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Thursday 9 April 2015
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Slumping Stocks To Watch List: Chesapeake Energy Corporation (NYSE:CHK), ONEOK (NYSE:OKE), California Resources (NYSE:CRC), Sprint (NYSE:S)

On Wednesday, Chesapeake Energy Corporation (NYSE:CHK)’s shares dwindled -1.63%, and closed at $15.10, after Chesapeake Energy Corporation (CHK), declared recently that Kimberly K. Querrey has been designated to the Board of Directors effective right away. Querrey will serve as a member of the Audit Committee and will stand for re-election at the 2015 annual meeting of shareholders on May 22.

“It is an honor to join the Board of one of the nation’s leading energy producers, especially during a time of such great opportunity for the corporation,” said Querrey. “I look forward to working with the Board and administration team to deliver value for our shareholders and stakeholders.”

Chesapeake Energy Corporation engages in the attainment, exploration, and development of properties for the production of oil, natural gas and natural gas liquids (NGL) from underground reservoirs in the United States. It holds interests in natural gas resource plays, counting the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin of West Virginia and Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas.

ONEOK Inc. (NYSE:OKE)’s shares dropped -1.61%, and settled at $47.67, during the last trading session on Wednesday, as ONE Gas, Inc. (OGS), will release its first-quarter 2015 earnings after the market closes on Wed., April 29, 2015. The ONE Gas executive administration team will take part in a conference call the following day, Thurs., April 30, 2015, at 11 a.m. Eastern Daylight Time (10 a.m. Central Daylight Time).

ONE Gas, Inc. (OGS) is a natural gas distribution corporation and the successor to the corporation founded in 1906 as Oklahoma Natural Gas Corporation, which became ONEOK, Inc. (OKE) in 1980. On January 31, 2014, ONE Gas officially separated from ONEOK into a stand-alone, 100 percent regulated, publicly traded natural gas utility.

ONE Gas trades on the New York Stock Exchange under the symbol “OGS,” and is comprised of in the S&P MidCap 400 Index.

ONE Gas provides natural gas distribution services to more than 2 million customers in Oklahoma, Kansas and Texas. ONE Gas is one of the largest publicly traded, 100 percent regulated, natural gas utilities in the United States.

ONEOK, Inc. engages in the gathering, processing, storage, and transportation of natural gas in the United States. It operates in Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines segments.

At the end of Wednesday’s trade, California Resources Corp (NYSE:CRC)’s shares dipped -1.61%, and closed at $7.95, as California Resources Corp (CRC), will host its first quarter financial results conference call on Thursday, April 30th at 5:00 pm Eastern Daylight Time. The Corporation’s earnings will be released following the market close on the same date.

California Resources Corporation operates as an oil and natural gas exploration and production corporation in the State of California. It produces oil, natural gas, and natural gas liquids. The corporation holds interests in about 2.4 million net acres. It also gathers, processes, and markets oil and gas products, in addition to produces and sells power. The corporation is headquartered in Los Angeles, California.

Sprint Corp (NYSE:S), ended its Wednesday’s trading session with -1.60% loss, and closed at $4.91, after recently Starting, iPhone customers on a Sprint service plan can initiate high-quality calls over Wi-Fi using their own phone number1 through a software update coming over the next week. This new capability will allow Sprint to dramatically expand coverage and connectivity options for customers through a simple and easy Wi-Fi Calling experience for iPhone 6, iPhone 6 Plus, iPhone 5c and iPhone 5s.

“Wi-Fi Calling is like a major expansion of our network, allowing Sprint customers to get coverage anywhere they have Wi-Fi connectivity,” said David Owens, senior vice president of product development for Sprint. “Traditional wireless technology has some limitations in places like basements and high-rise office buildings. Wi-Fi expands our customer’s connectivity in a big way. The addition of Wi-Fi Calling for iPhone customers is just one more example of how Sprint is getting better every day.”

There are millions of Wi-Fi hot spots in the U.S. recently. Wi-Fi is virtually everywhere – coffee shops, bookstores, airports, restaurants, hair salons, sporting venues and schools. Best of all, communications over a Wi-Fi network doesn’t count against minute or data limits on rate plans – it’s FREE.

Sprint Corporation provides wireless and wireline communications services to consumers, businesses, and government users in the United States, Puerto Rico, and the U.S. Virgin Islands. It operates in two segments, Wireless and Wireline. The Wireless segment offers wireless data communication services, counting mobile productivity applications, such as Internet access, messaging, and email services; wireless photo and video offerings; location-based capabilities comprising asset and fleet administration, dispatch services, and navigation tools; mobile entertainment applications; and local and long distance wireless voice services, in addition to voicemail, call waiting, three-way calling, caller identification, directory assistance, and call forwarding services.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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