Financial Results Schedules, Credit Facility Amendment, Agreements, and Notes Offering - Analyst Notes on PDC, Rosetta, Athlon, EXCO, and Linn Energy
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NEW YORK, April 15, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding PDC Energy, Inc (NASDAQ: PDCE), Rosetta Resources, Inc. (NASDAQ: ROSE), Athlon Energy Inc. (NYSE: ATHL), EXCO Resources Inc. (NYSE: XCO), and Linn Energy, LLC (NASDAQ: LINE). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1150-100free
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PDC Energy, Inc Analyst Notes
On April 10, 2014, PDC Energy, Inc. (PDC) announced that it plans to host a conference call to discuss its Q1 2014 financial results on May 6, 2014, at 11:00 a.m. ET. PDC stated that conference call materials, as well as the webcast and its replay for six months, will be made available on the Company's website. The full analyst notes on PDC Energy, Inc are available to download free of charge at:
http://www.analystsreview.com/1150-PDCE-.pdf
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Rosetta Resources, Inc. Analyst Notes
On April 2, 2014, Rosetta Resources, Inc. (Rosetta) announced the amendment of its Senior Revolving Credit Facility, increasing the borrowing base from $800 million to $950 million, effective from the date of the announcement. According to the Company, the committed amount under the Credit Facility was reconfirmed at $800 million, with a maximum credit amount of $1.5 billion. The Company informed that as on April 2, 2014, it had $60 million outstanding under the Credit Facility. The full analyst notes on Rosetta Resources, Inc. are available to download free of charge at:
http://www.analystsreview.com/1150-ROSE-.pdf
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Athlon Energy Inc. Analyst Notes
On April 8, 2014, Athlon Energy Inc. (Athlon) announced that it has entered into multiple definitive agreements with five unrelated third-party sellers for acquiring certain produced properties and undeveloped acreage in Northern Midland Basin for a total purchase price of $873 million in cash. According to the Company, the highlights of the said acquisition include: 23,500 net acres with an average 97% working interest; current net production of approximately 4,800 BOE/d; and total estimated net reserve potential over 250 MMBOE, among others. Bob Reeves, Chairman, President and CEO, Athlon commented, "Today's acquisitions exemplify Athlon's core strategy of acquiring only high-quality properties, demanding strong economic returns, and applying extensive technical expertise to exploit our huge resource potential through the drill bit." The Company added that it expects to close the transactions by June 2014. The full analyst notes on Athlon Energy Inc. are available to download free of charge at:
http://www.analystsreview.com/1150-ATHL-.pdf
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EXCO Resources Inc. Analyst Notes
On April 8, 2014, EXCO Resources Inc. (EXCO Resources) announced that it intends to publicly offer $400.0 million aggregate principal amount of Senior Notes due 2022, subject to market conditions. According to the Company, net proceeds from the offering are intended to be used to repay all outstanding amounts under the term loan, with the remainder to be utilized in reducing the revolving commitment under its Amended and Restated Credit Agreement. The full analyst notes on EXCO Resources Inc. are available to download free of charge at:
http://www.analystsreview.com/1150-XCO-.pdf
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Linn Energy, LLC Analyst Notes
On April 2, 2014, Linn Energy, LLC (Linn Energy), together with its affiliate LinnCo, LLC, announced that Q1 2014 financial results will be discussed via a conference call on May 1, 2014 at 10:00 a.m. CT (11:00 a.m. ET). Linn Energy stated that Mark E. Ellis, Chairman, President and CEO, and Kolja Rockov, Executive Vice President and CFO, will host the conference call, which will be followed by a question and answer session. The Company added that the call, as well as its replay until 4:00 p.m. CT (5 p.m. ET) on May 15, 2014, will be made available through its website. The full analyst notes on Linn Energy, LLC are available to download free of charge at:
http://www.analystsreview.com/1150-LINE-.pdf
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