Atlas Resource Partners, L.P. (NYSE:ARP), TCF Financial Corporation (NYSE:TCB), United States Steel Corporation (NYSE:X)

Atlas Resource Partners

28TH OF July, Tuesday was one of the best days for Atlas Resource Partners, L.P at the market. The company saw a massive gain of 7.25% in its last trading session which made the trading of its shares to be done at a price of $4.14.


This could be due to that recently the company had released a statement which states that the syndicated lending group of the company has confirmed and is endorsing $750 million on ARP’s senior secured revolving credit facility.

The company specializes is known to own an interest in over 14,500 producing natural gas and oil wells. It holds the title of being one of the largest sponsor of gas and oil sponsorship in the United States of America. It doesn’t come under the government but works independently as a producer and developer of gas, natural gas liquids, and crude oil in the United States of America. The company operates mainly via three segments, Other Partnership Administration, Oil and Gas Production and construction and completions of wells.

Next up is TCF Financial Corporation who also saw a modest gain of 0.18% and closed the market with trading off its shares at a price of $16.34.

The gain could be result of the recent announcement by the company that a dividend of $0.05 per common share is going to be paid in cash to the stockholders. This amount is going to be paid by the company on 14th of August after the closing of business. About 169, 1 million common shares outstanding were listed on the New York Stock Exchange on 30th of June.

The company also made announcements regarding the preferred shares as well. 7.50% and 6.45% SeriesA and B of Non-Cumulative Perpetual Preferred Stock respectively were declared.

TCF financial corporation in a holding bank which is Minnesota based. Throughout the United States of America, it deals in leasing out equipment finance business and commercial leasing as well. Apart from the United States of America, it also works in Canada as well.

Finally, United States Steel Corporation also saw a major gain of 5.60% the stock exchange that caused the shares to be traded and sold off at a price of $17.74.

Recently the company announced that a dividend of 5 cents will be paid to its stock holders on US steel common stock on the 12th of August.

Right now the company has a record of 24.4 million net tons of steel production. The company is the pioneer in the steel industry in the United States of America. It has headquarters in Pittsburgh and prides itself to be a Fortune 200 company, Not only does the company have its operations in the United States of America, but also operates in Central Europe and Canada as well. Last year, the company was awarded with being the 15th largest steel producer in the world.


About the Author

Tanya Jones
Tanya is a senior reporter for JBH News Sports & Tech section. She graduated from York College, City University of New York in 2012.