Technical Updates, Plant Closures, Financial Results, and Drilling Results - Research Reports on Petrobras, Alcoa, Seadrill, Noble Energy and Whiting Petroleum

NEW YORK, September 4, 2014 /PRNewswire/ --

Today, Analysts Review released its research reports regarding Petroleo Brasileiro Petrobras SA (NYSE: PBR), Alcoa Inc. (NYSE: AA), Seadrill Ltd. (NYSE: SDRL), Noble Energy, Inc. (NYSE: NBL) and Whiting Petroleum Corp. (NYSE: WLL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6208-100free.

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Petroleo Brasileiro Petrobras SA Research Reports
On August 29, 2014, shares in Petroleo Brasileiro Petrobras SA (Petrobras) advanced 2.35% to end the trading session at $19.57, outperforming the S&P 500 that gained 0.33% over the same trading session. Petrobras' stock opened the session at $19.49 and oscillated in the range of $19.00 - $19.74, creating a new 52-week high of $19.74. Over the past three trading sessions, the stock has gained 7.35% compared to S&P 500 that gained 0.17% over the same period of time. The full research reports on Petrobras are available to download free of charge at:

http://www.analystsreview.com/Sep-04-2014/PBR/report.pdf

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Alcoa Inc. Research Reports
On August 25, 2014, Alcoa Inc. (Alcoa) announced that the Company is planning permanent closure of its Portovesme (Carbonia-Iglesias, Italy) primary aluminum smelter, after it was curtailed in November 2012. The Company stated that the smelter was curtailed because it was one of the highest cost smelters in the Alcoa system with limited prospects for becoming competitive. Alcoa added that the closure will lower its global smelting capacity by 150,000 metric tons to 3.6 million metric tons per year. The Company is expected to report a restructuring charge in the range of $170 - $180 million after-tax related to this closure in its Q3 2014 earnings. Bob Wilt, President, Alcoa Global Primary Products, said, "The fundamental reasons that made the Portovesme smelter uncompetitive unfortunately have not changed. We will continue to meet the commitments made to our employees and our stakeholders, acting in good faith as we have always done." The full research reports on Alcoa are available to download free of charge at:

http://www.analystsreview.com/Sep-04-2014/AA/report.pdf

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Seadrill Ltd. Research Reports
On August 27, 2014, Seadrill Ltd. (Seadrill) released its Q2 2014 and H1 2014 earnings. The Company reported Q2 2014 total operating revenues of $1.2 billion, down 3.6% YoY. The Company's Q2 2014 net income attributable to the parent came in at $605 million or $1.24 per diluted share, compared to net income of $1.7 billion or $3.53 per diluted share in Q2 2013. The Company's Q2 2013 results included a gain of $1.3 billion on sale of tender rig business. Analysts polled by Thomson Reuters expected the company to report Q2 2014 EPS of $0.74 per share (excluding special items) on revenues of $1.3 billion. The Company's H1 2014 total operating revenues declined 3.6% YoY to $2.4 billion, while net income attributable to parent stood at $3.7 billion, up 72.0% YoY. The full research reports on Seadrill are available to download free of charge at:

http://www.analystsreview.com/Sep-04-2014/SDRL/report.pdf

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Noble Energy, Inc. Research Reports
On August 28, 2014, Noble Energy, Inc. (Noble Energy) announced the results of drilling at the Katmai exploration well and the Dantzler appraisal well in the deepwater Gulf of Mexico. The Company informed that at Katmai, wireline logging data indicates a total of 154 net feet of crude oil pay was discovered in multiple reservoirs, including 117 net feet in Middle Miocene and 37 net feet in Lower Miocene reservoirs. The total gross resources at Katmai are expected at between 40 and 100 million barrels of oil equivalent, including 40 to 60 million barrels of oil equivalent discovered from this initial well. Further, the Dantzler-2 appraisal well, located in Mississippi Canyon 782, encountered 122 net feet of crude oil pay in two high-quality Miocene reservoirs. The Company stated that gross resources at Dantzler have increased to 65 -100 million barrels of oil equivalent. The full research reports on Noble Energy are available to download free of charge at:

http://www.analystsreview.com/Sep-04-2014/NBL/report.pdf

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Whiting Petroleum Corp. Research Reports
On August 29, 2014, Whiting Petroleum Corp.'s (Whiting Petroleum) stock gained 2.66% to end the trading session at $92.66, reversing the loss made in previous trading session. Whiting Petroleum's stock opened the session at $91.02 and fluctuated between intra-day low of $90.31 and intra-day high of $92.92, which was also the new 52-week high of the stock. Over the past one month, the stock has returned 5.58% outperforming the Dow Jones Industrial Average that returned 1.29% over the same period of time. In its latest quarterly results, the Company reported total revenues and other income of $835.6 million, up 25.9% YoY and net income attributable to common shareholders of $151.4 million, up 12.4% YoY. The full research reports on Whiting Petroleum are available to download free of charge at:

http://www.analystsreview.com/Sep-04-2014/WLL/report.pdf

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EDITOR'S NOTES:
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1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

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