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Forthcoming Annual Meeting of Shareholders, Quarterly Earnings Releases, and Upcoming Conference Calls - Analyst Notes on PotashCorp, Airgas, Murphy, Devon and Ashland

NEW YORK, May 6, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Potash Corp. of Saskatchewan Inc. (NYSE: POT), Airgas Inc. (NYSE: ARG), Murphy Oil Corporation (NYSE: MUR), Devon Energy Corp. (NYSE: DVN) and Ashland Inc. (NYSE: ASH). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2072-100free.

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Potash Corp. of Saskatchewan Inc. Analyst Notes
On April 28, 2014, the Canadian fertilizer giant - Potash Corp. of Saskatchewan Inc. (PotashCorp) announced that the Company plans to hold its Annual Meeting of shareholders on May 15, 2014 in Saskatoon. Earlier on April 24, 2014, PotashCorp had released its Q1 2014 results, with sales of $1.68 billion, down 20.0% YoY. Net income stood at $340 million or $0.40 per diluted share, compared to a net income of $556 million or $0.63 per diluted share in Q1 2013. Going forward, for Q2 2014, the Company expects EPS in the range of $0.40-$0.45, while for full-year 2014, the EPS is expected in the range of $1.50-$1.80. The full analyst notes on PotashCorp are available to download free of charge at:

http://www.analystsreview.com/2072-POT-06May2014.pdf

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Airgas Inc. Analyst Notes
On May 1, 2014, Airgas Inc. (Airgas) released its Q4 FY 2014 and full year FY 2014 earnings (period ended March 31, 2014). The Company reported Q4 FY 2014 net sales of $1.3 billion, up 0.4% YoY, while net income came in at $88.4 million or $1.17 per diluted share, compared to a net income of $86.1 million or $1.13 per diluted share in Q4 FY 2013. For FY 2014, net sales were $5.1 billion, up 2.3% YoY, while the net income stood at $350.8 million or $4.68 per diluted share, compared to net income of $340.9 million or $4.35 per diluted share in FY 2013. For Q1 FY 2015, the Company expects diluted EPS in the range of $1.15 to $1.20 and $5.00 to $5.20 for FY 2015. On May 1, 2014, shares of Airgas declined 3.68% to end the trading session at $102.35. The full analyst notes on Airgas are available to download free of charge at:

http://www.analystsreview.com/2072-ARG-06May2014.pdf

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Murphy Oil Corporation Analyst Notes
On April 30, 2014, Murphy Oil Corporation (Murphy) released its Q1 2014 financial results. The Company reported a 0.4% YoY decline in Q1 2014 revenues to $1.29 billion, but surpassed the Zacks consensus revenue forecast of $1.27 billion. The Company's exploration and production revenues from the U.S. and Canada improved 18.7% YoY to $485.5 million and 14.1% YoY to $297.7 million, respectively. On the contrary, revenues from Malaysia fell 12.0% YoY to $492.8 million. Q1 2014 net income came in at $155.3 million or $0.85 per diluted share, versus net income of $360.6 million or $1.88 per diluted share in Q1 2013. The Company's Q1 2014 adjusted EPS came in at $0.96, in line with the Zacks consensus estimate. The Company pegged 2014 production guidance in the range of 225,000 to 230,000 BOEPD, factoring in delay in the start-up of the Kakap-Gumusut project, Malaysia and unplanned maintenance downtime in Syncrude, Canada. The full analyst notes on Murphy are available to download free of charge at:

http://www.analystsreview.com/2072-MUR-06May2014.pdf

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Devon Energy Corp. Analyst Notes
On April 30, 2014, Devon Energy Corp. (Devon) announced that it plans to hold its Q1 2014 earnings conference call on May 7, 2014 at 10:00 a.m. CT or 11:00 a.m. ET to discuss the financial as well as the operating aspects of its business. According to Zacks Investment research data, the consensus EPS forecast for Q1 2014 is $1.26. Devon is a leading U.S.-based independent oil and gas producer and is a part of the S&P 500 Index. The full analyst notes on Devon are available to download free of charge at:

http://www.analystsreview.com/2072-DVN-06May2014.pdf

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Ashland Inc. Analyst Notes
On April 30, 2014, after market hours, Ashland Inc (Ashland) - the global leader in specialty chemical solutions for consumer and industrial markets, released its Q2 FY 2014 financial results (period ended March 31, 2014). The Company reported Q2 FY 2014 sales of $1.5 billion, down 0.3% YoY. The Company reported Q1 2014 loss from continuing operations of $61 million, or $0.78 per diluted share, which included a $70 million after-tax, non-cash charge related to pension plan re-measurements, and a $61 million after-tax charge related to cost restructuring efforts; all of which reduced income by nearly $181 million, net of tax, or $2.31 per diluted share. Excluding the above items, Ashland's adjusted income from continuing operations was $120 million, which translates into a diluted EPS of $1.53. The Company's share price jumped 4.29%, in the next trading session. The full analyst notes on Ashland are available to download free of charge at:

http://www.analystsreview.com/2072-ASH-06May2014.pdf

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