Click here to close now.

SYS-CON MEDIA Authors: Kevin Jackson, Peter Silva, Greg Wind, Glenn Rossman, Michael Jannery

News Feed Item

Financial Results Releases, Completion of Divestiture, and Senior Level Appointment - Research Reports on U. S. Steel, Hess, ConocoPhillips, Occidental and Dow

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

NEW YORK, August 4, 2014 /PRNewswire/ --


Today, Analysts Review released its research reports regarding United States Steel Corporation (NYSE: X), Hess Corp. (NYSE: HES), ConocoPhillips (NYSE: COP), Occidental Petroleum Corporation (NYSE: OXY) and The Dow Chemical Company (NYSE: DOW). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5409-100free.

United States Steel Corporation Research Reports
On July 29, 2014, United States Steel Corporation (U. S. Steel) released its Q2 2014 and H1 2014 financial results. The Company reported Q2 2014 net sales of $4.4 billion, declining slightly by 0.7% YoY. Q2 2014 net loss attributable to U. S. Steel was narrowed to $18 million or $0.12 diluted loss per share, from net loss of $78 million or $0.54 per diluted share in Q2 2013. Reuters reported that the Company was able to narrow its Q2 2014 net loss as steel prices improved, but the impact of bad weather, higher repairs and maintenance costs continued to weigh on earnings. The Company reported H1 2014 net sales of $8.8 billion, down 2.0% YoY. The Company's H1 2014 net income attributable to U. S. Steel came in at $34 million or $0.23 per diluted share, compared to net loss of $151 million or $1.05 diluted loss per share in H1 2013. On the next day of the results release, the Company stock surged 19.37% to end the day at $33.03. The full research reports on U. S. Steel are available to download free of charge at:

http://www.analystsreview.com/Aug-04-2014/X/report.pdf

Hess Corp. Research Reports
On July 30, 2014, Hess Corp. (Hess) released its Q2 2014 and H1 2014 financial results. The Company reported Q2 2014 total revenues and non-operating income of $3.6 billion, down 13.5% YoY, but surpassed the Zacks consensus revenue forecast of $2.8 billion. Zacks reported that due to better realizations in Q2 2014 the Company was able to surpass the consensus revenue estimates for the quarter. Q2 2014 net income attributable to Hess came in at $931 million or $2.96 per diluted share (surpassing Zacks consensus estimate of $1.20 per share), compared to net income of $1.4 billion or $4.16 per diluted share in Q2 2013. The Company's H1 2014 total revenues and non-operating income declined 24.0% YoY to $6.3 billion. The Company's H1 2014 net income attributable to Hess came in at $1.3 million or $4.13 per diluted share, compared to net income of $2.7 billion or $7.88 per diluted share in H1 2013. The full research reports on Hess are available to download free of charge at:

http://www.analystsreview.com/Aug-04-2014/HES/report.pdf

ConocoPhillips Research Reports
On July 30, 2014, ConocoPhillips (ConocoPhillips) announced that the Company has completed the sale of its Nigeria upstream business to Oando Energy Resources (OER), a subsidiary of Oando PLC, for $1.5 billion (after customary adjustments). ConocoPhillips informed that the sale price includes $550 million of deposits, approximately $900 million received at closing, plus $33 million in deferred payments. From the sale, the Company expects net proceeds of c. $1.4 billion after customary adjustments, after excluding c. $100 million cash in the business at closing. The Company plans to recognize an after-tax gain of c. $1.1 billion. In addition, the Company has also transferred its 17% interest along with related interest in Brass LNG Limited (Brass LNG) to its existing shareholders. The full research reports on ConocoPhillips are available to download free of charge at:

http://www.analystsreview.com/Aug-04-2014/COP/report.pdf

Occidental Petroleum Corporation Research Reports
On July 15, 2014, Occidental Petroleum Corporation (Occidental) announced the appointment of Marshall D. (Mark) Smith as Senior Executive Vice President and CFO of its subsidiary, California Resources Corporation (California Resources). Mark previously served at Ultra Petroleum as Senior Vice President and CFO. Todd A. Stevens, President and CEO, California Resources, said, "I'm pleased to add Mark to the California Resources executive management team. His background in corporate finance combined with expertise in petroleum engineering and deep understanding of operating independent oil and gas companies will be a tremendous asset to the company." The full research reports on Occidental are available to download free of charge at:

http://www.analystsreview.com/Aug-04-2014/OXY/report.pdf

The Dow Chemical Company Research Reports
On July 23, 2014, The Dow Chemical Company (Dow) reported Q2 2014 net sales of $14.92 billion, up 2.3% YoY, led by Performance Plastics (up 1.9% YoY), Electronic and Functional Materials (up 4.6% YoY), and Agricultural Sciences segment (up 3.1% YoY). According to Zacks, the Company was expected to post Q2 2014 EPS of $0.72 and revenues of $14.88 billion. Q2 2014 net income available to Dow's common stockholders came in at $882 million or $0.73 per diluted share, compared to net income of $2.3 billion or $1.87 per diluted share in Q2 2013. The Company reported H1 2014 net sales of $29.4 billion, up 1.4% YoY. The Company's H1 2014 net income available to Dow's common stockholders came in at $1.8 billion or $1.52 per diluted share, compared to net income of $2.9 billion or $2.36 per diluted share in Q2 2013. The full research reports on Dow are available to download free of charge at:

http://www.analystsreview.com/Aug-04-2014/DOW/report.pdf

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.

