On Friday, Shares of Exxon Mobil Corporation (NYSE:XOM), lost -0.79% to $86.52.
ExxonMobil declared a noteworthy oil discovery on the Stabroek Block, located about 120 miles offshore Guyana.
The well was drilled by ExxonMobil associate, Esso Exploration and Production Guyana Ltd., and encountered more than 295 feet (90 meters) of high-quality oil-bearing sandstone reservoirs. It was safely drilled to 17,825 feet (5,433 meters) in 5,719 feet (1,743 meters) of water. Stabroek Block is 6.6 million acres (26,800 square kilometers).
The well was spud on March 5, 2015. The well data will be analyzed in the coming months to better determine the full resource potential.
Esso Exploration and Production Guyana Ltd. holds 45 percent interest. Hess Guyana Exploration Limited holds 30 percent interest and CNOOC Nexen Petroleum Guyana Limited holds 25 percent interest.
Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. It also manufactures and markets commodity petrochemicals, counting olefins, aromatics, polyethylene and polypropylene plastics, and specialty products; and transports and sells crude oil, natural gas, and petroleum products.
Shares of Amedica Corporation (NASDAQ:AMDA), inclined 11.51% to $0.28, during its last trading session.
Amedica Corporation (AMDA), declared its predictable participation in the following investor conference:
2015 LD MICRO Invitational Conference on Wednesday, June 3, 2015, at 10:00 AM Pacific Time, Los Angeles, CA. Dr. Sonny Bal, Chairman and CEO, will conduct a formal presentation and take part in one-on-one meetings.
This event will be accessible via webcast at the specified start time on the Investor Relations section of the Amedica website, investors.amedica.com. The replay will also be accessible on the website for 90 days following the conference.
Amedica Corporation, a commercial-stage biomaterial company, develops, manufactures, and sells a range of medical devices based on its silicon nitride technology platform in the United States, Europe, and South America.
At the end of Friday’s trade, Shares of Shake Shack Inc (NYSE:SHAK), gained 3.33% to $92.86.
Shake Shack, stated financial results for the first quarter ended April 1, 2015, a period that comprised of 13 weeks.
Financial Highlights for the First Quarter 2015:
- Total revenue raised 56.3% to $37.8 million.
- Shack sales raised 59.2% to $36.0 million.
- Same-Shack sales raised 11.7%.
- Shack-level operating profit, a non-GAAP measure, raised 78.3% to $9.3 million.
- Adjusted EBITDA, a non-GAAP measure, raised 94.0% to $7.0 million.
- Net loss was $(12.7) million, or $(1.06) per diluted share, which comprised of $13.2 million of after-tax expenses associated with the Company’s initial public offering.
Shake Shack Inc. owns, operates, and licenses Shake Shack restaurants (Shacks) in the United States, the District of Columbia, North America, Europe, and Asia. Shacks offers hamburgers, hot dogs, crinkle-cut fries, shakes, frozen custard, beer, and wine.
Finally, PG&E Corporation (NYSE:PCG), ended its last trade with -0.83% lost, and closed at $52.71.
CAL FIRE and Pacific Gas and Electric Company (PG&E) want Californians to have a memorable and safe Memorial Day weekend. The state and the utility are partnering to encourage boaters and campers to use caution over the holiday – and all summer long – when towing recreational equipment and burning campfires. According to CAL FIRE, more than 90 percent of all wildfires in California are sparked by people.
The warning is critically important to preventing wildfires during the state’s ongoing drought. Since the starting of this year, CAL FIRE already has responded to more than 1,400 wildfires scorching more than 6,000 acres. That’s nearly twice as many than in an average year. Last year, CAL FIRE responded to 5,600 fires which burned 90,000 acres.
PG&E Corporation, through its partner, Pacific Gas and Electric Company, transmits, delivers, and sells electricity and natural gas to residential, commercial, industrial, and agricultural customers primarily in northern and central California.
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