Recent Updates from Basic Materials Sector: Complementary Research on Vale, SandRidge Energy, Chesapeake Energy, Petrobras and Transocean
NEW YORK, May 13, 2015 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Moments ago, Analysts Review released new research updates concerning several important developing situations including Vale S.A. (NYSE: VALE), SandRidge Energy, Inc. (NYSE: SD), Chesapeake Energy Corporation (NYSE: CHK), Petroleo Brasileiro S.A. - Petrobras (NYSE: PBR), and Transocean Ltd. (NYSE: RIG). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
To access our full PDF reports on a complementary basis, please visit the links below.
--
Today's update concerns the following companies:
============
Full PDF Download Links (you may have to copy and paste the following links into your browser):
VALE Research Report: ( http://get.analystsreview.com/pdf/?c=Vale%20S.A.&d=13-May-2015&s=VALE ),
SD Research Report: ( http://get.analystsreview.com/pdf/?c=SandRidge%20Energy%20Inc.&d=13-May-2015&s=SD ),
CHK Research Report: ( http://get.analystsreview.com/pdf/?c=Chesapeake%20Energy&d=13-May-2015&s=CHK ),
PBR Research Report: ( http://get.analystsreview.com/pdf/?c=Petroleo%20Brasileiro&d=13-May-2015&s=PBR ),
RIG Research Report: ( http://get.analystsreview.com/pdf/?c=Transocean%20Ltd.&d=13-May-2015&s=RIG ).
============
--
Analyst Update: Earnings, Stake sale and Legal Updates
U.S. stocks closed lower on Tuesday amid sharp bond market volatility. The NASDAQ Composite closed at 4,976.19, down 0.35%, the S&P 500 fell 0.29% to 2,099.12, and the Dow Jones Industrial Average finished the day 0.20% lower, at 18,068.23. European stocks fell sharply on Tuesday as heavy bond market sell-off flustered investors. Germany's DAX 30 slipped 1.72%, France's CAC 40 tumbled 1.06%, and the London's FTSE 100 closed 1.37% lower on Tuesday. Meanwhile, Asian markets were mixed on Tuesday amid concern over Greece's future in the euro zone and interest rate cut in China.
Vale S.A. announced that it has concluded the sale of 49% of its participation in the Belo Monte hydroelectric plant project. The stake was sold to Cemig Geração e Transmissão S.A (Cemig GT) pursuant to an agreement with Cemig GT, signed back on December 19, 2013.
SandRidge Energy, Inc. (SandRidge) on May 6, 2015 announced its financial results for the first quarter 2015. The Company reported daily production of 87.7 MBoepd for first quarter of 2015, up 10.7% over first quarter of 2014. The Adjusted EBITDA, net of Noncontrolling Interest, came in at $182 million for first quarter 2015 compared to $169 million in first quarter 2014, pro forma for divestitures.
Chesapeake Energy Corporation (Chesapeake) announced its first quarter 2015 financial results on May 6, 2015. The Company reported revenue of $2.8 billion, a decrease of around 45% from last year's March quarter revenue of $5.0 billion.
On May 8, 2015, Petróleo Brasileiro S.A. - Petrobras reported that it has joined the Federal Prosecutors Office as principal in actions against a dishonest public servant against subcontractors and executives alleged responsible for breaches in the scope of the "Lava Jato (Car Wash) Operation".
Transocean Ltd. announced its earnings results on Wednesday, May 6, 2015 for the first quarter 2015. The Company reported revenues of $2.0 billion during the quarter compared to $2.3 billion in March 2014, primarily due to reduced activity associated with stacked and idle rigs, and asset disposals, partly offset by fewer out-of-service days.
-
About Analysts Review
At Analysts Review, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.
Analysts Review was designed for investors. By providing the best information available, we have set ourselves apart as one of the premier online investor communities.
--
Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
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. An outsourced research services provider, represented by a registered analyst 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.
Further Resources: For more information about this release including editorial notes, compliance procedures and legal disclosures, please visit: http://www.analystsreview.com/editors
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts Review
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article