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Extended Production Licenses, New Technologies, Presentation Schedules, Vision and Strategies, and New Projects- Research Report on ExxonMobil, BP, Encana, Murphy, and Total

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


News provided by

Analysts' Corner

Nov 12, 2013, 08:00 ET

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NEW YORK, November 12, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Exxon Mobil Corporation (NYSE: XOM), BP plc (NYSE: BP), Encana Corporation (NYSE: ECA), Murphy Oil Corporation (NYSE: MUR), and Total SA (NYSE: TOT). 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 November 6, 2013, Exxon Mobil Corporation (ExxonMobil) announced that its affiliates in Madagascar have received extensions to production sharing contract licenses, thus enabling the resumption of exploration activities on the Ampasindava, Majunga and Cap St. Andre licenses offshore Madagascar. According to the Company, the decrees formalizing the extensions to these three licenses were signed on July 17, 2013, by Madagascar President Andry Rajoelina. ExxonMobil stated that its affiliates plan to resume exploration work and environmental assessments for shore-based and offshore operations in preparation for deepwater drilling. 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]

--

BP plc Research Report

On November 7, 2013, BP plc (BP) announced two new technologies, SaaBre™ and Hummingbird®, for the production of key petrochemical feedstocks i.e. acetic acid and ethylene respectively. According to the Company, SaaBre™ is a process for the conversion of synthesis gas (carbon monoxide and hydrogen derived from hydrocarbons such as natural gas) directly to acetic acid. BP informed that SaaBre™ is expected to deliver a marked reduction in variable manufacturing costs, and will also results in capital efficiencies, compared to the current carbonylation of methanol route. Nick Elmslie, Chief Executive of BP's Global Petrochemicals business stated, "SaaBre™ is the most significant development for acetic acid production in 40 years and adds to our portfolio of leading technologies. The principle advantages of SaaBre™ are that it eliminates the need to purify carbon monoxide, does not require the purchase of methanol and contains no iodides reducing the need for exotic metallurgy." Charles Cameron, BP's Head of Technology, Downstream said, "Hummingbird® is a next generation technology, clearly differentiated from the competition. The Hummingbird® process with its proprietary catalyst and its milder operating conditions is ultra-selective, resulting in a market leading conversion of ethanol to ethylene." 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.analystscorner.com/r/full_research_report/f948_BP]

--

Encana Corporation Research Report

On November 5, 2013, Encana Corporation (Encana) announced its vision and strategy, and informed that it has already started making the significant and bold changes to put the Company on track to be a leading North American resource play company. Doug Suttles, President and CEO of Encana, stated, "We have a focused long term plan in place, the resource base to support that plan and a talented team of people with the energy and drive to succeed. Encana is focused on developing high quality resource plays in North America and continuously striving to operate in those plays more efficiently than our competitors. Our tremendous asset base offers us the opportunity to build a focused portfolio with exposure to different geographic regions and product diversity, providing quality investment options and the ability to prosper through variable commodity price cycles." The Company stated that it believes that through its disciplined and focused growth strategy it can average a more than 10% CAGR in cash flow per share through 2017. The Full Research Report on Encana 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/01ac_ECA]

--    

Murphy Oil Corporation Research Report

On November 6, 2013, Murphy Oil Corporation (Murphy Oil) announced that its President and CEO Roger Jenkins will present at the Jefferies 2013 Global Energy Conference on November 13, 2013, at 2:30 p.m. CST. Murphy Oil informed that the live webcast of the presentation and replay of the same will be available on its website for 30 days after the event. The Full Research Report on Murphy Oil 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/ff2d_MUR]

--

Total SA Research Report

On November 5, 2013, Total SA (Total) announced that it has been awarded an 86 megawatt-peak (MWp) ground-mounted solar power project by South Africa's Department of Energy, as part of the third round of tenders for renewable energy generation facilities. According to the Company, the project is secured under a co-development agreement with South African Mulilo Renewable Energy, with Total owning 27% of the project, along with five partners. The Company informed that its affiliate, SunPower Corporation, provided the photovoltaic specifications for the project and is also expected to provide Engineering, Procurement, Construction (EPC) services along with long-term operation and maintenance for the project. The Philippe Boisseau, President, Marketing & Services and New Energies and a member of the Executive Committee of Total, stated, "This project proves we can deliver, with our affiliate SunPower, the best technology at a competitive price. Total has been present in South Africa for almost 50 years and remains very committed to the country. As a world leader in the solar industry, we are pleased to assist South Africa in the diversification of its energy mix, with the development of increased solar capacity in the country, along other energy sources." The Full Research Report on Total SA - 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/5801_TOT]

----

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 Namrata Maheshwari, 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 Namrata Maheshwari, 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.

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