Dividends, Consistent Growth Trend and Strong Results Drive Raised Guidance - Research Report on Chevron Corporation, ConocoPhillips, Ecopetrol, Sasol, and EQT

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Aug 06, 2013, 08:00 ET

NEW YORK, August 6, 2013 /PRNewswire/ --

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Today, Analysts' Corner announced new research reports highlighting Chevron Corporation (NYSE: CVX), ConocoPhillips (NYSE: COP), Ecopetrol S.A. (NYSE: EC), Sasol Limited (NYSE: SSL), and EQT Midstream Partners, LP (NYSE: EQM). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Chevron Corporation Research Report

On July 31, 2013, Chevron Corporation (Chevron) announced that its Board of Directors has approved a quarterly dividend of $1.00 per share. Chevron informed that the dividend will be paid on September 10, 2013, to holders of common stock as shown on the transfer records of the Company at the close of business on August 19, 2013. The Full Research Report on Chevron 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/d042_CVX]

ConocoPhillips Research Report

On August 1, 2013, ConocoPhillips (ConocoPhillips) reported Q2 2013 financial results. The Company's earnings stood at $2.1 billion, or $1.65 per share, compared with $2.3 billion, or $1.80 per share, in Q2 2012. Ryan Lance, Chairman and CEO of ConocoPhillips, said, "We had a very strong quarter, with our base operations and turnaround activity performing as planned. We are delivering on our 3 to 5% growth targets for both volumes and margins and have raised our full-year production guidance." The Company expects Q3 2013 production from continuing operations to be within 1,460 to 1,490 MBOED and full-year 2013 production from continuing operations to be within 1,515 to 1,530 MBOED. The Full Research Report on ConocoPhillips - 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/19f9_COP]

Ecopetrol S.A. Research Report

On July 31, 2013, Ecopetrol S.A. (Ecopetrol) reported Q2 2013 financial results. The Company's consolidated total sales were COP$ 17,595.6 billion, up 6.6% YoY and 5.1% QoQ. Net income was COP$3,407.5 billion, down 6.8% YoY and down 0.1% QoQ. Javier Gutierrez, CEO of Ecopetrol said, "In the second quarter of 2013, our Company continued its growth trend and generated strong results, demonstrating that its business strategy is solid and that the organization is resilient in responding quickly to changing conditions and challenges, such as the downward trend of crude prices in comparison with 2012, transport limitations, and communities blocking operations." The Full Research Report on Ecopetrol S.A. - 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/6368_EC]

Sasol Limited Research Report

On August 1, 2013, Sasol Limited (Sasol) announced the 13^th Sasol Techno X, a platform where young enthusiasts would have the opportunity to engage themselves with the real-world application of mathematics, science, and technology in a way that stimulates their imagination. According to Sasol, the event will take place at the Boiketlong Sports Centre in Sasolburg from August 19 to August 23, 2013 and is aimed at students of grade 7 to 12. Ivor Zwane, General Manager of Public Affairs at Sasol, said, "Sasol's involvement in specific investments in the areas of mathematics, science, and technology is key to closing the skills gap in our country and it is crucial that we engage and inspire our future leaders." He continued, "Sasol, and indeed South Africa, needs well-qualified people to build and strengthen our economy in an increasingly competitive global marketplace." The Full Research Report on Sasol 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/2e20_SSL]

EQT Midstream Partners, LP Research Report

On July 25, 2013, EQT Midstream Partners, LP (EQT) reported Q2 2013 financial and operating results. The Company's total operating revenues were $44.8 million, up 51.1% YoY during the quarter. Operating income increased 51.2% YoY to $24.1 million. EQT adjusted EBITDA and distributable cash flow for Q2 2013 stood at $23.4 million and $21.1 million, respectively. For full-year 2013, EQT has increased its guidance for adjusted EBITDA and distributable cash flow to include the impact of the Sunrise acquisition, as it expects adjusted EBITDA to be between $113 million and $118 million and distributable cash flow to be between $95 million and $100 million. For Q3 2013, the Company expects adjusted EBITDA to be between $30 million and $33 million. The Full Research Report on EQT Midstream Partners, LP - 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/ef2e_EQM]

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