15.10.2013 14:00:00
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Merger Agreements, Monthly Rig Counts, Financial Results Schedules, and New Joint Ventures - Research Report on PVR, Baker Hughes, Hornbeck, CARBO, and McDermott
NEW YORK, October 15, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting PVR Partners, L.P. (NYSE: PVR), Baker Hughes Incorporated (NYSE: BHI), Hornbeck Offshore Services, Inc. (NYSE: HOS), CARBO Ceramics Inc. (NYSE: CRR), and McDermott International, Inc. (NYSE: MDR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
PVR Partners, L.P. Research Report
On October 10, 2013, PVR Partners, L.P. (PVR) and Regency Energy Partners LP (Regency) announced that their respective Boards of Directors have unanimously approved a definitive merger agreement, pursuant to which Regency will acquire PVR. The Companies informed that the acquisition will be a unit-for-unit transaction plus a one-time cash payment to PVR unitholders that collectively imply a value for PVR of approximately $5.6 billion, including the assumption of net debt of $1.8 billion. Expected to close in Q1 2014, the Company anticipates the transaction to create a leading gas gathering and processing platform with a scaled presence across North America's premier high growth unconventional oil and gas plays in Appalachia, West Texas, South Texas, the Mid-Continent, and North Louisiana. The Full Research Report on PVR Partners, L.P. - 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/0c29_PVR]
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Baker Hughes Incorporated Research Report
On October 7, 2013, Baker Hughes Incorporated (Baker Hughes) announced rig counts for September 2013. The Company reported international rig count of 1,284, up 1.3% MoM, and up 2.4% YoY. International offshore rig count for September 2013 was 313, again up 1.3% MoM, and up 6.8% YoY. Baker Hughes' worldwide rig count for September 2013 was 3,431, up 0.4% Mom, but down 1.1% YoY. The Full Research Report on Baker Hughes Incorporated - 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/9fc3_BHI]
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Hornbeck Offshore Services, Inc. Research Report
On October 9, 2013, Hornbeck Offshore Services, Inc. (Hornbeck) announced that it will release its Q3 2013 financial results on October 30, 2013, after the market closes. The Company informed that it has scheduled a conference call on October 31, 2013 at 10:00 a.m. ET / 9:00 a.m. CT, to discuss the results. The call can be accessed live via telephone or over the internet through the Investors section of the Company's website. The Full Research Report on Hornbeck Offshore Services, 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/6bee_HOS]
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CARBO Ceramics Inc. Research Report
On October 1, 2013, CARBO Ceramics Inc. (CARBO) announced that it will release its Q3 2013 results on October 31, 2013. On the same day, the Company will hold a conference call at 10:30 a.m. CT / 11:30 a.m. ET to discuss the results. The conference call will be hosted by CARBO President and CEO Gary Kolstad and Vice President and CFO Ernesto Bautista III. The Company informed that the conference call can be accessed via telephone or through the Company's website. The Full Research Report on CARBO Ceramics 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/358b_CRR]
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McDermott International, Inc. Research Report
On October 7, 2013, McDermott International, Inc. (McDermott) reported that affiliates of TH Heavy Engineering Berhad (THHE) and that of the Company confirmed the formalization of several joint ventures, which were formally approved by THHE shareholders at their annual general meeting on June 3, 2013. Commenting on the JV's, Scott Cummins, Senior Vice President and General Manager of McDermott in Asia Pacific said, "Now the joint ventures are complete, THHE can also more fully access the experienced personnel, technical expertise, proven systems and world-class assets that McDermott contributes to the joint ventures; we look forward to further contributing to Malaysia's aspiration of becoming the number one hub for oil and gas in the Asia Pacific region." The Full Research Report on McDermott International, 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/601e_MDR]
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EDITOR NOTES:
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