NEW YORK, April 21, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding
GasLog Ltd. (NYSE: GLOG), Golar LNG Ltd. (NASDAQ: GLNG), Nordic
American Tankers Limited (NYSE: NAT), Teekay Corporation (NYSE: TK)
Scorpio Tankers Inc. (NYSE: STNG). Private wealth members receive
these notes ahead of publication. To reserve complementary
membership, limited openings are available at:
http://www.analystsreview.com/1333-100free
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GasLog Ltd. Analyst Notes
On April 10, 2014, GasLog Ltd.
(GasLog) announced the completion of its acquisition of three LNG
carriers from Methane Services Ltd (MSL), an affiliate of BG Group.
Paul Wogan, CEO of GasLog,
commented, "We are delighted to complete this accretive transaction
and bring these vessels into the GasLog fleet. The acquisition
increases the size of our wholly owned fleet to 18 vessels with 11
of these ships currently on the water. The transaction also further
strengthens our long-standing relationship with BG Group." In the
completion of the transaction, GasLog has drawn down on its
$325.5 million credit facility with
Citibank, N.A., London Branch, and
satisfied the remainder of the $468
million consideration with cash raised in the follow-on
equity offering completed in January
2014. The full analyst notes on GasLog Ltd. are available to
download free of charge at:
http://www.analystsreview.com/1333-GLOG-21Apr2014.pdf
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Golar LNG Ltd. Analyst Notes
On April 15, 2014, Golar LNG
Limited's (Golar LNG) stock increased 5.43% to end the day at
$45.08, compared to the previous
day's closing price of $42.76. The
Company's stock has increased 28.10% over the past six trading
months, compared to the Nasdaq Composite which rose 6.33% during
the same trading period. The full analyst notes on Golar LNG Ltd.
are available to download free of charge at:
http://www.analystsreview.com/1333-GLNG-21Apr2014.pdf
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Nordic American Tankers Limited Analyst Notes
On April 11, 2014, Nordic American
Tankers Limited (Nordic American Tankers) announced that the
underwriters has exercised in full the option granted to them by
the Company and purchased an additional 1.8 million common shares
on the same terms on which the 12 million common shares were sold
to the underwriters. This is in connection with its previously
announced public offering of 12 million common shares at a public
offering price of $8.62 per share.
The Company also announced that the closing of the follow-on
offering and the closing of the option to purchase additional
shares took place simultaneously on April
11, 2014. The total net proceeds to the Company were
approximately $113.6 million. The
full analyst notes on Nordic American Tankers Limited are available
to download free of charge at:
http://www.analystsreview.com/1333-NAT-21Apr2014.pdf
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Teekay Corporation Analyst Notes
On April 4, 2014, Teekay Corp.
(Teekay) announced that its Board of Directors has authorized and
declared a quarterly cash dividend on its common stock of c.
$0.32 per share. The dividend is
payable on April 30, 2014 to all
shareholders of record as of April 17,
2014. The full analyst notes on Teekay Corporation are
available to download free of charge at:
http://www.analystsreview.com/1333-TK-21Apr2014.pdf
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Scorpio Tankers Inc. Analyst Notes
On April 15, 2014, Scorpio Tankers
Inc. (Scorpio Tankers) announced updates on its fleet. The Company
reported that it has recorded a gain of $51
million from the previously announced sale agreement of the
seven VLCC newbuilding contracts. The Company also announced that
at the end of March 2014, it has
taken delivery of STI Texas City. Scorpio Tankers also finalized
the previously announced sale agreements of Noemi and Senatore, and
the Company reported that the previously announced sale agreement
of STI Spirit, which is expected to be finalized before the end of
April 2014, recorded loss in its Q4
2013 financial results. The full analyst notes on Scorpio Tankers
Inc. are available to download free of charge at:
http://www.analystsreview.com/1333-STNG-21Apr2014.pdf
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