Launch of New Services, Business Mergers, Upcoming Earnings, CSR Report, and Quarterly Dividends - Analyst Notes on Halliburton, Nabors, Williams, Marathon Oil and Devon Energy
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NEW YORK, July 1, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Halliburton Company (NYSE: HAL), Nabors Industries Ltd. (NYSE: NBR), Williams Companies, Inc. (NYSE: WMB), Marathon Oil Corporation (NYSE: MRO) and Devon Energy Corporation (NYSE: DVN). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4287-100free.
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Halliburton Company Analyst Notes
On June 23, 2014, Halliburton Company (Halliburton) announced the release of CYPHER 2.0 Seismic-to-Stimulation Service, a proprietary and collaborative workflow that links geoscience and reservoir, drilling, and completion engineering, allowing operators to optimize the development of unconventional reservoirs and reduce cost per barrels of oil equivalent (BOE). The workflow, powered by Landmark's DecisionSpace next-generation earth modelling solution, is capable of updating dynamically and iteratively with the seismic and well data required to model the structure, rock and fluid properties. Technological advances in the service includes modelling the interaction of the reservoir's natural fracture networks with the fractures induced by the hydraulic fracturing process, that results in a more accurate fracture network model with which the production performance of the completion design is stimulated. Jim Brown, Halliburton's President of the Western Hemisphere, said, "The CYPHER 2.0 service is a step-change improvement in our ability to deliver better wells for our customers at a lower cost per BOE." The full analyst notes on Halliburton are available to download free of charge at:
http://www.analystsreview.com/Jul-01-2014/HAL/report.pdf
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Nabors Industries Ltd. Analyst Notes
On June 25, 2014, Nabors Industries Ltd. (Nabors) announced that it has signed a definitive agreement with C&J Energy Services, Inc., an independent oilfield services and manufacturing company, to combine its completion and production services businesses in the US and Canada. Once the transaction is completed, the combined company will be incorporated in Bermuda and listed on the NYSE as C&J Energy Services Ltd. Nabors will own approximately 53% of the combined company, which will be managed by the current C&J Energy Services management team and supplemented by Nabors' completion and production services workforce. In addition to the 62.5 million shares of the combined company, Nabors will also receive approximately $937 million, which will be paid from proceeds of a public debt placement by the combined company. The combined company is expected to operate as the largest fluids management fleet and as the second largest workover/well-servicing fleet operation in North America. The full analyst notes on Nabors are available to download free of charge at:
http://www.analystsreview.com/Jul-01-2014/NBR/report.pdf
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Williams Companies, Inc. Analyst Notes
On June 25, 2014, Williams Companies, Inc. (Williams), together with Williams Partners L.P. announced their plans to release Q2 2014 financial results on July 30, 2014, after the market hours. Both Companies announced that a live webcast call will be hosted the next day, July 31, 2014, at 9:30 a.m EDT. A link to the webcast, as well as its replay, will be made available at their respective official websites and remain at the same location for two weeks after the event concludes. The full analyst notes on Williams are available to download free of charge at:
http://www.analystsreview.com/Jul-01-2014/WMB/report.pdf
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Marathon Oil Corporation Analyst Notes
On June 17, 2014, Marathon Oil Corporation (Marathon Oil) announced that it has published its 2013 Living Our Values Corporate Social Responsibility (CSR) Report, which highlights the Company's commitment to living its long-standing core values of health and safety, environmental stewardship, strong community partnerships, and engaged solution-driven workforce. The annual report provides information on the Company's non-financial performance and its efforts to promote greater economic, social and environmental sustainability. Marathon Oil stated that it has adopted eight corporate-level commitments that cover governance, society, environment, and workplace, and for each commitment, the report outlines the progress made in 2013 and primary activities planned for 2014. Lee M. Tillman, Marathon Oil's President and CEO, said, "Local operations work with key stakeholders to identify specific impacts and issues and then implement CSR programs to address them. This integrated, solution-driven approach ensures that CSR programs help us build relationships, meet the most critical needs and deliver real benefits locally." The full analyst notes on Marathon Oil are available to download free of charge at:
http://www.analystsreview.com/Jul-01-2014/MRO/report.pdf
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Devon Energy Corporation Analyst Notes
On June 4, 2014, Devon Energy Corporation (Devon Energy) announced that its board of directors has declared a quarterly cash dividend for Q3 2014 of $0.24 per share. The dividend is payable on September 30, 2014, to shareholders of record date of September 12, 2014. The full analyst notes on Devon Energy are available to download free of charge at:
http://www.analystsreview.com/Jul-01-2014/DVN/report.pdf
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