Upcoming Earnings, Acquisitions, Production Sharing Agreements, Cash Distributions, and Notes Offering - Analyst Notes on Diamond Offshore Drilling, Patterson-UTI, CNOOC Limited, BreitBurn and MRD
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, June 26, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Diamond Offshore Drilling, Inc. (NYSE: DO), Patterson-UTI Energy Inc. (NASDAQ: PTEN), CNOOC Limited (NYSE: CEO), BreitBurn Energy Partners L.P. (NASDAQ: BBEP) and Memorial Resource Development Corp. (NASDAQ: MRD). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4135-100free.
--
Diamond Offshore Drilling, Inc. Analyst Notes
On June 19, 2014, Diamond Offshore Drilling, Inc. (Diamond Offshore) announced that it will issue a press release and host a conference call and webcast, discussing its Q2 2014 operating results on July 24, 2014. The conference call and webcast is slated to begin at 8:00 a.m. CDT, which will be hosted by the management. The news release, live webcast, and its replay can be accessed on the Company's Investor Relations website. The full analyst notes on Diamond Offshore Drilling are available to download free of charge at:
http://www.analystsreview.com/Jun-26-2014/DO/report.pdf
--
Patterson-UTI Energy Inc. Analyst Notes
On June 17, 2014, Patterson-UTI Energy Inc. (Patterson-UTI) announced that one of its subsidiaries has completed the acquisition of the East-Texas based pressure pumping operations of a privately held company. The acquisition provides Patterson-UTI with a new base of operations and employees to support drilling programs in East Texas and Louisiana, and also includes 31,500 horsepower of hydraulic fracturing equipment. With the acquisition, the Company now has more than 790,000 horsepower of hydraulic fracturing equipment. The full analyst notes on Patterson-UTI are available to download free of charge at:
http://www.analystsreview.com/Jun-26-2014/PTEN/report.pdf
--
CNOOC Limited Analyst Notes
On June 20, 2014, CNOOC Limited announced that parent company China National Offshore Oil Corporation (CNOOC) has signed a production sharing contract (PSC) with Eni China B.V. (Eni) for the Block 50/34 in South China Sea. Block 50/34 is located in Qiongdongnan Basin of offshore Hainan Island with total area of 2,000 square kilometers, and is one of the blocks offered for foreign cooperation in 2012. According to the terms of the contract, Eni will conduct 3D seismic survey and drill exploration well in Block 50/34 during 6.5 years exploration period and will cover related expenditures incurred. The full analyst notes on CNOOC Limited are available to download free of charge at:
http://www.analystsreview.com/Jun-26-2014/CEO/report.pdf
--
BreitBurn Energy Partners L.P. Analyst Notes
On June 19, 2014, BreitBurn Energy Partners L.P. (BreitBurn) announced that it will initially distribute cash for its 8.25% Series A Cumulative Redeemable Perpetual Preferred Units of c.$0.31 per Series A Unit. The distribution will be made on July 15, 2014 to record holders of Series A Units at the close of business on June 30, 2014. The Company also informed that this distribution marks the initial distribution payable on the Series A Units for the period from May 21, 2014 to July 15, 2014. The full analyst notes on BreitBurn are available to download free of charge at:
http://www.analystsreview.com/Jun-26-2014/BBEP/report.pdf
--
Memorial Resource Development Corp. Analyst Notes
On June 23, 2014, Memorial Resource Development Corp. (MRD) announced that it will offer $300 million in aggregate principal amount of senior unsecured notes due 2022 in a private placement to eligible purchasers. Net proceeds from the proposed offering will be used to repay a portion of outstanding borrowings under its revolving credit facility. The full analyst notes on MRD are available to download free of charge at:
http://www.analystsreview.com/Jun-26-2014/MRD/report.pdf
--
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If 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] http://www.analystsreview.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.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, represented by Rohit Tuli, CFA. An outsourced research services provider 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.
AnalystsReview.com
SOURCE Analysts Review
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article