Drilling Activity, New Drilling Contracts, Rig Status, Stock Price Update, and Financial Results - Analyst Notes on Patterson

Drilling Activity, New Drilling Contracts, Rig Status, Stock Price Update, and
Financial Results - Analyst Notes on Patterson-UTI, Helmerich & Payne, Noble,
                    Diamond Offshore, and Antero Resources

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

PR Newswire

NEW YORK, March 11, 2014

NEW YORK, March 11, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Patterson-UTI
Energy Inc. (NASDAQ: PTEN), Helmerich & Payne Inc. (NYSE: HP), Noble Corp.
(NYSE: NE), Diamond Offshore Drilling Inc. (NYSE: DO), and Antero Resources
Corporation (NYSE: AR). Private wealth members receive these notes ahead of
publication. To reserve complementary membership, limited openings are
available at: http://www.AnalystsReview.com/register

--

Patterson-UTI Energy Inc. Analyst Notes

On March 5, 2014, Patterson-UTI Energy Inc. (Patterson-UTI) declared that it
had an average of 193 drilling rigs operating in the United States and 12 rigs
in Canada in February 2014. According to the Company, for the two-month period
ended February 28, 2014, Patterson-UTI had an average of 191 drilling rigs
operating in the United States and 11 rigs in Canada. The full analyst notes
on Patterson-UTI Energy Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03112014/PTEN/report.pdf

--

Helmerich & Payne Inc. Analyst Notes

On March 5, 2014, Helmerich & Payne Inc. (Helmerich & Payne) reported that it
has signed new drilling contracts with YPF Sociedad Anonima (YPF). The Company
informed that it plans to deploy ten existing FlexRigs® from the U.S. to work
in the Vaca Muerta play in the Neuquen Province in Argentina under five-year
term contracts. According to the Company, it expects the first rig to commence
drilling operations in Q4 2014 while the remaining nine rigs are expected to
be sequentially deployed to reach full utilization by the end of Q2 2015.
President of Helmerich & Payne, John Lindsay said, "We are pleased to announce
a growing presence in one of the most promising unconventional plays outside
of the U.S. These contracts allow us the opportunity to continue our efforts
to demonstrate the FlexRig value proposition in key markets around the world.
We believe that our interests are well aligned with those of the customer, and
look forward to working with YPF in the near future." The full analyst notes
on Helmerich & Payne Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03112014/HP/report.pdf

--

Noble Corp. Analyst Notes

On March 1, 2014, Noble Corp. (Noble) issued a press release, providing an
update on the status of Noble Paul Wolff, a dynamically positioned
semisubmersible rig operating off the coast of Brazil. The Company informed
that the rig is stable and is operating via its own power after a ballast
control incident that happened on Friday, February 28, 2014. According to the
Company, additional crew members are also being selectively returned to the
rig. Noble continues to work with its customer and authorities to completely
settle the matter and safely resume normal operations. The full analyst notes
on Noble Corp. are available to download free of charge at:

http://www.AnalystsReview.com/03112014/NE/report.pdf

--

Diamond Offshore Drilling Inc. Analyst Notes

On March 6, 2014, Diamond Offshore Drilling Inc.'s (Diamond Offshore Drilling)
stock increased 1.40%, ending the day at $47.96. Over the previous three
trading sessions, shares of Diamond Offshore Drilling increased 2.22%,
compared to the Dow Jones Industrial Average Index which increased 1.57%
during the same period. The full analyst notes on Diamond Offshore Drilling
Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03112014/DO/report.pdf

--

Antero Resources Corporation Analyst Notes  

On February 26, 2014, Antero Resources Corporation (Antero Resources) reported
its financial results for Q4 2013 and full year 2013. Non-GAAP total operating
revenue increased 104.2% YoY to $480.0 million in Q4 2013, and 78.5% YoY to
$1.3 billion in full year 2013. The Company reported non-GAAP net income of
$73.2 million in Q4 2013, up 111.2% YoY, while full-year 2013 non-GAAP net
income came in at $171.4 million, up 214.8% YoY. Chairman and CEO of Antero
Resources, Paul M. Rady, said, "2013 was a historic year for Antero as we took
the Company public in the largest U.S. independent E&P IPO in history. We also
grew our fully engineered and audited 3P reserves by 62% to 35.0 Tcfe and
average net daily production by 115% to 678 MMcfe/d. All of this was
accomplished with peer group leading 3-year development costs per Mcfe, 2013
average price realizations and EBITDAX margin. Since our IPO in October 2013,
we have continued to set the stage for our high growth business model by
committing to additional firm transportation and processing, hedging prices on
additional natural gas volumes and expanding our liquids-rich acreage position
in the Marcellus and Utica Shales." The full analyst notes on Antero Resources
Corporation are available to download free of charge at:

http://www.AnalystsReview.com/03112014/AR/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.