On Thursday, E I Du Pont De Nemours And Co (NYSE:DD)’s shares inclined 0.95% to $70.15.
E I Du Pont De Nemours And Co (DD) declared that its board of directors declared a pro rata dividend to DuPont common stockholders of record as of 5:00 p.m. ET on June 23, 2015, the record date, of the outstanding shares of The Chemours Company (“Chemours”) common stock payable on July 1, 2015, the distribution date.
As a result, on the distribution date of July 1, 2015, DuPont common stockholders on the record date will receive one share of common stock of Chemours for every five shares of DuPont common stock they hold on the record date.
- I. du Pont de Nemours and Company operates as a science and technology based company worldwide. The company’s Agriculture segment offers corn hybrid, soybean, canola, sunflower, sorghum, inoculants, seed products, wheat, rice, herbicides, fungicides, and insecticides.
Blackstone Group LP (NYSE:BX)’s shares gained 0.32% to $42.01.
Blackstone Group LP (BX) together with its portfolio company Onyx Renewable Partners (“Onyx”), is happy to declare a partnership between Onyx and Corvias Solutions (“Corvias”) to implement renewable energy offerings across the Corvias Group’s public-private partnership portfolio, counting Department of Defense, higher education, and municipal partnerships.
Corvias provides long-term and sustainable partnership-based solutions for the program, construction, and asset administration of military and student housing and public infrastructure. By implementing an environmentally responsible and at scale renewable solution, Onyx and Corvias are assisting public institutions such as the U.S. military in their efforts to create more resilient and sustainable power solutions in addition to greater energy cost savings and predictability.
Onyx is owned by funds managed by Blackstone and was established in October 2014 to identify and to develop North American renewable power projects. Blackstone has been a long-time supporter of U.S. military service members and their families, pledging in April 2013 to hire 50,000 veterans across its portfolio over five years.
The Blackstone Group L.P. is a publicly owned investment manager. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations. The firm manages separate client focused portfolios. It launches and manages private equity funds, real estate funds, funds of hedge funds, and credit-focused funds for its clients. It invests in private equity, public equity, fixed income, and alternative investment markets. The firm was founded in 1985 and is based in New York, New York.
At the end of Thursday’s trade, McDermott International (NYSE:MDR)‘s shares surged 1.22% to $5.80.
McDermott International (MDR) declared that it has been awarded a contract by Mexican state-owned petroleum company – Pemex. Per the contract McDermott will perform engineering, procurement, construction, installation and pre-commissioning of the Ayatsil-C replacement jacket and related deck installation.
The company stated that this large brownfield contract would be added to its second-quarter backlog. The project is predictable to complete in the fourth quarter of 2016.
Administration at McDermott added that this is the fourth contract that it has been awarded for the Ayatsil field. Last year, the company delivered the Ayatsil-B drilling platform. Earlier this year, the firm accomplished the installation of the Ayatsil-A offshore jacket, deck and piles.
The Ayatsil field is located in the Bay of Campeche and is the biggest discovery for Pemex. The company has plans of developing the field using four platforms.
McDermott primarily serves the worldwide offshore oil and gas field developments. The company’s services comprise front-end design and detailed engineering in addition to fabrication and installation of offshore drilling and production facilities. The company also installs marine pipelines and subsea production systems.
Additionally, the company provides project administration and procurement services. It operates in most of the major offshore oil and gas producing regions, counting the U.S., Mexico, Canada, the Middle East, India, the Caspian Sea and the Asia Pacific.
McDermott International, Inc. operates as an engineering, procurement, construction, and installation company worldwide. The company operates through three segments: Asia Pacific, Americas, and the Middle East. It focuses on designing and executing offshore oil and gas projects.
EOG Resources Inc (NYSE:EOG), ended its Thursday’s trading session with -0.24% loss, and closed at $88.81.
The Board of Directors of EOG Resources, Inc. (EOG) (EOG) has declared a dividend of $0.1675 per share on EOG’s Common Stock, payable July 31, 2015, to stockholders of record as of July 17, 2015. The indicated annual rate is $0.67.
EOG Resources, Inc., together with its auxiliaries, explores for, develops, produces, and markets crude oil and natural gas. The company’s principal producing areas are located in New Mexico, North Dakota, Texas, Utah, and Wyoming in the United States; and Canada, Trinidad, the United Kingdom, and China.
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