Insights about U.S. Stocks from mix sectors that landed in the Green-Zone in the course of Tuesday’s trade, are depicted underneath:
Matador Resources Co (NYSE:MTDR)’s shares picked up 4.91%, and closed at $ 22.44, during the last trading session.
Matador Resources Corporation, an independent energy corporation engaged in the exploration, development, production and attainment of oil and natural gas resources, with an emphasis on oil and natural gas shale and other unconventional plays and with a current focus on its Eagle Ford operations in South Texas and its Permian Basin operations in Southeast New Mexico and West Texas, stated financial and operating results for the three months and year ended December 31, 2014. Headlines comprise the following:
For the fourth quarter ended December 31, 2014:
- Record oil production of 1.018 million barrels for the three months ended December 31, 2014, a year-over-year raise of 67% from 608,000 barrels produced in the three months ended December 31, 2013, and a sequential raise of 21% from 839,000 barrels produced in the three months ended September 30, 2014.
- Record natural gas production of 5.4 billion cubic feet for the three months ended December 31, 2014, a year-over-year raise of 82% from 3.0 billion cubic feet produced in the three months ended December 31, 2013, and a sequential raise of 40% from 3.8 billion cubic feet produced in the three months ended September 30, 2014.
- Record average daily oil equivalent production of 20,807 barrels of oil equivalent (“BOE”) per day for the three months ended December 31, 2014, comprising of 11,062 barrels of oil per day and 58.5 million cubic feet of natural gas per day, a year-over-year BOE raise of 74% from 11,968 BOE per day, comprising of 6,612 barrels of oil per day and 32.1 million cubic feet of natural gas per day, for the three months ended December 31, 2013, and a sequential raise of 29% from 16,096 BOE per day, comprising of 9,123 barrels of oil per day and 41.8 million cubic feet of natural gas per day, for the three months ended September 30, 2014.
- Oil and natural gas proceeds of $93.1 million for the fourth quarter of 2014, a 34% year-over-year raise from $69.7 million stated during the fourth quarter of 2013, and a sequential decrease of 4% from $96.6 million stated in the third quarter of 2014. Weighted average oil and natural gas prices realized in the fourth quarter of 2014 were $69.09 per barrel and $4.24 per thousand cubic feet, respectively, significantly lower than the weighted average oil and natural gas prices of $90.91 per barrel and $4.86 per thousand cubic feet, respectively, realized in the fourth quarter of 2013 and $92.39 per barrel and $4.95 per thousand cubic feet, respectively, realized in the third quarter of 2014.
- Record Adjusted EBITDA, a non-GAAP financial measure, of $70.3 million for the fourth quarter of 2014, a 44% year-over-year raise from $48.8 million stated during the fourth quarter of 2013, and a sequential raise of 5% from $66.8 million stated in the third quarter of 2014. These results were achieved despite a year-over-year decrease of 24% in realized oil prices and 13% in realized natural gas prices, and a sequential decrease of 25% in realized oil prices and 14% in realized natural gas prices.
Matador Resources Corporation, an independent energy corporation, attains, explores, develops, and produces oil and natural gas resources in the United States. It primarily holds interests in the Eagle Ford shale play in South Texas; and the Wolfcamp and Bone Spring plays in the Permian Basin in Southeast New Mexico and West Texas. The corporation also has interests in the Haynesville shale and Cotton Valley plays in Northwest Louisiana and East Texas; and the Meade Peak shale play in Southwest Wyoming and the adjacent areas of Utah and Idaho.
Bonanza Creek Energy Inc (NYSE:BCEI), raised 4.86%, and closed at $27.42.
Bonanza Creek Energy, Inc. formerly on February 26, stated its fourth quarter and full year 2014 financial and operating results. Unless noted, all references to barrel of oil equivalent (boe) volumes related to activities accomplished in the Rocky Mountain region during 2014 have incorporated 6:1 gas to liquids conversion of two-stream (oil and wet gas) volumes.
