Share Price Movements, Favorable Court Rulings, and Dividend Declarations - Analyst Notes on Occidental, EOG, National Oilwell, Anadarko, and Freeport
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NEW YORK, April 2, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Occidental Petroleum Corporation (NYSE: OXY), EOG Resources Inc. (NYSE: EOG), National Oilwell Varco Inc. (NYSE: NOV), Anadarko Petroleum Corporation (NYSE: APC), and Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
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Occidental Petroleum Corporation Analyst Notes
On March 28, 2014, Shares in Occidental Petroleum Corporation (Occidental) moved up 0.96% to end the day at $95.55, extending gains from the previous trading session. Occidental's stock opened the session at $95.05 and oscillated in the range of $94.30 - $95.59. Over the last 12 months, the stock has increased by 21.03%, compared to the Dow Jones Industrial Average which gained 12.01% during the same period. The full analyst notes on Occidental Petroleum Corporation are available to download free of charge at:
http://www.AnalystsReview.com/04022014/OXY/report.pdf
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EOG Resources Inc. Analyst Notes
On March 28, 2014, EOG Resources Inc.'s (EOG) stock gained 1.91% to end the trading session at 197.16, extending its gains from previous three trading sessions. EOG's stock opened the session at $194.47 and oscillated in the range of $194.11 - $198.82, thereby creating a 52-week high of $198.82. Over the past three months, the stock has returned 17.80%, outperforming the Dow Jones Industrial Average (DJI) which lost 1.10% over the same period. The rise in EOG's stock was mainly fueled by the Company's robust performance in Q4 2013. EOG reported net income of $580.2 million for Q4 2013 versus net loss of $505.0 million in Q4 2012. Adjusted EPS during the quarter came in at $2.00, surpassing the analysts' forecasts of $1.94. The full analyst notes on EOG Resources Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04022014/EOG/report.pdf
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National Oilwell Varco Inc. Analyst Notes
On March 28, 2014, National Oilwell Varco Inc.'s (National-Oilwell) stock rose 2.16% to end the day at $77.67. Shares in National Oilwell opened the session at $76.59 and oscillated in the range of $76.04 - $77.70. Over the past one month, the stock has returned an upside of 0.82%, compared to the NYSE Composite which returned 0.09% during the same time period. The full analyst notes on National Oilwell Varco Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04022014/NOV/report.pdf
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Anadarko Petroleum Corporation Analyst Notes
On March 21, 2014, Anadarko Petroleum Corporation (Anadarko) issued a statement in response to the favorable ruling from Court in the Deepwater Horizon Trial. Al Walker, Anadarko Chairman, President and CEO, stated, "Today's ruling is consistent with previous Court determinations that we were not at fault for the Deepwater Horizon event. We look forward to seeing the Clean Water Act portion of the trial resolved soon." During the hearing, Judge Barbier told Justice Department lawyers that "I don't think this argument is going to get you anywhere. It's pretty clear to me, once I ruled that Anadarko had no legal duty to intervene in the well and could not be negligent." Following the development, Anadarko's stock has gained 1.62% to $84.94 in the five trading sessions through March 28, 2014. The full analyst notes on Anadarko Petroleum Corporation are available to download free of charge at:
http://www.AnalystsReview.com/04022014/APC/report.pdf
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Freeport-McMoRan Copper & Gold Inc. Analyst Notes
On March 26, 2014, Freeport-McMoRan Copper & Gold Inc. (Freeport) announced a quarterly cash dividend of $0.3125 per share on its common stock, payable on May 1, 2014 to holders of record as of April 15, 2014. Freeport is a premier US-based natural resource Company with an industry leading global portfolio of mineral assets, significant oil and gas resources and a growing production profile. FCX is the world's largest publicly traded copper producer. The full analyst notes on Freeport-McMoRan Copper & Gold Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04022014/FCX/report.pdf
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