Quarterly Earnings Releases, Regulatory Approvals, Stock Price Updates, and Senior Level leadership Changes - Analyst Notes on Boardwalk, LyondellBasell, Phillips 66, HP and Continental

NEW YORK, May 8, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Boardwalk Pipeline Partners LP (NYSE: BWP), LyondellBasell Industries NV (NYSE: LYB), Phillips 66 (NYSE: PSX), Helmerich & Payne Inc. (NYSE: HP) and Continental Resources Inc. (NYSE: CLR). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2204-100free.

Boardwalk Pipeline Partners LP Analyst Notes
On April 28, 2014, Boardwalk Pipeline Partners LP (Boardwalk) released its Q1 2014 earnings results. The Company reported Q1 2014 total operating revenues of $356.9 million, up 8.6% YoY. According to the Boardwalk, its Q1 2014 results were positively impacted by favorable revenues associated with the cold winter conditions and the recent completion of growth projects, partially offset by lower transportation revenues due to contract expirations and renewals at lower rates. The Comapny's Q1 2014 net income attributable to controlling interests came in at $110.2 million, compared to net income of $101.4 million in Q1 2013. During the quarter, the Company recognized a charge related to the Bluegrass Project, resulting in a decrease to net income attributable to controlling interests of $10.0 million. Boardwalk has declared a quarterly cash distribution per common unit of $0.10 payable on May 15, 2014, to unit holders of record as of May 8, 2014. The full analyst notes on Boardwalk are available to download free of charge at:


LyondellBasell Industries NV Analyst Notes
On May 2, 2014, LyondellBasell Industries NV (LyondellBasell) announced that the Company has received a final greenhouse gas permit from the U.S. Environmental Protection Agency (EPA) required for its multi-plant ethylene expansion program. When fully operational, the program is expected to boost the annual ethylene capacity by an estimated 1.85 billion pounds, for a total estimated capacity of 11.8 billion pounds in North America. The Company informed that ethylene expansion program was initiated in 2013 with a total investment of approximately $1.3 billion in the Company's Channelview, La Porte and Corpus Christi, Texas plants which benefit from shale gas production. "We are very pleased with the joint efforts of the EPA and TCEQ. Successfully securing our permit in Corpus Christi means our multi-plant ethylene expansion program is on target to be fully operational by the end of 2015," said LyondellBasell CEO Jim Gallogly. The full analyst notes on LyondellBasell are available to download free of charge at:


Phillips 66 Analyst Notes
On April 30, 2014, Phillips 66 (Phillips 66) released its Q1 2014 earnings results, with net income surpassing street's estimates. Phillips 66 reported net income of $1.6 billion, or $2.67 per diluted share, compared to $1.4 billion, or $2.23 per diluted share, in Q1 2013. The adjusted diluted EPS came in at $1.47, beating the Reuters' average analyst consensus estimate of $1.34. "We delivered a strong quarter, with solid performance and improved margins in our Midstream and Chemicals businesses," said Greg Garland, Chairman and CEO of Phillips 66. Earnings in Refining segment dropped to $306 million, from $904 million in Q1 2013. Revenues and other income in Q1 2014 were down 2.8% YoY at $41.1 billion. The Company stated that it remains focused on enhancing returns in Refining by expanding access to advantaged feedstocks, controlling costs and optimizing its portfolio. The full analyst notes on Phillips 66 are available to download free of charge at:


Helmerich & Payne Inc. Analyst Notes
On May 5, 2014, shares of Helmerich & Payne Inc. (HP) declined 1.05% to end the trading session at $106.54. HP's stock opened the session at $106.29 and fluctuated between $104.52 and $106.76. A total of 1.59 million shares were traded during the day, which is above its previous day volume of 0.95 million. Over the past three months, the stock has returned 25.46%, outperforming the S&P 500 Index that returned 7.58% over the same period. The full analyst notes on HP are available to download free of charge at:


Continental Resources Inc. Analyst Notes
On May 1, 2014, Continental Resources Inc. (Continental) announced changes in leadership within its management. The Company informed that Gary E. Gould has been promoted to Senior Vice President of Operations and Resource Development as Richard E. Muncrief resigns from this post to take the position of President and CEO at WPX Energy. In addition, the Company's Senior Vice President, General Counsel and Secretary, Eric S. Eissenstat's responsibility has been increased as he will now hold the position of Chief Risk Officer in addition to his current responsibilities. Harold G. Hamm, Chairman and CEO, Continental, commented, "Gary has established himself as an impactful leader here at Continental, and his broad energy experience makes him exceptionally well suited for this expanded role." The full analyst notes on Continental are available to download free of charge at:


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.


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.

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.

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.

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

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here