StockCall Pre-Market Review on Spectra Energy, Kinder Morgan, Plains All American Pipeline, Energy Transfer Equity, and Enbridge

Apr 05, 2013, 08:06 ET from

LONDON, April 5, 2013 /PRNewswire/ --

Stocks remained largely positive despite concerns about U.S. payroll data report, which is due shortly. Unemployment benefit claims touched their four months highs, however, payroll report is expected to show new job additions. Basic Material sector remained under pressure as we tracked major companies in the Oil & Gas Pipelines industry like Spectra Energy Corp. (NYSE: SE), Kinder Morgan Inc. (NYSE: KMI), Plain All American Pipeline LP (NYSE: PAA), Energy Transfer Equity LP (NYSE: ETE) and Enbridge Inc. (NYSE: ENB). StockCall analysts initiated preliminary technical research on SE, KMI, PAA, ETE, and ENB. These free reports are accessible by signing today at

Spectra Energy Corp. closed its latest trading session at $30.17, up 0.43 percent from its previous close. The stock traded in the range of $29.91 and $30.40 with volume of 2.71 million shares in the session. It is likely to face its first resistance level at $30.74 and upon breaching this level the stock may go up to $30.95. On the downside, Spectra Energy may tumble to $29.88 level. The stock has low volatility as it sports the beta of 0.93. So far in 2013, it gained 11.87 percent whereas in the past 52 weeks, it lost 4.37 percent of its value. The stock is in a bullish mode. The free technical analysis on SE is available by signing up at

Kinder Morgan Inc.'s stock is up 9.36 percent on a YTD basis, thanks to the 0.05 percent gain posted in the previous trading session. The stock closed at $37.86 after trading in the range of $37.66 and $38.15 yesterday. KMI is showing a bullish streak and may touch the $39.22 level. Its second resistance level is at $39.41. It traded 2.80 million shares during Thursday's session, down from its average trading volume of 3.77 million. Kinder Morgan lost 2.04 percent in the past 52 weeks but has shown some recovery so far this year. It is currently trading above its short-term moving average price of $37.47. Register now to download the free research on KMI at

Plain All American Pipeline LP's stock is in the green as its YTD returns with 24.12 percent gain, despite closing Thursday's trading session at $55.27, down 0.14. The stock traded in the range of $54.81 and $55.48 and closed at $55.27 yesterday. However, it traded lower than average number of shares at 693,299. The stock is in a neutral mode and is likely to maintain the trend in the coming sessions. Its first resistance level is at $57.38 and it may test the support level of $53.59 in the coming sessions. Free report on PAA can be accessed by registering at

Energy Transfer Equity LP traded in the range of $56.67 and $57.45 in its latest trading session and ended the day at $57.21, up 0.67 percent. The stock's 52 weeks range stands at $34.00 and $59.08. The company's stock has appreciated 41.96 percent in the past 12 months, while it gained 28.85 percent on a YTD basis. Energy Transfer Equity is in a bullish mode and may find its first resistance level at $57.73. Register with StockCall and download the research on ETE for free at

Despite the upward trend shown by broad market indices, Enbridge Inc.'s stock finished 0.41 percent lower at $45.82, with volume up from daily average of 737,715 to 1 million. The stock is up so far in 2013 with its year-to-date gain at 7.43 percent. However, the stock currently shows a neutral trend which is further confirmed by the stock's MACD chart. Enbridge has its first support level at $45.26. Read the full free research on ENB by signing up to StockCall at

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