NEW YORK, July 11, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Wall Street Reports announced new research reports highlighting Hornbeck Offshore Services, Inc. (NYSE: HOS), McDermott International, Inc. (NYSE: MDR), Helix Energy Solutions Group, Inc. (NYSE: HLX), Tesoro Logistics LP (NYSE: TLLP), and GulfMark Offshore, Inc. (NYSE: GLF). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Hornbeck Offshore Services, Inc. Research Report
On July 2, 2013, Hornbeck Offshore Services, Inc. (Hornbeck Offshore) announced that its Board of Directors adopted a new stockholder rights plan to replace the Company's previous rights plan that expired on June 17, 2013. The Board declared that the New Rights Plan, which is similar to the Expired Rights Plan, is designed to enable all stockholders to realize the full value of their investment and to provide for fair and equal treatment for stockholders if an unsolicited attempt is made to acquire the Company. Further, the Board also expects the New Rights Plan to provide Hornbeck Offshore with a tool to protect its US citizenship qualification under US maritime law. The rights will expire on June 30, 2023. 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.wsreports.com/r/full_research_report/65e0_HOS]
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McDermott International, Inc. Research Report
On July 1, 2013, McDermott International, Inc. (McDermott) announced that one of its subsidiaries has been awarded an engineering, procurement, and construction (EPC) contract by ExxonMobil Corporation (Exxon) for its Julia development. McDermott said that the value of the contract is included in its Q2 2013 backlog. "McDermott offered a very competitive solution for the Julia project with the right people, assets, and technology," said Stephen M. Johnson, Chairman, President, and CEO of McDermott. "The installation solution we offer provides a high degree of reliability and precision using key vessels in our fleet for deepwater lowering and flexible lay, and further demonstrates our commitment to the subsea market." The Company expects the offshore installation to begin in Q2 2015 and extend through the remainder of the year. 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.wsreports.com/r/full_research_report/6117_MDR]
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Helix Energy Solutions Group, Inc. Research Report
On July 2, 2013, Helix Energy Solutions Group, Inc. (Helix) announced that it will release the Company's financial and operational results for Q2 2013 on July 22, 2013. A conference call to discuss the Q2 2013 results will be hosted by Helix on July 23, 2013 at 9:00 a.m. CDT. In Q1 2013, the Company had reported net income of $1.6 million, or $0.02 per diluted share, compared with $65.7 million, or $0.62 per diluted share, in Q1 2012. Further, its Q1 2013 revenues were also down 14.1% YoY to $197.4 million. The Full Research Report on Helix Energy Solutions Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/42ed_HLX]
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Tesoro Logistics LP Research Report
On June 28, 2013, Tesoro Logistics LP (Tesoro) announced that it would release its Q2 2013 earnings result on August 5, 2013, after the market closes. A conference call will be broadcast live on August 6, 2013 at 7:30 a.m. CDT, to discuss the Q2 2013 results and other business matters. In Q1 2013, Tesoro reported net income of $18.7 million, or $0.40 per diluted common limited partner unit, and revenues of $51.6 million, compared with net income of $11.6 million, or $0.37 per diluted common limited partner unit, and revenues of $28.3 million in Q1 2012. The Full Research Report on Tesoro Logistics LP - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/a950_TLLP]
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GulfMark Offshore, Inc. Research Report
On July 8, 2013, GulfMark Offshore, Inc. (GulfMark) announced that its Q2 2013 earnings conference call has been scheduled on July 23, 2013 at 9:00 a.m. EDT.The conference call will be hosted by Quintin Kneen, President and CEO, Jay Mitchell, Executive Vice President and CFO, and David Rosenwasser, Senior Executive Vice President and COO. The Company also informed that it will issue earnings results for Q2 2013 the evening before the conference call. In the Q1 2013 earnings release, GulfMark had raised its full-year 2013 revenue guidance to the range of $425 million to $455 million, and stated that it expects its Q2 2013 revenue to be between $100 million and $105 million. The Full Research Report on GulfMark Offshore, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/91f1_GLF]
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SOURCE Wall Street Reports
