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Quarterly Cash Dividends, Discoveries, and Executive Appointments and Retirements - Research Report on Devon, Noble Energy, Suncor, Southwestern Energy, and Range Resources

17.12.2013  |  PR Newswire

NEW YORK, December 17, 2013 /PRNewswire/ --

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

Today, Analysts' Corner announced new research reports highlighting Devon Energy Corp. (NYSE: DVN), Noble Energy, Inc. (NYSE: NBL), Suncor Energy Inc. (NYSE: SU), Southwestern Energy Company (NYSE: SWN), and Range Resources Corporation (NYSE: RRC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Devon Energy Corp. Research Report

On December 4, 2013, Devon Energy Corp. (Devon) announced that its Board of Directors has declared a quarterly cash dividend on the Company's common stock for Q1 2014. According to Devon, the dividend rate is $0.22 per share, payable on March 31, 2014, based on a record date of March 14, 2014. The Full Research Report on Devon Energy Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/edcf_DVN

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Noble Energy, Inc. Research Report

On December 4, 2013, Noble Energy, Inc. (Noble Energy) announced two new exploration discoveries at the Dantzler exploration well in the Deepwater Gulf of Mexico, as well as at the Tamar Southwest (SW) exploration well offshore Israel. The Company reported that at Dantzler, the well has encountered over 120 net feet of primarily crude oil pay in two high-quality Miocene reservoirs. According to Noble Energy, discovered gross resources at Dantzler are now estimated at 55 million to 95 million barrels of oil equivalent. The Company reported that the Tamar SW well has encountered approximately 355 feet of net natural gas pay within the targeted Miocene intervals. "Dantzler represents our third consecutive exploration discovery in the Miocene trend of the Gulf of Mexico and complements our existing developments at Rio Grande and Gunflint. The field's proximity to our Rio Grande area provides the opportunity for an accelerated development at Dantzler. In Israel, the discovery at Tamar SW further enhances our discovered resources in the Eastern Mediterranean, which now totals nearly 40 trillion cubic feet of natural gas.  The discovery also underpins our ability to meet the growing market demand in Israel and within the region," said Mike Putnam, Vice President of Exploration and Geoscience at Noble Energy. The Full Research Report on Noble Energy, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/1ed6_NBL

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Suncor Energy Inc. Research Report

On December 9, 2013, Suncor Energy Inc. (Suncor) announced the appointment of Steve Reynish as the Company's interim CFO, effective immediately. According to Suncor, Reynish joined the Company in January 2012 as EVP for Oil Sands Ventures, responsible for all oil sands growth projects planned under the Company's strategic partnerships. Suncor reported that he is also responsible for the Company's interest in non-operated oil sands projects. The Company informed that prior to joining Suncor, Steve was President of Marathon Oil Canada. Suncor further reported that its search for a permanent CFO is expected to take several months. The Full Research Report on Suncor Energy Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/afd1_SU

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Southwestern Energy Company Research Report

On December 10, 2013, Southwestern Energy Company (Southwestern Energy) announced the retirement of Harold M. Korell, Chairman of the Company's Board of Directors. The Company reported that Korell will retire at the May 2014 annual meeting of stockholders. The Company informed that at the same time, the Board intends to elect Steven L. Mueller, President and CEO of Southwestern Energy, as Chairman. The Company confirmed that Mr. Mueller will also continue as CEO. The Full Research Report on Southwestern Energy Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/5997_SWN

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Range Resources Corporation Research Report

On December 2, 2013, Range Resources Corporation (Range Resources) announced that its Board of Directors has declared a quarterly cash dividend on the Company's common stock for Q4 2013. The dividend rate is $0.04 per common share, payable on December 31, 2013, to stockholders of record at the close of business on December 16, 2013. The Full Research Report on Range Resources Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/528c_RRC

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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 Ananya Ghosh, 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.
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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.

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SOURCE Analysts' Corner



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