In the last trading session, the stock price of Oasis Petroleum Inc. (NYSE:OAS) jumped more than 9% to close the day at $8.16. Earlier in August, the company reported that for the quarter closed June 30, 2017, it completed and placed on production 10.8 net operated wells, based in...
Prospect Capital Corporation (NASDAQ:PSEC) is poised to record an improvement in its earnings per share by 6.79% in the next 12 months. The company currently has an EPS of $0.83, a growth rate that puts investors in optimistic moods with an impending EPS of around $0.89. A positive growth...
Southwestern Energy Company (NYSE:SWN) reported the completion of its previously stated public offering of $1.15 billion total principal amount of senior notes, comprising of $650 million total principal amount of 7.5% senior notes payable 2026 and $500 million total principal amount of its 7.75% senior notes payable 2027 with...
During the earnings conference of Q2 2017 financial results, Jack Bergeron, the SVP of Operations with Southwestern Energy Company (NYSE:SWN), released an operational update. He reported that in Q2 2017, the company invested around $318 million in its E&P business and posted total net production of 222 Bcf, a...
Fifth Street Asset Management Inc (NASDAQ:FSAM) has finalized a definitive asset purchase deal with Oaktree Capital Management, L.P., an associate of Oaktree Capital Group, LLC, under which Oaktree will turn the new investment consultant to 2 Business Development Companies: Fifth Street Finance Corp. and Fifth Street Senior Floating Rate...
Petroleo Brasileiro SA Petrobras (ADR) (NYSE:PBR) reported that the company’s total natural gas and oil output in July came at 2.74 million boed, of which 114,000 boed produced abroad and 2.63 million boed in Brazil. The average oil output in the nation came at 2.12 million bpd, 3% less than...
T-Mobile US Inc (NASDAQ:TMUS) has announced that Verizon and AT&T decisions to expand their unlimited data offerings may suppress their network speeds. During the recent Investor Conference, the company’s executive said the move is killing their data plans for its existing and potential customers. This year, T-Mobile’s attained an average...
Analysts at Credit Suisse have upgrades Ambev SA (ADR)(NYSE:ABEV) shares to “Outperform” from previous assigned rating of “Neutral.” On Tuesday, the shares surged more than 3% to close the day at $6.68. The gains came at a share volume of 32.74 million compared to average share volume of 14.39...
AT&T Inc. (NYSE:T) will run its DirecTV satellite television and wireless businesses independently from Time Warner Inc's media assets after its acquisition of the entertainment group. Acquiring Time Warner allows AT&T control of CNN and HBO, film studio Warner Bros and other desired media assets. The company’s post-merger plans...
The data speed at which the Verizon Communications Inc. (NYSE:VZ) consumers can stream their videos on Netflix, Inc (NASDAQ:NFLX) seems to have been capped in some circumstances. A number of users have increasingly reported poor network speeds when downloading Netflix videos. However, Netflix spokesperson has denied the claims saying...