On Friday, Health Care REIT, Inc. (NYSE:HCN)’s shares inclined 0.81% to $69.37.
Health Care REIT, Inc. (HCN) declared that its Board of Directors declared a cash dividend for the quarter ended June 30, 2015 of $0.825 per share. The dividend will be the company’s 177th successive quarterly payment, payable August 20, 2015, to stockholders of record on August 11, 2015.
Health Care REIT, Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. It primarily invests in the real estate markets of the United States. The firm primarily invests in senior living and health care properties. It invests across the full spectrum of health care real estate, counting senior living communities, medical office buildings, inpatient and outpatient medical centers and life science facilities.
Hatteras Financial Corp. (NYSE:HTS)’s shares dropped -0.31% to $16.26.
Hatteras Financial Corp. ( HTS ) declared financial results for the quarter ended June 30, 2015.
Second Quarter 2015 Highlights
- Comprehensive loss of $0.50 per weighted-average common share
- Core earnings of $0.50 per weighted-average common share
- Dividend of $0.50 per common share
- Quarter end book value of $21.06 per common share
- GAAP leverage of 6.4 to 1 at period end
- Effective leverage of 8.1 to 1 at period end
- Weighted-average effective leverage of 8.0 to 1 for the quarter
- Weighted-average constant prepayment rate (CPR) of 19.5 for the quarter
- Pingora acquisition progressing toward a third quarter closing
Second Quarter 2015 Results
For the quarter ended June 30, 2015, the Company had comprehensive income (loss) accessible to common shareholders of $(48.6) million, or $(0.50) per weighted-average common share, as contrast to $48.7 million, or $0.50 per weighted-average common share, for the quarter ended March 31, 2015. The decrease in comprehensive income (loss) accessible to common shareholders was largely due to rising interest rates and, more specifically, basis widening during the second quarter. For the quarter ended June 30, 2015, the Company had core earnings of $0.50 per weighted-average common share contrast to $0.56 per weighted-average common share during the quarter ended March 31, 2015. The decrease was driven primarily by a decrease in the yield of the portfolio as prepayments raised. Core earnings represents a non-GAAP measure and is calculated as net interest margin, as adjusted for certain derivative impacts, less operating expenses and dividends on preferred stock. Core earnings also excludes one-time transaction expenses related to the Companys acquisition of Pingora, described later in this release. Administration believes core earnings is additional useful information regarding the Companys performance and an enhancement to the Companys reporting. Administration uses core earnings as a measure of the earnings power of the portfolio and uses it as an additional gauge for determining appropriate distributable income, among other things.
Hatteras Financial Corp. operates as an externally-managed mortgage real estate investment trust (REIT) in the United States. It invests primarily in single-family residential mortgage real estate assets, such as mortgage-backed securities, which are pass-through securities guaranteed or issued by the United States Government agency or the United States Government-sponsored enterprises; and other financial assets.
At the end of Friday’s trade, CARBO Ceramics Inc. (NYSE:CRR)‘s shares dipped -11.29% to $32.84.
CARBO Ceramics Inc. (CRR) stated a GAAP net loss of $17.0 million, or a loss of $0.74 per share, on revenues of $73.3 million for the quarter ended June 30, 2015. This net loss comprises $7.6 million, or $0.33 per share, of after-tax costs primarily associated with slowing and idling production.
CEO Gary Kolstad commented, “We are happy to see our ceramic proppant sales volumes raised 7% sequentially, despite an average North American rig count that declined 40% sequentially. The industry environment remains extremely challenging, but we are making progress in several areas. We continue to create opportunities to assist E&P operators make better wells through the application of our existing and new technologies, thereby increasing estimated ultimate recovery (EUR) and lowering their finding and development costs.
CARBO Ceramics Inc., an oilfield services technology company, manufactures and sells ceramic proppants, resin-coated ceramic, and resin-coated sand proppants for use in the hydraulic fracturing of natural gas and oil wells in the United States and internationally. The company offers ceramic proppants, counting CARBOHSP and CARBOPROP designed for use in deep gas wells; CARBOLITE used in medium depth oil and gas wells; CARBOECONOPROP; CARBOHYDROPROP to enhance performance in slickwater fracture treatments; and CARBOBOND LITE, a resin-coated ceramic for oil and natural gas wells that are subject to the risk of proppant flow-back.
Oceaneering International (NYSE:OII), ended its Friday’s trading session with -2.18% loss, and closed at $XXX40.02
Oceaneering International, Inc. (OII) declared that its Board of Directors declared a regular quarterly dividend of $0.27 per common share. The dividend is payable September 18, 2015 to shareholders of record at the close of business on August 28, 2015.
Oceaneering is a global provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications. Through the use of its applied technology expertise, Oceaneering also serves the defense, entertainment, and aerospace industries.
Oceaneering International, Inc. provides engineered services and products primarily to the offshore oil and gas industry worldwide. The company’s Remotely Operated Vehicles (ROVs) segment offers submersible vehicles for drilling support in the oil and gas industry; and subsea hardware installation, construction, pipeline inspection, survey and facilities inspection, maintenance, and repair services. As of December 31, 2014, this segment owned a fleet of 336 ROVs.
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