Oil & Gas Stocks Under Scanner -- Plains GP, Cheniere Energy, Plains All American Pipeline, and Targa Resources

Sep 16, 2016, 06:00 ET from Chelmsford Park SA

NEW YORK, September 16, 2016 /PRNewswire/ --

On Thursday, September 15, 2016, the NASDAQ Composite ended the trading session at 5,249.69, up 1.47%; the Dow Jones Industrial Average edged 0.99% higher, to finish at 18,212.48; and the S&P 500 closed at 2,147.26, up 1.01%. The gains were broad based as all the sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: Plains GP Holdings L.P. (NYSE: PAGP), Cheniere Energy Inc. (NYSE MKT: LNG), Plains All American Pipeline L.P. (NYSE: PAA), and Targa Resources Corporation (NYSE: TRGP). Learn more about these stocks by downloading their free research reports in PDF format at:

http://stock-callers.com/registration

Plains GP Holdings  

Houston, Texas-based Plains GP Holdings L.P.'s stock finished Thursday's session 1.14% lower at $11.30 with a total volume of 2.35 million shares traded. Over the last one month and the previous three months, Plains GP Holdings L.P.'s shares have gained 0.53% and 11.89%, respectively. The Company's shares are trading above its 50-day and 200-day moving averages by 1.93% and 23.94%, respectively. Shares of Plains GP Holdings, which together with its subsidiaries, owns and operates midstream energy infrastructure in the US and Canada, are trading at a PE ratio of 20.77 and has a Relative Strength Index (RSI) of 44.73.

On August 31st, 2016, research firm Wunderlich reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $10 a share to $11 a share. Sign up and read the free research report on PAGP at:

http://stock-callers.com/registration/?symbol=PAGP

Cheniere Energy  

Houston, Texas-based Cheniere Energy's stock advanced 1.38%, to close the day at $43.44. The stock recorded a trading volume of 1.16 million shares. Shares of Cheniere Energy, which engages in the liquefied natural gas related business in the US, have gained 31.28% in the past three months. The Company's shares are trading 3.38% and 18.44% above its 50-day and 200-day moving averages, respectively. Additionally, the stock has an RSI of 50.18.

On September 6th, 2016, research firm Barclays reiterated its 'Overweight' rating on the Company's stock with a decrease of the target price from $64 a share to $53 a share. The complimentary research report on LNG can be downloaded at:

http://stock-callers.com/registration/?symbol=LNG

Plains All American Pipeline  

On Thursday, shares in Houston, Texas headquartered Plains All American Pipeline L.P. ended the session 0.15% lower at $27.15 with a total volume of 2.55 million shares traded. Plains All American Pipeline L.P.'s shares have advanced 5.92% in the previous three months. The stock is trading 17.18% above its 200-day moving average. Moreover, shares of the Company, which through with its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil, natural gas liquids, natural gas, and refined products in the US and Canada, are trading at a PE ratio of 78.02 and have an RSI of 35.66.

On September 9th, 2016, research firm FBR Capital initiated a 'Market Perform' rating on the Company's stock, issuing a target price of $30 per share. Register for free on Stock-Callers.com and access the latest report on PAA at:

http://stock-callers.com/registration/?symbol=PAA

Targa Resources  

On Thursday, shares in Houston, Texas headquartered Targa Resources Corp. recorded a trading volume of 2.34 million shares, which was higher than their three months average volume of 2.15 million shares. The stock ended the day 1.04% higher at $46.53. Shares of the Company are trading at a PE ratio of 146.32. Targa Resources Corp.'s stock has gained 8.21% in the last one month and 17.95% in the previous three months. The Company is trading above its 50-day and 200-day moving averages by 10.69% and 40.84%, respectively. Furthermore, shares of Targa Resources, which through its general and limited partner interests in Targa Resources Partners LP, provides midstream natural gas and natural gas liquid services in the US, have an RSI of 60.41.

On August 31st, 2016, research firm Wunderlich reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $44 a share to $45 a share. Get free access to your research report on TRGP at:

http://stock-callers.com/registration/?symbol=TRGP

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