On Monday, Shares of SandRidge Energy, Inc. (NYSE:SD), lost -5.63% to $1.51, after bearish commentary on oil prices by the Organization of the Petroleum Exporting Countries (OPEC).
OPEC said in a draft report that oil prices would remain below $100 per barrel until at least 2025 according to the Wall Street Journal. The organization’s most optimistic scenario predicts that oil would sell at about $76 a barrel a decade from now, the report states.
SandRidge Energy, Inc., an oil and natural gas company, explores for and produces oil and natural gas properties primarily in the Mid-Continent region of the United States. The company operates through three segments: Exploration and Production, Drilling and Oil Field Services, and Midstream Services
Shares of Royal Caribbean Cruises Ltd. (NYSE:RCL), inclined 0.15% to $72.56, during its last trading session.
Royal Caribbean Cruises, declared a quarterly dividend of $0.30 per common share payable on June 2, 2015, to shareholders of record at the close of business on May 19, 2015.
Royal Caribbean Cruises, Ltd. operates as a cruise company. The company operates cruisers under the Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisières de France, and TUI Cruises brand names.
At the end of Monday’s trade, Shares of CBRE Group, Inc. (NYSE:CBG), gained 2.08% to $38.33.
Global real estate investors remain confident and their intentions are expansionary, with more than half planning to enhance their acquisitions in 2015, according to CBRE’s Global Investor Intentions Survey 2015.
Globally, 53 percent of investors plan to enhance their purchases this year. Investor appetite for cross-regional acquisitions has raised significantly with 38 percent of respondents intending to invest outside their own region this year–up from 28 percent in 2014. Among these investors, 31 percent identified Western Europe as the top destination.
London retained its position as the top city for investment, while other gateway cities such as Tokyo, Sydney, New York and Paris remained in the top ten. Second-tier cities saw an enhance in investor interest in 2015, with Madrid, Dallas and Seattle all making the top ten. This reflects investors’ search for more attractive yields, in addition to greater knowledge and comfort with a larger number of global cities. There is also a marked enhance in appetite among investors from EMEA and North America for value-add and opportunistic investments. In contrast, Asia Pacific saw a noteworthy jump in investors preferring prime core assets at 43 percent in 2015, contrast to 29 percent last year.
CBRE Group, Inc. operates as a commercial real estate services and investment company worldwide. The company operates through Americas; Europe, Middle East and Africa; Asia Pacific; Global Investment Administration; and Development Services segments.
Finally, Devon Energy Corporation (NYSE:DVN), ended its last trade with -2.11% loss, and closed at $66.46.
Devon Energy Corporation, declared its administration will present at the UBS Global Oil and Gas Conference in Austin, Texas, on Tuesday, May 19, 2015, at 12:30 p.m. Central Time (1:30 p.m. Eastern Time). The event will be accessible to the public via internet webcast.
Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids (NGLs) in the United States and Canada. It holds interests in various properties located in Anadarko Basin, Barnett Shale, Eagle Ford, Mississippian-Woodford Trend, Permian Basin, and Rockies in the United States, in addition to in the Jackfish and Pike heavy oil projects located in Alberta, Canada.
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