New Government Strategies, Tender Offers, Acquisitions and Stock Price Updates - Research Report on Chevron, Anadarko, EOG Resources, Devon Energy and Chesapeake Energy

NEW YORK, December 4, 2013 /PRNewswire/ --

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

Today, Analysts' Corner announced new research reports highlighting Chevron Corporation (NYSE: CVX),

Anadarko Petroleum Corporation (NYSE: APC), EOG Resources Inc (NYSE: EOG), Devon Energy Corp (NYSE: DVN) and Chesapeake Energy Corporation (NYSE: CHK). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Chevron Corporation Research Report

On November 28, 2013, Reuters reported that the Indonesian energy ministry will not renew Chevron Corporations' (Chevron) oil contract at a small oilfield in Sumatra and will hand over management of the Siak oilfield, which produces around 4,000 barrels per day, to state-owned oil firm PERTAMINA. According to the Reuters report, this transfer is part of the Indonesian government's efforts to curb foreign ownership and grab more revenue from its natural resources. "While Chevron is disappointed that the production sharing contract for the Siak block will not be extended, the company respects the decision," Chevron said in a statement reported by Reuters. 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.analystscorner.com/r/full_research_report/d042_CVX

--

Anadarko Petroleum Corporation Research Report

On November 29, 2013, Anadarko Petroleum Corporation's (Anadarko) stock rose 0.25% to $88.82 at the end of trading. Anadarko's stocks dipped 1.88% over the past three trading days while the Dow Jones Industrial Average rose 0.09% during the same period. The Full Research Report on Anadarko Petroleum 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/308b_APC

--

EOG Resources Inc Research Report

On November 25, 2013, EOG Resources Inc (EOG) announced that is has received an unsolicited "mini-tender" offer by TRC Capital Corporation (TRC Capital). The Company informed that EOG received a copy of the offering documents, dated November 15, 2013, pursuant to which TRC Capital has offered to purchase for cash upto 1 million shares or 0.37% of EOG's outstanding common stock. According to the Company, the offer price of $162.75 per share is more than 4% below the $169.67 closing price of EOG's common stock on November 14, 2013, the day prior to commencement of the offer. EOG stated that it does not endorse TRC Capital's offer and recommends that stockholders reject the offer and not tender their shares. The Company also recommends that stockholders who have already tendered shares in the offer withdraw their shares by providing written notice as described in TRC Capital's offering documents prior to the expiration of the offer, currently scheduled for 12:01 a.m., New York City time, Tuesday, December 17, 2013. The Full Research Report on EOG Resources Inc - 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/cdbb_EOG

--

Devon Energy Corp Research Report

On November 20, 2013, Devon Energy Corp (Devon Energy) announced that it has reached a definitive agreement to acquire GeoSouthern Energy's assets in the Eagle Ford oil play for $6 billion in cash. "With this transaction, we have secured a premier acreage position in the very best part of the world-class Eagle Ford oil play. This acquisition enhances our already strong North American portfolio by adding another low-risk, light oil asset that provides outstanding well economics and self-funded growth," said John Richels, Devon's President and CEO. "Furthermore, this transaction is expected to be immediately accretive to virtually every metric, including cash flow per debt-adjusted share." The Company stated that the acquired assets include Eagle Ford's current production of 53,000 barrels of oil equivalent (BOE) per day and 82, 000 net acres with at least 1,200 undrilled locations. The Full Research Report on Devon Energy Corp - 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/edcf_DVN

--

Chesapeake Energy Corporation Research Report

On November 29, 2013, Chesapeake Energy Corporation's (Chesapeake) stock gained 0.83% to end trading at $26.87 per share. Over the previous three trading sessions, Chesapeake's shares increased 2.28% while the Dow Jones Industrial Average gained 0.09% that same period. The Full Research Report on Chesapeake Energy 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/fca8_CHK

----

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 Ananya Ghosh, 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 Ananya Ghosh, 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