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:
http://www.activewallst.com/registration-3/?symbol=LNG
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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:
http://www.activewallst.com/registration-3/?symbol=WPZ
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:
http://www.activewallst.com/registration-3/?symbol=MMP
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:
http://www.activewallst.com/registration-3/?symbol=FI
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SOURCE: Active Wall Street
