Stream Energy is a company that hires freelance contractors to spread the word about their business. Contractors work hard to help clients by understanding their needs and matching them to the products and services that are best for them. Freelancers earn a commission for each new sale they obtain. Another part of the freelancer’s duty is to participate in events sponsored by Stream Cares that aim to enhance the quality of life for the homeless, and displaced individuals in the community. It is essential to understand the difference that Stream Energy is making in the community.
For one, Texas does not have a good reputation for being generous. Stream has already changed that as they have increased the generosity rating of the state. Stream can be considered first responders to natural disasters. For example, when Hurricane Harvey hit Houston Texas, it dumped more than 50 inches of rain leaving many of the residents displaced. Stream Energy was one of the first companies to take a stand and provide funding to help recover amidst the aftermath. They also partner with other organizations to help them reach their ultimate goal of giving to the needy. Stream also monitors homelessness rates to ensure that they are doing all that they can to help those people who are without homes. In 2016, when multiple tornadoes hit North Texas on the day after Christmas, many homes and businesses were lost. Stream partnered with the Salvation Army to raise money to help the community regain everything that they lost.
The fundraiser was successful and raised thousands of dollars. To add to the success of it, Stream matched the funds so that they could double the reach of the effort t. Another example of Stream Energy’s contribution to society are the events that they sponsor. Every year, they partner with the Hope Supply Co., which is an organization that gives homeless families supplies that they need to assist them through their dire circumstance. They sponsor a Splash for Hope event which gives homeless children an all-expense paid day at the local water park. Stream Energy pays entrance and meal fees for over 1000 children. Overall, Stream Energy is making a positive difference in the lives of the less fortunate.
Obsidian Energy Limited was in the past using Penn West Exploration Limited, Penn West Energy, and Penn West Petroleum as it brand – name. Obsidian Energy Limited is a middle-categorized company in Canada that deals in Natural gas and oil with David L. French as its Chief Executive Officer and President.
Obsidian Energy Limited has its gas and oil wells in Alberta near Western Canadian Sedimentary Basin that is known to be the most substantial petroleum investments in the globe. When David French took over as the Chief Executive Officer, he noted that stockholders would be requested to approve some changes since the firm was no longer resembling the past Penn West. He also assured the company’s staff and clients that his appointment would bring considerable changes to the company and termed that day as a mark for a new chapter.
At the time of the company’s name change from Penn West to Obsidian Energy Limited, stakeholders cast a ninety-two percent vote favoring the decision. The Chief Executive Officer Mr. Dave French commented that the firm decided to change its name to obsidian since the name Obsidian is a volcanic glass that occurs naturally and can be structured into a sharp or hone-like object. Mr. French also noted that the entire company fraternity was excited to announce and publicize the company’s name change as part of its transformation steps. He said that the organization would from that day emulate and lean on three cornerstones. CEO, Mr. David French announced that Obsidian Energy would be keen to observe persistent quest of advancement and improvement, open and accountable efforts with its associates and society and disciplined technical and financial choices to create and guide the business value.
David came out clear that Obsidian Energy Limited was in a good position regarding strategy, healthy balance sheet and assets that would help the company in aiming at better standards for performance even when prices are lower. Go Here for additional information.
Apart from the decision to change the company’s brand name, the shareholders decided to approve all the decisions that were contained in the Notice of 2017 yearly and Special Meeting and Management Proxy Circular for the date of April 30th, 2017.
See Also: http://www.newswire.ca/news-releases/penn-west-changes-name-to-obsidian-energy-ltd-and-announces-voting-results-from-the-2017-annual-and-special-meeting-of-shareholders-630941703.html