News Buzz: SM Energy Co (NYSE:SM), Globalstar, Inc. (NYSEMKT:GSAT)

On Tuesday, Shares of SM Energy Co (NYSE:SM), subtract -2.44% and shut at $35.91 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $34.84 and $37.31. SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America. It mainly has operations in the South Texas and Gulf Coast region, which focuses mainly on Eagle Ford shale program; Rocky Mountain region comprising the Bakken and Three Forks formations in the North Dakota; and Permian region covering western Texas and southeastern New Mexico.

Shares of Globalstar, Inc. (NYSEMKT:GSAT), added 0.84% and shut at $0.839 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $0.81 and $0.85. The association’s commercial center capitalization is $899.21 million with the general uncommon loads of 947.67 million. Globalstar, Inc. provides mobile voice and data communications services through satellite worldwide. The company offers duplex two-way voice and data products, counting mobile voice and data satellite communications services and equipment for remote business continuity, recreational, emergency response, and other applications; fixed voice and data satellite communications services and equipment in rural villages, ships, industrial and commercial sites, and residential sites; and satellite data modem services comprising asynchronous and packet data services. It also provides SPOT products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; SPOT Global phone; and SPOT Trace, an anti-theft and asset tracking device. In addition, the company offers commercial Simplex one-way transmission products to track cargo containers and rail cars, to monitor utility meters, to monitor oil and gas assets, and other applications. Further, it provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. The company mainly serves recreation and personal; government; public safety and disaster relief; oil and gas; maritime and fishing; natural resources, mining, and forestry; construction; utilities; and transportation markets. Globalstar, Inc. distributes its products directly, in addition to through independent agents, dealers and resellers, independent gateway operators, and its sales force and e-commerce Website. As of December 31, 2015, it served about 688,000 subscribers.

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