On Friday, Shares of Boeing Co (NYSE:BA), gained 0.15% to $149.46.
Boeing, declared the delivery of the 500th Boeing airplane to GE Capital Aviation Services (GECAS). The Next-Generation 737-800 will be leased to Kenya Airways and is the 401st 737 delivered to the leasing company.
“This is a major milestone in our 20-year association with Boeing,” said Norm Liu, President and CEO, GECAS. “We are proud to take delivery of our 500th Boeing airplane. Boeing is a key business partner providing us with advanced, efficient and reliable airplanes that our airline customers need to be successful in recently’s competitive marketplace.”
GECAS has ordered a total of 645 Boeing airplanes, recently adding the 787-10 and the 737 MAX to their order book. GECAS has taken delivery of a large portfolio of Boeing airplanes, counting 57 777s, 30 767s, eight 747s and four 757s.
The Boeing Company, together with its auxiliaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide.
Shares of Suncor Energy Inc. (USA) NYSE:SU), declined -1.68% to $27.44, during its last trading session.
Suncor Energy released its 2016 corporate guidance, which comprises a flexible capital spending program of between $6.7 billion and $7.3 billion and average production of 525,000 to 565,000 barrels of oil equivalent per day.
The guidance comprises projected Suncor oil sands cash operating costs per barrel (not taking into account Syncrude) of $27.00 to $30.00, ongoing a multi-year trend that has seen Suncor reduce its oil sands cash costs by over 25 per cent since 2011.
“Our oil sands production is predictable to be slightly reduced in 2016, as compared to 2015 as a result of noteworthy planned maintenance activities planned at various facilities, counting our first five year full turnaround at the U2 upgrader and major maintenance at Firebag,” said Steve Williams, Suncor president and chief executive officer. “We remain focused on achieving further reliability improvements across our operations. And, we’ll continue to build upon the momentum gained in 2015 in reducing cash costs per barrel at our oil sands operations.”
Suncor Energy Inc. operates as an integrated energy company. The company primarily focuses on developing petroleum resource basins in Canada’s Athabasca oil sands; explores, acquires, develops, produces, and markets crude oil and natural gas in Canada and internationally; transports and refines crude oil; markets petroleum and petrochemical products primarily in Canada; and markets third party petroleum products.
Finally, Shares of RSP Permian Inc (NYSE:RSPP), ended its last trade with -1.10% loss, and closed at $28.76.
RSP Permian, stated that it has closed its formerly declared acquisition of undeveloped acreage and oil and gas producing properties in the Midland Basin for a purchase price of about $137 million, subject to customary post-closing adjustments. Since August 2015, RSP has attained about 10,700 net acres in the Midland Basin, mostly offsetting or in close proximity to existing operations, and has raised the Company’s horizontal inventory in its core focus area by over 25%.
RSP Permian, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin of West Texas.