Welcome!

News Feed Item

The Zacks Analyst Blog Highlights:Embraer, Denbury Resources, ExxonMobil, ConocoPhillips and Clayton Williams Energy

CHICAGO, Feb. 14, 2014 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Embraer SA (NYSE:ERJ-Free Report), Denbury Resources Inc. (NYSE:DNR-Free Report), ExxonMobil Corporation (NYSE:XOM-Free Report), ConocoPhillips (NYSE:COP-Free Report) and Clayton Williams Energy, Inc. (NYSE:CWEI-Free Report).

(Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Thursday's Analyst Blog:

Embraer Sees Booming Demand in Asia-Pacific

Brazilian aircraft maker Embraer SA (NYSE:ERJ-Free Report) foresees a $70 billion growth opportunity over the next two decades in Asia-Pacific including China. The region is poised to take delivery of 1,500 new jets in the 70-130 seat segment over the said period. This will comprise almost 20% of the global demand in this segment. The Asia-Pacific region is believed to be the latest hunting ground for commercial aircraft manufacturers as encouraging demographic factors are driving unprecedented growth in the regional airline industry.

Embraer with an 80% plus stake in the 70-130 seat Asia Pacific market estimates that 65% of the projected new deliveries will aid in market growth while 35% will replace an ageing fleet. Since 2004 the company has delivered almost 150 E-Jets to 10 operators from 6 countries in the region.

Intra-regional liberalization supported by economic growth is expected to drive air transport demand by 6% annually by 2032. Embraer expects the Asia-Pacific region to gradually become the world's largest market for aircraft makers. This expansion is expected to come mostly from China and India where an emerging urban middle class is increasingly taking to air travel.

In a separate release, the company announced that it had signed a deal with U.S.-based Hawker Pacific Aerospace Inc. for maintenance and support services for its Legacy 500 and Legacy 450 executive jets in the Asia-Pacific region.

The Embraer E-Jet family is a series of narrow-body, medium-range, twin-engine jet airliners. Since 2004, Embraer holds a global market share of 51% of orders and 62% of deliveries in the 70 to 130-seat segment.

Embraer customers use these E-jets either as network carriers, as charter operators or as low cost and regional airlines. E-jets help the airlines in balancing demand with capacity, in substituting old and inefficient aircraft, and developing new markets at lower costs and greater efficiency.

Downcast Realizations Overshadow Denbury

Texas-based Denbury Resources Inc.'s (NYSE:DNR-Free Report) presented estimated reserves and preliminary production numbers for 2013 on Feb 11. However, a down trend in price realizations cast a dark shadow on investors' sentiment. As a result, the share price opened at $16.41 or up 0.7% on Feb 12 from the previous day's closing to finally settle at $16.35.

Denbury's average realized oil price was $93.00 per Bbl in the fourth quarter of 2013, compared to $105.91 per Bbl in the third quarter. This was partially offset by average realized natural gas price of $3.50 per Mcf in the fourth quarter, compared to $3.38 per Mcf in the third quarter.

Denbury Resources' total estimated proved oil and natural gas reserves at Dec 31, 2013 were 468 million barrels of oil equivalent (MMBOE), consisting of 387 million barrels of crude oil, condensate and natural gas liquids, and 81 MMBOE (or 490 billion cubic feet) of natural gas.

Denbury's aggregate proved reserves additions during 2013 were 85 MMBOE, representing a 330% reserves replacement-to-production ratio. The proved reserve additions consisted primarily of 34 MMBOE of reserves from tertiary development of Bell Creek Field and 42 MMBOE of reserves acquired in the Cedar Creek Anticline of Montana and North Dakota during 2013. These additions were offset by 26 MMBOE of production during the year.

Denbury expects 2013 capital expenditures to be $981 million for capital projects and $163 million for other capital costs. The company as of Feb 7 has acquired a total of approximately 58 million common shares under the program, or about 14% of its shares outstanding, at an average cost of $15.67 per share.

Denbury is the leading carbon dioxide Enhanced Oil Recovery company in the U.S. with a unique profile. Recently, the company closed the second and final phase of its previously announced divestiture program to ExxonMobil Corporation (NYSE:XOM-Free Report) and its wholly owned subsidiary, XTO Energy. The company plans to use most of the proceeds raised from its asset sale to work out a purchase deal with ConocoPhillips (NYSE:COP-Free Report).

Last month, Denbury inked an agreement with a wholly owned subsidiary of ConocoPhillips to purchase the producing property interests in Cedar Creek Anticline (CCA) for $1.05 billion in cash. The CAA acreage matches Denbury's existing portfolio. Also, recovery from these fields requires supply of carbon dioxide – a process in which Denbury excels in the Gulf of Mexico.

Plano, Texas-based Denbury Resources is a growing exploration and production company engaged in the acquisition, development, operation and exploration of oil and natural gas properties in the Gulf Coast and Rocky Mountain region of the U.S. It is the largest oil producer in Mississippi, with further properties in Louisiana, Alabama and Southeast Texas.

Denbury carries a Zacks #3 Rank (short-term Hold rating). However, there are better-ranked Zacks Rank #1 (Strong Buy) stocks in the oil and gas sector like Clayton Williams Energy, Inc. (NYSE:CWEI-Free Report) which are expected to outperform the market.

