged 5.79%, and closed at $54.46.

Latest NEWS regarding these Stocks are depicted underneath:

Akorn, Inc. (NASDAQ:AKRX)

On Tuesday, Akorn, Inc. (AKRX), declared that the Corporation filed its Annual Report on Form 10-K for the year ended December 31, 2014 with the U.S. Securities and Exchange Commission (SEC) on March 17, 2015.

Akorn, Inc. develops, manufactures, and markets generic and branded prescription pharmaceuticals, in addition to animal and over-the-counter (OTC) consumer health products in the United States and internationally.

Rex Energy Corporation (NASDAQ:REXX)

On Monday, Rex Energy Corporation (REXX), offered an operational update on the corporation’s Appalachian Basin operations.

Appalachian Basin — Legacy Butler Operated Area:

During the first quarter of 2015, the corporation placed the four-well Powell pad into sales. The four-well Powell pad was drilled with an average lateral length of 5,500 feet and accomplished with an average sand concentration of about 2,300 pounds per foot. The four-well Powell pad produced at an average 5-day sales rate per well of about 9.3 MMcfe/d.

The corporation has also placed the two-well Hamilton pad into sales. The two wells on the pad were drilled with an average lateral length of about 4,700 feet and accomplished with an average sand concentration of about 2,300 pounds per foot. The two-well Hamilton pad produced at an average 5-day sales rate per well of about 7.8 MMcfe/d.

The corporation has released its second rig in the Appalachian Basin and anticipates to run a one-rig program through the remainder of 2015.

Rex Energy Corporation operates as an independent oil, natural gas liquid, and natural gas corporation in the Appalachian and Illinois basins in the United States.

Northern Oil and Gas, Inc. (NYSEMKT:NOG)

Formerly on February 26, Northern Oil and Gas, Inc. (NOG), an exploration and production corporation with a core area of focus in the Williston Basin Bakken and Three Forks play in North Dakota and Montana, declared 2014 fourth quarter and full year results, year-end proved reserves, and 2015 production and capital budget guidance.

ADMINISTRATION COMMENT:

“I am very proud of our accomplishments during 2014,” commented Northern’s Chairman and Chief Executive Officer, Michael Reger. “Over the course of the year, we achieved 29% year-over-year production growth and 20% growth in our proved reserves, while maintaining a strong financial position. Our continued focus on capital discipline has driven improvements in our overall well productivity and the growth of our proved reserve base. That capital discipline, combined with our hedging position in 2015 and the first half of 2016, puts Northern in a strong liquidity position to weather the current downturn in commodity prices. We will continue to be judicious with our capital in this environment and plan to raise our investments as commodity prices improve.”

2015 CAPITAL PROGRAM AND PRODUCTION GUIDANCE:

Northern presently anticipates total 2015 capital expenditures to be about $140 million, down about 74% as compared to 2014 levels. This capital expenditure budget is comprised of about $120 million of drilling and completion capital and about $20 million of acreage attainments, workovers and other capitalized costs. This budget reflects about 20 net wells added to production in 2015, a portion of which were in process at the end of 2014 and partially accrued for in the 2014 capital budget. Northern will continue to high-grade its planned capital program for 2015 through concentration of its investment in its highest return projects. Northern has seen and anticipates to continue to see operators delaying drilling and completion operations while they wait for a reduction in service costs or an raise in commodity prices. With these predictable delays, coupled with the reduced capital budget, Northern estimates 2015 total production will be flat with 2014 levels.

Northern Oil and Gas, Inc., an independent energy corporation, engages in the attainment, exploration, development, and production of oil and natural gas properties in the United States. It primarily holds interest in the Bakken and Three Forks formations in the Williston Basin of North Dakota and Montana.

YY Inc. (NASDAQ:YY)

Formerly on March 5, YY Inc. (YY), a revolutionary real-time interactive social platform, declared its unaudited financial results for the fourth quarter and full year ended December 31, 2014.

Fourth Quarter 2014 Highlights:

  • Net proceeds raised by 91.2% to RMB1,170.6 million (US$188.7 million) from RMB612.3 million in the corresponding period of 2013, primarily driven by a 100.4% raise in proceeds from Internet value-added services, or IVAS proceeds.
  • Net revenue attributable to YY Inc. raised by 94.1% to RMB372.8 million (US$60.1 million) from RMB192.0 million in the corresponding period of 2013.
  • Non-GAAP net revenue attributable to YY Inc. raised by 89.4% to RMB410.8 million (US$66.2 million) from RMB216.9 million in the corresponding period of 2013.

Full Year 2014 Highlights:

  • Net proceeds raised by 101.7% to RMB3,678.4 million (US$592.8 million) from RMB1,823.5 million in 2013, primarily driven by 112.7% raise in IVAS proceeds.
  • Net revenue attributable to YY Inc. raised by 122.8% to RMB1,064.5 million (US$171.6 million) from RMB477.7 million in 2013.
  • Non-GAAP net revenue attributable to YY Inc. raised by 101.6% to RMB1,199.1 million (US$193.3 million) from RMB594.8 million in 2013.

YY Inc., through its auxiliaries, operates an online social platform in the People’s Republic of China. The corporation engages users in real-time online group activities through voice, video, and text on personal computers and mobile devices; and enables users to create and organize groups of various sizes to discover and take part in a range of activities, counting online games, music activities, education, live game broadcasting, and conference calls.

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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.

Yesterday’s Gainers To Keep Eyes On: Akorn, (NASDAQ:AKRX), Rex Energy (NASDAQ:REXX), Northern Oil & Gas, (NYSEMKT:NOG) , YY (ADR) (NASDAQ:YY) Reviewed by on . On Wednesday, Following Stocks were among the "Top 50 Gainers" of U.S. Stock Market: Akorn, Inc (NASDAQ:AKRX), Rex Energy Corporation (NASDAQ:REXX), Northern Oi On Wednesday, Following Stocks were among the "Top 50 Gainers" of U.S. Stock Market: Akorn, Inc (NASDAQ:AKRX), Rex Energy Corporation (NASDAQ:REXX), Northern Oi Rating: 0

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