Watch Live

Tweet TWEET

Ongoing Production Updates, Legal Outcomes, New Business Ventures, and Cash Tender Offers - Analyst Notes on ExxonMobil,

 Ongoing Production Updates, Legal Outcomes, New Business Ventures, and Cash
 Tender Offers - Analyst Notes on ExxonMobil, Chevron, BP, Encana, and Murphy
                                     Oil

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

PR Newswire

NEW YORK, March 10, 2014

NEW YORK, March 10, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Exxon Mobil
Corporation (NYSE: XOM), Chevron Corporation (NYSE: CVX), BP plc (NYSE: BP),
Encana Corporation (NYSE: ECA), and Murphy Oil Corporation (NYSE: MUR).
Private wealth members receive these notes ahead of publication. To reserve
complementary membership, limited openings are available at:
http://www.AnalystsReview.com/register

--

Exxon Mobil Corporation Analyst Notes

On March 5, 2014, Exxon Mobil Corporation's (ExxonMobil) Chairman and CEO Rex
W. Tillerson announced that the Company expects to start production at 10
major projects in 2014, adding new capacity of approximately 300,000 net oil
equivalent barrels per day and contributing to profitable production growth.
"We are adding new volumes that improve our profitability mix with higher
liquids and liquids linked natural gas volumes. We're also driving increased
unit profitability through better fiscal terms and reducing low-margin barrel
production," said Tillerson. The Company also stated that it expects capital
spending for 2014 to decline to $39.8 billion, from $42.5 billion in 2013.
Also, from 2015 to 2017, the Company projects capital expenditures to average
less than $37.0 million, excluding potential acquisitions. The full analyst
notes on Exxon Mobil Corporation are available to download free of charge at:

http://www.AnalystsReview.com/03102014/XOM/report.pdf

--

Chevron Corporation Analyst Notes

On March 4, 2014, Chevron Corporation (Chevron) announced that the US District
Court for the Southern District of New York has ruled that the $9.5 billion
judgment against the Company in Ecuador was a product of fraud and
racketeering activity, therefore finding it unenforceable. Providing more
details, Chevron stated that the ruling found Steven Donziger, the lead
American lawyer behind the Ecuadorian lawsuit, guilty of violating the federal
Racketeer Influenced and Corrupt Organizations Act (RICO) in obtaining the
Ecuadorian judgment and in trying to cover up his and his associates' crimes.
Chevron noted that the ruling prohibits Donziger and his associates from
seeking enforcement of the Ecuadorian judgment in the US and further prohibits
them from profiting from their illegal acts. The full analyst notes on Chevron
Corporation are available to download free of charge at:

http://www.AnalystsReview.com/03102014/CVX/report.pdf

--

BP plc Analyst Notes

On March 4, 2014, BP plc (BP) announced that it intends to establish a
separate business to manage its onshore oil and gas assets in the US Lower 48.
In response to the unique characteristics of the US Lower 48 onshore and gas
business environment, the Company's new business will operate separately from
the rest of BP, and is designed to adapt to the rapidly changing and
hyper-competitive energy landscape in the region. The Company expects the
decision to help unlock the significant value associated with its extensive
resource position in the US Lower 48 onshore. "Participating in the US Lower
48 onshore is key to our upstream strategy because we believe the region will
remain at the forefront of innovation and drive global learning in
unconventional resources," said Lamar McKay, Upstream Chief Executive at BP.
The full analyst notes on BP plc are available to download free of charge at:

http://www.AnalystsReview.com/03102014/BP/report.pdf

--

Encana Corporation Analyst Notes

On February 28, 2014, Encana Corporation (Encana) announced that its
subsidiary, Encana Acquisition ULC (Encana Acquisition), has commenced a cash
tender offer for any and all of the outstanding $1.0 billion 5.80% Notes due
May 1, 2014 issued by Encana Holdings Finance Corp. (Encana Holdings Finance).
The Company informed that the tender offer will expire on March 28, 2014 at
10:00 a.m., New York City time, unless extended by the Purchaser. The full
analyst notes on Encana Corporation are available to download free of charge
at:

http://www.AnalystsReview.com/03102014/ECA/report.pdf

--

Murphy Oil Corporation Analyst Notes

On March 3, 2014, Murphy Oil Corporation (Murphy Oil) announced that first oil
production from the Siakap North-Petai (SNP) development offshore Malaysia
begun on February 27, 2014. The Company informed that initial operations
started with production from four oil wells, and that the peak gross
production from the field is expected to reach 35,000 barrels of oil per day
in mid-2014. "We are pleased to achieve first oil at the Siakap North-Petai
development. This field, along with our other oil developments offshore
Malaysia and Dalmatian in the Gulf of Mexico, are all key components of our
2014 production growth profile," said Roger Jenkins, President and CEO of
Murphy Oil. The full analyst notes on Murphy Oil Corporation are available to
download free of charge at:

http://www.AnalystsReview.com/03102014/MUR/report.pdf

--

About Analysts Review
We provide our members with a simple and reliable way to leverage our economy
of scale. Most investors do not have time to track all publicly traded
companies, much less perform an in-depth review and analysis of the
complexities contained in each situation. That's where Analysts Review comes
in. We provide a single unified platform for investors' to hear about what
matters. Situation alerts, moving events, and upcoming opportunities.

--

=============

EDITOR NOTES:

  oThis is not company news. We are an independent source and our views do
    not reflect the companies mentioned.
  oInformation in this release is fact checked and produced on a best efforts
    basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are
    only human and are prone to make mistakes. If you notice any errors or
    omissions, please notify us below.
  oThis information is submitted as a net-positive to companies mentioned, to
    increase awareness for mentioned companies to our subscriber base and the
    investing public.
  oIf you wish to have your company covered in more detail by our team, or
    wish to learn more about our services, please contact us at pubco [at]
    AnalystsReview.com.
  oFor any urgent concerns or inquiries, please contact us at compliance [at]
    AnalystsReview.com.
  oAre you a public company? Would you like to see similar coverage on your
    company? Send us a full investors' package to research [at]
    AnalystsReview.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This
document, article or report is prepared and authored by Analysts Review. An
outsourced research services provider represented by Nidhi Vatsal, CFA, has
only reviewed the information provided by Analysts Review in this article or
report according to the Procedures outlined by Analysts Review. Analysts
Review is not entitled to veto or interfere in the application of such
procedures by the outsourced provider to the articles, documents or reports,
as the case may be.

NOT FINANCIAL ADVICE

Analysts Review makes no warranty, expressed or implied, as to the accuracy or
completeness or fitness for a purpose (investment or otherwise), of the
information provided in this document. This information is not to be construed
as personal financial advice. Readers are encouraged to consult their personal
financial advisor before making any decisions to buy, sell or hold any
securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Analysts Review is not responsible for any error which may be occasioned at
the time of printing of this document or any error, mistake or shortcoming. No
liability is accepted by Analysts Review whatsoever for any direct, indirect
or consequential loss arising from the use of this document. Analysts Review
expressly disclaims any fiduciary responsibility or liability for any
consequences, financial or otherwise arising from any reliance placed on the
information in this document. Analysts Review does not (1) guarantee the
accuracy, timeliness, completeness or correct sequencing of the information,
or (2) warrant any results from use of the information. The included
information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA
Institute.

SOURCE Analysts Review

Contact: CONTACT PERSON: Adam Redford CONTACT PHONE: +852-8191-3972
 
Press spacebar to pause and continue. Press esc to stop.