Financial Result Releases and Upcoming Conference Calls - Research Reports on Williams, Marathon, Apache, EOG and Tesoro
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NEW YORK, August 5, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Williams Companies, Inc. (NYSE: WMB), Marathon Petroleum Corp. (NYSE: MPC), Apache Corporation (NYSE: APA), EOG Resources Inc. (NYSE: EOG) and Tesoro Corporation (NYSE: TSO). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5443-100free.
Williams Companies, Inc. Research Reports
On July 30, 2014, Williams Companies, Inc. (Williams) reported Q2 2014 net income attributable to Williams of $103 million or $0.15 per diluted share, compared to net income of $142 million or $0.21 per diluted share in Q2 2013. The Company stated that the decline in its Q2 2014 net income was driven by lower NGL and olefin margins, as well as $36 million higher net interest expense associated with recent debt issuances, partially offset by increased fee-based revenues and lower income tax expense. The Company reported Q2 2014 total revenues of $1.7 billion, down 5.0% YoY. The Company's H1 2014 total revenues declined 4.2% YoY to $3.4 billion. The Company's H1 2014 net income attributable to Williams came in at $243 million or $0.35 per diluted share, compared to net income of $303 million or $0.44 per diluted share in H1 2013. For full-year 2014, the Company expects to distribute dividend of $1.96 per share, while for full-year 2015 and 2016, the dividend is expected to be $2.46 and $2.82 per share, respectively. The full research reports on Williams are available to download free of charge at:
http://www.analystsreview.com/Aug-05-2014/WMB/report.pdf
Marathon Petroleum Corp. Research Reports
On July 31, 2014, Marathon Petroleum Corp. (Marathon) released its Q2 2014 and H1 2014 financial results. The Company reported Q2 2014 total revenues and other income of $26.9 billion, up 4.8% YoY. During the quarter, the Company's income from operations improved 42.6% YoY to $1.4 billion, helped by Refining & Marketing segment operating income that improved 39.5% YoY to $1.3 billion. Q2 2014 net income attributable to MPC came in at $855 million or $2.95 per diluted share, compared to net income of $593 million or $1.83 per diluted share in Q2 2013. The Company's H1 2014 total revenues and other income improved 2.5% YoY to $50.3 billion. The Company's H1 2014 net income attributable to MPC came in at $1.1 billion or $3.60 per diluted share, compared to net income of $1.3 billion or $4.01 per diluted share in H1 2013. The full research reports on Marathon are available to download free of charge at:
http://www.analystsreview.com/Aug-05-2014/MPC/report.pdf
Apache Corporation Research Reports
On July 31, 2014, Apache Corporation (Apache) reported Q2 2014 revenues and other items of $3.48 billion, down 18.4% YoY, trailing the Zacks consensus revenue estimate of $3.56 billion. The Company's Q2 2014 net income attributable to common shareholders came in at $505 million or $1.31 per diluted share, compared to net income of $1.0 billion or $2.54 per diluted share in Q2 2013. The Company stated that its Q2 2013 results reflect contributions from properties that have been divested, including producing assets in the Gulf of Mexico, Canada, Argentina and a non-controlling interest in Egypt. The Company's H1 2014 revenues and other items declined 12.8% YoY to $7.2 billion. The Company's H1 2014 net income attributable to common shareholders came in at $741 million or $1.89 per diluted share, compared to net income of $1.7 billion or $4.30 per diluted share in H1 2013. The full research reports on Apache are available to download free of charge at:
http://www.analystsreview.com/Aug-05-2014/APA/report.pdf
EOG Resources Inc. Research Reports
On June 30, 2014, EOG Resources Inc. (EOG) announced that the Company is planning to host a conference call on August 6, 2014 at 8:00 a.m. CT (9:00 a.m. ET) to discuss its Q2 2014 financial results. According to 32 analysts surveyed by Bloomberg Businessweek, the Company is expected to post EPS of $1.36 and revenues of $4.1 billion for Q2 2014. The full research reports on EOG are available to download free of charge at:
http://www.analystsreview.com/Aug-05-2014/EOG/report.pdf
Tesoro Corporation Research Reports
On July 30, 2014, Tesoro Corporation (Tesoro) reported 24.8% YoY rise in Q2 2014 revenues to $11.1 billion. Q2 2014 segment operating income improved 17.6% YoY to $494 million, driven primarily by the addition of the Los Angeles refining, marketing and logistics assets, growth in Tesoro Logistics LP and improved retail margins. The Company's Q2 2014 net earnings attributable to Tesoro came in at $224 million or $1.70 per diluted share, compared to net earnings of $227 million or $1.64 per diluted share in Q2 2013. The Company's H1 2014 revenues improved 29.5% YoY to $21.0 million. The Company's H1 2014 net earnings attributable to Tesoro came in at $302 million or $2.28 per diluted share, compared to net earnings of $320 million or $2.30 per diluted share in H1 2013. The full research reports on Tesoro are available to download free of charge at:
http://www.analystsreview.com/Aug-05-2014/TSO/report.pdf
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