NEW YORK, June 27, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Phillips 66 (NYSE: PSX), Noble Energy, Inc. (NYSE: NBL), Air Products & Chemicals Inc. (NYSE: APD), Tesoro Corporation (NYSE: TSO) and The Sherwin-Williams Company (NYSE: SHW). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4185-100free.
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Phillips 66 Analyst Notes
On June 23, 2014, Phillips 66 announced that it has agreed to acquire Spectrum Corporation, a leading specialty lubricants company. The transaction is expected to close in Q3 2014, after the receipt of regulatory approvals. According to Phillips 66 President Tim Taylor, "The acquisition of Spectrum complements our strong-performing Lubricants business by increasing our access to specialized global lubricants markets and is in line with our strategy to selectively grow our Marketing and Specialties segment. It also creates new opportunities to expand our worldwide Lubricants customer base." The full analyst notes on Phillips 66 are available to download free of charge at:
http://www.analystsreview.com/Jun-27-2014/PSX/report.pdf
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Noble Energy, Inc. Analyst Notes
On June 18, 2014, Noble Energy, Inc. (Noble Energy) announced that it will be hosting its Q2 2014 earnings webcast and conference call on Thursday, July 24, 2014 at 9:00 a.m. CT. On the same day, Noble Energy will issue its financial and operating results prior to market hours. Interested parties can access the webcast and the presentation materials on the Company's website. The full analyst notes on Noble Energy are available to download free of charge at:
http://www.analystsreview.com/Jun-27-2014/NBL/report.pdf
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Air Products & Chemicals Inc. Analyst Notes
On June 18, 2014, Air Products & Chemicals Inc.'s (Air Products) Board of Directors announced that it has named Seifi Ghasemi as Chairman, President and CEO of the Company, effective July 1, 2014. Currently, Mr. Ghasemi serves as a Director of Air Products, and also serves as Chairman and CEO of Rockwood Holdings, Inc. He succeeds John E. McGlade, who will continue to serve in his current role through June 30, 2014 and then retire. According to the Company, Mr. Ghasemi also held several leadership roles at global industrial companies such as GKN Sinter Metals, Inc. where he served as Chairman and CEO, as well as a variety of senior roles with The BOC Group, which is now part of Linde AG. The full analyst notes on Air Products are available to download free of charge at:
http://www.analystsreview.com/Jun-27-2014/APD/report.pdf
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Tesoro Corporation Analyst Notes
On June 23, 2014, Tesoro Corporation (Tesoro) and Tesoro Logistics LP (TLLP) announced that the latter has reached an agreement with the former to acquire certain terminalling and pipeline assets (West Coast Logistics Assets) owned by Tesoro's subsidiaries. The Logistics Assets include three refined products terminals that are adjacent to Tesoro's refineries; a 1.5 million barrel-capacity marine crude oil and heavy products storage facility; and an approximately 70 mile long refined products pipeline system that connects Tesoro's Kenai refinery to Anchorage, Alaska with an expected average throughput of approximately 35,000 barrels per day. Under the terms of the agreement, TLLP will acquire the assets for total consideration of $270 million, which includes cash proceeds of $243 million and Partnership equity valued at approximately $27 million. The terminalling and storage assets have an expected closing date early in Q3 2014, while the portion of the acquisition pursuant to which TLLP will acquire the Tesoro entity with ownership of the refined products pipeline is expected to close and fund late in Q3 2014 or early Q4 2014. The full analyst notes on Tesoro are available to download free of charge at:
http://www.analystsreview.com/Jun-27-2014/TSO/report.pdf
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The Sherwin-Williams Company Analyst Notes
On June 18, 2014, The Sherwin-Williams Company (Sherwin-Williams) stated that it will be issuing a press release to announce its financial results for Q2 2014, before market opens on Thursday, July 17, 2014. A copy of the press release and information about the Company's financial condition, operating segment results and other information will be available on Sherwin-Williams' website. A conference call will be hosted by the Company on the same day to discuss its Q2 2014 financial results and outlook for Q3 2014 and full year 2014 at 11:00 a.m. EDT. Chairman and CEO Chris Connor, will participate in the call, along with other senior executives. The conference call, which will be webcast simultaneously in a listen-only mode via Vcall, will be available at the Company's website. The full analyst notes on Sherwin-Williams are available to download free of charge at:
http://www.analystsreview.com/Jun-27-2014/SHW/report.pdf
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