EDITOR'S 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 produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. 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.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review 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
Analysts Review 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
Analysts Review 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 Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review 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

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that Tufin, the market-leading provider of Security Policy Orchestration Solutions, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. As the market leader of Security Policy Orchestration, Tufin automates and accelerates network configuration changes while maintaining security and compliance. Tufin's award-winning Orchestration Suite™ gives IT organizations the power and a...
VoxImplant has announced full WebRTC support in the newest versions of its Android SDK and iOS SDK. The updated SDKs, which enable audio and video calls on mobile devices, are now compatible with the WebRTC standard to allow any mobile app to communicate with WebRTC-enabled browsers, including Google Chrome, Mozilla Firefox, Opera, and, when available, Microsoft Spartan. The WebRTC-updated SDKs represent VoxImplant's continued leadership in simplifying the development of real-time communication...
The 5th International DevOps Summit, co-located with 17th International Cloud Expo – being held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the...
SYS-CON Events announced today that kintone has been named “Bronze Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY, and the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. kintone promotes cloud-based workgroup productivity, transparency and profitability with a seamless collaboration space, build your own business applic...
SYS-CON Events announced today that Cloudian, Inc., the leading provider of hybrid cloud storage solutions, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Cloudian, Inc., is a Foster City, California - based software company specializing in cloud storage software. The main product is Cloudian, an Amazon S3-compliant cloud object storage platform, the bedrock of cloud computing systems, that enables c...
Today, IT is not just a cost center. IT is an enabler and driver of business. With the emergence of the hybrid cloud paradigm, IT now has increasingly more capabilities to create new strategic opportunities for a business. Hybrid cloud allows an organization to utilize multi-tenant public clouds, dedicated private clouds, bare metal hosting, and the associated support and services for the right use cases through an on-demand, XaaS model. This model of IT creates tremendous opportunities for busi...
SYS-CON Events announced today that Gridstore™, the leader in hyper-converged infrastructure purpose-built to optimize Microsoft workloads, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Gridstore™ is the leader in hyper-converged infrastructure purpose-built for Microsoft workloads and designed to accelerate applications in virtualized environments. Gridstore’s hyper-converged infrastructure is the ...
SYS-CON Events announced today that IDenticard will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. IDenticard™ is the security division of Brady Corp (NYSE: BRC), a $1.5 billion manufacturer of identification products. We have small-company values with the strength and stability of a major corporation. IDenticard offers local sales, support and service to our customers across the United States and Canada...
SYS-CON Events announced today Arista Networks will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Arista Networks was founded to deliver software-driven cloud networking solutions for large data center and computing environments. Arista’s award-winning 10/40/100GbE switches redefine scalability, robustness, and price-performance, with over 3,000 customers and more than three million cloud networking ports depl...
SYS-CON Events announced today that SoftLayer, an IBM company, has been named “Gold Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place June 9-11, 2015 at the Javits Center in New York City, NY, and the 17th International Cloud Expo®, which will take place November 3–5, 2015 at the Santa Clara Convention Center in Santa Clara, CA. SoftLayer operates a global cloud infrastructure platform built for Internet scale. With a global footprint of data centers and network points...
SYS-CON Events announced today that Cisco, the worldwide leader in IT that transforms how people connect, communicate and collaborate, has been named “Gold Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Cisco makes amazing things happen by connecting the unconnected. Cisco has shaped the future of the Internet by becoming the worldwide leader in transforming how people connect, communicate and collaborat...
SYS-CON Events announced today that Liaison Technologies, a leading provider of data management and integration cloud services and solutions, has been named "Silver Sponsor" of SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York, NY. Liaison Technologies is a recognized market leader in providing cloud-enabled data integration and data management solutions to break down complex information barriers, enabling enterprises to make sm...
SYS-CON Events announced today that Windstream, a leading provider of advanced network and cloud communications, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Windstream (Nasdaq: WIN), a FORTUNE 500 and S&P 500 company, is a leading provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, p...
SYS-CON Events announced today that Stratoscale, the new data center operating system, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Based in Herzeliya, Israel, Stratoscale is redefining the data center, developing a hardware-agnostic, software platform hyper-converging compute, storage and networking across the rack or data center. The self-optimizing platform automatically distributes all physical...
SYS-CON Events announced today that ProfitBricks, the provider of painless cloud infrastructure, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY., and the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. ProfitBricks is the IaaS provider that offers a painless cloud experience for all IT users, with no learning curve. ...