NEW YORK, October 24, 2013 /PRNewswire/ --
Today, Analysts Corner announced new research reports highlighting Crosstex Energy LP (NASDAQ: XTEX), Enterprise Products Partners L.P. (NYSE: EPD), Newfield Exploration Co. (NYSE: NFX), National Fuel Gas Company (NYSE: NFG), and Diamondback Energy, Inc. (NASDAQ: FANG). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Crosstex Energy LP Research Report
On October 21, 2013, Crosstex Energy LP and Crosstex Energy, Inc. (collectively Crosstex) announced that Crosstex has signed definitive agreements with Devon Energy Corporation (Devon) to combine substantially all of Devon's US midstream assets with Crosstex's assets to form a new midstream business. According to Crosstex, the new business will consist of two publicly traded entities, the Master Limited Partnership and a General Partner entity (Master Limited Partnership and General Partner, collectively the New Company). Crosstex reported that the New Company is expected to have adjusted EBITDA of approximately $700 million in 2014, before synergies, and the deal is expected to be immediately accretive to both Crosstex and Devon. The Company stated that a name for the New Company will be announced prior to the closing of the transaction, which is expected in Q1 2014. The Full Research Report on Crosstex Energy LP - 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/5a73_XTEX]
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Enterprise Products Partners L.P. Research Report
On October 14, 2013, Enterprise Products Partners L.P. (Enterprise) declared an increase in the quarterly cash distribution paid to partners to $0.69 per common unit, or $2.76 per unit on an annualized basis. Enterprise reported that the distribution is payable on Thursday, November 7, 2013, to unitholders of record as of the close of business on Thursday, October 31, 2013. Moreover, Enterprise stated that it will release its Q3 2013 results before the NYSE opens for trading on Thursday, October 31, 2013. The Company informed that a conference call discussing its quarterly results will be held on the same day at 9:00 a.m. CDT, and will be accessible through its website. The Full Research Report on Enterprise Products 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/7450_EPD]
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Newfield Exploration Co. Research Report
On October 14, 2013, Newfield Exploration Co. (Newfield) announced that Terry W. Rathert, a Newfield founder and the Executive Vice President and CFO, will retire in 2014, after more than 25 years with the Company. Newfield reported that it intends to appoint Lawrence S. Massaro to succeed Rathert as Executive Vice President and CFO effective November 11, 2013. The Company stated that Rathert will serve as special advisor through August 2014, assisting during this transitional period. The Full Research Report on Newfield Exploration Co. - 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/05f5_NFX]
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National Fuel Gas Company Research Report
On October 15, 2013, National Fuel Gas Company (National Fuel) announced that it will host its Q4 FY 2013 conference call on Friday, November 8, 2013, at 11 a.m. ET. National Fuel reported that the call, which will be held to discuss the financial results and to provide an update on the Company and its operations, will be accessible through the Company's Investor Relations website. The Company stated that a replay will be available from 3:00 p.m. on the same day until the close of business on Friday, November 15, 2013 and that interested parties may visit the Investor Relations website for the replay. The Full Research Report on National Fuel Gas 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/04b5_NFG]
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Diamondback Energy, Inc. Research Report
On October 14, 2013, Diamondback Energy, Inc. (Diamondback) announced two new milestone attainments - completing one year anniversary as a public company, and achieving daily net production of more than 10,000 Boe on October 4, 2013 (which includes approximately 1.8 MBoe/d from the previously announced minerals acquisition). Travis Stice, Diamondback's CEO, commented, "This achievement is a significant milestone that all of our employees, stockholders and other stakeholders can be proud of. Our team has worked hard during this past year to more than double our production and achieve exceptional execution throughout our operations. We are happy to report that our third quarter average net production was approximately 7.4 MBoe/d and our third quarter net exit rate was 9.8 MBoe/d. I am excited about continuing our remarkable growth trajectory." The Full Research Report on Diamondback 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/4744_FANG]
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