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Plant Shutdown, Earnings Release Schedules, Suspension of Operations, and Stock Price Movements - Analyst Notes on BP, Cabot, EQT, Goldcorp, and Simon

Editor Note: For more information about this release, please scroll to bottom.

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

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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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About Analysts Review
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EDITOR NOTES: 

  • 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 Ananya Ghosh, 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] AnalystsReview.com.
  • For any urgent concerns or inquiries, please contact us at compliance [at] AnalystsReview.com.
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COMPLIANCE PROCEDURE 

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 Ananya Ghosh, 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.

NOT FINANCIAL ADVICE 

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.

NO WARRANTY OR LIABILITY ASSUMED 

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.

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