NEW YORK, December 19, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting ExxonMobil Corporation (NYSE: XOM), Goodrich Petroleum Corp. (NYSE: GDP), Laredo Petroleum Holdings, Inc. (NYSE: LPI), Talisman Energy Inc. (NYSE: TLM) and National Fuel Gas Co. (NYSE: NFG). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
ExxonMobil Corporation Research Report
On December 12, 2013, ExxonMobil Corporation (ExxonMobil) released its Outlook for Energy: A View to 2040. According to the report, the world will require all forms of energy over the next quarter century to meet a greater than one-third increase in demand that will be driven by population growth, improved living standards and expanded urbanization. Rex W. Tillerson, Chairman and CEO of ExxonMobil, commented, "Understanding global energy trends is absolutely critical for effective energy policy. The world depends on safe, reliable and affordable energy development to support economic growth and our modern way of life." According to its annual forecast, ExxonMobil projected that future energy needs - expected to be about 35% higher in 2040 than 2010 - will be 'supported by more efficient energy-saving practices and technologies, increased use of less-carbon-intensive fuels' like natural gas, nuclear and renewables as well as the continued improvement of technology advances to produce new energy sources. The Full Research Report on Exxon Mobil Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Goodrich Petroleum Corp. Research Report
On December 16, 2013, Goodrich Petroleum Corp.'s (Goodrich) stock declined 4.55%, ending the day at $15.93. Over the previous three trading sessions, shares of Goodrich declined 1.73%, compared to the Dow Jones Industrial Average which increased 0.26% during the same period. The Full Research Report on Goodrich Petroleum Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Laredo Petroleum Holdings, Inc. Research Report
On December 9, 2013, Laredo Petroleum Holdings, Inc. (Laredo) announced that its Board of Directors authorized a $1 billion capital budget for 2014, excluding acquisitions. Laredo said that an estimated 84% of the capital budget is focused on drilling and completion activities, approximately 13% for facilities and 3% for land, seismic and other capital. Randy A. Foutch, Laredo's Chairman and CEO, commented, "We are now moving into full-scale development of our Permian-Garden City asset. Laredo's expected activities for 2014 represent the culmination of the process we put forward in 2012 to confirm a significant portion of our acreage for horizontal development from multiple zones and the optimal spacing, both vertically and horizontally, of the laterals. With the success of these programs, we are now beginning to implement our multi-zone development plan by building out several production corridors to support more efficient, multi-well pad development." The Full Research Report on Laredo Petroleum Holdings, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Talisman Energy Inc. Research Report
On December 10, 2013, Talisman Energy Inc. (Talisman) announced that two of its affiliates have reached an agreement to sell their estimated 12% equity interest in the Ocensa Pipeline in Colombia to an investment group led by Advent International for a total cash consideration of approximately $595 million. Hal Kvisle, President and CEO of Talisman, commented, "In March, I set a $2-3 billion, 18-month disposition target for Talisman. In November, we announced the sale of the majority of our Montney position for CDN$1.5 billion, which when combined with some small Canadian assets and our equity interest in the Ocensa pipeline, brings our sale proceeds to approximately $2.2 billion. We will use these to reduce debt and strengthen our balance sheet, and will continue to progress additional opportunities to unlock value. These transactions provide strong momentum going into 2014, where we will continue to focus on our two core regions, our four strategic priorities, and on creating sustainable shareholder value. Through this transaction, we have unlocked net value from our portfolio and retained our crude transportation rights. This enables us to maintain our competitive advantage by transporting oil from our own operations and generating third party revenue from any surplus capacity." The Full Research Report on Talisman Energy Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
National Fuel Gas Co. Research Report
On December 10, 2013, National Fuel Gas Co. (National Fuel) reported that its Board of Directors has authorized the payment of a regular quarterly dividend of 37.5 cents per share on the Company's common stock. According to the Company, shareholders of record at the close of business on December 31, 2013 will be paid the dividends on January 15, 2014. The Full Research Report on National Fuel Gas Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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