Agreements, Presentations, Leadership Changes, and Appointments - Analyst Notes on Exxon, MPC, EOG, Pioneer and Devon

NEW YORK, May 27, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Exxon Mobil Corporation (NYSE: XOM), Marathon Petroleum Corporation (NYSE: MPC), EOG Resources, Inc. (NYSE: EOG), Pioneer Natural Resources Co. (NYSE: PXD) and Devon Energy Corporation (NYSE: DVN). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2957-100free.

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Exxon Mobil Corporation Analyst Notes
On May 21, 2014, Exxon Mobil Corporation (Exxon) announced that it has implemented an agreement with LINN Energy, LLC (LINN Energy) to add nearly 26,000 acres to its U.S. oil and natural gas portfolio managed by its subsidiary XTO Energy Inc (XTO). Exxon stated that, XTO will receive 25,000 net acres in the northern Midland core area and another 1,000 net acres in the New Mexico Delaware Basin. According to the Company, the agreement was done through a non-monetary exchange, wherein LINN Energy will receive a portion of XTO's interest in the Hugoton gas field in Kansas and Oklahoma. Randy Cleveland, President, XTO, said, "With this agreement and our previously announced transaction with Endeavor Energy Resources, we will increase our operated position in the Midland Basin Wolfcamp core to roughly 100,000 net acres and our total position in the basin to 300,000 net acres." The full analyst notes on Exxon are available to download free of charge at:

http://www.analystsreview.com/2957-XOM-27May2014.pdf

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Marathon Petroleum Corporation Analyst Notes
On May 22, 2014, Marathon Petroleum Corporation (MPC) announced that Speedway LLC, its subsidiary, has signed a definitive agreement with Hess Corporation to acquire Hess Retail Holdings LLC (Hess Retail), incorporating all of Hess' retail locations, transport operations, shipper history on various pipelines, including nearly 40,000 barrels per day (bpd) on Colonial Pipeline. MPC stated that the transaction has a total consideration of c.$2.87 billion, which comprised of a cash purchase price of $2.37 billion, an estimated $230 million of working capital and $274 million of capital leases. According to the Company, the acquisition is expected to be funded with a combination of debt and available cash and is anticipated close late in Q3 2014, subject to customary closing conditions and regulatory approvals. The full analyst notes on MPC are available to download free of charge at:

http://www.analystsreview.com/2957-MPC-27May2014.pdf

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EOG Resources, Inc. Analyst Notes
On May 21, 2014, EOG Resources, Inc. (EOG) announced that its Chairman and CEO, William R.Thomas will present at the Sanford C. Bernstein Strategic Decisions Conference on Thursday, May 29, 2014 at 3:00 p.m. Eastern time (2:00 p.m. CT). According to the Company, a live webcast of the presentation, its replay until June 27, 2014, as well as the accompanying slides for the conference, will be available on EOG website. The full analyst notes on EOG are available to download free of charge at:

http://www.analystsreview.com/2957-EOG-27May2014.pdf

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Pioneer Natural Resources Co. Analyst Notes
On May 22, 2014, Pioneer Natural Resources Co. (Pioneer) announced that its President and Chief Operating Officer, Tim Dove will participate in a panel discussion about the Permian Basin at The RBC Capital Markets' Energy and Power Conference on Tuesday, June 3, 2014 at 1:05 p.m. ET. Pioneer informed that a live webcast of the panel discussion will be available on the Company's website. The full analyst notes on Pioneer are available to download free of charge at:

http://www.analystsreview.com/2957-PXD-27May2014.pdf

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Devon Energy Corporation Analyst Notes
On May 16, 2014, Devon Energy Corporation (Devon) announced that Vince White, it's Senior Vice President, Communications and Investor Relations is scheduled to retire on August 8, 2014. The Company informed that Howard J. Thill has joined Devon as Mr. White's successor. John Richels, Devon's President and CEO said, "Vince's leadership of our investor relations and communications programs has been outstanding in every respect, with an uncompromised commitment to integrity," He added, "Howard brings to Devon deep knowledge borne of extensive and varied experience in our industry. We look forward to his contributions as we continue to navigate the opportunities before us." The full analyst notes on Devon are available to download free of charge at:

http://www.analystsreview.com/2957-DVN-27May2014.pdf

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