Expansions, Well Count, Stock Price Movement, New Facility Launch, and Production Resumption - Research Report on ExxonMobil, Schlumberger, Baker Hughes, Halliburton, and Statoil
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NEW YORK, January 15, 2014 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Exxon Mobil Corporation (NYSE: XOM), Schlumberger Limited (NYSE: SLB), Baker Hughes Incorporated (NYSE: BHI), Halliburton Company (NYSE: HAL), and Statoil ASA (NYSE: STO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Exxon Mobil Corporation Research Report
On January 7, 2014, Exxon Mobil Corporation (ExxonMobil) reported reinforcement of its long-term supply commitment to the fast-growing Asia-Pacific market at an event celebrating the expansion of its Singapore chemical production facility. Rex W. Tillerson, ExxonMobil's Chairman and CEO, stated, "Two-thirds of that growth in chemical demand will be here in the Asia-Pacific region. ExxonMobil's expanded Singapore chemical plant is uniquely positioned to serve these growth markets - from China to the Indian subcontinent and beyond." ExxonMobil also reported that its expansion project doubled the size of its finished product capacity in Singapore, making it the largest chemical expansion in the Company's history. The Full Research Report on Exxon Mobil 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/36c4_XOM
Schlumberger Limited Research Report
On January 10, 2014, Schlumberger Limited's (Schlumberger) stock advanced 1.95%, ending the day at $88.17. Over the previous three trading sessions, shares of Schlumberger increased 0.75%, compared to the S&P 500 Index which increased 0.24% during the same period. The Full Research Report on Schlumberger 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/127c_SLB
Baker Hughes Incorporated Research Report
On January 10, 2014, Baker Hughes Incorporated (Baker Hughes) released its Q4 2013 well count. Baker Hughes reported US onshore well count of 9,056 in Q4 2013, down 19 wells from the revised 9,075 wells counted in Q3 2013. According to the Company, due to improved drilling efficiencies, its average US onshore drilling rig production increased 9% YoY. Baker Hughes notified that the well count during the quarter increased most notably in the Eagle Ford (up 75 wells or 7%), Mississippian (up 23 wells or 6%), and Marcellus (up 21 wells or 4%) basins, on QoQ basis, which, however, was offset by reductions in the Fayetteville (down 29 wells or 18%) and Granite Wash (down 22 wells or 13%) basins. The Full Research Report on Baker Hughes Incorporated - 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/9fc3_BHI
Halliburton Company Research Report
On January 8, 2014, Halliburton Company (Halliburton) announced the opening of its new Unconventional and Reservoir Productivity Technology Center at King Fahd University of Petroleum and Minerals (KFUPM), located in Dhahran Techno-Valley. Halliburton reported that the new center enables the Company to provide state-of-the-art research and development solutions for conventional and unconventional reservoirs addressing challenges both in the Kingdom and regionally. The Company informed that the center is expected to provide technology and solutions to existing and future partners in the region and around the globe, contributing to the development of local workforces and national economies. The Full Research Report on Halliburton Company - 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/fe6a_HAL
Statoil ASA Research Report
On January 8, 2014, Statoil ASA (Statoil) reported that it has resumed production at the Hammerfest LNG plant, which was closed after an incident of gas leakage in the processing facility on the night of January 5, 2014. Knut Gjertsen, Head of Snohvit Operations, said, "We started run-up of the Hammerfest LNG plant Tuesday night, and the plant has now reached stable operation." Gjertsen further said that the Company has completed all necessary repairs on the plant to ensure a safe and efficient start-up. The Full Research Report on Statoil ASA - 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/d198_STO
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