On Wednesday, Pengrowth Energy Corp (USA) (NYSE:PGH)’s shares declined -2.90% to $2.68.
Pengrowth Energy Corp (USA) (PGH) declared that its June 15, 2015 cash dividend will be Cdn $0.02 per common share. The ex-dividend date is May 20, 2015. The dividend will be payable to all shareholders who hold Pengrowth shares at the close of business on the record date of May 22, 2015.
The dividend of Cdn $0.02 per common share is equivalent to about U.S. $0.017 per common share using a Canadian/U.S. dollar exchange rate of Cdn $1.00:U.S. $0.834. The actual U.S. dollar equivalent of the dividend will be based upon the actual Canadian/U.S. dollar exchange rate in effect on the payment date, net of applicable Canadian withholding taxes for U.S. residents who hold their Pengrowth shares in taxable accounts.
The above dividend has been designated as an “eligible dividend” for Canadian income tax purposes. Pengrowth’s dividends are also considered “qualified dividends” for U.S. income tax purposes.
Pengrowth Energy Corporation engages in the acquisition, development, exploration, and production of oil and natural gas assets in the Alberta, British Columbia, Saskatchewan, and Nova Scotia provinces in Canada. It primarily explores for crude oil, bitumen, natural gas, and natural gas liquids.
Hercules Offshore, Inc. (NASDAQ:HERO)’s shares dropped -2.83% to $0.675.
Hercules Offshore, Inc. (HERO) declared that it has published the May Fleet Status Report. The Report comprises the Hercules Offshore Rig Fleet Status, which contains detailed contract information for each of the Company’s drilling rigs. The Report also comprises the Hercules Offshore Liftboat Fleet Status Report, which contains information by liftboat class for April 2015, counting revenue per day and operating days. The Report can be found on the Company’s website at www.herculesoffshore.com, under the “Investor Relations” section of the website.
Hercules Offshore, Inc., together with its auxiliaries, provides shallow-water drilling and marine services to the oil and natural gas exploration and production industry worldwide. The company operates through Domestic Offshore, International Offshore, and International Liftboats segments.
At the end of Wednesday’s trade, Rex Energy Corporation (NASDAQ:REXX)‘s shares dipped -2.82% to $5.17.
Rex Energy Corporation (REXX) declared that Jack N. Aydin will join the company’s Board of Directors effective June 1, 2015.
Mr. Aydin has over 45 years of experience as a financial analyst covering the oil and gas industry. He was a senior analyst with KeyBanc Capital Markets for over 40 years, most recently serving as Senior Managing Director from 2000 until his retirement in 2014. While at KeyBanc, Mr. Aydin primarily focused his analyst coverage on the exploration and production sector, particularly on small and mid-cap E&P companies. In addition, he managed the KeyBanc Sales and Trading office for 10 years and served as interim Director of Research in 2003. Mr. Aydin began his career in 1968 with Filor, Bullard and Smythe, where he served as both an equity research analyst and Director of Research. Over the course of his career, Mr. Aydin has been recognized numerous times by leading financial publications for his excellence in stock selection and earnings estimations. He presently serves as a director of Synergy Resources Corporation, and is a member of the National Association of Petroleum Investment Analysts, the Oil Analysts Group of New York, and the New York Society of Security Analysts. He holds an MBA degree in finance and economics, in addition to a Bachelor of Science degree from Farleigh Dickinson University in New Jersey, and a Bachelor of Science degree in Philosophy from St. Ephraim Seminary in Mosul, Iraq.
Rex Energy Corporation operates as an independent oil, natural gas liquid, and natural gas company in the Appalachian and Illinois basins in the United States. The company focuses on the Marcellus Shale, Utica Shale, and Burkett Shale drilling and exploration activities in the Appalachian Basin, in addition to on developmental oil drilling and the implementation of improved oil recovery on its properties in the Illinois Basins.
Ruckus Wireless Inc (NYSE:RKUS), ended its Wednesday’s trading session with -2.74% loss, and closed at $10.31.
Ruckus Wireless Inc (RKUS) declared the availability of CloudManager for Xclaim, a 100 percent subscription-free cloud service to manage its Xclaim™ family of disruptively priced, cloud-ready, controller-free indoor and outdoor business-class WiFi access points (APs).
The Xclaim product line is a new line of entry-level enterprise WiFi products from Ruckus Wireless, aimed squarely at businesses requiring a cost-effective, industrial-strength solution that bridges the gap between poor performing and featureless consumer-grade products and more costly and sophisticated enterprise class solutions that often require dedicated in-house IT expertise.
CloudManager for Xclaim utilizes the power of the Amazon cloud to provide a global administration service for Xclaim access points, delivering multiple business features and benefits counting:
Remote Administration – CloudManager can be accessed over any wired, WiFi or cellular Internet connection. From the office, at home, or on the road, secure access to full administration of an Xclaim access point deployment is just a click away.
Multi-Site – Administration of one or more locations is possible from a single login to the CloudManager service, regardless of whether a business owner has a single location with one or more Xclaim access points, or multiple locations with one or more access points at each location. CloudManager brings them all together on a single screen.
Ruckus Wireless, Inc. provides carrier-class Wi-Fi solutions to service providers and enterprises worldwide. It provides gateways, controllers, and access points with related software and services.
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