Upcoming Earnings and Conference Call Schedules, Acquisitions, Share Price Movements, and Analyst Meetings - Analyst Notes on Chevron, Schlumberger, Halliburton, ConocoPhillips, and Valero
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NEW YORK, April 8, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Chevron Corporation (NYSE: CVX), Schlumberger Limited (NYSE: SLB), Halliburton Company (NYSE: HAL), ConocoPhillips (NYSE: COP), 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/register
Chevron Corporation Analyst Notes
On April 2, 2014, Chevron Corporation (Chevron) announced that the Company will hold its Q1 2014 earnings conference call on May 2, 2014 at 11:00 a.m. ET (8:00 a.m. PT). According to Zacks Investment Research data, the consensus EPS forecast for Q1 2014 is $2.74. Hurt by lower output and weak refining margins, the Company had reported a decline of 31.9% YoY in its net profit for Q4 2013. The Company's production during the quarter fell 3% YoY, while revenues at $56.2 billion also missed analysts' expectations. Chevron announced a $39.8 billion capital program for 2014 on new oil and natural gas projects to lift its production. The full analyst notes on Chevron Corporation are available to download free of charge at:
http://www.AnalystsReview.com/04082014/CVX/report.pdf
Schlumberger Limited Analyst Notes
On March 31, 2014, Schlumberger Limited (Schlumberger) announced that the Company has acquired Rock Deformation Research (RDR), a UK-based company that specializes in geological software development and structural geology consultancy for the oil and gas industry. According to the Company, RDR's Structural and Fault Analysis module, by integrating with the Petrel E&P software platform and Studio E&P knowledge environment, provides users with tools to reduce risk and assess the uncertainty, while Studio Advisor enables Petrel platform users in process standardization and competency development. Commenting on the acquisition, Uwem Ukpong, President, Schlumberger Information Solutions, said, "The acquisition of RDR will allow us to provide our customers with an integrated solution to address fault and structural geological exploration and development challenges." The full analyst notes on Schlumberger Limited are available to download free of charge at:
http://www.AnalystsReview.com/04082014/SLB/report.pdf
Halliburton Company Analyst Notes
On April 3, 2014, Halliburton Company's (Halliburton) stock declined 0.22% to end the trading session at $59.80, in line with the weakness in broad market indexes. The U.S. markets ended lower amid continued slump in biotech and momentum stocks and amid uncertainty ahead of the nonfarm payrolls report. Halliburton's stock opened the trading session at $59.82 and oscillated in the range of $59.50 - $60.30, thereby creating a 52-week high of $60.30. Over the past one month, the stock has returned 6.07%, outperforming the S&P 500 Index that returned 2.33% during the same period. The full analyst notes on Halliburton Company are available to download free of charge at:
http://www.AnalystsReview.com/04082014/HAL/report.pdf
ConocoPhillips Analyst Notes
On March 31, 2014, ConocoPhillips (ConocoPhillips) announced that the Company will hold its 2014 Analyst Meeting on April 10, 2014, at 9:00 a.m. EDT, in New York City. The Company informed that during the meeting ConocoPhillips executives, including Chairman and CEO Ryan Lance, will present an overview of the Company's business strategy, updates on key programs and projects, and plans to continue delivering production and margin growth. The full analyst notes on ConocoPhillips are available to download free of charge at:
http://www.AnalystsReview.com/04082014/COP/report.pdf
Valero Energy Corporation Analyst Notes
On April 1, 2014, Valero Energy Corporation (Valero) announced that the Company plans to release its Q1 2014 results on April 29, 2014. Following the earnings release, the Company will hold a conference call at 10:00 a.m. CT to discuss the earnings. According to Zacks Investment Research data, the consensus EPS forecast for Q1 2014 is $1.42, which is above its Q1 2013 diluted EPS of $1.18. Valero is an independent petroleum refining and marketing company. The full analyst notes on Valero Energy Corporation are available to download free of charge at:
http://www.AnalystsReview.com/04082014/VLO/report.pdf
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