On Friday, Shares of Citigroup Inc. (NYSE:C), gained 1.33% to $54.02.
On April 30, Citigroup, hired Murray Roos as Global Head of Sales for its Equities and Prime Finance divisions. In this newly created role, Mr. Roos will be responsible for developing and leading a unified and global sales strategy across the full range of equity and prime finance products offered to Citi’s clients. He will be based in London and report to Derek Bandeen, Global Head of Equities, Okan Pekin, Global Head of Investor Services and Jim O’Donnell, Global Head of Investor Sales.
Mr. Roos brings more than 18 years of industry experience to this new role. He joins Citi from Deutsche Bank where he spent the past eight years in a variety of senior administration positions, most recently as Global Co-Head of Prime Finance and Co-Head of European Equities. He had formerly worked at UBS where he ran the EMEA index flow trading desk.
“This hire reflects Citi’s commitment to attracting the industry’s top talent in addition to our focus on growing Citi’s equities franchise through a close partnership with our Investor Service colleagues,” said Derek Bandeen. “We are delighted to welcome Murray to the team.”
Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG).
Shares of Oasis Petroleum Inc. (NYSE:OAS), inclined 2.14% to $17.20, during its last trading session.
Oasis Petroleum, declared financial results for the quarter ended March 31, 2015 and offered an operational update.
Highlights comprise:
- Exceeded production guidance range and raised average daily production to 50,446 barrels of oil equivalent per day (“Boepd”), an 18% enhance over the first quarter of 2014 and a 1% sequential quarter enhance.
- Invested capital expenditures (“CapEx”) of $271.1 million in the first quarter of 2015, contrast to a CapEx budget of $271.1 million.
- Accomplished and placed on production 23 gross (19.2 net) operated wells in the first quarter of 2015.
- Reduced lease operating expenses (“LOE”) per barrel of oil equivalent (“Boe”) to $8.62, a 17% decrease from the first quarter of 2014 and an 11% sequential quarter decrease.
Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. The company’s principal projects are located in West Williston and East Nesson.
At the end of Friday’s trade, Shares of Encana Corporation (NYSE:ECA), gained 2.70% to $14.07.
Encana Corporation, will release its first quarter 2015 results and hold its Annual and Special Meeting of Shareholders on Tuesday, May 12, 2015. The news release detailing Encana’s first quarter 2015 results will provide operating and financial information. Financial statements will be accessible on the company’s website.
A conference call and webcast to talk about the results will be held for the investment community the same day starting at 7 a.m. MT (9 a.m. ET).
Encana Corporation, together with its auxiliaries, engages in the development, exploration, production, and marketing of natural gas, oil, and natural gas liquids in Canada and the United States. The company owns interests in plays, such as the Montney in northern British Columbia and northwest Alberta; Duvernay in west central Alberta; Clearwater in central and southern Alberta.
Finally, NorthStar Realty Finance Corp. (NYSE:NRF), ended its last trade with 0.75% gain, and closed at $18.83.
NorthStar Realty Finance, declared its results for the first quarter ended March 31, 2015.
First Quarter 2015 Results
NorthStar Realty stated CAD for the first quarter 2015 of $136.5 million, or $0.44 per share. Net (loss) to common stockholders for the first quarter 2015 was $(31.6) million, or $(0.10) per diluted share.
David T. Hamamoto, chairman and chief executive officer, commented, “NorthStar Realty is off to a strong start in 2015, counting concluding the acquisition of about $2 billion of high quality, pan-European predominantly office properties. The projected spin-off of our European real estate business into a separate publicly-traded REIT remains on track for completion during the second half of 2015. In addition, we continue to have an active pipeline of diversified CRE investments that are predictable to generate durable cash flows and build long-term value for our shareholders.”
Mr. Hamamoto added, “Presently, about 84% of our investments are comprised of directly and indirectly owned commercial real estate and we were happy with the recent change of our ‘GICS’ code to an equity REIT, which is another step in the direction of further broadening our institutional shareholder base. We believe NorthStar Realty is exceptionally well positioned for the future and we remain committed to exploring all alternatives for creating shareholder value.”
NorthStar Realty Finance Corp., a real estate investment trust (REIT), operates as a commercial real estate (CRE) investment and asset administration company in the United States. It focuses on originating, structuring, acquiring, and managing senior and subordinate debt investments secured primarily by commercial, multifamily, and healthcare properties, which comprise first mortgage loans, subordinate mortgage interests, mezzanine loans, credit tenant loans, and other loans, such as preferred equity interests in borrowers who own such properties.
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