Third Quarter 2014 Results, Market Activity, and Stock Rating - Research Reports on Emerge Energy, Cimarex Energy, Suncor, Range and Concho

NEW YORK, November 6, 2014 /PRNewswire/ --

Today, Analysts Review released its research reports regarding Emerge Energy Services LP (NYSE: EMES), Cimarex Energy Co. (NYSE: XEC), Suncor Energy Inc. (NYSE: SU), Range Resources Corporation (NYSE: RRC) and Concho Resources, Inc. (NYSE: CXO). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7757-100free.

--
Emerge Energy Services LP Research Reports
On October 30, 2014, Emerge Energy Services LP (Emerge Energy) reported its Q3 2014 results. The revenue for the quarter came in at $296.3 million, up 9.7% YoY. Revenue from the fuel segment contributed 67.7% to the total revenues as compared to 82.4% contribution in Q3 2013. For Q3 2014, the Company sold 67 million gallons of refined fuel, compared to 70 million gallons for Q3 2013 and 1,146 thousand tons of sand, compared to 734 thousand tons in Q3 2013. Rick Shearer, CEO of Emerge Energy, said, "Demand for frac sand continues to be as strong as we have ever seen it, especially in the North American markets we serve, despite the relative downturn in crude oil prices. We now have 8.2 million tons of sand under contract with an average remaining term of 4.2 years." The net income for the quarter was $26.1 million, up 69.3% YoY with diluted EPS of $1.08, up 68.8% YoY. The full research reports on Emerge Energy are available to download free of charge at:

http://www.analystsreview.com/Nov-06-2014/EMES/report.pdf

--
Cimarex Energy Co. Research Reports
On November 3, 2014, Cimarex Energy Co.'s (Cimarex Energy) stock declined 2.87% and ended the day at $110.41 after oscillating between $109.88 and $116.50. Moreover, Cimarex Energy's shares closed below the 50-day and 200-day moving averages of $124.29 and $124.44, respectively. The NYSE traded shares of Cimarex Energy, an American company engaged in oil and gas exploration and production, underperformed the S&P 500 Energy Index, which ended the session 1.74% lower at 630.16. The 14 day Relative Strength Index (RSI) of the Company was 43.84. The full research reports on Cimarex Energy are available to download free of charge at:

http://www.analystsreview.com/Nov-06-2014/XEC/report.pdf

--
Suncor Energy Inc. Research Reports
On October 29, 2014, Suncor Energy Inc. (Suncor) posted its results for Q3 2014. The Company's operating earnings were $1.3 billion, down 8.4% YoY, mainly due to lower production volumes in Exploration and Production and lower upstream price realizations, consistent with a decrease in benchmark prices. The Net earnings for quarter were $919 million, down 45.7% YoY, which included an after-tax gain of $61 million on the disposal of the Wilson Creek assets in Exploration and Production, offset by a $54 million income tax and interest charge related to a prior period in Oil Sands. Steve Williams, President and CEO of Suncor, said, "Our focused strategy, integrated model and strong balance sheet are competitive strengths that will continue to serve us well through the current lower crude price environment." The full research reports on Suncor are available to download free of charge at:

http://www.analystsreview.com/Nov-06-2014/SU/report.pdf

--
Range Resources Corporation Research Reports
On October 29, 2014, Range Resources Corporation (Range) reported its Q3 2014 results. The total revenues and other income for the quarter were reported as $616.6 million, up 39.5% YoY with diluted EPS of $0.86 as compared to $0.12 in Q3 2013. During the quarter, total unit costs improved by $0.36 per mcfe or 10% YoY, with the largest decreases in interest expense, production and ad valorem taxes and depreciation, depletion and amortization expense. Q3 2014 average natural gas realized price before hedging settlements was $3.34; while Crude oil and condensate price realizations, before financial hedges averaged $81.34 per barrel. Jeff Ventura, Range's President and CEO, said, "Range set a record production level this quarter of over 1.2 Bcfe per day net to Range, driven by the Marcellus." The full research reports on Range are available to download free of charge at:

http://www.analystsreview.com/Nov-06-2014/RRC/report.pdf

--
Concho Resources, Inc. Research Reports
On November 3, 2014, TheStreet reported that it has downgraded Concho Resources, Inc. (Concho) from 'Buy' to 'Hold' with a ratings score of C+. Following the rating, the stock ended the day at $106.44, 2.38% lower than its previous day closing price of $109.03. After opening at $109.80 the stock oscillated between $106.21 and $112.56 with 1.72 million shares changing hands. As of November 3, 2014, the stock had a market capitalization of $12,022.48 million with beta of 1.54. The full research reports on Concho are available to download free of charge at:

http://www.analystsreview.com/Nov-06-2014/CXO/report.pdf

--
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.


===============
EDITOR'S NOTES:
===============

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.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.

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, represented by Rohit Tuli, CFA. An outsourced research services provider 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.

NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Analysts Review

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED