Financial Results, Investor Conferences, Dividends, Donations and Divestitures - Research Report on ExxonMobil, Whiting Petroleum, Exterran Holdings, Energy XXI, and Eni SpA
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NEW YORK, August 2, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting ExxonMobil Corporation (NYSE: XOM), Whiting Petroleum Corp. (NYSE: WLL), Exterran Holdings, Inc. (NYSE: EXH), Energy XXI (Bermuda) Limited (NASDAQ: EXXI), and Eni SpA (NYSE: E). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
ExxonMobil Corporation Research Report
On July 23, 2013, Exxon Mobil Corporation, (ExxonMobil) announced that the Company and its employees, along with XTO Energy employees, contributed $665,994 to higher education institutions across Kansas as part of the ExxonMobil Foundation's 2012 Educational Matching Gift Program. According to ExxonMobil, the contribution represents unrestricted grants of $484,783 from ExxonMobil Foundation and matching donations of $181,161 from employees, retirees, directors and surviving spouses. The Company also informed that ExxonMobil along with its employees has given more than $2.6 million to universities and colleges in Kansas in the past five years. Suzanne McCarron, President of the ExxonMobil Foundation, commented, "ExxonMobil employees have a history of giving back through both their volunteerism and philanthropy. The corporation and foundation share that philosophy and are proud to join them in their generous support." The Full Research Report on ExxonMobil 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 ]
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Whiting Petroleum Corp. Research Report
On July 24, 2013, Whiting Petroleum Corp. (Whiting Petroleum) announced its Q2 2013 financial and operating results. The Company's net Income came in at $134.7 million or $1.14 per diluted share, compared to $150.6 million or $1.27 per diluted share. The Company reported that production in Q2 2013 amounted to 8.5 million barrels of oil equivalent (MMBOE) with 87% crude oil/natural gas liquids (NGLs). Q2 2013 production was up 4.8% QoQ to 93,380 barrels of oil equivalent per day (BOE/d). James J. Volker, Whiting's Chairman and CEO, said, "With the sale of our Postle assets, we have the liquidity to accelerate development of our high rate of return Williston Basin Bakken and DJ Basin Niobrara assets. Our revised 2013 production growth guidance equates to a 12% increase over 2012 levels and a 19% increase excluding the production associated with the Postle assets. In the third quarter we anticipate replacing nearly all of the production from the Postle assets sale, which generated $837 million in net sale proceeds, while increasing our capital budget by only $300 million." The Full Research Report on Whiting Petroleum Corp. - 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/e08c_WLL ]
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Exterran Holdings, Inc. Research Report
On July 15, 2013, Exterran Holdings, Inc. (Exterran Holdings) and Exterran Partners, L.P. (EXLP) jointly announced that they will hold a joint conference call on Tuesday, August 6, 2013, in order to review their Q2 2013 financial results. The Companies will release their Q2 2013 earnings before the conference call, which is scheduled at 11:00 a.m. ET. Interested parties can listen to the call via a live webcast at Exterran's website. The Companies also reported that a replay of the conference call will be available on Exterran's website for at least seven days after the conclusion of the call. The Full Research Report on Exterran Holdings, Inc. - 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/6001_EXH ]
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Energy XXI (Bermuda) Limited Research Report
On July 23, 2013, Energy XXI (Bermuda) Limited (Energy XXI) reported that its Board of Directors have approved a quarterly dividend of $0.12 per share of common stock. According to the Company, the dividend will be payable on September 13, 2013 to shareholders of record as on August 30, 2013. The Company stated that it currently has 75.6 million shares of common shares outstanding. The Full Research Report on Energy XXI (Bermuda) 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/3e10_EXXI ]
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Eni SpA Research Report
On July 25, 2013, Eni SpA (Eni) and China National Petroleum Corporation (CNPC) announced that they have completed the sale of 28.6% of Eni East Africa's shares- owner of a 70% interest in Area 4, located off the coast of Mozambique to CNPC. According to Eni, the sale was concluded at a price of $4.2 billion, which was sanctioned by the agreement signed on March 14, 2013, integrated for contractual balances provided until the date of closing. Eni stated that through this deal, CNPC will have a stake in Eni East Africa, equating to a 20% indirect participation in Area 4. The Company further stated that it will continue to remain an indirect owner of the 50% participation owned by Eni East Africa. The remaining shares in Area 4 are owned by Empresa Nacional de Hidrocarbonetos de Mozambique (ENH, 10%), Kogas (10%), and Galp Energia (10%). The Full Research Report on Eni SpA - 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/c3ef_E ]
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