NEW YORK, April 21, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Hess Corp. (NYSE: HES), Praxair Inc. (NYSE: PX), BHP Billiton Limited (NYSE: BHP), Kinder Morgan Inc. (NYSE: KMI) and Ensco PLC (NYSE: ESV). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1358-100free.
Hess Corp. Analyst Notes
On April 15, 2014, Hess Corp.'s (Hess) stock moved up 1.39% to end the trading session at $86.10, outperforming the S&P 500 index that gained 0.68% over the same day. Hess' stock opened the session at $84.81 and oscillated in the range of $84.46 - $86.11. Over the past six months, the stock has gained 4.60% largely in line with the Dow Jones Industrial Average, which gained 5.78% over the same time period. The Company will hold a conference call on April 30, 2014, at 10 a.m. EDT to discuss its Q1 2014 earnings release. Hess is a global independent energy company engaged in the exploration and production of crude oil and natural gas. The full analyst notes on Hess are available to download free of charge at:
Praxair Inc. Analyst Notes
On April 9, 2014, Praxair Inc. (Praxair) announced the commencement of a new 270 tons per day air separation plant in Pisco, located in the central region of Peru. The Company informed that under the terms of a long term it will increase its supply of oxygen to Aceros Arequipa (Aceros), Peru's largest long steel maker, in order to match up with expanding steel production capacity of Aceros. The Company informed that this is the third plant of the Company that serves Aceros' Pisco facility. Domingos Bulus, President of Praxair, South America, said, "Aceros Arequipa is one of our largest customers in Peru and we are very pleased to build upon our longstanding relationship. Our newest plant has been designed to operate with even greater efficiency and ensure a reliable supply of industrial gases." The full analyst notes on Praxair are available to download free of charge at:
BHP Billiton Limited Analyst Notes
On April 15, 2014, BHP Billiton Limited's (BHP Billiton) Chairman, Jac Nasser, announced the appointment of Malcolm Brinded to the Company's Board as an independent Non-executive Director, and as a member of the Sustainability Committee, with immediate effect. With the appointment of Mr. Brinded, the total number of Non-Executive Director on the Board of BHP Billiton is now 13. Mr. Nasser said that the appointment of Brinded represents the Company's structured and rigorous approach in planning the Board's succession. Nasser further added, "Malcolm's deep experience in energy, governance and sustainability will make a significant contribution to the Board as we identify and address the future needs of the business and the communities in which we operate." Between 2002 and 2012, Brinded served on the Royal Dutch Shell plc Board of Directors. The full analyst notes on BHP Billiton are available to download free of charge at:
Kinder Morgan Inc. Analyst Notes
On April 16, 2014, Kinder Morgan Inc. (Kinder Morgan) announced its Q1 2014 financial results. The Company reported a revenue growth of 32.3% YoY to $4.0 billion in Q1 2014. Net income attributable to Kinder Morgan fell marginally to $287 million, or $0.28 per share, versus $292 million or $0.28 per share in Q1 2013. The board of directors has increased the quarterly cash dividend to $0.42 per share ($1.68 annualized), payable on May 16, 2014, to shareholders of record as of April 30, 2014. This represents an increase of 10.5% from the Q1 2013 cash dividend per share of $0.38 ($1.52 annualized) and is up from Q4 2013 dividend of $0.41 ($1.64 annualized) per share. Further, the Company expects to declare a dividend of $1.72 per share for 2014, from $1.60 declared in 2013. The full analyst notes on Kinder Morgan are available to download free of charge at:
Ensco PLC Analyst Notes
On April 15, 2014, Ensco PLC (Ensco) announced that the Company has placed an order for two high-specification jackups, ENSCO 140 and ENSCO 141 with Lamprell plc to meet the growing customer demand in the Middle East. The Company informed that the both the rigs: ENSCO 140 and ENSCO 141 are the advanced version of LeTourneau Super 116E jackup design, and will in incorporate Company's patented Canti-Leverage AdvantageSM technology. The Company expects the delivery of both the rigs in mid-2016 from Lamprell's newest shipyard located in the UAE. Further, the construction of rigs will happen under a fixed-price contract for a total cost of $430 million, or $215 million per rig. The contract with Lamprell includes an option for construction of two additional rigs of the similar design. The full analyst notes on Ensco are available to download free of charge at:
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.
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 pubco [at] http://www.analystsreview.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-edge. An outsourced research services provider represented by Namrata Maheshwari, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge 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
Investor-edge 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
Investor-edge 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 Investor-edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-edge 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 Review