On Wednesday, Following Stocks were among the “Top 50 Gainers” of U.S. Stock Market: Paragon Offshore PLC (NYSE:PGN), Enerplus Corp (USA) (NYSE:ERF), Nabors Industries Ltd (NYSE:NBR), North American Palladium Ltd (USA) (NYSEMKT:PAL)

Paragon Offshore PLC (NYSE:PGN), with shares inclined 16.10%, closed at $1.37.

Enerplus Corp (USA) (NYSE:ERF), with shares jumped 6.45%, settled at $10.07.

Nabors Industries Ltd (NYSE:NBR) , with shares climbed 6.33%, and closed at $12.94.

North American Palladium Ltd (USA) (NYSEMKT:PAL), surged 14.30%, and closed at $0.219.

Latest NEWS regarding these Stocks are depicted underneath:

Paragon Offshore plc (NYSE:PGN)

On Wednesday, Paragon Offshore plc (PGN), declared that Randall D. Stilley, President and Chief Executive Officer of Paragon, will host planned one-on-one meetings at the Scotia Howard Weil 43rd Annual Energy Conference in New Orleans, Louisiana starting at 2:25 p.m. U.S. Central Daylight Time on Monday, March 23, 2015.

Paragon Offshore plc, together with its auxiliaries, provides offshore drilling rigs. The corporation is involved in contracting its rigs, related equipment, and work crews to conduct oil and gas drilling and workover operations for its exploration and production customers on a day rate basis. Its drilling fleet comprises of 34 jackups and 6 floaters, counting 4 drillships and 2 semisubmersibles.

Enerplus Corporation (NYSE:ERF)

Formerly on February 20, Enerplus Corporation (ERF), declared their results for the fourth quarter of 2014 in addition to full year 2014 operating, financial and reserves results.

4th Quarter 2014 Highlights:

• Despite the fall in commodity prices, funds flow was essentially unchanged quarter over quarter at $213 million due to higher production volumes and the strength of the company’s hedging program.
• Production continued to grow during the fourth quarter averaging about 105,600 BOE per day, up modestly from the previous quarter despite the sale of non-core production accomplished on September 30, 2014. Contrast to the same period in 2013, fourth quarter production was up 12%.
• The company continued to see strong performance from our Bakken/Three Forks properties in North Dakota with average production increasing by 2,900 BOE per day from the previous quarter. Crude oil and natural gas liquids accounted for 44% of fourth quarter volumes.
• Natural gas production from the Marcellus raised 5% from the previous quarter, despite an average of 6,000 – 7,000 BOE per day of production voluntarily curtailed to preserve value in this low natural gas price environment. Overall, corporate natural gas production declined slightly quarter over quarter primarily as a result of non-core Canadian natural gas asset sales.
• Cash operating costs raised marginally from the third quarter to $10.75 per BOE due to continued production curtailments on our lower operating cost Marcellus properties. General and administrative expenses also raised quarter over quarter to $2.62 per BOE as a result of severance costs incurred in the quarter.
• The company invested $181 million in capital projects during the quarter, down from $208 million in the previous quarter, primarily as a result of a slowdown in activity in the Marcellus. Over three quarters of the spending was directed to oil projects with a total of 25 net wells drilled and 18 net wells brought on-stream.
• The company adjusted payout ratio reduced to 113% contrast to 122% in the previous quarter, driven by lower capital spending in the fourth quarter.

Enerplus Corporation, together with auxiliaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada. The corporation primarily has interests in about 162,000 net acres of lands comprising about 77,000 net acres targeting the Stacked Mannville zones and 85,000 net acres targeting the Duvernay formation in the Deep Basin region, Canada.

