On Thursday, W&T Offshore, Inc. (NYSE:WTI)’s shares declined -5.03% to $3.40.
W&T Offshore, Inc. (WTI) stated its second quarter 2015 operations and financial results, in addition to its 2015 third quarter and full year production and expense guidance. Some of the key items comprise:
- Successfully accomplished and brought on production two deepwater wells at Mississippi Canyon 538 “Medusa” field during the second quarter. The two wells, the SS #6 and SS #7, came on line with a combined initial rate surpassing 17,300 barrels of oil equivalent (“Boe”) per day gross, increasing the total field output to over 20,800 Boe per day gross or greater than 3,000 Boe per day net to our interest.
- Production for the second quarter of 2015 averaged about 46,500 Boe per day (4.23 million Boe in total for the quarter), 55% of which was oil and liquids. Oil production raised 2.9% for the second quarter of 2015 contrast to the second quarter of 2014 while natural gas production reduced 5.5% and natural gas liquids (“NGLs”) production reduced 20.6% as we continue our focus on oil related projects.
- Average realized sales price for the second quarter of 2015 was $56.63 per barrel for oil, $19.18 per barrel for NGLs and $2.74 per thousand cubic feet (“Mcf”) for natural gas. On a combined basis, our average realized sales price was $34.83 per Boe contrast to $59.63 per Boe in the second quarter of 2014.
W&T Offshore, Inc., an independent oil and natural gas producer, together with its auxiliaries, engages in the acquisition, exploration, and development of oil and natural gas properties primarily in the Gulf of Mexico and onshore in the Permian Basin of West Texas.
Comfort Systems USA, Inc. (NYSE:FIX)’s shares gained 3.24% to $29.35.
Comfort Systems USA, Inc. (FIX), a leading provider of commercial, industrial and institutional heating, ventilation and air conditioning (“HVAC”) services, declared that its board of directors declared a quarterly dividend of $0.065 per share, which is a $0.005 enhance from the Company’s most recent dividend, on Comfort Systems USA, Inc. common stock. The dividend is payable on August 25, 2015 to stockholders of record at the close of business on August 14, 2015.
Comfort Systems USA, Inc. provides installation, maintenance, repair, and replacement services for heating, ventilation, and air conditioning (HVAC) systems in the mechanical services industry. The company is involved in the design, engineering, integration, installation, and start-up of HVAC, building automation controls, and related systems; and maintenance, repair, replacement, reconfiguration, and monitoring of HVAC systems and industrial process piping.
At the end of Thursday’s trade, New York Mortgage Trust Inc (NASDAQ:NYMT)‘s shares dipped -0.30% to $6.56.
New York Mortgage Trust Inc (NYMT) stated results for the quarter ended June 30, 2015.
Summary of Second Quarter 2015:
- Net income attributable to common stockholders of $21.5 million, or $0.20 per share.
- Net interest income of $20.3 million and net interest margin of 391 basis points.
- Issued and sold 1,413,757 shares of its common stock at an average price of $7.79 per share under its at-the-market offering programs, resulting in net proceeds to the Company of about $10.8 million.
- Issued 3,600,000 shares of 7.875% Series C Cumulative Redeemable Preferred Stock for total net proceeds of $86.9 million.
- Accomplished the sale of CLOs realizing a gain of about $3.2 million.
- Sold or refinanced distressed residential mortgage loans with a carrying value of about $16.6 million for aggregate proceeds of about $20.2 million, which resulted in a net realized gain, before income taxes, of about $3.6 million.
New York Mortgage Trust, Inc., a real estate investment trust (REIT), engages in acquiring, investing in, financing, and managing mortgage-related and financial assets in the United States. It primarily invests in residential mortgage-backed securities comprising adjustable-rate, hybrid adjustable-rate, fixed-rate, interest only and inverse interest only, and principal only mortgage-backed securities; multifamily commercial mortgage-backed securities; and residential mortgage loans, counting loans sourced from distressed markets.
Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL), ended its Thursday’s trading session with -0.64% loss, and closed at $1.56.
Gol Linhas Aereas Inteligentes SA (ADR) (GOL) the largest low-cost and best-fare airline in Latin America, hereby declares to its shareholders and the market in general the launch of internet onboard via satellite and an entertainment platform, the most complete of Latin America.
GOL will become the first Brazilian, South and Central America airline to offer onboard wi-fi internet access during the flight period. The platform will also comprise TV channels, program streaming with movies, cartoons, series and games, pay-per-view content, music, and a flight map. All online and off-line content can be easily accessed through mobile devices, such as the passenger’s cell phone, tablet or notebook.
GOL partnered with Gogo - the leader company in onboard connectivity and entertainment in the global aero market, to launch the connectivity and entertainment platform. As part of the agreement, Gogo will equip GOL’s entire fleet with an antenna, providing 2Ku next generation satellite communication technology, in addition to IPTV, the most up-to-date TV signal transmission system and streaming system for movies and others.
Gol Linhas Aéreas Inteligentes S.A. provides regular and non-regular air transportation services for passengers, cargoes, and mailbags in Brazil and internationally. The company operates in two segments, Flight Transportation and Smiles Loyalty Program. As of December 31, 2014, it operated a fleet of 144 aircraft, which comprised of 96 aircraft under operating leases, 45 aircraft under finance leases, and 3 aircraft owned by the company. It also develops and manages its own or third partys customer loyalty program, in addition to sells redemption rights of awards related to the loyalty program.
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