Highlights from fourth quarter 2014 comprise:
- Raised sales volumes by 23% contrast to fourth quarter 2013, to 25.9 Mboe/d
- Grew Rocky Mountain production by 29% contrast to fourth quarter 2013, to 19.4 Mboe/d
- Adjusted EBITDAX of $102.4 million.
Bonanza Creek Energy, Inc., an independent energy corporation, engages in the attainment, exploration, development, and production of onshore oil and associated liquids natural gas in the United States. The corporation’s oil and liquids weighted assets are located primarily in the Wattenberg Field in Colorado; and the Dorcheat Macedonia Field in southern Arkansas. It also owns and operates oil-producing assets in the North Park Basin in Colorado; and the McKamie Patton Field in Southern Arkansas. The corporation was founded in 2010 and is headquartered in Denver, Colorado.
Seventy Seven Energy Inc (NYSE:SSE) enhanced 4.84%, and closed at $4.55.
Seventy Seven Energy Inc. stated financial and operational results for the 2014 full year and fourth quarter. Key information related to the 2014 full year is as follows:
- Adjusted Proceeds were $1.978 billion on Total Proceeds of $2.081 billion,
- Adjusted EBITDA was $446.2 million,
- Net loss per fully diluted share was ($0.17),
- Proceed diversity raised 9% to 19% of merged proceeds from 2013 full year to 2014 full year.
SSE stated total proceeds of $2.081 billion for the 2014 full year, a 5% decrease contrast to total proceeds of $2.188 billion for the full year 2013. On June 30, 2014, SSE separated from Chesapeake Energy Corporation (CHK) and became an independent, publicly traded corporation in a series of transactions, which is referred to as the “spin-off.” As part of the spin-off, SSE distributed its compression unit manufacturing and geosteering businesses to Chesapeake and sold its crude hauling assets to a third party. SSE’s adjusted proceeds assume these transactions occurred on January 1, 2013. Adjusted proceeds for the 2014 full year were $1.978 billion contrast to $1.975 billion for the 2013 full year. Adjusted EBITDA for the 2014 full year was $446.2 million, contrast to $448.5 million for the 2013 full year.
Total proceeds for the fourth quarter of 2014 were $494.9 million, a 6% decrease contrast to total proceeds of $526.8 million for the third quarter of 2014 and adjusted proceed of $460.8 million for the fourth quarter of 2013. Adjusted EBITDA for the fourth quarter of 2014 was $107.1 million, contrast to $132.8 million for the third quarter of 2014 and $103.9 million for the fourth quarter of 2013.
Seventy Seven Energy Inc. provides oilfield services in the United States. The corporation operates in the Drilling, Hydraulic Fracturing, Oilfield Rentals, Oilfield Trucking, and Other Operations segments. The Drilling segment offers land drilling and drilling-related services, counting directional drilling, geosteering, and mudlogging for the oil and natural gas exploration and development activities. The Hydraulic Fracturing segment provides hydraulic fracturing and other well stimulation services.
Discovery Communications Inc (NASDAQ:DISCK), enhanced 4.70%, and closed at $32.54.
Discovery Communications, Inc. will report first quarter 2015 results on Tuesday, May 5, 2015, at 7:00 a.m. ET. The corporation will host a conference call at 8:30 a.m. ET to talk about the results.
To access the conference call in the U.S. dial 1-800-901-5213, or outside of the U.S. dial 1-617-786-2962, and use the following passcode: DISCA.
A replay of the call will be accessible starting about one hour after the completion of the call until May 19, 2015. The replay can be accessed by phone in the U.S. at 1-888-286-8010 and outside of the U.S. at 1-617-801-6888 using the following passcode: 72930158.
Discovery Communications, Inc. operates as a media corporation. The corporation operates through U.S. Networks; International Networks; and Education and Other segments. It owns and operates television networks under the brands, such as Discovery, TLC, Animal Planet, Investigation Discovery, Science, Velocity, Discovery Family, American Heroes, Destination America, Discovery Life, Oprah Winfrey network, Eurosport, DMAX, and Discovery Kids.