Form 10 Filing, Recognitions, Asset Purchase, and Upcoming Analyst Day - Analyst Notes on Occidental Petroleum, LyondellBasell, Hess, Phillips 66 and CONSOL Energy
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NEW YORK, June 11, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Occidental Petroleum Corporation (NYSE: OXY), LyondellBasell Industries NV (NYSE: LYB), Hess Corporation (NYSE: HES), Phillips 66 (NYSE: PSX) and CONSOL Energy Inc. (NYSE: CNX). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3581-100free.
Occidental Petroleum Corporation Analyst Notes
On June 5, 2014, Occidental Petroleum Corporation (Occidental Petroleum) announced that California Resources Corporation (CRC), an Occidental Petroleum subsidiary, has filed a Registration Statement on Form 10 with the U.S. Securities and Exchange Commission (SEC). The Form 10 includes preliminary information about the conditions of CRC's spin-off, as well as information about CRC as a stand-alone company. The filing was in connection with the Company's previously announced plan to spin-off its California oil and gas business, and establishing it as an independent oil and natural gas exploration and production company focused on high-growth, high-return conventional and unconventional assets exclusively in California. The full analyst notes on Occidental Petroleum are available to download free of charge at:
http://www.analystsreview.com/Jun-11-2014/OXY/report.pdf
LyondellBasell Industries NV Analyst Notes
On June 3, 2014, LyondellBasell Industries NV (LyondellBasell) announced that it has been recognized by the American Chemistry Council (ACC) as a Responsible Care Company of the Year, honoring the Company's exceptional contribution in environmental, health, safety and security (EHS&S) performance. The award recognizes companies who have demonstrated how they have surpassed the Responsible Care performance criteria. The Company is one of four companies to receive the award. CEO Jim Gallogly said, "We never forget the real reason LyondellBasell is a Responsible Care company; it's because we are protecting those who work in our plants and those who are our neighbors and customers. We take our Responsible Care commitment very personally." The full analyst notes on LyondellBasell are available to download free of charge at:
http://www.analystsreview.com/Jun-11-2014/LYB/report.pdf
Hess Corporation Analyst Notes
On June 5, 2014, Hess Corporation (Hess) announced that according to the "2014 Newsweek Green Rankings" of the largest 500 companies in the world, Hess has been ranked No. 1 among the greenest U.S. energy producers. Now in its sixth year, the rankings evaluate the 500 largest publicly-traded companies as of December 31, 2013, by market capitalization in the United States and the 500 largest publicly-traded companies in the world on corporate sustainability and environmental impact. Moreover, the Company ranked No. 108 among the world's greenest companies in all measured sectors. According to Newsweek, the rankings were a result of a "rigorous, peer-reviewed research process, including both quantitative and qualitative data from some of the world's leading environmental research organizations." The full analyst notes on Hess are available to download free of charge at:
http://www.analystsreview.com/Jun-11-2014/HES/report.pdf
Phillips 66 Analyst Notes
On June 5, 2014, Phillips 66 announced that it has agreed to purchase a 7.1 million-barrel storage capacity terminal near Beaumont, Texas, which will become the Company's largest terminal in its portfolio. The Beaumont Terminal is currently owned by UNOCAL, a member of the Chevron Group. The Beaumont Terminal, which is strategically located on the U.S. Gulf Coast, has 4.7 million barrels of crude oil storage capacity and 2.4 million barrels of refined product storage capacity. The transaction is expected to close in Q3 2014, following the receipt of regulatory approvals. The full analyst notes on Phillips 66 are available to download free of charge at:
http://www.analystsreview.com/Jun-11-2014/PSX/report.pdf
CONSOL Energy Inc. Analyst Notes
On June 6, 2014, CONSOL Energy Inc. (CONSOL Energy) announced that it will be hosting its 2014 Analyst Day in New York City on Thursday, June 12, 2014, beginning 8:00 a.m. EDT, which is expected to last for approximately five hours. A live audio webcast will be accessible on the Company website, including a comprehensive slide deck. The event will provide greater transparency to analysts and investors, as well as to showcase the new management team. Nicholas J. DeIuliis, President and CEO, said, "We continue to grow our Appalachian-focused E&P segment with our tier-one shale assets, while operating best-in-class thermal and metallurgical coal assets at the Bailey Complex and Buchanan Mine respectively." The full analyst notes on CONSOL Energy are available to download free of charge at:
http://www.analystsreview.com/Jun-11-2014/CNX/report.pdf
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