Wave of Consumer Demand Buoys Marine Transport - Research Report on Kirby, Hornbeck Offshore, Golar LNG, Ship Finance

  Wave of Consumer Demand Buoys Marine Transport - Research Report on Kirby,
     Hornbeck Offshore, Golar LNG, Ship Finance International and Teekay
                                 Corporation

PR Newswire

NEW YORK, March 6, 2013

NEW YORK, March 6, 2013 /PRNewswire/ --

Today, Investors Alliance announced new research reports highlighting Kirby
Corporation (NYSE:KEX), Hornbeck Offshore Services (NYSE:HOS), Golar LNG
Limited (NASDAQ:GLNG), Ship Finance International Limited (NYSE:SFL) and
Teekay Corporation (NYSE:TK). Today's readers may access these reports free of
charge - including full price targets, industry analysis and analyst ratings -
via the links below.

Kirby Corporation Research Report

Tank barge operator Kirby rose to a 31-year high last month amid the boom in
shale energy production, as shipping demand increases. The company rose 2.6
percent to $74.30 per share mid-February, the highest since May 1981's $74.62,
and has since eclipsed that mark at $77 at the end of the month. Increased
horizontal drilling and hydraulic fracturing helped boost production of
natural gas like ethane, which is used in petrochemical production. The demand
has overwhelmed pipelines, so refineries have recently been using railroads
and barges to move crude. The stock price boost was also brought on by stellar
Q4 numbers, with earnings of $57.9 million or $1.03 per share and revenue of
$512.6 million, as well as its coastal acquisitions during the quarter. The
Full Research Report on Kirby Corporation - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.investors-alliance.com/r/full_research_report/ab38_KEX]

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Hornbeck Offshore Services Research Report

Hornbeck saw its shares jump 10 percent after releasing its Q4 earnings report
early February, posting revenue growth of 8.5 percent to $133.2 million year
over year, but net income fell from $14.2 million a year ago to $11.3 million
or 31 cents per share. However, it did beat the expected 25 cents per share,
and so did revenues in comparison with the $128.2 million analysts expected.
An analyst from Barclays capital attributed the growth to its efforts in the
Gulf of Mexico, positioning itself to increase exposure to the region by 2014,
the fastest growing deepwater market in the world. The company is currently
running around 35 deepwater rigs, which could balloon to 45 to 50 rigs
mid-2014 as utilization is currently almost full. The Full Research Report on
Hornbeck Offshore Services - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/6e56_HOS]

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Golar LNG Limited Research Report

Golar LNG moved its announcement of Q4 2012 results from March 1 to March 4
this year, after its board finishes its review. In the previous quarter, the
company notched revenue of $121.1 million, while earnings came in at 56 cents
per share. Management expects Q4 results to be hit by planned dry-docking for
the Golar Spirit as well as reduced revenue for Golar Maria trading in the
spot market, but expects earnings growth as its first new building is
delivered August this year. Analysts meanwhile expect a 38.6 percent revenue
growth at $111.7 million and 109.1 percent earnings per share growth at 46
cents per share, both year over year. For the full year, revenue is expected
to come in at $421.5 million, while earnings per share is seen to come in at
$1.65. The Full Research Report on Golar LNG Limited - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at:
[http://www.investors-alliance.com/r/full_research_report/3b63_GLNG]

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Ship Finance International Limited Research Report

Ship Finance posted revenue of $77.7 million or 92 cents per share, while
earnings per share came in at 34 cents or 17 percent lower year over year from
41 cents per share. In comparison, analysts polled by S&P Capital IQ
anticipated revenue of $100.4 million and earnings of 33 cents per share. For
the next quarter, management expects revenue of $80.2 million and earnings per
share of 29 cents. For the full year, estimate for revenue is $268.6 million
and earnings of $1.37 per share. As a result, the company grew 5.8 percent in
3 days, closing at $16.84 per share. The Full Research Ship Finance
International Limited - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/6fb4_SFL]

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Teekay Corporation Research Report

Teekay released its Q4 financial results last week, with revenue of $484.4
million, up from $472.7 million year over year, and earnings per share of 4
cents or $2.9 million, up from 2 cents per share or $1.6 million. In
comparison, analysts polled by S&P Capital IQ predicted revenue of $475
million and earnings per share of 6 cents. For the following quarter, revenue
is expected to come in at $455.5 million, with an estimated loss of 6 cents
per share. This year's average estimate for revenue is $1.94 billion and
earnings per share of 3 cents. Meanwhile, The Street upgraded the company from
"hold" to "buy," citing strengths in stock price, net income, cash flow from
operations, profit margins and earnings per share growth. The Full Research
Report on Royal Caribbean Cruises Ltd. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.investors-alliance.com/r/full_research_report/1286_TK]

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Consider Investors Alliance

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Contact: Patricia Byers
Email: press@investors-alliance.com
Main: +1-480-745-7826

SOURCE Investors-Alliance
 
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