Stock Quote

Resolved Suspensions and Debarments, Extended Consent Payment Deadlines, and Filing of Annual Report - Analyst Notes on BP, Encana, Statoil, Ecopetrol, and Sunoco Logistics

NEW YORK, March 19, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding BP plc (NYSE: BP), Encana Corporation (NYSE: EC), Statoil ASA (NYSE: STO), Ecopetrol SA (NYSE: EC), and Sunoco Logistics Partners L.P. (NYSE: SXL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at:

BP  plc  Analyst  Notes

On March 13, 2014, BP plc (BP) reported that the Company has entered into an administrative agreement with the United States Environmental Protection Agency (EPA), on behalf of the federal government, resolving all matters regarding the suspension, debarment and statutory disqualification of BP after the Deepwater Horizon accident and oil spill. Due to the said agreement, BP can once again enter into new contracts with the US government, along with new deepwater leases in the Gulf of Mexico. John Mingé, Chairman and President of BP America, Inc., commented, "After a lengthy negotiation, BP is pleased to have reached this resolution, which we believe to be fair and reasonable. Today's agreement will allow America's largest energy investor to compete again for federal contracts and leases." The full analyst notes on BP plc are available to download free of charge at:

Encana  Corporation  Analyst  Notes

On March 13, 2014, Encana Corporation (Encana) reported that its wholly-owned subsidiary, Encana Acquisition ULC (the Purchaser) received the necessary consents to authorize the proposed amendments to the indenture wherein the 5.80% Notes due May 1, 2014 (CUSIP / ISIN Numbers 292506AA0 / US292506AA00) (the Notes) issued by Encana Holdings Finance Corp. were issued. The Purchaser also extended the consent payment deadline to 10:00 a.m., New York City time, on March 28, 2014. The complete terms and conditions of the tender offer and consent solicitation are stated in the Offer to Purchase and Solicitation of Consents (the Tender Offer and Consent Solicitation Statement), dated February 28, 2014, and the related Letter of Transmittal and Consent which was sent to holders of the Notes. In accordance with the terms of the tender offer and consent solicitation, holders who have previously tendered their Notes can no longer validly withdraw those Notes from the tender offer. The full analyst notes on Encana Corporation are available to download free of charge at:

Statoil  ASA  Analyst  Notes

On March 17, 2014, Statoil ASA (Statoil) reported that on behalf of the Company, DNB purchased 564,243 shares for use in the group's Share saving plan on March 14, 2014. The shares were acquired at a price of (Norwegian Krone) NOK 164.82 per share. According to the Company, the Share saving plan has 8,130,876 shares before the same was distributed to the employees. The full analyst notes on Statoil ASA are available to download free of charge at:

Ecopetrol  SA  Analyst  Notes

On March 12, 2014, Ecopetrol SA (Ecopetrol) referred to the 6-K that the Company filed on September 11, 2013 (the Prior 6-K), and stated that KPMG Ltda., its independent registered public accounting firm for fiscal years 2011 and 2012, had notified the Company that they were initiating a consultation with the U.S. Securities and Exchange Commission (SEC) regarding the treatment under the SEC´s auditor independence rules of investments in Ecopetrol by the independent pension fund administrator which manages private pension funds where the partners of KPMG Ltda. and affiliates in Colombia (KPMG Colombia) had their pension fund savings. According to the Company, KPMG Ltda. advised the Company that it concluded that its independence was not compromised by the investments in the Company detailed in the Prior 6-K. The full analyst notes on Ecopetrol SA are available to download free of charge at:

Sunoco  Logistics  Partners  L.P.  Analyst  Notes

On February 27, 2014, Sunoco Logistics Partners L.P. (Sunoco Logistics) reported that the Partnership filed its Annual Report on Form 10-K with the Securities and Exchange Commission on February 27, 2014. The Company further informed that interested parties can access a copy of the Annual Report through the Partnership's website under the "Financial Information" heading in the "Investors" section. The full analyst notes on Sunoco Logistics Partners L.P. are available to download free of charge at:

About  Analysts  Review
We provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.



  • This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  • Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  • 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.
  • 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]
  • For  any  urgent  concerns  or  inquiries, please contact us at compliance [at]
  • Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] 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. An outsourced research services provider represented by Nidhi Vatsal, CFA, 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

Data & News supplied by
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.