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Expansions, Well Count, Stock Price Movement, New Facility Launch, and Production Resumption - Research Report on ExxonMobil, Schlumberger, Baker Hughes, Halliburton, and Statoil

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


News provided by

Analysts' Corner

Jan 15, 2014, 08:00 ET

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NEW YORK, January 15, 2014 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Exxon Mobil Corporation (NYSE: XOM), Schlumberger Limited (NYSE: SLB), Baker Hughes Incorporated (NYSE: BHI), Halliburton Company (NYSE: HAL), and Statoil ASA (NYSE: STO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Exxon Mobil Corporation Research Report

On January 7, 2014, Exxon Mobil Corporation (ExxonMobil) reported reinforcement of its long-term supply commitment to the fast-growing Asia-Pacific market at an event celebrating the expansion of its Singapore chemical production facility. Rex W. Tillerson, ExxonMobil's Chairman and CEO, stated, "Two-thirds of that growth in chemical demand will be here in the Asia-Pacific region. ExxonMobil's expanded Singapore chemical plant is uniquely positioned to serve these growth markets - from China to the Indian subcontinent and beyond." ExxonMobil also reported that its expansion project doubled the size of its finished product capacity in Singapore, making it the largest chemical expansion in the Company's history. 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:

http://www.AnalystsCorner.com/r/full_research_report/36c4_XOM

Schlumberger Limited Research Report

On January 10, 2014, Schlumberger Limited's (Schlumberger) stock advanced 1.95%, ending the day at $88.17. Over the previous three trading sessions, shares of Schlumberger increased 0.75%, compared to the S&P 500 Index which increased 0.24% during the same period. The Full Research Report on Schlumberger Limited - 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/127c_SLB

Baker Hughes Incorporated Research Report

On January 10, 2014, Baker Hughes Incorporated (Baker Hughes) released its Q4 2013 well count. Baker Hughes reported US onshore well count of 9,056 in Q4 2013, down 19 wells from the revised 9,075 wells counted in Q3 2013. According to the Company, due to improved drilling efficiencies, its average US onshore drilling rig production increased 9% YoY. Baker Hughes notified that the well count during the quarter increased most notably in the Eagle Ford (up 75 wells or 7%), Mississippian (up 23 wells or 6%), and Marcellus (up 21 wells or 4%) basins, on QoQ basis, which, however, was offset by reductions in the Fayetteville (down 29 wells or 18%) and Granite Wash (down 22 wells or 13%) basins. The Full Research Report on Baker Hughes Incorporated - 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/9fc3_BHI

Halliburton Company Research Report

On January 8, 2014, Halliburton Company (Halliburton) announced the opening of its new Unconventional and Reservoir Productivity Technology Center at King Fahd University of Petroleum and Minerals (KFUPM), located in Dhahran Techno-Valley. Halliburton reported that the new center enables the Company to provide state-of-the-art research and development solutions for conventional and unconventional reservoirs addressing challenges both in the Kingdom and regionally. The Company informed that the center is expected to provide technology and solutions to existing and future partners in the region and around the globe, contributing to the development of local workforces and national economies. The Full Research Report on Halliburton Company - 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/fe6a_HAL

Statoil ASA Research Report

On January 8, 2014, Statoil ASA (Statoil) reported that it has resumed production at the Hammerfest LNG plant, which was closed after an incident of gas leakage in the processing facility on the night of January 5, 2014. Knut Gjertsen, Head of Snohvit Operations, said, "We started run-up of the Hammerfest LNG plant Tuesday night, and the plant has now reached stable operation." Gjertsen further said that the Company has completed all necessary repairs on the plant to ensure a safe and efficient start-up. 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.AnalystsCorner.com/r/full_research_report/d198_STO

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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