NEW YORK, April 8, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding BP
plc. (NYSE: BP), Cabot Oil & Gas Corporation (NYSE: COG), EQT
Corporation (NYSE: EQT), Goldcorp Inc. (NYSE: GG), and Simon
Property Group Inc. (NYSE: SPG). Private wealth members receive
these notes ahead of publication. To reserve complementary
membership, limited openings are available at:
http://www.AnalystsReview.com/register
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BP plc Analyst Notes
On April 2, 2014, BP plc (BP)
announced that it plans to shut down refining operations at its
102,000 barrels per day (bpd) Bulwer Island refinery in
Brisbane, Queensland by mid-2015, and cut back over 90%
of the workforce. Andy Holmes,
President of BP Australasia, said that the growth of very large
refineries in the Asia-Pacific
region was driving structural change within the fuels supply chain
in Australia and putting huge
commercial pressure on smaller scale plants. BP currently employs
nearly 380 staff at the refinery and will reduce the staff strength
to 25 between now and mid-2015. Hit by the shrinking refining
margins and lower output, the Company recently reported a sharp
decline in its Q4 2013 underlying replacement cost profit at
$2.8 billion versus $3.9 billion in Q4 2012. Following the
announcement, the stock (ADR) of BP ended unchanged at $48.44 on NYSE. The full analyst notes on BP plc.
are available to download free of charge at:
http://www.AnalystsReview.com/04072014/BP/report.pdf
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Cabot Oil & Gas Corporation Analyst Notes
On March 27, 2014, Cabot Oil &
Gas Corporation (Cabot) announced that the Company will announce
its Q1 2014 operating and financial results on Thursday, April 24, 2014 at 9:30 a.m. ET, before market opening. Post the
results release, the Company will also host a conference call at
9:30 a.m. ET on the same day.
According to Zacks.com, the consensus EPS estimate for Q1 2014 is
$0.27. In Q1 2013, the Company
reported net income of $42.8 million,
or $0.20 per share. The full analyst
notes on Cabot Oil & Gas Corporation are available to download
free of charge at:
http://www.AnalystsReview.com/04072014/COG/report.pdf
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EQT Corporation Analyst Notes
On April 2, 2014, EQT Corporation
(EQT) stock ended the trading session at $101.29, up 2.68%, and in line with the broader
market index NYSE Composite which gained 0.31% to end the session
at 10,616.87. The stock opened at $98.95 and fluctuated in the range of
$98.52 - $101.37. A total of 1.95
million shares changed hands, higher than the previous day trading
volume of 1.22 million shares. The stock is trading near its
52-week high of $104.72, which it
made on March 18, 2014. In the past
12 months, the stock has returned 49.51%, outperforming NYSE
Composite which gained 16.58% during the same time period. The full
analyst notes on EQT Corporation are available to download free of
charge at:
http://www.AnalystsReview.com/04072014/EQT/report.pdf
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Goldcorp Inc. Analyst Notes
On April 2, 2014, Goldcorp Inc.
(Goldcorp) announced suspension of operations at the Los Filos mine
in Guerrero State, Mexico
following failed efforts with the Carrizalillo Ejido to renew the
occupancy agreement that expired on March
31, 2014. According to Goldcorp, certain activities related
to environmental safeguards and site security will continue during
the suspension. The Los Filos mine directly employs more than 2,600
people from nearby areas with an estimated 10,000 additional jobs
created as a result of the mine's presence in the region. The
Company informed that it continues to hold discussions with
Ejido representatives to resolve
the situation at the earliest, while ensuring the long-term
sustainability of operations amid a lower gold price environment
and significantly higher Mexican tax obligations. The full analyst
notes on Goldcorp Inc. are available to download free of charge
at:
http://www.AnalystsReview.com/04072014/GG/report.pdf
--
Simon Property Group Inc. Analyst Notes
On April 2, 2014, shares of Simon
Property Group Inc. (Simon) fell 0.27% to end the trading session
at $164.47. The stock opened at
$164.50 and touched an intra-day high
of $164.93 and a low of $163.41. A total of 1.03 million shares were
traded, lower than the previous day trading volume of 1.16 million
shares. The stock has gained 7.22% year-to-date, compared with a
2.50% gain in NYSE Composite during the same time period. The
Company will release its Q1 2014 financial results on April 22, 2014. The full analyst notes on Simon
Property Group Inc. are available to download free of charge
at:
http://www.AnalystsReview.com/04072014/SPG/report.pdf
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