Nabors Industries Ltd. (NYSE:NBR)

In the start of the month of March, Nabors Industries Ltd. (NBR), stated fourth quarter proceeds and earnings from unmerged associates of $1.78 billion , contrast to $1.81 billion in the third quarter of 2014 and $1.61 billion in the same quarter of the preceding year. Not including a third quarter early termination payment of $30 million , fourth quarter proceed was essentially unchanged sequentially and raised by 11% year-over-year. For the quarter, the combined drilling segments improved by 2%, with U.S., Canada and International drilling operations all growing as contrast to the third quarter. These raises were offset by a 2% reduction in the Completion & Production Services business. Proceeds and earnings from unmerged associates for the full year 2014 was $6.80 billion contrast to $6.15 billion in 2013, a 10% raise.

Revenue from ongoing operations, net of taxes stated for the fourth quarter was a loss of $886.4 million or ($3.06) per diluted share, inclusive of $982.7 million in after-tax charges or $3.39 per share for asset impairments and transaction costs. For the full year 2014, revenue from ongoing operations, net of tax was a loss of $669.3 million or ($2.28) per diluted share. Corresponding 2013 full-year results were $158.3 million or $0.51 per diluted share. Adjusting for impairments and other charges, revenue from ongoing operations, net of taxes for the fourth quarter was $96.3 million or $0.33 per fully diluted share. This compares to adjusted net revenue from ongoing operations, net of taxes of $116.7 million or $0.39 per share in the third quarter and $128.5 million or $0.42 per share in the same quarter of last year. The third quarter of 2014 comprised of the $30.0 million pre-tax influence for an early termination payment.

Fourth quarter adjusted revenue derived from operating activities was $152.1 million , bringing the total for 2014 to $598.0 million . This compares to $159.6 million for the corresponding quarter of 2013 and $558.2 million for all of 2013. Adjusted EBITDA was $445.7 million for the fourth quarter contrast to $437.2 million in the same quarter last year and $490.0 million in the third quarter of 2014. Full-year adjusted EBITDA for the year was $1.74 billion , which compares favorably to $1.64 billion in 2013.

The Nabors companies own and operate about 466 land drilling rigs throughout the world and about 543 land workover and well servicing rigs in North America . Nabors’ actively marketed offshore fleet comprises of seven jackups and 36 platform rigs in the United States and multiple international markets. In addition, Nabors is one of the largest providers of hydraulic fracturing, cementing, nitrogen and acid pressure pumping services with about 800,000 hydraulic horsepower presently in service. Nabors also manufactures top drives and drilling instrumentation systems. Nabors take parts in most of the noteworthy oil and gas markets in the world.

North American Palladium Ltd. (NYSEMKT:PAL)

Formerly on February 26, North American Palladium Ltd. (PAL), declared the positive results of the Technical Report for the Lac des Iles Mine, Ontario, Incorporating a Preliminary Economic Assessment of the Mine Expansion Plan.

On February 25, the company provide an update on its mineral reserve and resource estimates for its Lac des Iles mine property (the “Property”) in northwestern Ontario.

• Total reserves of 20.4 million tonnes at a grade of 2.1 grams per tonne (“g/t”) and total resources of 71.5 million tonnes at a grade of 2.0 g/t, representing a combined 5.9 million ounces of contained palladium.
• Noteworthy raise in underground measured and indicated resource of 3.9 million tonnes at a grade of 2.67 g/t palladium (413,000 ounces of contained palladium). An raise of 16%.
• Raise in near surface reserve of 6.3 million tonnes at a grade of 1.0 g/t palladium (197,000 ounces of contained palladium). An raise of 101%.
• Raise in near surface resource of 9.8 million tonnes at a grade of 1.28 g/t palladium (274,000 ounces of contained palladium). An raise of 23%.

NAP is an established precious metals producer that has been operating its Lac des Iles mine (“LDI”) located in Ontario, Canada since 1993. LDI is one of only two primary producers of palladium in the world, offering investors exposure to palladium. The Corporation’s shares trade on the NYSE MKT under the symbol PAL and on the TSX under the symbol PDL.

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