Upcoming Conferences, Technical Updates, Financial Results, and Dividends - Research Reports on Phillips 66, Praxair, Rockwood, Pioneer and Marathon
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, August 25, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Phillips 66 (NYSE: PSX), Praxair, Inc. (NYSE: PX), Rockwood Holdings, Inc. (NYSE: ROC), Pioneer Natural Resources (NYSE: PXD) and Marathon Oil Corporation (NYSE: MRO). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5935-100free.
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Phillips 66 Research Reports
On August 20, 2014, Phillips 66 (Phillips 66) announced its Chairman and CEO Greg Garland will present at the upcoming 2014 Barclays CEO Energy-Power Conference in New York on September 3, 2014 at 9:45 a.m. EDT. The Company stated that during the conference, Greg will discuss its strategy, including performance in executing its Midstream growth plan. The webcast of the presentation and replay of the same will be available on the Company's website under in the Investors section. The full research reports on Phillips 66 are available to download free of charge at:
http://www.analystsreview.com/Aug-25-2014/PSX/report.pdf
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Praxair, Inc. Research Reports
On August 20, 2014, Praxair, Inc.'s (Praxair) stock ended the day 0.12% lower at $130.43, underperforming the Dow Jones Industrial Average (DJI) that gained 0.35% over the same trading session. Shares in Praxair opened the session at $130.56 and oscillated in the range of $129.43 - $130.56. The stock is trading near is 52-week high of $135.24. Over the past six months, the stock has returned 1.84%. The shares of the Company are trading above their 50-day and 200-day moving averages of $130.29 and $130.06. The full research reports on Praxair are available to download free of charge at:
http://www.analystsreview.com/Aug-25-2014/PX/report.pdf
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Rockwood Holdings, Inc. Research Reports
On August 6, 2014, Rockwood Holdings, Inc. (Rockwood) reported Q2 2014 net sales of $362.3 million, up 4.1% YoY. During the quarter, the Company's Lithium sales declined 7.2% YoY to $116.7 million due to lower volumes from organometallic products, driven mostly by butyllithium, and a 26% YoY decline in potash sales, mainly volumes. However, surface treatment revenues improved 10.8% YoY to $242.3 million primarily due to increased volumes in most markets, particularly driven by higher automotive OEM and automotive components, coil and cold forming, general industry and aerospace applications, the impact of the acquisition of the remaining 50% interest in a previously unconsolidated joint venture in India in 2013; and higher selling prices. The Company's Q2 2014 net income attributable to Rockwood stockholders came in at $46.7 million or $0.64 per diluted share, compared to $31.1 million or $0.39 per diluted share in Q2 2013. On average, seven analysts polled by Thomson Reuters, expected the Company to report Q2 2014 EPS of $0.49 on revenues of $370.03 million. The Company reported H1 2014 net sales of $716.8 million, up 4.6% YoY, while net income attributable to Rockwood stockholders stood at $25.9 million, down 47.0% YoY. The full research reports on Rockwood are available to download free of charge at:
http://www.analystsreview.com/Aug-25-2014/ROC/report.pdf
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Pioneer Natural Resources Research Reports
On August 20, 2014, Pioneer Natural Resources announced that its Board of Directors has declared a cash dividend of $0.04 per share on the Company's outstanding common stock, payable on October 10, 2014 to stockholders of record at the close of business on September 30, 2014. The full research reports on Pioneer are available to download free of charge at:
http://www.analystsreview.com/Aug-25-2014/PXD/report.pdf
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Marathon Oil Corporation Research Reports
On August 4, 2014, Marathon Oil Corporation (Marathon) reported Q2 2014 financial results with total revenues and other income of $2.9 billion, down 1.6% YoY. During the quarter, the Company's net sales volumes declined 8.3% YoY to 464 mboed (million barrels oil equivalent per day). Net income came in at $540 million or $0.80 per diluted share, compared to net income of $426 million or $0.60 per diluted share in Q2 2013. According to 23 analysts polled by Thomson Reuters, the Company was expected to report Q2 2014 EPS of $0.75 on revenues of $3.40 billion. Marathon's H1 2014 total revenue and other income declined 5.2% YoY to $5.8 billion, while net income stood at $1,689 million versus $809 million in H1 2013. The full research reports on Marathon are available to download free of charge at:
http://www.analystsreview.com/Aug-25-2014/MRO/report.pdf
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EDITOR'S NOTES:
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