On Monday, Shares of Suncor Energy Inc. (USA)(NYSE:SU), subtract -0.36% and closed at $27.68 in the last trading session. The last trading range of the stock ranges between $27.45 and $27.93. Evok Innovations is happy to declare its first investments in clean technologies to address the most pressing environmental and economic issues facing the oil and gas industry recently. Evok, a first-of-its-kind partnership between the BC Cleantech CEO Alliance, Cenovus Energy, and Suncor Energy, has invested in five breakthrough clean technology solutions: Mosaic Materials, Metabolik Technologies, DarkVision Technologies, Rotoliptic Technologies Corporation Inc., and the Institute for Breakthrough Energy Technology. These ventures address an array of environmental and economic challenges across the energy value chain from wellhead to wheels with breakthrough technologies for carbon capture and conversion, industrial efficiency and the treatment of oil sands process water.
“This portfolio demonstrates how investing in the commercialization of clean technology can support economic growth and protect the environment,” says Evok chief executive officer, Marty Reed. “Working closely with entrepreneurs and our planned partners, we will continue to commercialize innovative technologies that both reduce costs and provide solutions to major environmental challenges faced by the oil and gas sector.”
Evok is an independent, entrepreneur-led fund that offers mentorship and customer access for early-stage clean technology companies while accelerating the development and commercialization of breakthrough solutions for planned partners. Evok offers entrepreneurs access to major customers, subject matter experts, and opportunities to pilot and demonstrate innovative technologies. Evok is exclusively positioned to drive the commercialization of clean technologies and the large-scale adoption of solutions to the most pressing economic and environmental challenges faced by the oil and gas industry. The Evok model is ideal for both entrepreneurs and planned partners.
Total SA (ADR)(NYSE:TOT), dropped -0.27% and closed at $47.57 in the last trading session. The last trading range of the stock ranges between $47.41 and $47.71. The company’s Market capitalization is $118.27 Billion with the total Outstanding Shares of 2.39 Billion. TOTAL S.A. operates as an integrated oil and gas company worldwide. The company operates through three segments: Upstream, Refining & Chemicals, and Marketing & Services. The Upstream segment engages in the exploration and production activities in about 50 countries, and produces oil or gas in about 30 countries; gas activities, counting purchase, sale, and shipping of liquefied natural gas (LNG); and trading of liquefied petroleum gas (LPG) and pet coke. This segment is also involved in the storage and transportation of natural gas; and generation and trading of power. The Refining & Chemicals segment provides petrochemicals, counting olefins and aromatics; polymer derivatives, such as polyethylene, polypropylene, polystyrene, and hydrocarbon resins; and specialty chemicals comprising elastomer processing and electroplating chemistry for automotive, construction, electronics, aerospace, and convenience goods markets. It is also involved in trading and shipping crude oil and petroleum products. The Marketing & Services segment supplies and markets petroleum products, counting aviation fuel, special fluids, LPG, bitumen, heavy fuels, and marine bunkers. It operates about 16,000 service stations.
Jones Energy Inc (NYSE:JONE), gained 10.96% and closed at $3.95 in the last trading session. The last trading range of the stock ranges between $3.58 and $3.96. During the 52-week trading session the minimum price at which share price traded, registered at $3.58 and reached to max level of $3.96. Jones Energy, Inc. (JONE) (“Jones Energy” or the “Company”) recently declared the closing of its formerly declared STACK/SCOOP acquisition for a closing price of $136.5 million, subject to customary post-closing adjustments, and declared the opening of an office in Oklahoma City, OK as a result of this acquisition. The Company funded the acquisition with a portion of the about $152 million in net proceeds from its recently accomplished offerings of Class A common stock and Series A perpetual convertible preferred stock.
Jonny Jones, the Company’s Founder, Chairman, and CEO, commented, “I am happy to declare the closing of this transformative transaction. We are focused on leveraging our best-in-class Midcontinent operating expertise to develop this asset. I look forward to providing you with updates on our development plan.”