Stocks in the Spotlight: United States Steel Corporation (NYSE:X), Citizens Financial Group Inc (NYSE:CFG), Noble Energy, Inc. (NYSE:NBL)

On Wednesday, Shares of United States Steel Corporation (NYSE:X), added 0.66% and closed at $17.62 in the last trading session. The last trading range of the stock ranges between $17.25 and $17.96. The company’s Market capitalization is $2.73 Billion with the total Outstanding Shares of 165.61 million. United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products. This segment serves customers in the automotive, consumer and the combined industrial, service center, and mining commercial markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, in addition to heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets.

Citizens Financial Group Inc (NYSE:CFG), jumped 2.28% and closed at $25.57 in the last trading session. The last trading range of the stock ranges between $25.05 and $25.68. The company’s Market capitalization is $13.49 Billion with the total Outstanding Shares of 564.44 million.Citizens Financial Group, Inc. (NYSE: CFG or “Citizens”) recently published the results of its mid-cycle company-run 2016 stress test conducted in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

Noble Energy, Inc. (NYSE:NBL), gained 1.80% and closed at $36.20 in the last trading session. The last trading range of the stock ranges between $35.80 and $36.52. During the 52-week trading session the minimum price at which share price traded, registered at $23.77 and reached to max level of $39.85. Noble Energy, Inc. (NYSE: NBL) (“Noble Energy” or “the Company”) recently declared the execution of a gas sales and purchase agreement (GSPA) to supply natural gas from the Leviathan field to the National Electric Power Company Ltd. (NEPCO) of Jordan for consumption in power production facilities.  Under terms of the GSPA, Noble Energy and the Leviathan partners will supply a gross quantity of about 1.6 trillion cubic feet (Tcf) of natural gas from the Leviathan field, or 300 million cubic feet per day (MMcf/d) over a 15-year term.  The buyer has an option to purchase an incremental 50 MMcf/d for a total of up to 350 MMcf/d.

Natural gas supplied under this agreement will include industry-typical take-or-pay commitments, with pricing linked to Brent oil and a firm floor price.  Gross contract revenues are estimated to be about $10 billion.

This GSPA follows a formerly-declared agreement with the Jordan Bromine Company and the Arab Potash Company, which will establish first gas exports to Jordan from the Tamar field in late 2016.

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