July 12, 2016 - 9:18 AM EDT
Print Email Article Font Down Font Up
Coverage Initiated on Select Oil & Gas Pipelines' Equities

LONDON, UK / ACCESSWIRE / July 12, 2016 / Active Wall St. announces the list of stocks for today's coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Oil & Gas Pipelines industry. Companies recently under review include Cheniere Energy, Williams Partners, Magellan Midstream Partners, and Frank's Intl. See our complete notes on Cheniere Energy at:


Today, AWS is promoting its equity coverage. Get all of our research notes free by signing up to http://www.activewallst.com/register/.

The Oil and Gas Pipelines segment continues to reshape their operating models due to fluctuations in demand. Let us see how this is affecting some of the big names in the industry. Register with us now for your free membership and more at:


Active Wall St. takes a brief technical look at how each of the companies mentioned above have fared over the last few trading sessions.

Cheniere Energy Inc. (NYSE MKT: LNG)

Houston, Texas-based energy company Cheniere Energy Inc.'s stock finished Monday's session 0.24% higher at $37.75 with a total volume of 1.72 million shares traded. The Company's shares have advanced 3.28% in the past month, 6.52% over the previous three months, and 1.34% on an YTD basis. The stock is trading above its 50-day moving average by 7.95%. Furthermore, shares of Cheniere Energy, which engages in the liquefied natural gas related business in the U.S, have a Relative Strength Index (RSI) of 58.86. On June 14th, 2016, research firm Scotia Howard Weil upgraded the Company's stock ratings from 'Sector Perform' to 'Sector Outperform', issuing a target price of $52 a share.

On July 7, 2016 Cheniere Energy announced that it plans to release its second quarter 2016 financial results on Tuesday, August 9, 2016 before the market opens.

Williams Partners L.P. (NYSE: WPZ)

On Monday, shares in Tulsa, Oklahoma-based Williams Partners L.P. ended the session at $35.28, slightly down 1.18%. The stock recorded a trading volume of 941,110 shares. The Company's shares have gained 2.89% in the last one month, 60.84% in the previous three months, and 36.59% since the start of this year. The stock is trading 10.04% above its 50-day moving average and 37.26% above its 200-day moving average. Moreover, shares of Williams Partners, which operates as an energy infrastructure company, have an RSI of 61.66.

On June 29, 2016, Williams Partners announced that it will seek damages after Energy Transfer Equity terminated their merger. "Williams has concluded that it is in the best interests of its stockholders to seek, among other remedies, monetary damages from ETE for its breaches," the company said in a statement.

On June 30th, 2016, research firm RBC Capital Markets reiterated its 'Sector Perform' rating with a decrease of the target price to $38 a share from $54 a share for the Company’s stock. The complimentary notes on WPZ can be accessed at:


Magellan Midstream Partners L.P. (NYSE: MMP)

Tulsa, Oklahoma headquartered Magellan Midstream Partners L.P.'s stock ended yesterday's session 0.76% higher at $74.70 and with a total volume of 536,090 shares traded. The Company's shares have advanced 2.50% in the past month, 14.77% over the previous three months, and 12.63% on an YTD basis. The stock is trading 2.96% and 13.16% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Magellan Midstream Partners, which engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the U.S., have an RSI of 54.02.

On June 14, 2016, Seaport Global Securities initiated coverage on Magellan Midstream with a 'Buy' rating and a price target of $82.00.

On June 16, 2016, Magellan Midstream announced that it has elected Lori A. Gobillot and Edward J. Guay as independent board members effective June 15, 2016.Register for free and access the latest notes on MMP at:


Frank's International N.V. (NYSE: FI)

At the close on Monday, shares in Amsterdam, the Netherlands headquartered Frank's International N.V. recorded a trading volume of 544,795 shares. The stock finished 2.08% lower at $14.56. The Company's shares are trading below their 200-day moving average by 5.67%. Furthermore, shares of Frank's International, which provides various engineered tubular services for the oil and gas exploration and production companies in the U.S. and globally, have an RSI of 40.80. On July 11th, 2016, research firm Jefferies downgraded the Company's stock rating from 'Hold' to 'Underperform'. The research firm also revised downwards its previous target price from $14.50 to $12. The notes on FI are available for free at:


Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.


The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.


AWS, the Author, and the Reviewer are 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 whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do 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.


This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.


For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: [email protected]
Phone number: 1-858-257-3144
Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

Source: ACCESSWIRE Investor Awareness (July 12, 2016 - 9:18 AM EDT)

News by QuoteMedia

Legal Notice