NEW YORK, March 29, 2017 /PRNewswire/ --
The report "Global Oil and Gas Pipelines Industry Outlook to 2020 - Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Pipelines," which is available on MarketIntelReports, estimates that the Asia/Pacific market will continue to play a key role during the forecast period. Additionally, the Oil and Gas Pipelines market is predicted to perform strongly until 2020. Pre-market, Stock-Callers.com puts focus on these four stocks: Cheniere Energy Inc. (NYSE MKT: LNG), Enbridge Inc. (NYSE: ENB), Targa Resources Corp. (NYSE: TRGP), and ONEOK Partners L.P. (NYSE: OKS). Today's research reports on the aforementioned stocks are downloadable for free upon registration at:
Houston, Texas-based Cheniere Energy Inc.'s stock finished Tuesday's session 0.84% higher at $45.58 with a total trading volume of 1.45 million shares. The Company's shares have advanced 9.70% over the previous three months and 10.02% on an YTD basis. The stock is trading above its 200-day moving average by 8.04%. Furthermore, shares of Cheniere Energy, which engages in the liquefied natural gas related businesses in the US, have a Relative Strength Index (RSI) of 47.51.
On March 17th, 2017, Cheniere Energy announced that Midship Pipeline Company, LLC, a wholly owned subsidiary of Cheniere, has signed precedent agreements with foundation shippers to support the construction of a 200-mile, 36-inch interstate natural gas pipeline project, called the "Midship Project," and has launched a binding open season to solicit additional long-term commitments from shippers. The open season is expected to end at 3:00 p.m. CT on Thursday, March 30th, 2017. Visit us today and access our complete research report on LNG at:
Shares in Calgary, Canada headquartered Enbridge Inc. ended at $41.64, up 1.04% from the last trading session. The stock recorded a trading volume of 3.44 million shares. The Company's shares have gained 0.12% in the last month. The stock is trading 0.13% above its 200-day moving average. Moreover, shares of Enbridge, which engages in energy transportation activities in the US and Canada, have an RSI of 52.26.
On March 14th, 2017, research firm Credit Suisse resumed its 'Outperform' rating on the Company's stock. The complimentary report on ENB can be downloaded at:
Houston, Texas headquartered Targa Resources Corp.'s stock ended yesterday's session 0.83% higher at $57.32 with a total trading volume of 1.68 million shares. The Company's shares have advanced 2.52% in the past month, 0.32% over the previous three months, and 3.84% on an YTD basis. The stock is trading 18.11% above its 200-day moving average. Additionally, 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 52.78.
On March 13th, 2017, research firm Stifel upgraded the Company's stock rating from 'Hold' to 'Buy' while revising its previous target price from $64 a share to $65 a share.
On March 14th, 2017, Targa Resources Partners LP, a Delaware limited partnership of its parent -Targa Resources Corp., announced its monthly distribution on the partnership's 9.00% Series A Preferred Units for March 2017. The cash distribution will be paid April 17th, 2017 on all outstanding Series A Preferred Units to holders of record as of the close of business on March 31st, 2017. Register for free on Stock-Callers.com and access the latest research report on TRGP at:
On Tuesday, shares in Tulsa, Oklahoma headquartered ONEOK Partners L.P. recorded a trading volume of 599,372 shares. The stock finished 0.04% lower at $51.73. The Company's shares have advanced 13.36% in the previous three months and 22.45% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 2.61% and 22.87%, respectively. Furthermore, shares of ONEOK Partners, which engages in the gathering, processing, storage, and transportation of natural gas in the US, have an RSI of 53.63.
On March 07th, 2017, ONEOK Partners, L.P. and ONEOK, Inc. announced that Kevin L. Burdick, Senior Vice President of Natural Gas Gathering and Processing, has been promoted to Executive Vice President and Chief Commercial Officer. Michael A. Fitzgibbons, Vice President of Commercial, Natural Gas Gathering and Processing, has been promoted to Senior Vice President of Natural Gas Gathering and Processing. Get free access to your research report on OKS at:
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