Dividends, Upstream Deals, Joint Ventures, M&As, and Amendments Highlight Value for Oil & Gas Investors - Research Report on ConocoPhillips, BP, Statoil, EQT Midstream Partners, and Eni

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

Today, Investors' Reports announced new research reports highlighting ConocoPhillips (NYSE: COP), BP plc (NYSE: BP), Statoil ASA (NYSE: STO), EQT Midstream Partners, LP (NYSE: EQM), and Eni SpA (NYSE: E). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

ConocoPhillips Research Report

On July 11, 2013, ConocoPhillips announced that its Board of Directors has increased its quarterly dividend by 4.5% to $0.69 per share, payable on September 3, 2013 to shareholders of record at the close of the business on July 22, 2013. Ryan Lance, Chairman and CEO of ConocoPhillips, stated, "A compelling dividend is a key part of our offering to shareholders and this increase is aligned with our commitment to target consistent dividend growth over time." Lance added, "Our base business is operating to plan, our development programs and major projects are on track to deliver production and margin growth, and our asset disposition program is advancing as expected. Our diverse asset base, significant technical capability and strong balance sheet provide confidence in ConocoPhillips' future and the ability to execute our plans for growth and returns." The Full Research Report on ConocoPhillips - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-07-16/COP]

--

BP plc Research Report

On July 15, 2013, BP plc (BP) announced that it has completed a deal with Petróleo Brasileiro S.A. (Petrobras) to farm-in to five deepwater exploration and production concessions operated by Petrobras in the Potiguar Basin located in the Brazilian Equatorial Margin. BP reported that BP Energy do Brasil Ltda. will take a 30% interest in blocks POT-M-663 and POT-M-760 (contract BM-POT-16), and a 40% interest in blocks POT-M-665, POT-M-853, and POT-M-855 (contract BM-POT-17), subject to regulatory approvals. Guillermo Quintero, President of BP Brazil, commented, "This is another step in building our presence in Brazil. Since first gaining interests in 10 blocks with our purchase of Devon Energy do Brasil in 2011, we have now expanded our upstream portfolio to interests in 27 blocks in 7 basins, which includes the largest deep-water exploration portfolio held by an international oil company in Brazil."

The Full Research Report on BP plc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-07-16/BP]

--

Statoil ASA Research Report

On July 4, 2013, Statoil ASA (Statoil) reported that the Company and its partners have made the investment decision for a joint oil export solution for the Edvard Grieg and Ivar Aasen fields. Statoil also reported that the oil will be transported via a 43-kilometre oil pipeline from Edvard Grieg to the Grane oil pipeline, and then on to Sture. Martin Anfinnsen, Senior Vice President for Trade with Crude Oil, Wet Gas, and Refined Products at Statoil, said, "We are an important player in the Sleipner and Utsira area, and are therefore concerned with robust solutions that provide the possibility of expanded activities in the area in the future." Torger Rød, Senior Vice President for Pipelines and Onshore Projects at Statoil, added, "Good cooperation and close coordination with other projects in Statoil, as well as close follow-up of the primary suppliers are important success criteria, where, among other things, we have achieved synergies as regards the pipeline installation job." The Full Research Report on Statoil ASA - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-07-16/STO]

--

EQT Midstream Partners, LP Research Report

On July 15, 2013, EQT Midstream Partners, LP (EQT Midstream Partners) and EQT Corporation (EQT) jointly announced that EQT Midstream Partners has agreed to acquire EQT Corporation's wholly owned subsidiary, Sunrise Pipeline, LLC (Sunrise), for $507.5 million in cash and $32.5 million of common and general partners units. The Company reported that it has also agreed to pay additional consideration of $110 million to EQT upon the effectiveness of a new transportation agreement with a third-party that the Partnership expects to become effective post-closing. Further, EQT Midstream Partners announced a $0.40 cash distribution per unit for Q2 2013, an increase of 8% QoQ. The Full Research Report on EQT Midstream Partners, LP - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-07-16/EQM]

--

Eni SpA Research Report

On July 15, 2013, Eni SpA (Eni) reported that it has signed an amendment with South Oil Company and the Iraqi Ministry of Oil related to the Technical Service Contract for the development of the Zubair Oil Field. Eni reported that the Amendment sets a new production target of 850,000 barrels of oil per day and extends the duration of the Technical Service Contract for an additional five years, until 2035. The Company stated that the Amendment to the Technical Service Contract came after constructive discussions between the Company and the Iraqi authorities. The Company added that the amendment represents a tangible sign of the positive mutual co-operation on the development of the Field. The Full Research Report on Eni SpA - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-07-16/E]

----

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 a CFA. 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 has, through Chartered Financial Analysts, 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.

SOURCE Investors' Reports