New Stockholder Rights Plan, EPC Contracts, and Second Quarter Earnings Schedules - Research Report on Hornbeck Offshore, McDermott, Helix, Tesoro, and GulfMark

NEW YORK, July 11, 2013 /PRNewswire/ --

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

Today, Wall Street Reports announced new research reports highlighting Hornbeck Offshore Services, Inc. (NYSE: HOS), McDermott International, Inc. (NYSE: MDR), Helix Energy Solutions Group, Inc. (NYSE: HLX), Tesoro Logistics LP (NYSE: TLLP), and GulfMark Offshore, Inc. (NYSE: GLF). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Hornbeck Offshore Services, Inc. Research Report

On July 2, 2013, Hornbeck Offshore Services, Inc. (Hornbeck Offshore) announced that its Board of Directors adopted a new stockholder rights plan to replace the Company's previous rights plan that expired on June 17, 2013. The Board declared that the New Rights Plan, which is similar to the Expired Rights Plan, is designed to enable all stockholders to realize the full value of their investment and to provide for fair and equal treatment for stockholders if an unsolicited attempt is made to acquire the Company. Further, the Board also expects the New Rights Plan to provide Hornbeck Offshore with a tool to protect its US citizenship qualification under US maritime law. The rights will expire on June 30, 2023. The Full Research Report on Hornbeck Offshore Services, Inc. - 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/65e0_HOS]

--

McDermott International, Inc. Research Report

On July 1, 2013, McDermott International, Inc. (McDermott) announced that one of its subsidiaries has been awarded an engineering, procurement, and construction (EPC) contract by ExxonMobil Corporation (Exxon) for its Julia development. McDermott said that the value of the contract is included in its Q2 2013 backlog. "McDermott offered a very competitive solution for the Julia project with the right people, assets, and technology," said Stephen M. Johnson, Chairman, President, and CEO of McDermott. "The installation solution we offer provides a high degree of reliability and precision using key vessels in our fleet for deepwater lowering and flexible lay, and further demonstrates our commitment to the subsea market." The Company expects the offshore installation to begin in Q2 2015 and extend through the remainder of the year. The Full Research Report on McDermott International, Inc. - 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/6117_MDR]

--

Helix Energy Solutions Group, Inc. Research Report

On July 2, 2013, Helix Energy Solutions Group, Inc. (Helix) announced that it will release the Company's financial and operational results for Q2 2013 on July 22, 2013. A conference call to discuss the Q2 2013 results will be hosted by Helix on July 23, 2013 at 9:00 a.m. CDT. In Q1 2013, the Company had reported net income of $1.6 million, or $0.02 per diluted share, compared with $65.7 million, or $0.62 per diluted share, in Q1 2012. Further, its Q1 2013 revenues were also down 14.1% YoY to $197.4 million. The Full Research Report on Helix Energy Solutions Group, Inc. - 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/42ed_HLX]

--

Tesoro Logistics LP Research Report

On June 28, 2013, Tesoro Logistics LP (Tesoro) announced that it would release its Q2 2013 earnings result on August 5, 2013, after the market closes. A conference call will be broadcast live on August 6, 2013 at 7:30 a.m. CDT, to discuss the Q2 2013 results and other business matters. In Q1 2013, Tesoro reported net income of $18.7 million, or $0.40 per diluted common limited partner unit, and revenues of $51.6 million,  compared with net income of $11.6 million, or $0.37 per diluted common limited partner unit, and revenues of $28.3 million in Q1 2012. The Full Research Report on Tesoro Logistics LP - 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/a950_TLLP]

--

GulfMark Offshore, Inc. Research Report

On July 8, 2013, GulfMark Offshore, Inc. (GulfMark) announced that its Q2 2013 earnings conference call has been scheduled on July 23, 2013 at 9:00 a.m. EDT.The conference call will be hosted by Quintin Kneen, President and CEO, Jay Mitchell, Executive Vice President and CFO, and David Rosenwasser, Senior Executive Vice President and COO. The Company also informed that it will issue earnings results for Q2 2013 the evening before the conference call. In the Q1 2013 earnings release, GulfMark had raised its full-year 2013 revenue guidance to the range of $425 million to $455 million, and stated that it expects its Q2 2013 revenue to be between $100 million and $105 million. The Full Research Report on GulfMark Offshore, Inc. - 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/91f1_GLF]

----

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 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 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