On Wednesday, in the course of current trade, Shares of Southwestern Energy Company (NYSE:SWN), dropped -2.85%, and is now trading at $16.69.
Southwestern Energy Company, declared a quarterly dividend of $15.625 per share on its 6.25% Series B Mandatory Convertible Preferred Stock, payable on October 15, 2015, to holders of record on October 1, 2015. This equates to $0.78125 for each depositary share, which represents a 1/20th interest in a share of the Series B preferred stock. The dividend is for the dividend period startning on July 15, 2015 and ending on October 14, 2015.
Southwestern Energy Company is an independent energy company whose wholly-owned auxiliaries are engaged in natural gas and oil exploration, development and production, natural gas gathering and marketing.
Southwestern Energy Company explores, develops, and produces natural gas and oil in the United States. The company operates in two segments, Exploration, Development and Production; and Midstream Services.
During an Afternoon trade, Shares of NRG Yield, Inc. (NYSE:NYLD), climbed 6.22%, and is now trading at $17.00.
NRG Yield, stated second quarter 2015 financial results counting Adjusted EBITDA of $187 million and CAFD of $26 million. Net income attributable to Class A and Class C stockholders for the three months ended June 30, 2015 was $10 million or $0.15 per Class A and Class C common share.
“NRG Yield continues to be one of the most prudently robust and diverse yieldcos in the market, allowing us to continue to transform the energy industry at an accelerated pace,” said David Crane, Chairman and CEO of NRG Yield. “While the industry as a whole underperformed this quarter, as a result of historically low wind resource, NRG Yield’s diversified asset portfolio provides lower potential volatility, enabling us to reaffirm both our current dividend and our anticipated trajectory of dividend growth going forward.”
NRG Yield, Inc., through its auxiliaries, acquires, owns, and operates contracted renewable and conventional generation, and thermal infrastructure assets in the United States.
Finally, DTE Energy Co (NYSE:DTE), gained 0.27% Wednesday.
DTE Energy, declared it ranks among the top electric companies for residential customer satisfaction by J.D. Power among all Midwest utilities in 2015. The company placed second in the Midwest Large segment, improving from its third-place ranking in 2014.
The J.D. Power electric utility survey, in its 17th year, measures satisfaction by surveying customers in six key factors – price, corporate citizenship, communications, customer service, power quality/reliability, and billing and payment.
DTE Energy Company operates in the utility operations. The company’s Electric segment engages in the generation, purchase, distribution, and sale of electricity to about 2.1 million residential, commercial, and industrial customers in southeastern Michigan.
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