During Monday’s current trade, SM Energy Co (NYSE:SM)’s shares incline 0.89% to $46.61.
SM Energy Co (SM) declares that the Company will be participating in the following events:
- June 17, 2015 – TPH 2015 Hotter ‘N Hell Conference in Houston, Texas. Jay Ottoson, President and Chief Executive Officer, will conduct investor meetings.
- June 22-24, 2015 – Macquarie will host the Company at investor meetings in London.
The Company is posting an updated investor presentation to its website at www.sm-energy.com in conjunction with this release. The investor presentation has updated information on slides 5, 8, and 27. The updated presentation comprises additional data on the Company’s predictable natural gas liquids (“NGL”) realized prices
SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America.
Waste Administration, Inc. (NYSE:WM)‘s shares drop -1.26% to $47.83, during the current trading session Monday’s, hitting its highest level.
Waste Administration, Inc. (WM) declared that it will release second quarter 2015 financial results before the opening of the market on Thursday, July 23, 2015. Following the release, Waste Administration will host its investor conference call at 10:00 a.m. ET.
Waste Administration, Inc., through its auxiliaries, provides various waste administration environmental services to residential, commercial, industrial, and municipal customers in North America. It offer collection services, counting picking up and transporting waste and recyclable materials from where it was generated to a transfer station, and material recovery facility, or disposal site, in addition to develops and operates landfill gas-to-energy facilities in the United States.
In a afternoon trade, Public Service Enterprise Group Inc. (NYSE:PEG)‘s shares surge 0.78% to $40.03.
Public Service Enterprise Group Inc. (PEG) and Robert Wood Johnson University Hospital Rahway recently marked the completion of $3.4 million in energy efficiency improvements that will save the acute care hospital more than $300,000 annually in energy costs.
The work was accomplished through the PSE&G Hospital Efficiency Program, a $174 million effort by New Jersey’s oldest and largest gas and electric utility that will assist more than 40 hospitals to better manage their energy consumption.
The energy efficiency work is part of a multi-year renovation at RWJ Rahway that comprises a newly redesigned main entrance and lobby, a renovated Critical Care Unit, and the new Center for Ambulatory Medicine, which comprises the Center for Wound Healing and Hyperbaric Medicine, Diabetes Counseling and Weight Administration, Neuropathy Clinic, physician offices and other services. Presently under renovation are diagnostic services such as radiology, laboratory and cardiac stress testing, in addition to patient rooms.
The energy efficiency improvements at RWJ Rahway comprise a major upgrade to the hospital’s air conditioning chiller plant, the installation of energy efficient lighting fixtures, the replacement of old, inefficient motors with new energy efficient models and the retrofitting of existing heating boilers with new energy efficient burners.
Public Service Enterprise Group Incorporated, through its auxiliaries, operates as an energy company primarily in the northeastern and Mid Atlantic United States. The company operates nuclear, coal, gas, oil-fired, and renewable generation facilities with a generation capacity of about 13,146 megawatts. It sells electricity, natural gas, emissions credits, and a series of energy-related products that are used to optimize the operation of the energy grid.
American Electric Power Company Inc (NYSE:AEP), during its Monday’s current trading session -0.17% loss and closed at $53.84.
Affiliates of American Electric Power (AEP), Berkshire Hathaway Energy, Duke Energy (DUK), Edison International (EIX), Eversource Energy (ES), Exelon (EXC), Great Plains Energy (GXP), and Southern Company (SO) have signed a memorandum of understanding to pursue development of Grid Assurance™, a limited liability company that expects to offer subscribers cost-effective solutions for enhancing grid resiliency and protecting customers from prolonged transmission outages.
As proposed, Grid Assurance will own and provide subscribers with timely access to an inventory of emergency spare transmission equipment that can otherwise take months to acquire. Grid Assurance filed a petition with the Federal Energy Regulatory Commission (FERC) late yesterday seeking confirmation that this service can be part of a transmission-owning entity’s strategy to effectively address grid resiliency mandates. Grid Assurance will not be FERC regulated, but plans to charge cost-based subscription fees, similar to FERC-regulated transmission formula rates. Cost-based subscription fees are expected to facilitate subscribers’ ability to recover expenses.
Restoration of the transmission grid can be hampered by long lead times required to design, build and deliver critical replacement equipment including large transformers, circuit breakers and other specialized electrical equipment. As proposed, Grid Assurance will be more cost-effective than companies independently securing emergency spare equipment for high-impact, low-frequency events due to economies of scale, diversification and improved logistics.
American Electric Power Company, Inc., a public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers. The company generates electricity using coal and lignite, natural gas, nuclear, and hydroelectric and other energy sources.
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