NEW YORK, December 18, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Anadarko Petroleum Corporation (NYSE:APC), Occidental Petroleum Corporation (NYSE:OXY), Chesapeake Energy Corporation (NYSE:CHK), Continental Resources Inc. (NYSE:CLR), and Oasis Petroleum Inc. (NYSE:OAS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Anadarko Petroleum Corporation Research Report
On December 12, 2013, Anadarko Petroleum Corporation (Anadarko) released the following statement through its Chairman, President and CEO, Al Walker, regarding Tronox Adversary Proceeding in response to an interim Memorandum of Opinion from the United States Bankruptcy Court, Southern District of New York: "Given the significant factual evidence supporting our position, we vehemently disagree with the Judge's Memorandum of Opinion, and we fully expect to pursue every avenue available to us through the appellate process to protect the interests of our stakeholders, once a final judgment including damages has been rendered." The Company added that this interim Memorandum of Opinion is not a final judgment, and the court has ordered the parties to submit further briefing over the next 60 days and invited oral argument. According to Anadarko, the Court is expected to give a judgment after the process concludes, which will then be subject to appeal. 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:
Occidental Petroleum Corporation Research Report
On December 13, 2013, Occidental Petroleum Corporation's (Occidental) stock declined 0.14%, ending the day at $91.11. Over the previous three trading sessions, shares of Occidental declined 1.49%, compared to the Dow Jones Industrial Average which went down 1.36% during the same period. The Full Research Report on Occidental Petroleum Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Chesapeake Energy Corporation Research Report
On December 13, 2013, Chesapeake Energy Corporation's (Chesapeake) stock increased 1.01%, ending the day at $27.00. Shares of Chesapeake increased 0.71% over the previous three trading sessions, compared to the Dow Jones Industrial Average which declined 1.36% during the 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:
Continental Resources Inc. Research Report
On December 13, 2013, Continental Resources Inc. (Continental) announced that Moody's Investor Services (Moody's) has upgraded the Company to investment grade, by increasing its senior unsecured rating to Baa3 from Ba2. John D. Hart, Continental's CFO, said, "We are pleased to have Moody's recognize Continental as an investment grade credit. The Company has experienced significant growth with our success in the development of the Bakken and most recently the SCOOP play. The asset base has delivered and continues to provide exceptional returns and cash margins, which enable us to execute our growth plans. Our growth has been matched with a disciplined capital sourcing approach enabling a strong credit profile. This upgrade to investment grade is yet another step forward in delivering a strong and flexible balance sheet as part of our 5 year plan. Congratulations to our entire team." The Full Research Report on Continental Resources Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Oasis Petroleum Inc. Research Report
On December 10, 2013, Oasis Petroleum Inc. (Oasis) announced several senior management promotions and changes for structuring the management team for growth and implementing its resource conversion strategy in the Williston Basin. The Company stated that the changes will take effect on January 1, 2014. Management changes announced by the Oasis include: Taylor L. Reid was named President and Chief Operating Officer, while continuing to serve as a director on Oasis' Board of Directors; Niko Lorentzatos was named Executive Vice President and General Counsel; Brett Newton was named Senior Vice President Asset Management and Chief Engineer; Tom Hawkins was named Senior Vice President Land; Robin Hesketh was named Senior Vice President Operations; Greg Hills was named Senior Vice President Marketing and Midstream; and Richard Robuck was named Vice President Finance and Treasurer. Commenting on the changes, Tommy Nusz, Oasis' Chairman and CEO stated, "Taylor and I began working together in 1986, we founded Oasis together and he has proven himself to be one of the most capable executives in the oil and gas industry. His contribution to Oasis has been invaluable. The rest of this group has been with the Company since at least 2010, the year we took Oasis public, and we expect them and the rest of our senior management team to carry on the momentum we have established." The Full Research Report on Oasis Petroleum Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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