Grants, Construction Plans, Donations, Partnerships, and Prepayments - Analyst Notes on Scotts Miracle-Gro, Magellan, TransCanada, Axiall, and Cenovus

NEW YORK, April 7, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding The Scotts Miracle-Gro Company (NYSE: SMG), Magellan Midstream Partners LP (NYSE: MMP), TransCanada Corp. (NYSE: TRP), Axiall Corporation (NYSE: AXLL), and Cenovus Energy Inc. (NYSE: CVE). 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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The Scotts Miracle-Gro Company Analyst Notes 

On March 20, 2014, The Scotts Miracle-Gro Company (ScottsMiracle-Gro) announced the names of the 2014 GRO1000 Grassroots Grant winners, marking the first day of spring. The Company said that more than 90 grants were awarded to deserving non-profit organizations nationwide. According to ScottsMiracle-Gro, the grants are part of the larger GRO1000 Gardens and Green Space Program, which is committed to create more than 1,000 community gardens and green spaces by 2018. Jim King, the Company's Senior Vice President and Chief Communications Officer, said, "We celebrate the many organizations across the U.S. that are making a difference and inspiring their local communities through gardening. Through GRO1000, it is our privilege to bring the many benefits of gardens and green spaces to deserving communities." The full analyst notes on The Scotts Miracle-Gro Company are available to download free of charge at:

http://www.AnalystsReview.com/04072014/SMG/report.pdf

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Magellan Midstream Partners LP Analyst Notes 

On March 31, 2014, Magellan Midstream Partners LP (Magellan) announced that it plans to construct a condensate splitter at its Corpus Christi terminal in Texas under a fee-based, take-or-pay agreement with Trafigura AG. The Company said that the splitter will be capable of processing 50,000 barrels per day (bpd) of condensate. According to Magellan, the project also includes construction of more than one million barrels of storage, dock improvements, and two additional truck rack bays at its terminal as well as pipeline connectivity between Magellan's terminal and Trafigura AG's nearby facility. The Company informed that it expects the construction of the condensate splitter to cost approximately $250 million and to be operational during H2 2016. The full analyst notes on Magellan Midstream Partners LP are available to download free of charge at:

http://www.AnalystsReview.com/04072014/MMP/report.pdf

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TransCanada Corp. Analyst Notes 

On April 1, 2014, TransCanada Corp. (TransCanada) reported that it is donating $40,000 to the Canadian Agricultural Safety Association (CASA) to support Progressive Agriculture Safety Day® events for 2014, which will provide farm safety education for the Canadian youth. According to the Company, the Progressive Agriculture Safety Day® is the largest rural safety and health education program for children in North America, in which nearly 13,000 children participated in Safety Day events across Canada. TransCanada stated that its donation will support 20 additional Safety Day events, enabling the program to reach 3,000 additional participants in Canada throughout 2014. Peter Kruselnicki, Vice President of Stakeholder Relations at TransCanada, said, "Adding CASA to our list of partners is a great way to promote a culture of safety in communities throughout Canada. More specifically, this is also a means of preventing injuries, property damage and outages by ensuring that Canadians are calling or clicking before they dig." The full analyst notes on TransCanada Corp. are available to download free of charge at:

http://www.AnalystsReview.com/04072014/TRP/report.pdf

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Axiall Corporation Analyst Notes 

On March 31, 2014, Axiall Corporation reported that its division Royal Building Products (Royal) announced the addition of U.S. Lumber to Royal's Southeast and Mid-Atlantic distribution network. According to Royal, product lines now available through U.S. Lumber include Royal trim and mouldings profiles, which include the S4S Trimboard™, Royal Trimboard® sheet stock, fascia, window and door surrounds, and decorative moulding. Commenting on the partnership, Simon Bates, Vice President And General Manager, Royal Exteriors, stated, "We have ambitious goals for the Exteriors division of Royal, and U.S. Lumber is an ideal partner for helping us generate more demand for our products." The full analyst notes on Axiall Corporation are available to download free of charge at:

http://www.AnalystsReview.com/04072014/AXLL/report.pdf

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Cenovus Energy Inc. Analyst Notes 

On April 1, 2014, Cenovus Energy Inc. (Cenovus) reported that it has prepaid its $2.7 billion partnership contribution to WRB Refining LP of which Cenovus is a 50% owner, resulting in a net cash payment of c. $1.35 billion. Ivor Ruste, Executive Vice-President and CFO, commented, "The partnership contribution payable carried an interest rate in excess of what we could earn on the cash used to make the prepayment. The early payment will result in savings on interest costs that would have been paid over the next three years." The Company also stated that the prepayment was funded from the net proceeds of c. $1.4 billion received in December from ConocoPhillips,  its oil sands partner, which prepaid the partnership contribution receivable owing to the Foster Creek/Christina Lake (FCCL) Partnership, in which Cenovus owns 50%. The full analyst notes on Cenovus Energy Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04072014/CVE/report.pdf

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