Project Details, Divesture Agreements, New Technology, Participation in Upcoming Conferences, and Market Activity - Research Reports on Spectra Energy, Suncor, Marathon Oil, Rio Tinto and FMC
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NEW YORK, September 29, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Spectra Energy Corp. (NYSE: SE), Suncor Energy Inc. (NYSE: SU), Marathon Oil Corporation (NYSE: MRO), Rio Tinto Plc (NYSE: RIO) and FMC Technologies, Inc. (NYSE: FTI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6825-100free.
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Spectra Energy Corp. Research Reports
On September 16, 2014, Spectra Energy Corp. (Spectra Energy) along with Spectra Energy Partners and Northeast Utilities (NU) announced details of the Access Northeast project, designed to effectively meet growing demand for natural gas in New England while providing environmental and economic benefits to the region. According to the Company, the gas pipeline expansion project, which will enhance the Algonquin and Maritimes pipeline systems, is estimated to cost nearly $3 billion and is expected to be in-service in November 2018. Spectra Energy and NU will be equal partners in the project, with the option of additional investors joining in the future. "Spectra Energy is excited to offer this unique solution with Northeast Utilities, one that calls for collaboration and cooperation with key New England natural gas providers in order to customize a scalable project around existing assets," said Greg Ebel, Spectra Energy's Chairman, CEO and President. "This is another step in our commitment to improving power system reliability, reducing electric costs to make the region more economically competitive, and protecting New England's quality of life by minimizing environmental and community impacts." The full research reports on Spectra Energy are available to download free of charge at:
http://www.analystsreview.com/Sep-29-2014/SE/report.pdf
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Suncor Energy Inc. Research Reports
On September 17, 2014, Suncor Energy Inc. (Suncor) along with The Pioneer Group Inc., announced that the duo has reached an agreement to sell the assets of their joint venture- Pioneer Energy to Parkland Fuel Corporation for $378 million. Suncor informed that the agreement includes the sale of 393 Pioneer-branded retail gas stations in Ontario and Manitoba and it will receive $182.5 million in cash for its share in Pioneer Energy. "Through our Petro-Canada business, we are the largest retailer of petroleum products in the country, with our vast network of over 1,400 retail outlets and 200 Petro-Pass truck stops," said Kris Smith, Executive Vice President, Refining and Marketing. "The sale of these assets is consistent with our business strategy allowing us to focus on the assets in our own Petro-Canada branded retail and wholesale networks." Suncor stated that the transaction is expected to close in the Q4 2014, subject to closing conditions including regulatory approval under the Competition Act. The full research reports on Suncor are available to download free of charge at:
http://www.analystsreview.com/Sep-29-2014/SU/report.pdf
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Marathon Oil Corporation Research Reports
On September 24, 2014, the stock of Marathon Oil Corporation (Marathon Oil) gained 0.73% to end the day's trading at $38.69. Marathon Oil's stock opened the session at $38.33 and fluctuated in the range of $37.88-$38.93 with a trading volume of 4.36 million shares. The stock has a 52-week range of $31.57-$41.92. In the past six months the stock has gained 11.92%, outperforming the NYSE Composite Index, which gained 4.50% during the same period. The full research reports on Marathon Oil are available to download free of charge at:
http://www.analystsreview.com/Sep-29-2014/MRO/report.pdf
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Rio Tinto Plc Research Reports
On September 23, 2014, Rio Tinto Plc (Rio Tinto) announced that with the launch of RTVis™ - its revolutionary three-dimensional mapping technology, the Company is set to capture a crucial advantage in the recovery of mineral deposits. According to Rio Tinto, the RTVis™ 3D software provides accurate mapping which improves efficiency of mining activity by ensuring it is tightly focused on removing high value ore, thus significantly reducing both waste and operational costs. Rio Tinto's Head of Innovation John McGagh said "This technology allows us to quickly and easily view, compare and evaluate data to paint a picture of what's under the ground - it's like an ultrasound image of the deposit delivered in real time, something that we could never do before."Mcgagh added, "RTVis™ is a low-cost application that complements existing group-wide data technology in a way previously never available to enhance our mining operations. It quickly brings information to a much broader audience - from a single operator in the field to an expert team in the Rio Tinto Operations Centre in Perth." The full research reports on Rio Tinto are available to download free of charge at:
http://www.analystsreview.com/Sep-29-2014/RIO/report.pdf
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FMC Technologies, Inc. Research Reports
On September 12, 2014, FMC Technologies, Inc. (FMC) announced that its Executive Vice President and CFO, Maryann Seaman will participate in the Johnson Rice Energy Conference to be held from September 29 - September 30, 2014 at Hotel Monteleone, 214 Royal Street New Orleans, Louisiana. According to FMC, Maryann will make the presentation on Tuesday, September 30, at 10:00 a.m. ET. FMC informed that the live webcast and accompanying presentation slides will be accessible at the Events section of its investor relation website. The full research reports on FMC are available to download free of charge at:
http://www.analystsreview.com/Sep-29-2014/FTI/report.pdf
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