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Divestures, Business Integration, Dividend, and Earnings Releases Schedule - Research Report on Hess, Phillips 66, Crosstex,



 Divestures, Business Integration, Dividend, and Earnings Releases Schedule -
 Research Report on Hess, Phillips 66, Crosstex, Western Refining, and Delek

PR Newswire

NEW YORK, October 24, 2013

NEW YORK, October 24, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting Hess
Corporation (NYSE: HES), Phillips 66 (NYSE: PSX), Crosstex Energy, Inc.
(NASDAQ: XTXI), Western Refining, Inc. (NYSE: WNR), and Delek US Holdings,
Inc. (NYSE: DK). Today's readers may access these reports free of charge -
including full price targets, industry analysis and analyst ratings - via the
links below.

Hess Corporation Research Report

On October 9, 2013, Hess Corporation (Hess) announced that it has entered into
an agreement with Buckeye Partners, L.P. (Buckeye) to sell its US East Coast
and St. Lucia terminal network for a total consideration of $850 million in
cash. The Company informed that Hess expects to release c.$900 million of
working capital as a result of the sale transaction, with another $100 million
continuing to be retained by the retail business as part of its ongoing
operations. Hess stated that the agreement is subject to regulatory approvals
and other customary closing conditions and is expected to close in Q4 2013.
The Full Research Report on Hess 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/bee9_HES]

--

Phillips 66 Research Report    

On October 9, 2013, Phillips 66 announced that it will report its Q3 2013
financial results on Wednesday, October 30, 2013 at 8:00 a.m. EDT. Phillips 66
informed that on the same day, the Company's executive management will host a
conference call webcast at 11:00 a.m. EDT, to discuss the financial results as
well as to provide an update on strategic initiatives. Phillips 66 stated that
the webcast of the call will be available at its website in the investors
section and its archive will also be available at the same location
approximately two hours after call. The Full Research Report on Phillips 66 -
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/e6e5_PSX]

--

Crosstex Energy, Inc. Research Report

On October 21, 2013, Crosstex Energy, Inc. (Crosstex) and Devon Energy
Corporation (Devon) jointly announced the signing of definitive agreements to
combine substantially all of Devon's U.S. midstream assets with Crosstex's
assets to form a new midstream business. The two companies expect the new
midstream business to have adjusted EBITDA of c.$700 million in 2014, before
synergies. Crosstex informed that the new venture will comprise of two
publicly traded entities- the Master Limited Partnership and a General Partner
entity. Under the terms of the definitive agreements, Devon will contribute
its equity interest in a newly formed Devon subsidiary (Devon Holdings) and
$100 million in cash, in exchange for a controlling interest in both the new
General Partner entity and the Master Limited Partnership. As stated in the
release, the Master Limited Partnership and the General Partner will each own
50% of Devon Holdings and existing stockholders of Crosstex will receive one
unit in the General Partner entity for each share of Crosstex they own, as
well as a one-time cash payment at closing of c.$2.00 per share or $100
million in aggregate. Crosstex informed that the transaction is expected to
close in Q1 2014. The Full Research Report on Crosstex Energy, Inc. -
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/e451_XTXI]

--

Western Refining, Inc. Research Report

On October 15, 2013, Western Refining, Inc. announced that its Board of
Directors has declared a $0.22 per share dividend in Q4 2013, which represents
an increase from dividend of $0.18 per share declared in Q3 2013. The Company
informed that the dividend is payable on November 14, 2013, to shareholders of
record as of October 30, 2013. The Full Research Report on Western Refining,
Inc. - 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/ea34_WNR]

--

Delek US Holdings, Inc. Research Report

October 15, 2013, Delek US Holdings, Inc. (Delek) Delek US Holdings, Inc.
(Delek) announced that it will report its Q3 2013 results in a press release
on Wednesday, November 6, 2013, after the US stock market closes. The Company
informed that it will also host a conference call on the following day,
Thursday, November 7, 2013, at 9:00 a.m. CT (10:00 a.m. ET) to discuss the
results. Delek stated that the live broadcast of the call and its replay for
90 days will be available under the investor relations section of its website.
The Full Research Report on Delek US Holdings, Inc. - 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/ad55_DK]

----

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 3. This information is submitted as a net-positive to companies mentioned, to
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SOURCE Analysts' Corner

Contact: CONTACT PERSON: Joe Thomas CONTACT PHONE: +1-310-496-8071 (North
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