On Thursday, Shares of Oasis Petroleum Inc. (NYSE:OAS), lost -4.83% to $11.04.
Oasis Petroleum declared financial results for the quarter ended June 30, 2015 and offered an operational update.
Total revenues for the second quarter of 2015 raised by 28% contrast to the first quarter of 2015, primarily due to higher oil prices in the second quarter of 2015. In the second quarter of 2015, as NYMEX West Texas Intermediate crude oil index prices (“WTI”) improved, the Company’s price differentials returned to about 10% as a percentage of WTI and continued to decrease in terms of the dollar per barrel discount to WTI to an average of $5.90 per barrel of oil contrast to $7.85 per barrel of oil during the first quarter of 2015. The Company anticipates its price differential to WTI to range between $5.50 and $6.50 per Boe in the third quarter of 2015.
Well services revenues raised $6.5 million to $9.2 million for the second quarter of 2015 as contrast to first quarter of 2015 primarily due to an enhance in well completion activity as a result of concluding over 50% more stages in the second quarter of 2015. Midstream revenues were $6.7 million for the three months ended June 30, 2015, which was a $2.9 million sequential quarter enhance, primarily due to raised fresh water sales and raised water volumes flowing through OMS salt water disposal systems.
Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin.
Shares of Newmont Mining Corporation (NYSE:NEM), declined -3.58% to $17.49, during its last trading session.
BMO Capital Markets assumed coverage on shares of Newmont Mining Corp (NYSE:NEM) in a note issued to investors on Thursday, TheFlyOnTheWall.com reports. The brokerage set an “outperform” rating on the mining company’s stock.
The company declared a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 10th will be issued a dividend of $0.025 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $0.10 annualized dividend and a yield of 0.55%.
Newmont Mining Corporation operates in the mining industry. It primarily acquires, develops, explores for, and produces gold, copper, and silver deposits. The companys operations and/or assets are located in the United States, Australia, Peru, Indonesia, Ghana, and New Zealand.
Finally, McDonald’s Corp. (NYSE:MCD), ended its last trade with 1.11% gain, and closed at $99.37.
McDonald’s Corporation has apologized for an incident in which workers in one of the U.S. burger chain’s French franchises appeared to be threatened with the sack for feeding homeless people, according to Reuters.
A statement from McDonald’s France said the notice was put up after a “serious incident” involving two homeless people in front of the restaurant in question, and that it was aimed at keeping the premises safe for its customers. Reuters Reports
McDonald’s Corporation operates and franchises McDonald’s restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. The company’s restaurants offer various food products, soft drinks, coffee, and other beverages.
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