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Saturday 27 June 2015
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Pre-Market Stocks Roundup: SM Energy (NYSE:SM), NextEra Energy (NYSE:NEE), Basic Energy Services, (NYSE:BAS), Aecom (NYSE:ACM)

On Friday, SM Energy Co (NYSE:SM)’s shares declined -0.80% to $44.78.

SM Energy Co (SM) declared that the Macquarie will host the Company at investor meetings in London on June 22-24, 2015. The Company is posting an updated investor presentation to its website at www.sm-energy.com in conjunction with this release. The investor presentation has updated information on slides 5, 8, and 27. The updated presentation comprises additional data on the Company’s predictable natural gas liquids (“NGL”) realized prices in response to recent declines in propane and butane prices.

SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America. It primarily has operations in the South Texas and Gulf Coast region, which focuses primarily on Eagle Ford shale program; Rocky Mountain region comprising the Bakken/Three Forks formations in the North Dakota portion of the Williston Basin; Permian region covering western Texas and southeastern New Mexico; and Mid-Continent region, which manages Haynesville and Woodford shale assets.

NextEra Energy Inc (NYSE:NEE)’s shares dropped -1.26% to $100.97.

Silagy has been with FPL and its parent company NextEra Energy Inc (NEE), Florida Power & Light Company (FPL) recently declared that its President and Chief Executive Officer Eric Silagy has been designated to the U.S. Chamber of Commerce Board of Directors for a two-year term. Silagy joins an influential group of 100 business leaders who champion the interests of more than 3 million businesses of all sizes, sectors and regions.

NextEra Energy, Inc., through its auxiliaries, generates, transmits, and distributes electric energy in the United States and Canada. The company generates electricity from gas, oil, solar, coal, petroleum coke, nuclear, and wind sources. As of December 31, 2014, it served about 9 million people through about 4.7 million customer accounts in the east and lower west coasts of Florida.

At the end of Friday’s trade, Basic Energy Services, Inc (NYSE:BAS)‘s shares dipped -3.49% to $7.20.

Basic Energy Services, Inc (BAS) stated selected operating data for the month of May 2015. Basic’s well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 48,200 producing a rig utilization rate of 50%, contrast to 50% and 70% in April 2015 and May 2014, respectively.

During the month, Basic’s fluid service truck count reduced by two to 1,006. Fluid service truck hours for the month were 189,900 contrast to 190,600 and 213,400 in April 2015 and May 2014, respectively.

Drilling rig days for the month were 96 producing a rig utilization of 26%, contrast to 34% and 89% in April 2015 and May 2014, respectively.

Basic Energy Services, Inc. provides well site services to oil and natural gas drilling and producing companies in the United States. Its Completion and Remedial Services segment offers pumping services, such as cementing, acidizing, fracturing, nitrogen, and pressure testing; rental and fishing tools; coiled tubing; snubbing services; thru-tubing; cased-hole wireline services; and underbalanced drilling in low pressure and fluid sensitive reservoirs. This segment operates 291 pumping units; and 66 air compressor packages, counting 36 snubbing units, 16 coiled tubing units, and 10 wireline units.

Aecom (NYSE:ACM), ended its Friday’s trading session with 1.11% gain, and closed at $34.51.

Aecom (ACM) declared that its Tishman Construction operation is serving as construction manager of the repositioning and renovation of Citi’s 388-390 Greenwich Street Re-Development.

The project will consolidate a substantial portion of Citi’s New York metropolitan-area population into a newly updated global headquarters at the company’s existing two-building complex in the Tribeca neighborhood of Lower Manhattan. Improvements at the 4-acre site may include exterior enhancements, additions to the plaza space, upgrades and end-of-life infrastructure replacements, as well as re-stacking and renovations of 2.34 million gross square feet of interior space, including a tier IV data center. Additionally, the project team is pursuing LEED Platinum certification.

AECOM, together with its auxiliaries, provides professional technical and administration support services for public and private clients worldwide. The company operates through two segments, Professional Technical Services (PTS) and Administration Support Services (MSS).

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