On Thursday, Tsakos Energy Navigation Ltd (NYSE:TNP)’s shares declined -1.86% to $8.99.
Yesterday, Tsakos Energy Navigation Ltd. declared that its Board of Directors declared regular quarterly cash dividends of $0.50 per share for its 8.00% Series B Cumulative Redeemable Perpetual Preferred Shares (the “Series B Preferred Shares”) (NYSE: TNPPRB) and $0.5547 per share for its 8.875% Series C Cumulative Redeemable Perpetual Preferred Shares (the “Series C Preferred Shares”) (NYSE: TNPPRC).
Each dividend is for the period from the most recent dividend payment date on January 30, 2015 through April 29, 2015.
The dividend on the Series B Preferred Shares will be paid on April 30, 2015 to all holders of record of Series B Preferred Shares as of April 29, 2015. The dividend on the Series C Preferred Shares will be paid on April 30, 2015 to all holders of record of Series C Preferred Shares as of April 27, 2015. Dividends on the Series B and C Preferred Shares will be payable quarterly in arrears on the 30th day of January, April, July and October of each year, when, as and if declared by TEN’s board of directors. This is the eighth dividend on the Series B and the sixth dividend on the Series C.
Tsakos Energy Navigation Limited is a provider of international seaborne petroleum product and crude oil transportation services. It operates a fleet of about 45 petroleum product tankers and crude oil carriers that provide marine transportation services for national, major and other independent oil companies and refiners across the world under long, medium and short-term charters. Its fleet also comprises one 2007-built Liquefied Natural Gas (LNG) carrier and two 2013-built DP2 shuttle suezmax tankers.
Arch Coal Inc (NYSE:ACI)’s shares dropped -1.85% to $1.06, during the last trading session on Thursday.
On April 9, Arch Coal Inc. will talk about its first quarter 2015 financial results in a conference call that will be webcast live on Tuesday, April 21 at 10:00 a.m. Eastern time. Participating on the call will be Arch President and Chief Executive Officer John W. Eaves, Executive Vice President and Chief Operating Officer Paul A. Lang and Senior Vice President and Chief Financial Officer John T. Drexler.
Arch Coal, Inc. produces and sells thermal and metallurgical coal from surface and underground mines located in the United States. As of December 31, 2014, it operated or contracted out the operation of 16 mines; and owned or controlled about 5.1 billion tons of proven and probable recoverable reserves.
At the end of Thursday’s trade, IAMGOLD Corp (USA) (NYSE:IAG)‘s shares dipped -1.85% to $2.12.
On April 13, IAMGOLD Corp, will release its first quarter 2015 financial results after market hours on Tuesday, May 5 th, 2015.
CONFERENCE CALL
A conference call will be held on Wednesday, May 6th at 8:30 a.m. (Eastern Daylight Time) for a talk about with administration regarding the Company’s operating performance and financial results for the first quarter of 2015.
IAMGOLD Corporation primarily engages in the exploration, development, and operation of gold mining properties. It also explores for silver and copper deposits. The company holds interests in four operating gold mines, in addition to exploration and development projects located in Africa, South America, and Canada. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada.
Canadian Natural Resource Ltd (USA) (NYSE:CNQ), ended its Thursday’s trading session with -1.84% loss, and closed at $33.52.
On April 7, Canadian Natural Resource Ltd. declared that Toronto Stock Exchange has accepted notice filed by Canadian Natural of its intention to make a Normal Course Issuer Bid through the facilities of Toronto Stock Exchange. Purchases may also be made through the facilities of the New York Stock Exchange.
The notice provides that Canadian Natural may, during the 12 month period commencing April 9, 2015 and ending April 8, 2016, purchase for cancellation on Toronto Stock Exchange, alternative Canadian trading platforms, and the New York Stock Exchange up to 54,640,607 shares, being 5% of the 1,092,812,154 outstanding common shares as at March 31, 2015. Canadian Natural will not attain more than 25% of the average daily trading volume of its common shares during a trading day, being 905,367 common shares subject to certain prescribed exceptions. The price which Canadian Natural will pay for any such shares will be the market price at the time of acquisition. The actual number of common shares that may be purchased and the timing of any such purchases will be determined by Canadian Natural.
Canadian Natural is a senior oil and natural gas production company, with ongoing operations in its core areas located in Western Canada, the U.K. portion of the North Sea and Offshore Africa.
Canadian Natural Resources Limited attains, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen, and synthetic crude oil (SCO).
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
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.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
