Equities Updates on Oil and Gas Pipelines - Energy Transfer Equity, Spectra Energy, Williams Partners, Targa Resources, and Enbridge Energy Partners

Aug 03, 2015, 09:45 ET from www.equityresearchinstitute.com

NEW YORK, August 3, 2015 /PRNewswire/ --

Equity Research Institute has initiated coverage on the following equities: Energy Transfer Equity L.P. (NYSE: ETE), Spectra Energy Corporation (NYSE: SE), Williams Partners L.P. (NYSE: WPZ), Targa Resources Corporation (NYSE: TRGP), and Enbridge Energy Partners L.P. (NYSE: EEP). Free research report on Energy Transfer Equity can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=ETE On Friday, July 31, 2015, the NASDAQ Composite ended at 5,128.28, down 0.01%, the Dow Jones Industrial Average edged 0.32% lower, to finish the day at 17,689.86, and the S&P 500 closed at 2,103.84, down 0.23%. The gains were broad based as five out of nine sectors ended the session in positive. Register for your complimentary reports at the links given below.  

Energy Transfer Equity L.P.'s stock edged 0.27% higher, to close Friday's session at $30.08. The stock recorded a trading volume of 4.85 million shares, above its three months average volume of 4.45 million shares. Over the last one month and the previous three months, Energy Transfer Equity L.P.'s shares have declined 4.63% and 11.10%, respectively. However, the stock has gained 6.43% since the start of this year. The company is trading 8.03% and 1.64% below its 50-day and 200-day moving averages, respectively. Furthermore, Energy Transfer Equity L.P.'s stock traded at a PE ratio of 42.97 and has a Relative Strength Index (RSI) of 41.01. Sign up and read the free notes on ETE at:

https://www.EquityResearchInstitute.com/reports?keyword=ETE

Spectra Energy Corp.'s stock finished Friday's session 0.33% lower at $30.26. A total of 3.82 million shares were traded, which was below its three months average volume of 4.01 million shares. Over the last one month and the previous three months, Spectra Energy Corp.'s shares have lost 4.99% and 18.45%, respectively. Additionally, the stock has declined 14.94% since the beginning of 2015. The company's shares are trading below their 50-day and 200-day moving averages by 7.11% and 13.52%, respectively. Spectra Energy Corp.'s stock traded at a PE ratio of 21.93 and has an RSI of 40.74. The complimentary notes on SE can be downloaded in PDF format at:

https://www.EquityResearchInstitute.com/reports?keyword=SE

On Friday, shares in Williams Partners L.P. ended the session 2.41% lower at $46.13. The stock reported a trading volume of 2.28 million shares, below its three months average volume of 2.96 million shares. Shares of the company traded at a PE ratio of 75.62. Williams Partners L.P.'s shares have declined 3.39% in the last one month, 8.05% in the previous three months and 8.07% on YTD basis. The stock is trading 9.14% below its 50-day moving average and 10.03% below its 200-day moving average. Moreover, shares of Williams Partners L.P. have an RSI of 39.84. Register for free on Equity Research Institute and access the latest research on WPZ at:

https://www.EquityResearchInstitute.com/reports?keyword=WPZ

Targa Resources Corp.'s stock lost 1.36%, to close the day at $88.45. The stock recorded a trading volume of 0.45 million shares, below its three months average volume of 0.67 million shares. Over the previous three months and since the start of this year, Targa Resources Corp.'s shares have plummeted 14.95% and 14.37%, respectively. However, the stock has advanced 2.72% in the last one month. The company's shares are trading 1.03% below their 50-day moving average. Additionally, Targa Resources Corp. traded at a PE ratio of 43.57 and has an RSI of 51.42. The complete research on TRGP is available for free at:

https://www.EquityResearchInstitute.com/reports?keyword=TRGP

On Friday, shares in Enbridge Energy Partners L.P. recorded a trading volume of 1.14 million shares, higher than their three months average volume of 0.60 million shares. The stock ended the day 4.15% lower at $31.43. Shares of the company traded at a PE ratio of 42.47. Enbridge Energy Partners L.P.'s stock has lost 5.53% in the last one month, 15.24% in the previous three months and 18.90% on YTD basis. The company is trading below its 50-day and 200-day moving averages by 9.57% and 13.67%, respectively. Furthermore, shares of Enbridge Energy Partners L.P. have an RSI of 40.66. Free in-depth research on EEP is available at:

https://www.EquityResearchInstitute.com/reports?keyword=EEP

--

About Equity Research Institute: 

Equity Research Institute ("ERI") 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. ERI 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.

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

PRESS RELEASE PROCEDURES:  

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"). Rohit Tuli, a CFA® charter holder (the "CFA®"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on sound investment judgment and publicly available information which is believed to be reliable. The Reviewer and the CFA® have not performed any independent investigations or forensic audits to validate the information herein. Unless otherwise noted, any content outside of this document has no association with the Author, the Reviewer, or the CFA® (collectively referred to as the "Production Team") in any way. The Production Team is compensated on a fixed monthly basis and do not hold any positions of interest in any of the securities mentioned herein.

NO WARRANTY 

ERI, the Author, the Reviewer and the CFA® (collectively referred to as the "Publishers") 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 by the Publishers whatsoever for any direct, indirect or consequential loss arising from the use of this document. The Publishers 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, the Publishers 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.

NOT AN OFFERING 

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 ERI 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.equityresearchinstitute.com.

RESTRICTIONS 

ERI is not available to residents of Belarus, Cuba, Canada, Iran, North Korea, Sudan, Syria or Somalia. Do not send email to robottrap (at) equityresearchinstitute.com.

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

SOURCE www.equityresearchinstitute.com