Targa Resources and Three Additional Oil & Gas Pipelines Stocks on Our Research Desk’s Radar
Stock Research Monitor: SEP, DCP, and TCP
LONDON, UK / ACCESSWIRE / July 9, 2018 / If you want a free Stock Review on TRGP sign up now at www.wallstequities.com/registration. On Friday, July 6, 2018, the NASDAQ Composite ended the trading session at 7,688.39, up 1.34%; the Dow Jones Industrial Average edged 0.41% higher, to finish at 24,456.48; and the S&P 500 closed at 2,759.82, slightly advancing 0.85%. Gains were broad based as all sectors ended the day in positive. This Monday, WallStEquities.com has initiated reports coverage on the following Oil & Gas Pipelines equities: Spectra Energy Partners L.P. (NYSE: SEP), DCP Midstream L.P. (NYSE: DCP), Targa Resources Corp. (NYSE: TRGP), and TC PipeLines L.P. (NYSE: TCP). All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
Spectra Energy Partners
Houston, Texas-based Spectra Energy Partners L.P.'s stock finished Friday's session 1.72% higher at $35.54 with a total trading volume of 371,050 shares. The Company's shares have advanced 17.41% in the last month. The stock is trading above its 50-day moving average by 10.16%. Additionally, shares of the Company, which operates as an investment arm of Spectra Energy Corp. Spectra Energy Partners, L.P., through its subsidiaries, engages in the transportation of natural gas through interstate pipeline systems, and the storage of natural gas in underground facilities in the US, have a Relative Strength Index (RSI) of 69.48. Get the full research report on SEP for free by clicking below at:
www.wallstequities.com/registration/?symbol=SEP
DCP Midstream
On Friday, shares in Denver, Colorado headquartered DCP Midstream L.P. recorded a trading volume of 179,864 shares. The stock ended the session 1.13% higher at $40.36. The Company's shares have advanced 15.71% in the previous three months and 19.16% over the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 2.72% and 9.26%, respectively. Moreover, shares of DCP Midstream, which together with its subsidiaries, owns, operates, acquires, and develops a portfolio of midstream energy assets in the US, have an RSI of 56.50.
On June 12th, 2018, research firm Barclays downgraded the Company's stock rating from 'Equal Weight' to 'Underweight' while revising its previous target price from $46 a share to $39 a share. Free research on DCP can be accessed at:
www.wallstequities.com/registration/?symbol=DCP
Targa Resources
Houston, Texas headquartered Targa Resources Corp.'s shares closed the day 2.55% higher at $49.84. The stock recorded a trading volume of 1.29 million shares. The Company's shares have gained 10.88% over the previous three months and 12.08% over the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 3.48% and 6.75%, respectively. Additionally, shares of Targa Resources, which together with its subsidiary, Targa Resources Partners L.P., owns, operates, acquires, and develops a portfolio of midstream energy assets in North America, have an RSI of 56.69.
On June 12th, 2018, research firm Barclays downgraded the Company's stock rating from 'Overweight' to 'Equal Weight' while revising its previous target price from $57 a share to $52 a share. Sign up today for the free research report on TRGP at:
www.wallstequities.com/registration/?symbol=TRGP
TC PipeLines
Shares in Houston, Texas-based TC PipeLines L.P. finished 0.86% higher at $25.74. The stock recorded a trading volume of 122,210 shares. The Company's shares have advanced 2.26% in the last month. The stock is trading below its 50-day moving average by 1.86%. Furthermore, shares of TC PipeLines, which acquires, owns, and participates in the management of energy infrastructure businesses in North America, have an RSI of 51.87. Wall St. Equities' research coverage also includes the downloadable free report on TCP at:
www.wallstequities.com/registration/?symbol=TCP
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