NEW YORK, April 2, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Concho Resources Inc. (NYSE: CXO), Nabors Industries Ltd. (NYSE: NBR), Patterson-UTI Energy, Inc. (NASDAQ: PTEN), CNOOC Limited (NYSE: CEO), and Halcon Resources Corporation (NYSE: HK). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
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Concho Resources Inc. Analyst Notes
On March 21, 2014, Concho Resources Inc. (Concho) announced the appointment of John Surma to the Company's Board of Directors and the rejoining of Jack Harper as Concho's Executive Vice President. According to Concho, Surma has joined the Company's Board of Directors after recently retiring as Chairman and CEO of United States Steel Corporation, and in his new role, Surma will serve on Concho's Audit Committee and Reserves Committee. The Company informed that Harper served as Concho's Senior Vice President and Chief of Staff from November 2010 to January 2013. The full analyst notes on Concho Resources Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04022014/CXO/report.pdf
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Nabors Industries Ltd. Analyst Notes
On March 24, 2014, Nabors Industries Ltd. (Nabors) announced that it expects Q1 2014 EPS to be below consensus estimates, attributing the shortfall to the persistent extraordinary weather and the resulting delays in some customers' well completion activity. The Company notified that the impact is confined to the Completion Services segment and is expected to be c. $0.07 per share. Tony Petrello, Chairman and CEO of Nabors, said, "As we noted on our fourth-quarter earnings call, our first-quarter outlook for the Completion Services segment was cautious. Approximately 60% of our pressure pumping horsepower operates in the Northern region, which includes basins in the Rocky Mountains and Appalachia. Severe winter weather in those areas continued to affect our pumping operations through February and into early March, though to a lesser degree than in January. The weather has also impacted many northern based frac sand mines, tightening availability, and could further impact our results. Our other operations appear to be in-line to favorable compared to expectations." The full analyst notes on Nabors Industries Ltd. are available to download free of charge at:
http://www.AnalystsReview.com/04022014/NBR/report.pdf
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Patterson-UTI Energy, Inc. Analyst Notes
On March 28, 2014, Patterson-UTI Energy, Inc. (Patterson-UTI) announced that it has scheduled a conference call to discuss its Q1 2014 results on April 24, 2014 at 9:00 a.m. CT. The Company informed that the aforesaid call will be webcast and can be accessed through a link provided by Patterson-UTI in the Investors section of its website. The full analyst notes on Patterson-UTI Energy, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04022014/PTEN/report.pdf
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CNOOC Limited Analyst Notes
On March 24, 2014, CNOOC Limited (CNOOC) announced that it has recently made a mid-sized natural gas discovery, Bozhong 22-1, in Bohai. The Company informed that the Bozhong 22-1 structure is located in the south central Bohai with an average water depth of about 25 meters. According to CNOOC, the discovery well Bozhong 22-1-2 is drilled and completed at a depth of 4,611 meters and encountered gas reservoir with a total thickness of approximately 92 meters. CNOOC added that the gas production of the well was tested around 14.2 million cubic feet per day. The full analyst notes on CNOOC Limited are available to download free of charge at:
http://www.AnalystsReview.com/04022014/CEO/report.pdf
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Halcon Resources Corporation Analyst Notes
On March 27, 2014, Halcon Resources Corporation (Halcon Resources) announced that it will participate at the IPAA Oil & Gas Investment Symposium New York Conference on April 8, 2014. The Company informed that its Chairman and CEO, Floyd C. Wilson, is scheduled to make a conference presentation at the aforesaid date at 9:35 a.m. EDT / 8:35 a.m. CDT. Halcon Resources stated that the slide presentation and a link to the live audio webcast will be available on the Company's website. The full analyst notes on Halcon Resources Corporation are available to download free of charge at:
http://www.AnalystsReview.com/04022014/HK/report.pdf
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