Settlement of Claims, Technology Deployment, and Technical Updates - Research Reports on ConocoPhillips, Dow, United Steel, Occidental and Valero
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, September 8, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding ConocoPhillips (NYSE: COP), The Dow Chemical Company (NYSE: DOW), United States Steel Corporation (NYSE: X), Occidental Petroleum Corporation (NYSE: OXY) and Valero Energy Corporation (NYSE: VLO). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6277-100free.
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ConocoPhillips Research Reports
On September 2, 2014, Zacks reported that ConocoPhillips has entered into a settlement with Green Dragon Gas Ltd. (Dragon Gas) under which the Company would receive $40 million as the final settlement to give up all claims from Green Dragon on various proceedings in multiple jurisdictions. Zacks further reported that the appeal hearing which was scheduled in November 2014, has been withdrawn, thus closing the matter. In August 2009, Green Dragon had received $42.6 million from ConocoPhillips under a farm-out agreement, and used the funds for further reserve development and drilling of gas production wells on the Shizhuang South block, and exploration activities within the Shizhuang North and Qinyuan blocks. The full research reports on ConocoPhillips are available to download free of charge at:
http://www.analystsreview.com/Sep-08-2014/COP/report.pdf
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The Dow Chemical Company Research Reports
On September 3, 2014, The Dow Chemical Company (Dow) reported that a power station in Alberta is using an innovative two-pass reverse osmosis (RO) design that includes DOW FILMTEC™ ECO 440i Reverse Osmosis elements and DOW FILMTEC™ XFRLE-400/34i Reverse Osmosis elements, developed by Dow Water & Process Solutions (a business unit of Dow), that keeps the power station operational despite challenging source water. The Company informed that since the lake source water at the power station is derived from a combination of the North Saskatchewan River, mine drainage, plant site drainage, sewage effluent and chemical neutralization ponds, the system requires thicker feed spacer elements to reduce fouling rates, and to lower the pressure drop in the first pass. The Company stated that since installation, FILMTEC ECO elements have resulted in 30% more energy savings in the system's second pass and FILMTEC XFRLE has improved overall pressure drops and fouling. The full research reports on Dow are available to download free of charge at:
http://www.analystsreview.com/Sep-08-2014/DOW/report.pdf
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United States Steel Corporation Research Reports
On September 3, 2014, United States Steel Corporation's (United Steel) stock surged 2.60% to end the trading session at $39.13, creating a 52-week high of $39.69. The Street reported that the stock of United Steel surged after Morgan Stanley named the Company as its top pick in the steel industry. The Street further reported that the Morgan Stanley's analysts have maintained their overweight rating on the stock and have raised the stock's price target to $60 from $35. Shares in United Steel opened the session at $39.37 and fluctuated between $38.85 and $39.69. Over the past three trading sessions, the stock has returned 4.21% compared to Dow Jones Industrial Average that declined 0.01% over the same period of time. The full research reports on United Steel are available to download free of charge at:
http://www.analystsreview.com/Sep-08-2014/X/report.pdf
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Occidental Petroleum Corporation Research Reports
On September 3, 2014, shares in Occidental Petroleum Corporation (Occidental) advanced 0.09% to end the trading session at $102.45, outperforming the broader market index S&P 500 that lost 0.08% over the same trading session. Shares in Occidental opened the session at $103.17 and oscillated in the range of $102.39 - $103.57. Over the past six months, the stock has strengthened 5.38% in line with S&P 500 that gained 6.77% over the same period of time. The shares of the Company are trading above their 50-day and 200-day moving averages of $101.09 and $95.92, respectively. The full research reports on Occidental are available to download free of charge at:
http://www.analystsreview.com/Sep-08-2014/OXY/report.pdf
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Valero Energy Corporation Research Reports
On September 3, 2014, Valero Energy Corporation's (Valero) stock ended the day 0.52% down at $53.14, extending its losses from previous three trading sessions. Shares in Valero opened the session at $53.87 and fluctuated between intra-day low of $52.91 and intra-day high of $53.89. The stock has a 52-week high of $59.69 and a 52-week low of $33.20. Over the past one month, the stock has surged 5.39% compared to NYSE Composite that gained 2.76% over the same period of time. The stock is trading above its 50-day and 200-day moving averages of $50.99 and $51.14, respectively. The full research reports on Valero are available to download free of charge at:
http://www.analystsreview.com/Sep-08-2014/VLO/report.pdf
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