Leaderships Appointments, Notes, Expansions, and Supply Agreements - Analyst Notes on Suncor, Chesapeake, Alcoa, Hess and BP

NEW YORK, June 24, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Suncor Energy Inc. (USA) (NYSE: SU), Chesapeake Energy Corporation (NYSE: CHK), Alcoa Inc. (NYSE: AA), Hess Corp. (NYSE: HES) and BP plc (ADR) (NYSE: BP). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4037-100free.

--
Suncor Energy Inc. (USA) Analyst Notes
On June 16, 2014, Suncor Energy Inc. (USA) (Suncor) announced that Alister Cowan has been appointed to the position of Executive Vice President and CFO, with effect on July 21, 2014. According to the Company, in his new position, Alister will direct financial operations including controllers, investor relations, treasury, tax, internal audit and enterprise risk management. Suncor stated that prior to joining the Company, Mr. Cowan served as CFO of Husky Energy since 2008. Steve Williams, President and CEO of Suncor said, "With almost 30 years' experience leading the finance function for a number of companies in the energy and utilities sectors, Alister has the breadth and depth of experience required to build on Suncor's strong financial position, support the company's strategic direction and focus on capital discipline and profitable growth." The full analyst notes on Suncor are available to download free of charge at:

http://www.analystsreview.com/Jun-24-2014/SU/report.pdf

--
Chesapeake Energy Corporation Analyst Notes
On June 12, 2014, Chesapeake Oilfield Operating, L.L.C, an indirect wholly owned subsidiary of Chesapeake Energy Corporation (Chesapeake) announced the pricing of $500 million in aggregate principal amount of 6.5% senior unsecured notes due 2022 (the Notes). According to the Company, the notes will mature on July 15, 2022 and will be issued at par in a private placement. The Company stated that the net proceeds from the private placement will be used to make a cash distribution to COS Holdings, L.L.C.- its direct parent, to repay all outstanding indebtedness under the Company's new asset backed lending credit facility to be entered into in connection with the spin-off and for general corporate purposes. The Company informed that it expects the offering of the Notes to close on June 26, 2014, subject to customary conditions. The full analyst notes on Chesapeake are available to download free of charge at:

http://www.analystsreview.com/Jun-24-2014/CHK/report.pdf

--
Alcoa Inc. Analyst Notes
On June 17, 2014, Alcoa Inc. (Alcoa) announced its expansion in Virginia to feed demand for next-generation aircraft engine parts. The Company informed that it is investing $25 million at its Alcoa Power and Propulsion facility in Hampton, Virginia to scale-up a breakthrough process technology that cuts the weight of its highest-volume jet engine blades by 20% and markedly improves aerodynamic performance. Alcoa stated that the expansion will begin in June, 2014 and is slated for completion by the Q4 2015. In addition, the Company expects to hire at least 75 new full-time employees over the next three years. Klaus Kleinfeld, Chairman and CEO of Alcoa said, "We are deploying a state-of-the-art technology that will significantly improve the performance of some of the best-selling jet engines in the world. This technology and investment further demonstrate how Alcoa is executing on our strategy to aggressively capture demand in the fast-growing aerospace market." The full analyst notes on Alcoa are available to download free of charge at:

http://www.analystsreview.com/Jun-24-2014/AA/report.pdf

--
Hess Corp. Analyst Notes
On June 19, 2014, Hess Corp. (Hess) announced that it has agreed to sell $300 million of three-year notes with a 1.30% coupon maturing on June 15, 2017, and $300 million of ten-year notes with a 3.50% coupon maturing on July 15, 2024, in a registered public offering. Hess stated that it intends to use the net proceeds of the notes to refinance the repayment of its $250 million 7.00% notes due on 2014, retire various lease obligations, and for working capital and other general corporate purposes. The full analyst notes on Hess are available to download free of charge at:

http://www.analystsreview.com/Jun-24-2014/HES/report.pdf

--
BP plc (ADR) Analyst Notes
On June 17, 2014, BP plc (BP) and the China National Offshore Oil Corporation (CNOOC) announced that BP Executive Vice President, Dev Sanyal, and CNOOC Chairman, Wang Yilin have signed an agreement in the presence of UK Prime Minister, David Cameron and Chinese Premier, Li Keqiang, for the supply of up to 1.5 million tonnes of liquified natural gas (LNG) per year, over 20 years, starting in 2019. BP stated that full commercial contract is expected to be agreed in mid-2014. According to BP, it expects to supply LNG from its global portfolio using its own LNG tanker fleet and chartered ships to deliver gas to various terminals in China. Bob Dudley, BP Group Chief Executive said, "This agreement is the first long-term LNG supply deal wih China where BP is the sole supplier and it should play a crucial role in enhancing China's energy diversification and supporting its economic growth." The full analyst notes on BP are available to download free of charge at:

http://www.analystsreview.com/Jun-24-2014/BP/report.pdf

--
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

AnalystsReview.com

SOURCE Analysts Review

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED