NEW YORK, February 23, 2017 /PRNewswire/ --
Stock-Callers.com today monitors the performances of Kinder Morgan Inc. (NYSE: KMI), The Williams Cos. Inc. (NYSE: WMB), Energy Transfer Equity L.P. (NYSE: ETE), and MPLX L.P. (NYSE: MPLX). According to a report by Persistence Market Research, the demand for pipes is growing incessantly on a global scale with the intensification in the oil and gas pipeline infrastructure. Escalating crude oil production, in conjunction with growing deep drilling operations, is likely to catalyze the growth of the Oil and Gas Pipelines market, which is predicted to go up by 2021 in terms of revenue. Learn more about these stocks by downloading their free research reports in PDF format at:
Houston, Texas headquartered Kinder Morgan Inc.'s stock finished Wednesday's session 2.18% lower at $21.51 with a total trading volume of 10.15 million shares. Since the start of this year, the Company's shares have advanced 4.45%. The stock is trading above its 200-day moving average by 5.07%. Moreover, shares of Kinder Morgan, which operates as an energy infrastructure company in North America, have a Relative Strength Index (RSI) of 40.60. Sign up and read the free research report on KMI at:
Shares in Tulsa, Oklahoma headquartered The Williams Cos. Inc. declined 3.01%, ending yesterday's session at $28.00. A total volume of 14.69 million shares was traded, which was above their three months average volume of 9.54 million shares. The stock is trading 4.39% above its 200-day moving average. Moreover, shares of Williams Cos., which operates as an energy infrastructure company primarily in the US, have an RSI of 42.98.
On February 10th, 2017, research firm Deutsche Bank initiated a 'Hold' rating on the Company's stock, with a target price of $32 per share.
On February 21st, 2017, Williams' board of directors approved a regular dividend of $0.30 per share, or $1.20 annualized, on its common stock, payable on March 27th, 2017 to holders of record at the close of business on March 10th, 2017. The new amount is a 50% increase from Williams' previous quarterly dividend of $0.20 per share, paid in December 2016. Williams has paid a common stock dividend every quarter since 1974. The complimentary research report on WMB can be downloaded at:
Energy Transfer Equity
On Wednesday, Dallas, Texas-based Energy Transfer Equity L.P.'s stock saw a slight drop of 0.68%, to close the day at $18.92. A total volume of 2.94 million shares was traded. The Company's shares have advanced 5.29% in the last one month and 11.14% in the previous three months. The stock is trading 2.74% and 18.87% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Energy Transfer Equity, which provides diversified energy-related services in the US, have an RSI of 52.92.
On February 22nd, 2017, Energy Transfer Equity's net income attributable to partners was $233 million for the three months ended December 31st, 2016, compared to $314 million for the three months ended December 31st, 2015. The Company's distributable cash flow, as adjusted, was $299 million for the three months ended December 31st, 2016, compared to $343 million for the three months ended December 31st, 2015. Register for free on Stock-Callers.com and access the latest report on ETE at:
Shares in Findlay, Ohio-based MPLX L.P. ended the day 1.70% lower at $38.20 with a total trading volume of 961,157 shares. The stock has gained 7.71% in the last one month, 17.51% in the previous three months, and 11.88% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 7.79% and 17.31%, respectively. Furthermore, shares of MPLX L.P., which owns, operates, develops, and acquires midstream energy infrastructure assets, have an RSI of 59.45.
On February 02nd, 2017, research firm FBR & Co. reiterated its 'Market Perform' rating on the Company's stock with an increase of the target price from $35 a share to $38 a share.
On February 15th, 2017, MPLX L.P. announced the completion of previously announced transaction to acquire a partial, indirect equity interest in the Dakota Access Pipeline and the Energy Transfer Crude Oil Pipeline projects, collectively referred to as the Bakken Pipeline system. MPLX contributed $500 million of the $2 billion purchase price paid by the joint venture to acquire a 36.75% indirect equity interest in the Bakken Pipeline system from Energy Transfer Partners, L.P. and Sunoco Logistics Partners L.P. MPLX funded the contribution with cash on hand. MPLX holds, through a subsidiary, a 25% interest in the joint venture, which equates to an approximate 9.2% indirect equity interest in the Bakken Pipeline system. Get free access to your research report on MPLX 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