On Tuesday, Energy XXI Ltd (NASDAQ:EXXI)’s shares inclined 4.14% to $1.51.
Energy XXI (EXXI) declared fiscal year-end reserves.
- 2015 fiscal year-end reserves were estimated at 183.5 MMBOE
- Proved reserves are 75 percent oil
- Proved reserves pre-tax present value is $2.8 billion
- Production and divestitures account for 54 percent of reserve reductions
- Majority of revisions due to price and reduced capital spending
The company’s June 30, 2015 fiscal year-end proved reserves were estimated at 183.5 MMBOE. The present value of proved reserves total $2.8 billion. The company has proved and probable reserves totaling 265.7 MMBOE, with a present value of $4.5 billion.
Energy XXI (Bermuda) Limited is engaged in the acquisition, exploration, development, production, and operation of oil and natural gas properties onshore in Louisiana and Texas, and on the Gulf of Mexico.
Unilever plc (ADR) (NYSE:UL)’s shares gained 0.98% to $39.74.
Unilever Canada is recalling four (4) SKUs of Clear for Men Shampoo/Conditioner. These products do not meet the specification required for preservatives. The products were distributed nationwide starting in 2013 to the present through retail stores.
Consumers who have purchased any of the above products with the affected consumer unit UPC numbers and expiry dates are asked to right away discontinue use of the product, retain the bottle and call 1-877-270-7393, which is operational 24 hours a day seven days a week, to request a replacement coupon.
Unilever PLC operates in the fast-moving consumer goods market in the Americas, Europe, Asia, Australasia, Africa, the Middle East, Turkey, the Russian Federation, Ukraine, and Belarus. The company operates through Personal Care, Foods, Refreshment, and Home Care segments.
At the end of Tuesday’s trade, XPO Logistics Inc (NYSE:XPO)‘s shares surged 6.08% to $32.98.
XPO Logistics, Inc. (XPO) declared financial results for the second quarter of 2015, counting 22 days of financial performance from the operations of Norbert Dentressangle SA. Total gross revenue raised 109.3% year-over-year to $1.2 billion, and net revenue raised 317.2% to $508.6 million.
On a GAAP basis, the company stated a net loss of $78.8 million for the quarter, contrast with a net loss of $13.8 million for the same period in 2014. The net loss accessible to common shareholders was $75.1 million, or a loss of $0.89 per diluted share, contrast with a net loss accessible to common shareholders of $14.5 million, or a loss of $0.28 per diluted share, for the same period in 2014.
On an adjusted basis, the net loss accessible to common shareholders, a non-GAAP measure, was $13.6 million, or a loss of $0.16 per share for the quarter, not taking into account the items detailed below. This compares with an adjusted net loss accessible to common shareholders of $11.6 million, or a loss of $0.22 per share, for the second quarter of 2014.
XPO Logistics, Inc. provides transportation and logistics services primarily in the United States. The company operates through two segments, Transportation and Logistics. The Transportation segment provides truckload, less-than truckload and intermodal brokerage, and last-mile delivery logistics services under the brands XPO Logistics, XPO Last Mile, and Pacer; and time-critical, time-sensitive, or high preceding freight shipment services under the brand names XPO Express, XPO NLM, and XPO Air Charter.
Palo Alto Netoperates Inc (NYSE:PANW), ended its Tuesday’s trading session with 2.08% gain, and closed at $183.27.
Palo Alto Netoperates® (PANW), the next-generation security company, declared availability of the PA-7080, the newest and most powerful addition to its family of next-generation firewalls.
Large enterprises and telecommunications service providers are constant targets of cyberattacks. Cybercriminals seek to steal customer information from their data centers, disrupt services and leverage service provider net operates as vectors for attacks on businesses and consumers. As data centers and net operates grow in capacity, speed, and complexity, a security offering that delivers prevention against cyberattacks at scale is needed.
Palo Alto Netoperates addresses this challenge head-on with the Palo Alto Netoperates security platform that comprises of the Palo Alto Netoperates Next-Generation Firewall, Threat Intelligence Cloud, and Advanced Endpoint Protection. The platform eliminates the security, performance, and operational shortcomings of legacy products and siloed security architectures. It is designed to prevent successful cyberattacks while delivering scalable performance, policy automation, and orchestration.
Palo Alto Netoperates, Inc. provides enterprise security platform to enterprises, service providers, and government entities worldwide. Its platform comprises Next-Generation Firewall that delivers application, user, and content visibility and control, in addition to protection against network-based cyber threats; and Threat Intelligence Cloud that offers central intelligence capabilities, in addition to automated delivery of preventative measures against cyber attacks. DISCLAIMER:
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