Product Launches, Wild Life Preservation Grants, Increased Dividends, Stake Sales, and Scholarship Awards - Analyst Notes on Baker Hughes, PotashCorp, Williams, Encana and Spectra Energy
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NEW YORK, May 27, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Baker Hughes Incorporated (NYSE: BHI), Potash Corp. of Saskatchewan (USA) (NYSE: POT), Williams Companies, Inc. (NYSE: WMB), Encana Corporation (USA) (NYSE: ECA) and Spectra Energy Corp. (NYSE: SE). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2961-100free.
Baker Hughes Incorporated Analyst Notes
On May 21, 2014, Baker Hughes Incorporated (Baker Hughes) announced the launch of the Navi-Drill™ Ultra™ Curve drilling motor, which according to the Company, drills high-build curves with precise directional control in horizontal shale plays. Baker Hughes said that the Ultra Curve motor features reduced bit-to-bend length and improved toolface control, and completes the vertical, curve, and lateral in one run thereby exposing more of the reservoir and increasing well efficiency and productivity. Baker Hughes added that the motor has a smaller adjustable kickoff angle requirement, and can therefore provide higher and more consistent build-up rates in the curve section and better rotation through higher dogleg severities. The Ultra Curve motor through its lateral section also delivers improved directional steering control, and enhanced hole cleaning in the vertical section, reported the Company. The full analyst notes on Baker Hughes are available to download free of charge at:
http://www.analystsreview.com/2961-BHI-27May2014.pdf
Potash Corp. of Saskatchewan (USA) Analyst Notes
On May 20, 2014, Potash Corp. of Saskatchewan (USA) (PotashCorp) announced its efforts to support building Phase II of the PotashCorp Ark Exhibit at the Saskatoon Forestry Farm Park & Zoo. According to the Company, over the decade, PotashCorp has donated $400,000 to the entire project of housing indigenous and non-indigenous animals for public viewing. The Company informed that the most recent addition to the Phase II of the Ark is a three year-old Red Panda named Phoenix, who is curious and excited about his new home. John Moran, Manager of the Saskatoon Forestry Farm & Zoo said, "Red Pandas are considered a vulnerable species and their population is managed globally. We are delighted to have Phoenix permanently here in Saskatoon and we are hoping to find him a mate. Phoenix knows his name but whether or not he responds to me is up to him." The full analyst notes on PotashCorp are available to download free of charge at:
http://www.analystsreview.com/2961-POT-27May2014.pdf
Williams Companies, Inc. Analyst Notes
On May 22, 2014, the Board of Directors of Williams Companies, Inc. (Williams) declared a regular dividend of $0.425 on the Company's common stock for Q2 2014. The dividend is payable on June 30, 2014, to holders of record at the close of business on June 13, 2014. According to the Company, the new amount is an increase of $0.0725, or 20.6% from the Q2 2013 dividend, and an increase of $0.0225 or 5.6% from the Q1 2014 dividend. Williams recently announced that it expects to continue to increase the cash dividend amount by 20% each year through 2016, and this expected growth trajectory would deliver an annual per-share dividend of $2.54 in 2016 - a level that is more than five times the 2010 amount. The full analyst notes on Williams are available to download free of charge at:
http://www.analystsreview.com/2961-WMB-27May2014.pdf
Encana Corporation (USA) Analyst Notes
On May 21, 2014, Encana Corporation (USA) (Encana) announced that the number of common shares of PrairieSky Royalty Ltd., Encana's wholly-owned subsidiary, that it proposes to sell in PrairieSky's initial public offering, has been increased to 52.0 million common shares from 32.5 million common shares announced earlier. In addition, the indicative offering price range has also been increased to between $26.50 and $28.00 per common share, from the range of $23.00 to $26.50 per common share indicated earlier. According to the Company, the completion of the offering is subject to, and conditional upon, the receipt of all necessary and regulatory approvals, and the final decisions regarding the offering size and price, as well as the closing of the offering, are anticipated to occur in the latter part of May 2014. The full analyst notes on Encana are available to download free of charge at:
http://www.analystsreview.com/2961-ECA-27May2014.pdf
Spectra Energy Corp. Analyst Notes
On May 15, 2014, Spectra Energy Corp. (Spectra Energy) announced that ten children of the Company's employees have been selected to receive up to $5,000 annually in scholarship funds towards undergraduate study at accredited colleges or universities in the US or Canada. According to the Company, recipients of this scholarship should be graduating high school/secondary school seniors, and are annually chosen by an independent committee of judges, based on their performance in academics, leadership and participation in school and community activities, honors and awards, work experience and financial need. Greg Ebel, President and CEO of Spectra Energy said, "Spectra Energy is proud to continue our tradition of offering a scholarship program for the children of our employees. We believe that an investment in education yields great returns. This year's scholarship recipients are well-rounded; demonstrating excellence in education along with a strong commitment to community." The full analyst notes on Spectra Energy are available to download free of charge at:
http://www.analystsreview.com/2961-SE-27May2014.pdf
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