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Joint Ventures, Leadership Appointments, Clean-Up Operations, and M&As Indicate More Oil & Gas Opportunities - Research Report on Exxon Mobil, Chevron, BP, Enterprise Products, and Linn Energy


News provided by

Wall Street Reports

Jun 18, 2013, 08:00 ET

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

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

Today, Wall Street Reports announced new research reports highlighting Exxon Mobil Corporation (NYSE: XOM), Chevron Corporation (NYSE: CVX), BP plc (NYSE: BP), Enterprise Products Partners L.P. (NYSE: EPD), and Linn Energy, LLC (NASDAQ: LINE). 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 June 11, 2013, ExxonMobil Corporation (ExxonMobil) announced that it has signed an over-arching technology sharing agreement to support the companies' joint ventures worldwide and also signed final agreements establishing a joint Arctic Research Center (ARC) in Russia. The ARC is expected to provide a full range of R&D and technical services for the companies as they pursue their Kara Sea programs. "Projects in the framework of our strategic partnership with ExxonMobil pose a number of challenges. The ARC will be a platform for development of the most up-to-date and efficient technologies aimed at project implementation in complex and challenging climate and technological conditions. Environmental safety is our priority, and we believe the technologies developed in the ARC will enable us to implement our joint projects in the safest and most efficient way to the benefit of all participants of Arctic exploration," said Igor Sechin, President and Chairman of the Management Board at Rosneft. The Full Research Report on ExxonMobil Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/3cc2_XOM]

--

Chevron Corporation Research Report

On June 5, 2013, Chevron Corporation (Chevron) announced that Jeff Shellebarger will succeed Gary Luquette as President of Chevron North America Exploration and Production Company, effective August 1, 2013. John Watson, Chevron's Chairman and CEO, commented, "Jeff's appointment to this leadership role demonstrates the bench strength of our management team." Watson added, "We are placing an experienced and proven executive in a key position as we continue to pursue our growth objectives." Shellebarger is currently the Managing Director of Chevron's IndoAsia Business Unit. The Full Research Report on Chevron Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/de43_CVX]

--

BP plc Research Report

On June 10, 2013, BP plc (BP) announced that the US Coast Guard is ending its active cleanup operations in Mississippi, Alabama, and Florida. The Company also informed that the three states are expected to complete the transition back to the National Response Center (NRC) reporting system by mid-June 2013. BP has allotted more than $14 billion and 70 million personnel hours for response and clean-up activities. Laura Folse, BP's Executive Vice President for Response and Environmental Restoration, said, "The transition is a significant milestone toward fulfilling our commitment to clean the Gulf shoreline and ensuring that the region's residents and visitors can fully enjoy this majestic environment." Folse continued, "Even as the Coast Guard has made the decision to move these states to the National Response Center reporting system, should residual Macondo oil appear on the shoreline, BP remains committed and prepared to address it under the direction of the Coast Guard." 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.WSReports.com/r/full_research_report/ff46_BP]

--

Enterprise Products Partners L.P. Research Report

On June 12, 2013, Enterprise Products Partners L.P. (Enterprise Products) announced that it has entered into a joint venture with Western Gas Partners, to own natural gas liquid (NGL) fractionation trains 7 and 8, which are currently under construction at the Company's Mont Belvieu, Texas complex. Enterprise Products has a 75% stake in the joint venture, while Western Gas Partners holds a 25% minority ownership interest in the project. Michael A. Creel, CEO of Enterprise Products' General Partner, stated, "This is the third midstream energy infrastructure project in which we have partnered with Anadarko Petroleum Corporation and its affiliates. Anadarko is a strategic partner that has made significant volume dedications to our facilities, including NGLs to our fractionation complex at Mont Belvieu." The Full Research Report on Enterprise Products Partners L.P. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/7359_EPD]

--

Linn Energy, LLC Research Report

On May 31, 2013, Linn Energy, LLC (Linn Energy) provided an update regarding its ongoing merger transaction with Berry Petroleum. Linn Energy reported that the Registration Statement on Form S-4 is still under review by the US Securities and Exchange Commission (SEC). Linn Energy and Berry Petroleum are expecting the shareholder and unitholder meetings to happen during Q3 2013, with closing to follow shortly thereafter. The Full Research Report on Linn Energy, LLC - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/c287_LINE]

----

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 inquires, 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 Wall Street Reports

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