May 16, 2018 - 8:20 AM EDT
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Today’s Free Research Report Coverage on Targa Resources and Three More Oil & Gas Stocks

Stock Research Monitor: SEP, TEGP, and PAA

LONDON, UK / ACCESSWIRE / May 16, 2018 / If you want a free Stock Review on TRGP sign up now at www.wallstequities.com/registration. WallStEquities.com shifts focus on the performance of four Oil and Gas (O&G) Pipelines stocks, namely, Spectra Energy Partners L.P. (NYSE: SEP), Tallgrass Energy GP L.P. (NYSE: TEGP), Plains All American Pipeline L.P. (NYSE: PAA), and Targa Resources Corp. (NYSE: TRGP). These companies belong to the Midstream sector of the O&G industry and is involved in the transportation and wholesale marketing of crude or refined petroleum products. Pipelines and other transport systems can be used to move crude oil from production sites to refineries and deliver the various refined products to downstream distributors. 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

On Tuesday, shares in Houston, Texas-based Spectra Energy Partners L.P. recorded a trading volume of 492,781 shares. The stock ended the session 0.36% lower at $33.18. The Company's shares are trading 4.33% below their 50-day moving average. Moreover, shares of the Company, which 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 44.85. Get the full research report on SEP for free by clicking below at:

www.wallstequities.com/registration/?symbol=SEP

Tallgrass Energy GP

Leawood, Kansas-based Tallgrass Energy GP L.P.'s stock closed the day 1.96% lower at $21.03 with a total trading volume of 220,771 shares. The stock is trading 5.36% above their 50-day moving average. Shares of the Company, which provides crude oil transportation services to customers in Wyoming, Colorado, and the surrounding regions of the US, have an RSI of 56.32.

On April 20th, 2018, Tallgrass Energy GP and Tallgrass Energy Partners, L.P. announced that Tallgrass was named one of The Denver Post's Top Workplaces -* the fourth consecutive year that the Company has been named to Top Workplaces. The list is compiled based on a third-party survey that measures aspects of workplace culture, including alignment, execution, and employee connection. Free research on TEGP can be accessed at:


www.wallstequities.com/registration/?symbol=TEGP


Plains All American Pipeline

Shares in Houston, Texas headquartered Plains All American Pipeline L.P. recorded a trading volume of 1.77 million shares. The stock ended yesterday's trading session 0.12% lower at $24.37. The Company's shares have advanced 8.84% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 5.07% and 12.06%, respectively. Furthermore, shares of the Company, which through its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil, natural gas liquids, and natural gas in the US and Canada, have an RSI of 55.16.

On April 25th, 2018, research firm Jefferies downgraded the Company's stock rating from 'Buy' to 'Hold'.

On May 09th, 2018, Plains All American Pipeline reported its Q1 2018 results. Revenues for Q1 2018 were $8,398 million, total costs and expenses were $8,017 million, and operating income was $381 million. Net income for the quarter was $288 million, and adjusted EBITDA was $593 million. Visit WallStEquities.com now and sign up for the free research on PAA at:

www.wallstequities.com/registration/?symbol=PAA


Targa Resources

Houston, Texas headquartered Targa Resources Corp.'s stock finished Tuesday's session 0.29% lower at $48.71 with a total trading volume of 2.11 million shares. The Company's shares have advanced 4.44% in the last month and 2.98% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 5.20% and 5.81%, 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 59.31.

On May 03rd, 2018, Targa Resources reported its Q1 2018 results. Net income attributable to the Company for Q1 2018 was $22.9 million, adjusted EBITDA was $306.6 million, and distributable cash flow was $216.4 million. As of March 31st, 2018, total consolidated liquidity of the Company, including $219.8 million of cash, was approximately $1.7 billion. The free technical report on TRGP is available at:

www.wallstequities.com/registration/?symbol=TRGP

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Source: ACCESSWIRE Investor Awareness (May 16, 2018 - 8:20 AM EDT)

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