Upcoming Earnings, Conference Call Schedules, and Stock Price Movements - Analyst Notes on Cimarex, Praxair, Oasis Petroleum, Concho and Occidental Petroleum
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, April 22, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Cimarex Energy Co. (NYSE: XEC), Praxair Inc. (NYSE: PX), Oasis Petroleum Inc. (NYSE: OAS), Concho Resources Inc. (NYSE: CXO) and Occidental Petroleum Corporation (NYSE: OXY). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1397-100free.
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Cimarex Energy Co. Analyst Notes
On April 7, 2014, Cimarex Energy Co. (Cimarex) announced that the Company plans to release its Q1 2014 financial and operating earnings on May 7, 2014, before the opening of the market. Following the earnings release, the Company will hold a conference call at 1:00 p.m. EST. According to Zacks Investment Research data, the consensus EPS forecast for Q1 2014 is $1.46. Denver-based Cimarex is an independent oil and gas exploration and production company with principal operations in the Mid-Continent and Permian Basin areas of the U.S. The full analyst notes on Cimarex are available to download free of charge at:
http://www.analystsreview.com/1397-XEC-22Apr2014.pdf
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Praxair Inc. Analyst Notes
On April 16, 2014, Praxair Inc.'s (Praxair) stock moved up 1.83% to end the trading session at $131.55, extending its gain for the third consecutive session. The rise in Praxair's stock was in line with the broader market indices, which moved up after Federal Reserve Chair Janet Yellen reaffirmed Fed's commitment to keeping interest rates low. Praxair's stock opened the session at $130.16 and vacillated between $129.77 and $131.68. The stock is trading near its 52-week high of $135.24. Over the past six months, the stock has returned 5.75%, underperforming the S&P 500 Index that gained 7.45% over the same period. The full analyst notes on Praxair are available to download free of charge at:
http://www.analystsreview.com/1397-PX-22Apr2014.pdf
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Oasis Petroleum Inc. Analyst Notes
On April 15, 2014, Exploration & Production Company Oasis Petroleum Inc. (Oasis Petroleum) announced that the Company plans to release its Q1 2014 earnings on May 5, 2014, after the close of trading session on the NYSE. On the following day, the Company will host a conference call at 10:00 a.m. CT to discuss the financial results. According to Zacks Investment Research data, the consensus EPS forecast for Q1 2014 is $0.64. The Company reported strong Q4 2013 total revenues of $333.6 million, up 55.7% YoY, while the net income per diluted share came in at $0.57. The full analyst notes on Oasis Petroleum are available to download free of charge at:
http://www.analystsreview.com/1397-OAS-22Apr2014.pdf
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Concho Resources Inc. Analyst Notes
On April 16, 2014, shares in Concho Resources Inc. (Concho) ended the trading session at $131.97, up 1.74%, outperforming the Dow Jones Industrial Average (DJIA) which gained 1% over the same day. Shares in Concho opened the session at $131.31 and fluctuated in the range of $130.39 - $132.66, thereby creating a new 52-week high of $132.66. Over the past three months, the stock has gained 32.50%, outperforming the DJIA which lost 0.20% over the same time period. The Company will release its Q1 2014 earnings on May 12, 2014, before market opening. The full analyst notes on Concho are available to download free of charge at:
http://www.analystsreview.com/1397-CXO-22Apr2014.pdf
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Occidental Petroleum Corporation Analyst Notes
On April 14, 2014, Occidental Petroleum Corporation (Occidental Petroleum) announced that the Company plans to release its Q1 2014 earnings on May 5, 2014. Following the earnings release, the Company will hold a conference call at 10:00 a.m. ET on the same day. According to Zacks Investment Research data, the consensus EPS forecast for Q1 2014 is $1.71. The Company reported Q4 2013 net sales of $6.2 billion, flat on a year-on-year basis, and net income per diluted share of $2.04. Q4 2013 pro forma earnings were $1.72 per share, beating the Zacks consensus estimate by 1.8%. The full analyst notes on Occidental Petroleum are available to download free of charge at:
http://www.analystsreview.com/1397-OXY-22Apr2014.pdf
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