Insights about U.S. Stocks that landed in the Green-Zone during Wednesday’s trade, are depicted underneath:
Basic Energy Services, Inc (NYSE:BAS)’s shares picked up 5.10%, and closed at $8.04.
Formerly On February 19, Basic Energy Services, Inc. (BAS), declared its financial and operating results for the fourth quarter and twelve months ended December 31, 2014.
FOURTH QUARTER 2014 HIGHLIGHTS:
Fourth quarter 2014 proceed raised 2% to $400.9 million from $394.0 million in the third quarter of 2014. Fourth quarter 2014 proceed raised 31% from the adjusted proceed of $304.9 million generated in the fourth quarter of 2013, driven by a 65% raise in proceeds from the completion and remedial services segment. All metrics for 2013 and for the first quarter of 2014 were adjusted for the divestiture of Basic’s barge rig operations in March 2014 for comparability purposes.
For the fourth quarter of 2014, Basic stated a net loss of $18.8 million, or $0.45 per basic and diluted share. The fourth quarter of 2014 comprises a tax-effected, non-cash charge of $23.5 million ($34.7 million before tax), or $0.56 per basic and diluted share, for impairment of all the goodwill associated with the well servicing and fluid services segments. Not including the special item, Basic stated net revenue of $4.7 million, or $0.11 per basic and diluted share. This compares to a net revenue of $9.9 million, or $0.24 per basic and diluted share, stated in the third quarter of 2014. In the fourth quarter of 2013, Basic stated a net loss of $7.1 million, or $0.18 per basic and diluted share.
“In order to offset as much of the pricing concessions we have given to customers, we have worked proactively to control personnel costs as well. Our headcount has declined by about ten percent since its peak in November 2014. Wages and benefits across our organization have been adjusted as well.
Basic Energy Services provides well site services essential to maintaining production from the oil and gas wells within its operating area. The corporation employs more than 5,400 employees in more than 100 service points throughout the major oil and gas producing regions in Texas, Louisiana, Oklahoma, New Mexico, Arkansas, Kansas, and the Rocky Mountain and Appalachian regions.
Vivint Solar Inc (NYSE:VSLR), raised 4.79%, and closed at $8.53.
Vivint Solar, Inc. (VSLR), declared financial results for the fourth quarter and year ended December 31, 2014.
Fourth Quarter 2014 Operating Highlights:
- Key operating and development highlights for the quarter ended December 31, 2014 comprise:
- MW Booked of about 52 MWs for the quarter, up about 150% year-over-year.
- MW Installed of about 50 MWs, up 191% year-over-year. Total cumulative MWs installed were about 228 MWs as of December 31, 2014.
- Installations were 6,864 for the quarter, up 135% year-over-year. Cumulative installations were 35,720 as of December 31, 2014.
- Estimated Nominal Contracted Payments Remaining raised by about $188 million during the quarter and was about $1,031 million at December 31, 2014, up 161% year-over-year.
- Estimated Retained Value raised by about $82 million during the quarter to about $481 million at December 31, 2014, up 153% contrast to the fourth quarter of 2013.
- Estimated Retained Value per Watt was $2.11 as of December 31, 2014.
Vivint Solar is a leading provider of distributed solar energy systems – electricity generated by a solar energy system installed at a customer’s location – to residential customers in the United States. Vivint Solar’s customers pay little to no money upfront, receive noteworthy savings relative to utility generated electricity rates and continue to benefit from guaranteed energy prices over the 20-year term of their contracts.
NOW Inc (NYSE:DNOW), enhanced 4.73%, and closed at $23.26.
Formerly on February 23, NOW Inc. (DNOW), stated that for its fourth quarter ended December 31, 2014 it earned net revenue of $16 million, or $0.14 per fully diluted share. Proceed stated for the full year 2014 was $4,105 million, and net revenue was $116 million, or $1.06 per fully diluted share. Proceed for the fourth quarter reduced 6.0 percent sequentially to $1,006 million. Earnings before interest, taxes, depreciation and amortization (“EBITDA”) for the fourth quarter of 2014 was $31 million or 3.1% of sales.
United States:
Fourth quarter proceed for the United States was $679 million, a decrease of 9.2 percent from the third quarter of 2014 and an raise of 0.4 percent from the fourth quarter of 2013. The sequential proceed decrease resulted from normal seasonal decline paired with negative customer outlook as oil prices dropped sharply in the period.
Canada:
Fourth quarter proceed for Canada was $180 million, an raise of 4.0 percent from the third quarter of 2014 and a decrease of 7.7 percent from the fourth quarter of 2013. The raise in sequential proceed was driven by the seasonal uptick in the market in addition to further realization of benefits related to the ERP consolidation.
International:
Fourth quarter proceed for the International segment was $147 million, a decrease of 1.3 percent from the third quarter of 2014 and a decrease of 13.5 percent from the fourth quarter of 2013. Sequential proceed grew strongly in the Middle East, but was offset by reduced export shipments as drilling contractors eased spending in the quarter.
NOW Inc. is one of the largest distributors to energy and industrial markets on a worldwide basis, with a legacy of over 150 years. NOW Inc. operates primarily under the DistributionNOW and Wilson Export brands.
Advaxis, Inc (NASDAQ:ADXS), enhanced 4.64%, and closed at $10.59.
Advaxis, Inc. (ADXS), is a clinical-stage biotechnology corporation developing multiple cancer immunotherapies based on its proprietary Lm-LLO platform technology. The Lm-LLO technology, using bioengineered live attenuated Listeria monocytogenes bacteria, is the only known cancer immunotherapy agent shown in preclinical studies to both generate cancer fighting T-cells directed against a cancer antigen and neutralize Tregs and myeloid-derived suppressor cells (MDSCs), that protect the tumor microenvironment from immunologic attack and contribute to tumor growth.




