Whiting Petroleum Corp (NYSE:WLL) said on Monday it will not release its 2015 capital spending plan until February, citing volatile oil prices. Budgets from Chevron Corp and Exxon Mobil Corp are also due out in early 2015, along with comprehensive spending surveys from industry analysts at Cowen and Barclays. Whiting Petroleum Corp. (NYSE:WLL) in last trading activity decreased -3.60% to close at $34.25. Company weekly performance is 13.41% while its quarterly performance stands at -55.53%. Whiting Petroleum Corp. (NYSE:WLL) is -63.14% away from its 52 week high.
SandRidge Energy, Inc. (NYSE: SD) today provided the following notice regarding its 6.0% Convertible Perpetual Preferred Stock (Cusip 80007P885) (the “Convertible Preferred Stock”). As of December 21, 2014, pursuant to the mandatory conversion requirement of Section 8(a) of the Certificate of Designation governing the terms of the Convertible Preferred Stock, each share of Convertible Preferred Stock automatically converted into 9.211496 shares of Common Stock of the Company. Effective as of December 21, 2014, dividends on the Convertible Preferred Stock ceased to accrue. The Company completed the sale of the Convertible Preferred Stock for an aggregate purchase price of $200 million in 2009. On last trading day SandRidge Energy, Inc. (NYSE:SD) decreased -1.94% to close at $2.02. Its volatility for the week is 11.72% while volatility for the month is 13.24%. SD’s sales growth for past 5 years was 10.90% and its EPS growth for past 5 years was 32.90%. SandRidge Energy, Inc. (NYSE:SD) monthly performance is -49.63%.
Consolidated Communications Holdings(NASDAQ:CNSL) COO C Robert Udell, Jr. unloaded 11,000 shares of Consolidated Communications Holdings stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $26.06, for a total transaction of $286,660.00. Following the completion of the transaction, the chief operating officer now directly owns 49,016 shares in the company, valued at approximately $1,277,357. On last trading day Consolidated Communications Holdings Inc. (NASDAQ:CNSL) moved up 1.15% to close at $28.07. Its volatility for the week is 2.11% while volatility for the month is 2.81%. CNSL’s sales growth for past 5 years was 7.50% and its EPS growth for past 5 years was 33.80%. Consolidated Communications Holdings Inc. (NASDAQ:CNSL) monthly performance is 4.39%.
Reynolds American Inc. and Lorillard Inc. (NYSE:LO) have announced the date of special shareholder meetings to vote on their planned $25-billion merger, according to a regulatory filing with the U.S. Securities & Exchange Commission (SEC). Lorillard, Inc. (NYSE:LO) has 0.26% insider ownership while its institutional ownership stands at 91.50%. In last trading activity company’s stock closed at $63.60.
John Chambers, CEO of Cisco Systems, Inc. (NASDAQ:CSCO) took benefit of the firm’s 30th anniversary celebration to reveal its tactic and product portfolio in yet another area: analytics. With the 15 billion devices linked to the Internet today anticipated to balloon to 500 billion, the need to make sense of the data flowing from them is rising. Cisco Systems, Inc. (NASDAQ:CSCO) in last trading activity advanced 0.18% to close at $28.30. Company weekly performance is 5.56% while its quarterly performance stands at 16.22%. Cisco Systems, Inc. (NASDAQ:CSCO) is -0.70% away from its 52 week high.