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Awaited Final Judgments, Stock Movements, Upgraded Ratings, and Senior Management Changes - Research Report on Anadarko, Occidental, Chesapeake, Continental, and Oasis


News provided by

Analysts' Corner

Dec 18, 2013, 08:00 ET

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NEW YORK, December 18, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting Anadarko Petroleum Corporation (NYSE: APC), Occidental Petroleum Corporation (NYSE: OXY), Chesapeake Energy Corporation (NYSE: CHK), Continental Resources Inc. (NYSE: CLR), and Oasis Petroleum Inc. (NYSE: OAS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Anadarko Petroleum Corporation Research Report

On December 12, 2013, Anadarko Petroleum Corporation (Anadarko) released the following statement through its Chairman, President and CEO, Al Walker, regarding Tronox Adversary Proceeding in response to an interim Memorandum of Opinion from the United States Bankruptcy Court, Southern District of New York: "Given the significant factual evidence supporting our position, we vehemently disagree with the Judge's Memorandum of Opinion, and we fully expect to pursue every avenue available to us through the appellate process to protect the interests of our stakeholders, once a final judgment including damages has been rendered." The Company added that this interim Memorandum of Opinion is not a final judgment, and the court has ordered the parties to submit further briefing over the next 60 days and invited oral argument. According to Anadarko, the Court is expected to give a judgment after the process concludes, which will then be subject to appeal. The Full Research Report on Anadarko Petroleum Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.AnalystsCorner.com/r/full_research_report/308b_APC

--

Occidental Petroleum Corporation Research Report

On December 13, 2013, Occidental Petroleum Corporation's (Occidental) stock declined 0.14%, ending the day at $91.11. Over the previous three trading sessions, shares of Occidental declined 1.49%, compared to the Dow Jones Industrial Average which went down 1.36% during the same period. The Full Research Report on Occidental Petroleum Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.AnalystsCorner.com/r/full_research_report/8cf8_OXY

--

Chesapeake Energy Corporation Research Report

On December 13, 2013, Chesapeake Energy Corporation's (Chesapeake) stock increased 1.01%, ending the day at $27.00. Shares of Chesapeake increased 0.71% over the previous three trading sessions, compared to the Dow Jones Industrial Average which declined 1.36% during the same period. The Full Research Report on Chesapeake Energy Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.AnalystsCorner.com/r/full_research_report/fca8_CHK

--

Continental Resources Inc. Research Report

On December 13, 2013, Continental Resources Inc. (Continental) announced that Moody's Investor Services (Moody's) has upgraded the Company to investment grade, by increasing its senior unsecured rating to Baa3 from Ba2. John D. Hart, Continental's CFO, said, "We are pleased to have Moody's recognize Continental as an investment grade credit. The Company has experienced significant growth with our success in the development of the Bakken and most recently the SCOOP play. The asset base has delivered and continues to provide exceptional returns and cash margins, which enable us to execute our growth plans. Our growth has been matched with a disciplined capital sourcing approach enabling a strong credit profile. This upgrade to investment grade is yet another step forward in delivering a strong and flexible balance sheet as part of our 5 year plan. Congratulations to our entire team." The Full Research Report on Continental Resources Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.AnalystsCorner.com/r/full_research_report/6db9_CLR

--

Oasis Petroleum Inc. Research Report

On December 10, 2013, Oasis Petroleum Inc. (Oasis) announced several senior management promotions and changes for structuring the management team for growth and implementing its resource conversion strategy in the Williston Basin. The Company stated that the changes will take effect on January 1, 2014. Management changes announced by the Oasis include: Taylor L. Reid was named President and Chief Operating Officer, while continuing to serve as a director on Oasis' Board of Directors; Niko Lorentzatos was named Executive Vice President and General Counsel; Brett Newton was named Senior Vice President Asset Management and Chief Engineer; Tom Hawkins was named Senior Vice President Land; Robin Hesketh was named Senior Vice President Operations; Greg Hills was named Senior Vice President Marketing and Midstream; and Richard Robuck was named Vice President Finance and Treasurer. Commenting on the changes, Tommy Nusz, Oasis' Chairman and CEO stated, "Taylor and I began working together in 1986, we founded Oasis together and he has proven himself to be one of the most capable executives in the oil and gas industry. His contribution to Oasis has been invaluable. The rest of this group has been with the Company since at least 2010, the year we took Oasis public, and we expect them and the rest of our senior management team to carry on the momentum we have established." The Full Research Report on Oasis Petroleum Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.AnalystsCorner.com/r/full_research_report/1e6a_OAS

----

EDITOR 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 fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. 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 [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] 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 Equity News Network. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network 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

Equity News Network 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

Equity News Network 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 Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network 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' Corner

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