On Monday, Shares of Range Resources Corporation (NYSE:RRC), lost -1% to $64.10.
Range Resources Corporation, declared its first quarter financial results.
Highlights
- Production volumes reached a record high, averaging 1,328 Mmcfe per day, a 26% enhance over the preceding-year quarter.
- Unit costs declined $0.53 per mcfe, or 15% contrast to the preceding-year.
- Washington County Marcellus well brought on line in late April with a 24-hour production rate of 43.4 Mmcfe per day. This is a new record and the highest rate ever for any Marcellus well.
- Record Utica well has cumulative production to date of 1.2 Bcf under constrained conditions.
- New well in dry gas area of Washington County, Pennsylvania brought on line in first quarter at a 24-hour production rate of 31.3 Mmcf per day.
- An additional long-term LNG sales agreement signed, bringing total LNG sales agreements to 200,000 Mmbtu per day.
Range Resources Corporation, an independent natural gas, natural gas liquids (NGLs), and oil company, engages in the acquisition, exploration, and development of natural gas and oil properties in the United States. It holds interests in developed and undeveloped natural gas and oil leases in the Appalachian and Midcontinent regions.
Shares of Antero Resources Corporation (NYSE:AR), declined -0.98% to $44.45, during its last trading session.
Antero Resources Corporation, released its first quarter 2015 financial results. The relevant financial statements are comprised of in Antero’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2015, which has been filed with the Securities and Exchange Commission (“SEC”).
Highlights for the First Quarter of 2015:
- Net daily gas equivalent production averaged 1,485 MMcfe/d, an 89% enhance contrast to the preceding year quarter and a 17% enhance sequentially
- Net daily liquids production, comprised of in the above, averaged 40,074 Bbl/d, a 145% enhance contrast to the preceding year quarter and a 32% enhance sequentially
- Realized natural gas price before hedging averaged $2.81 per Mcf, a $0.17 negative differential to Nymex
- Realized natural gas equivalent price counting NGLs, oil and hedges averaged $4.42 per Mcfe
- Adjusted net income of $71 million ($0.27 per share), a 20% decrease contrast to the preceding year quarter and a 9% decrease sequentially
- Adjusted EBITDAX of $355 million, a 30% enhance contrast to the preceding year quarter and a 7% enhance sequentially
- Hedge portfolio was raised to 2.5 Tcfe of future natural gas equivalent production at an average index price of $4.17 per MMBtu.
Antero Resources Corporation, an independent oil and natural gas company, acquires, explores, and develops natural gas, natural gas liquids, and oil properties in the United States.
At the end of Monday’s trade, Shares of Advanced Semiconductor Engineering Inc. (NYSE:ASX), dipped -0.97% to $7.17.
Advanced Semiconductor Engineering, stated unaudited net revenues[1] of NT$64,662 million for the first quarter of 2015 (1Q15), up by 18% year-over-year and down by 16% sequentially. Net income attributable to shareholders of the parent for the quarter totaled NT$4,469 million, up from a net income attributable to shareholders of the parent of NT$3,450 million in 1Q14 and down from a net income attributable to shareholders of the parent of NT$7,864 million in 4Q14. Basic earnings per share for the quarter were NT$0.58 (or US$0.092 per ADS), contrast to basic earnings per share of NT$0.45 for 1Q14 and NT$1.02 for 4Q14. Diluted earnings per share for the quarter were NT$0.56 (or US$0.089 per ADS), contrast to diluted earnings per share of NT$0.44 for 1Q14 and NT$0.99 for 4Q14.
Advanced Semiconductor Engineering, Inc. provides semiconductor packaging and testing services in the United States, Taiwan, Asia, Europe, and internationally. It operates through Packaging, Testing, and Electronic Manufacturing Services (EMS) segments.
Finally, Service Corporation International (NYSE:SCI), ended its last trade with -0.96% loss, and closed at $27.71.
Service Corporation International, stated results for the first quarter 2015.
Quarterly Highlights:
- Diluted earnings per share from ongoing operations not taking into account special items rose 14.3% to $0.32 in the first quarter of 2015 driven by an enhance in both funeral and cemetery gross profits.
- Merged funeral gross profit grew $5.3 million in the first quarter of 2015 while the gross margin percentage raised to 24.5% from 23.4%. Higher gross profits driven by an enhance in comparable funeral services performed more than offset the loss of $7.7 million in gross profits contributed by properties that have been subsequently divested.
- Merged cemetery gross profit raised $6.5 million in the first quarter of 2015 while the gross margin percentage raised to 22.2% from 19.8%. Higher gross profits driven by an enhance in comparable preneed cemetery property sales more than offset the loss of $2.0 million in gross profits contributed by properties that have been subsequently divested.
- Net cash offered by operating activities not taking into account special items raised 20.8% to $197.8 million in the first quarter of 2015 contrast to $163.7 million in the preceding year quarter as a result of the enhances in funeral and cemetery gross profits coupled with a decrease in cash taxes.
- During the first quarter, the company returned $93.6 million to our shareholders through a combination of share repurchases and dividends.
Service Corporation International, together with its auxiliaries, provides deathcare products and services in the United States and Canada. The company operates through Funeral and Cemetery segments. Its funeral service and cemetery operations comprise funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria, and related businesses.
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