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today.

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros.  In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.

Get the full Report on ERJ - FREE

Get the full Report on DNR - FREE

Get the full Report on XOM - FREE

Get the full Report on COP - FREE

Get the full Report on CWEI - FREE

Follow us on Twitter: http://twitter.com/zacksresearch

Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
[email protected]
http://www.zacks.com

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

SOURCE Zacks Investment Research, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that N3N will exhibit at SYS-CON's @ThingsExpo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. N3N’s solutions increase the effectiveness of operations and control centers, increase the value of IoT investments, and facilitate real-time operational decision making. N3N enables operations teams with a four dimensional digital “big board” that consolidates real-time live video feeds alongside IoT sensor data a...
Today most companies are adopting or evaluating container technology - Docker in particular - to speed up application deployment, drive down cost, ease management and make application delivery more flexible overall. As with most new architectures, this dream takes significant work to become a reality. Even when you do get your application componentized enough and packaged properly, there are still challenges for DevOps teams to making the shift to continuous delivery and achieving that reducti...
Mobile device usage has increased exponentially during the past several years, as consumers rely on handhelds for everything from news and weather to banking and purchases. What can we expect in the next few years? The way in which we interact with our devices will fundamentally change, as businesses leverage Artificial Intelligence. We already see this taking shape as businesses leverage AI for cost savings and customer responsiveness. This trend will continue, as AI is used for more sophistica...
Many companies start their journey to the cloud in the DevOps environment, where software engineers want self-service access to the custom tools and frameworks they need. Machine learning technology can help IT departments keep up with these demands. In his session at 21st Cloud Expo, Ajay Gulati, Co-Founder, CTO and Board Member at ZeroStack, will discuss the use of machine learning for automating provisioning of DevOps resources, taking the burden off IT teams.
SYS-CON Events announced today that Cedexis will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Cedexis is the leader in data-driven enterprise global traffic management. Whether optimizing traffic through datacenters, clouds, CDNs, or any combination, Cedexis solutions drive quality and cost-effectiveness.
SYS-CON Events announced today that Enroute Lab will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enroute Lab is an industrial design, research and development company of unmanned robotic vehicle system. For more information, please visit http://elab.co.jp/.
SYS-CON Events announced today that Mobile Create USA will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Mobile Create USA Inc. is an MVNO-based business model that uses portable communication devices and cellular-based infrastructure in the development, sales, operation and mobile communications systems incorporating GPS capabi...
SYS-CON Events announced today that Suzuki Inc. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Suzuki Inc. is a semiconductor-related business, including sales of consuming parts, parts repair, and maintenance for semiconductor manufacturing machines, etc. It is also a health care business providing experimental research for...
IBM helps FinTechs and financial services companies build and monetize cognitive-enabled financial services apps quickly and at scale. Hosted on IBM Bluemix, IBM’s platform builds in customer insights, regulatory compliance analytics and security to help reduce development time and testing. In his session at 21st Cloud Expo, Lennart Frantzell, a Developer Advocate with IBM, will discuss how these tools simplify the time-consuming tasks of selection, mapping and data integration, allowing devel...
Cloud-based disaster recovery is critical to any production environment and is a high priority for many enterprise organizations today. Nearly 40% of organizations have had to execute their BCDR plan due to a service disruption in the past two years. Zerto on IBM Cloud offer VMware and Microsoft customers simple, automated recovery of on-premise VMware and Microsoft workloads to IBM Cloud data centers.
Why Federal cloud? What is in Federal Clouds and integrations? This session will identify the process and the FedRAMP initiative. But is it sufficient? What is the remedy for keeping abreast of cutting-edge technology? In his session at 21st Cloud Expo, Rasananda Behera will examine the proposed solutions: Private or public or hybrid cloud Responsible governing bodies How can we accomplish?
Real IoT production deployments running at scale are collecting sensor data from hundreds / thousands / millions of devices. The goal is to take business-critical actions on the real-time data and find insights from stored datasets. In his session at @ThingsExpo, John Walicki, Watson IoT Developer Advocate at IBM Cloud, will provide a fast-paced developer journey that follows the IoT sensor data from generation, to edge gateway, to edge analytics, to encryption, to the IBM Bluemix cloud, to Wa...
With the rise of DevOps, containers are at the brink of becoming a pervasive technology in Enterprise IT to accelerate application delivery for the business. When it comes to adopting containers in the enterprise, security is the highest adoption barrier. Is your organization ready to address the security risks with containers for your DevOps environment? In his session at @DevOpsSummit at 21st Cloud Expo, Chris Van Tuin, Chief Technologist, NA West at Red Hat, will discuss: The top security r...
SYS-CON Events announced today that Massive Networks, that helps your business operate seamlessly with fast, reliable, and secure internet and network solutions, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. As a premier telecommunications provider, Massive Networks is headquartered out of Louisville, Colorado. With years of experience under their belt, their team of...
SYS-CON Events announced today that Nihon Micron will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Nihon Micron Co., Ltd. strives for technological innovation to establish high-density, high-precision processing technology for providing printed circuit board and metal mount RFID tags used for communication devices. For more inf...