On Monday, Shares of Weatherford International Plc (NYSE:WFT), SUBTRACT -1.25% and closed at $5.55 in the last trading session. The last trading range of the stock ranges between $5.46 and $5.68. Weatherford International public limited company, together with its auxiliaries, operates as a multinational oilfield service company worldwide. It offers equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells. The company operates through three business groups: Formation Evaluation and Well Construction, Completion and Production, and Land Drilling Rigs. The Formation Evaluation and Well Construction business group provides managed-pressure drilling, drilling services, tubular running services, drilling tools, wireline services, testing and production services, re-entry and fishing services, cementing, liner systems, integrated laboratory services, and surface logging systems. The Completion and Production business group offers artificial lift systems, stimulation and completion systems.
Southern Co (NYSE:SO), DROPPED -1.13% and closed at $50.72 in the last trading session. The last trading range of the stock ranges between $50.33 and $51.27. The company’s Market capitalization is $48.92 Billion with the total Outstanding Shares of 978.71 Million. On Saturday, Oct. 1, Unit 1 of the Joseph M. Farley Nuclear Plant began a planned refueling and maintenance outage. In addition to refueling the reactor and performing regular maintenance and testing, workers will make upgrades to plant systems and components to enhance efficiency and reliability.
“The key to a safe and successful outage is our outstanding employees and supporting partners,” said Site Vice President Cheryl Gayheart. “I am proud of the preparations we have made, and our entire team is ready to accomplish this refueling outage safely using our expertise and teamwork.”
Plant Farley’s operators were making final preparations to begin the outage when the unit automatically shut down because of a malfunction of a main steam isolation valve. The safety system operated as designed, the plant was stable and the team established shut down conditions in support of the outage.
Each unit at Plant Farley requires new fuel every 18 months. The most recent refueling outage for Unit 1 was accomplished in the spring of 2015.
Employees from across the Southern Nuclear fleet are assisting Farley’s staff of nearly 900 in the refueling effort. More than 800 additional alliance partners and vendors are on site performing specialized tasks. This supplemental workforce provides economic stimulus to surrounding communities during the planning stages and throughout the outage.
PPL Corp (NYSE:PPL), LOST -1.79% and closed at $33.95 in the last trading session. The last trading range of the stock ranges between $33.71 and $34.57. During the 52-week trading session the minimum price at which share price traded, registered at $32.18 and reached to max level of $39.92. PPL Corporation, a utility company, delivers electricity and natural gas in the United States and the United Kingdom. It serves 322,000 natural gas and 403,000 electric customers in Louisville and adjacent areas in Kentucky; 543,000 customers in central, southeastern, and western Kentucky; and about 28,000 customers in 5 counties in southwestern Virginia, and fewer than 10 customers in Tennessee. The company also provides electric delivery services to about 1.4 million customers in Pennsylvania; and operates 4 electricity distribution networks in the United Kingdom, in addition to delivers natural gas to customers in Kentucky; generates electricity from power plants in Kentucky; and sells wholesale electricity to 11 municipalities in Kentucky. In addition, it provides finance for the operations of PPL and auxiliaries.