On Friday, Shares of Oasis Petroleum Inc. (NYSE:OAS), gained 1.76% to $17.37.
Oasis Petroleum Inc. (OAS), 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, an 18% enhance over the first quarter of 2014 and a 1% sequential quarter enhance.
- Invested capital expenditures 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 per barrel of oil equivalent to $8.62, a 17% decrease from the first quarter of 2014 and an 11% sequential quarter decrease.
- Stated Adjusted EBITDA of $208.9 million in the first quarter of 2015. For a definition of Adjusted EBITDA and a reconciliation of net income and net cash offered by operating activities to Adjusted EBITDA, see “Non-GAAP Financial Measures” below.
- Accomplished a public offering of 36.8 million shares, raising $463.1 million of net proceeds for the Company on March 9, 2015.
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.
Shares of General Growth Properties Inc (NYSE:GGP), inclined 0.42% to $28.42, during its last trading session.
General Growth Properties, Inc. (GGP), declared its Board of Directors declared a second quarter common stock dividend of $0.17 per share payable on July 31, 2015, to stockholders of record on July 15, 2015. The dividend represents an enhance of $0.02 per share, or about 13%, from the second quarter 2014 common stock dividend.
The Board of Directors also declared a quarterly dividend on the 6.375% Series A Cumulative Redeemable Preferred Stock of $0.3984 per share payable on July 1, 2015, to stockholders of record on June 15, 2015.
General Growth Properties, Inc is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It engages in owning, managing, leasing, and redeveloping high-quality regional malls. General Growth Properties, Inc is based in Chicago, Illinois.
At the end of Friday’s trade, Shares of Civeo Corp(NYSE:CVEO), lost -0.25% to $ 4.03.
Civeo Corporation, declared that, at its 2015 Annual Meeting of Stockholders, Civeo stockholders approved the proposal to allow the Company to migrate to Canada. More than 99% of shares voting on the transaction were voted in favor of the migration.
As formerly declared, Civeo anticipates to execute the migration through a “self-directed re-domiciling” of the Company. The Company anticipates to complete the migration in the second or third quarter of 2015.
Civeo Corporation provides remote site accommodations for the natural resource industry in Australia, Canada, and the United States.
Finally, Gevo, Inc. (NASDAQ:GEVO), ended its last trade with 4.64% gained, and closed at $ 3.16.
Gevo, Inc. (GEVO), declared that Dr. Patrick Gruber, Gevo’s Chief Executive Officer, will take part on a panel at the Cowen and Company 43rd Annual Technology, Media & Telecom Conference on Thursday, May 28, 2015 at 2:45 PM EDT. The conference is being held at The New York Palace Hotel in New York City.
Gevo, Inc., a renewable chemicals and biofuels company, focuses on the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks. The company operates in two segments, Gevo, Inc.; and Gevo Development/Agri-Energy.
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