On January 26, California Resources Corp. (NYSE:CRC) announced that it has dropped plans for a major drilling project in Carson because of low oil prices. The Westwood oil giant, recently spun off from Occidental Petroleum Corp. of Houston, said in a statement that it has withdrawn its application to the city of Carson for its proposal to drill up to 200 wells in the northeast corner of the city, near California State University Dominguez Hills. On Monday shares of California Resources Corporation (NYSE:CRC) closed at $5.21.
On January 29, Eclipse Resources Corporation (NYSE:ECR) announced that it has closed the Company’s previously announced private placement of 62,500,000 shares of common stock. The shares were sold to selected institutional and accredited investors, including affiliates of EnCap Investments L.P. and entities controlled by members of the Company’s management team, at a price of $7.04 per share. Eclipse Resources Corporation (NYSE:ECR) in last trading activity advanced 7.42% to close at $6.66. Company weekly performance is 10.63% while its quarterly performance stands at -47.76%. Eclipse Resources Corporation (NYSE:ECR) is -75.50% away from its 52 week high.
On January 30, Ares Capital Corporation (NASDAQ:ARCC) announced that it has made available the tax reporting information related to the tax characterization of its 2014 distributions to stockholders on the Tax Information page in the Investor Resources section of its website at www.arescapitalcorp.com. On last trading day Ares Capital Corporation (NASDAQ:ARCC) advanced 0.24% to close at $16.69. Its volatility for the week is 1.68% while volatility for the month is 1.78%. ARCC’s sales growth for past 5 years was 29.70% and its EPS growth for past 5 years was 26.00%. Ares Capital Corporation (NASDAQ:ARCC) monthly performance is 6.92%.
On January 28, Fortinet Inc (NASDAQ:FTNT) financial results for the fourth quarter and full year ended December 31, 2014. Billings of $282.7 million, up 35% year over year; Revenues of $224.0 million, up 26% year over year; Non-GAAP diluted net income per share of $0.141. Fortinet Inc. (NASDAQ:FTNT) has 11.70% insider ownership while its institutional ownership stands at 73.30%. In last trading activity company’s stock closed at $30.03.
On January 20, Pacific Booker Minerals, Inc. (NYSEMKT:PBM) announced that the Morrison Project consulting firm, Klohn Crippen Berger (KCB), has been awarded a $1.5 million contract to help with the investigation into Imperial Metals’ Mount Polley mine tailings dam collapse. On last trading day Pacific Booker Minerals Inc. (NYSEMKT:PBM) advanced 10.74% to close at $4.95. Its volatility for the week is 12.42% while volatility for the month is 4.47%. Pacific Booker Minerals Inc. (NYSEMKT:PBM) monthly performance is 25.63%.