New Partnerships, Management Transition, Strategic Decisions, and Dividends - Research Report on Anadarko Petroleum, Marathon Oil, Apache, Pioneer, and Canadian Natural Editor Note: For more information about this release, please scroll to bottom. PR Newswire NEW YORK, August 30, 2013 NEW YORK, August 30, 2013 /PRNewswire/ -- Today, Analysts' Corner announced new research reports highlighting Anadarko Petroleum Corporation (NYSE: APC), Marathon Oil Corporation (NYSE: MRO), Apache Corp. (NYSE: APA), Pioneer Natural Resources Co. (NYSE: PXD), and Canadian Natural Resources Limited (NYSE: CNQ). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. Anadarko Petroleum Corporation Research Report On August 25, 2013, Anadarko Petroleum Corporation (Anadarko Petroleum) reported that it has signed a definitive agreement with ONGC Videsh Ltd. (OVL) to sell a 10% interest in Mozambique's Offshore Area 1 (Area 1) for $2.6 billion in cash. According to Anadarko Petroleum, it will have a working interest of 26.5% as the operator of Area 1. Al Walker, Anadarko Chairman, President and CEO, commented, "This transaction demonstrates our continuing ability to create substantial value through exploration and to again accelerate the value of our longer-dated projects through attractive monetizations and third-party capital." Walker added, "Mozambique LNG is a premier global energy project, and we look forward to working with our partners and the government to advance this world-class development." Walker further said, "Our objective with this allocation of capital will be to further increase our cash-flow growth with attractive wellhead margins, while providing additional value to our shareholders as evidenced by our recent dividend increase and continued portfolio-management activities." The Full Research Report on Anadarko Petroleum Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/308b_APC] -- Marathon Oil Corporation Research Report On August 27, 2013, Marathon Oil Corporation (Marathon Oil) reported that Janet F. Clark, Executive Vice President and CFO, has decided to retire on October 1, 2013, after nearly 10 years of service. Marathon Oil added that its Board of Directors has assigned John R. ("J.R.") Sult to succeed Clark as Executive Vice President and CFO, with effect from September 3, 2013. According to the Company, Clark will serve as Executive Vice President to assist in transition related matters during the month of September 2013. Lee M. Tillman, Marathon Oil President and CEO, commented, "We are very pleased to welcome J.R. to the Marathon Oil leadership team and look forward to leveraging his deep experience and knowledge to guide the financial strategy of our Company. Our commitment to financial discipline and profitable growth is essential to our continued success and J.R.'s leadership will play a key role in creating long-term shareholder value." The Full Research Report on Marathon Oil Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/5a8d_MRO] -- Apache Corp. Research Report On August 15, 2013, Apache Corp. (Apache) reported that it has agreed to sell oil and gas producing properties in the Nevis, North Grant Lands and South Grant Lands areas of western Alberta, Canada, to Ember Resources Inc. for $214 million (CAD 220 million). Rodney J. Eichler, President and Chief Operating Officer, commented, "Going forward, Apache is focused on growing our liquids production from a deep inventory of crude oil- and liquids-rich opportunities that generate attractive rates of return on our extensive remaining acreage in Canada's Western Sedimentary Basin." Eichler continued, "We also remain focused on advancing the Kitimat LNG project to monetize large unconventional resources in the Liard and Horn River basins in northern British Columbia." Eichler further added, "This transaction is one element of a comprehensive review of Apache's portfolio to determine which assets make the most sense for Apache to own given our growth and return objectives and which assets are better owned by others." The Full Research Report on Apache Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/0783_APA] -- Pioneer Natural Resources Co. Research Report On August 19, 2013, Pioneer Natural Resources Co. (Pioneer) announced that its Board of Directors has approved a cash dividend of $0.04 per share on the Company's outstanding common stock. According to the Company, stockholders of record at the close of business on September 30, 2013 will be eligible to receive the dividend on October 11, 2013. The Full Research Report on Pioneer Natural Resources Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/349b_PXD] -- Canadian Natural Resources Limited Research Report On August 8, 2013, Canadian Natural Resources Limited (Canadian Natural) reported that its Board of Directors has announced a quarterly cash dividend of CAD 0.13 per common share. According to the Company, shareholders of record at the close of business on September 13, 2013 will be eligible to receive the dividend on October 1, 2013. The Full Research Report on Canadian Natural Resources Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/b01a_CNQ] ---- EDITOR NOTES: 1.This is not company news. 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New Partnerships, Management Transition, Strategic Decisions, and Dividends - Research Report on Anadarko Petroleum, Marathon
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