NEW YORK, February 9, 2017 /PRNewswire/ --
On Wednesday, February 08, 2017, the NASDAQ Composite and the S&P 500 edged higher 0.15% and 0.07%, respectively, at the closing bell, while the Dow Jones Industrial Average finished the day 0.18% lower. Six out of nine sectors ended Wednesday's trading session in bullish territories. Taking into consideration yesterday's market sentiment, Stock-Callers.com assessed the following Oil & Gas Pipelines equities this morning: Cheniere Energy Inc. (NYSE MKT: LNG), Plains All American Pipeline L.P. (NYSE: PAA), Enbridge Inc. (NYSE: ENB), and Targa Resources Corporation (NYSE: TRGP). You can access our complimentary research reports on these stocks now at:
Houston, Texas-based Cheniere Energy Inc.'s stock edged 0.42% higher, to close the day at $48.01. The stock recorded a trading volume of 1.52 million shares. Cheniere Energy's shares have surged 9.51% in the last one month, 28.09% in the previous three months, and 96.28% in the past one year. The Company's shares are trading 10.13% and 19.22% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which engages in the liquefied natural gas related business in the US, have a Relative Strength Index (RSI) of 58.60.
Yesterday, research firm Wells Fargo initiated an 'Outperform' rating on the Company's stock. Visit us today and download your complete report on LNG for free at:
Plains All American Pipeline
On Wednesday, shares in Houston, Texas headquartered Plains All American Pipeline L.P. ended the session 2.85% lower at $31.37 with a total volume of 3.44 million shares traded. Plains All American Pipeline's shares have gained 9.14% in the last three months and 115.81% in the previous one year. 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 62.12. The stock is trading 11.79% above its 200-day moving average. Moreover, the Company's shares have an RSI of 48.84.
On January 31st, 2017, research firm Robert W. Baird upgraded the Company's stock rating from 'Neutral' to 'Outperform' while revising its previous target price from $32 a share to $37 a share. The complimentary research report on PAA can be accessed at:
On Wednesday, shares in Calgary, Canada headquartered Enbridge Inc. recorded a trading volume of 2.80 million shares, which was above their three months average volume of 2.09 million shares. The stock ended the day 1.28% higher at $42.80. Shares of the Company, which operates as an energy transportation and distribution company in the US and Canada, are trading at a PE ratio of 27.44. Enbridge's stock has gained 1.27% in the last three months and 38.40% in the previous one year. The Company is trading above its 50-day and 200-day moving averages by 0.26% and 2.79%, respectively. Furthermore, Enbridge's shares have an RSI of 49.05.
On January 18th, 2017, research firm Citigroup resumed its 'Neutral' rating on the Company's stock. Register for free on Stock-Callers.com and download the PDF research report on ENB at:
Houston, Texas headquartered Targa Resources Corp.'s stock finished Wednesday's session 0.77% higher at $59.11 with a total volume of 2.00 million shares traded. Over the last one month and the previous three months, Targa Resources' shares have gained 2.46% and 31.21%, respectively. Furthermore, the stock has rallied 264.99% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 5.85% and 29.85%, respectively. Shares of Targa Resources, which through its general and limited partner interests in Targa Resources Partners L.P., provides midstream natural gas and natural gas liquid services in the US, have an RSI of 55.16.
On January 12th, 2017, research firm Raymond James upgraded the Company's stock rating from 'Market Perform' to 'Outperform'. Get free access to your research report on TRGP at:
Stock Callers (SC) 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. SC 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.
SC 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") represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer 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 whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer 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, SC, the Author, and the Reviewer 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 SC 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
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA