NEW YORK, January 3, 2017 /PRNewswire/ --
Stock-Callers.com directs investors' attention to four Independent Oil and Gas equities to see where they stand in the market today: Enterprise Products Partners L.P. (NYSE: EPD), Range Resources Corp. (NYSE: RRC), Apache Corp. (NYSE: APA), and Suncor Energy Inc. (NYSE: SU). According to an article on The Wall Street Journal, US crude finished 2016 up about 45%, while global benchmark Brent was up 52%. It was their biggest yearly gains since 2009. Learn more about these stocks by downloading their free research reports in PDF format at:
Enterprise Products Partners
Last Friday at the close, shares in Houston, Texas-based Enterprise Products Partners L.P. ended 0.63% higher at $27.04. The stock recorded a trading volume of 3.40 million shares. The Company's shares have advanced 4.28% in the last one month and 5.71% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.81% and 1.13%, respectively. Furthermore, shares of Enterprise Products Partners, which provides midstream energy services to producers and consumers of natural gas, natural gas liquids, crude oil, petrochemicals, and refined products, have a Relative Strength Index (RSI) of 67.70.
On December 15th, 2016, Enterprise Products Partners announced that it has completed the repairs necessary to allow operations to resume at its natural gas processing plant in Pascagoula, Mississippi, which has been out of service since June 27th, 2016. Sign up and read the free research report on EPD at:
Fort Worth, Texas headquartered Range Resources Corp.'s stock finished Friday's session 0.29% higher at $34.36 with a total trading volume of 2.97 million shares. The Company's shares have advanced 39.92% since the start of this year. The stock is trading below its 50-day moving average by 2.09%. Additionally, shares of Range Resources, which operates as an independent natural gas, natural gas liquids (NGLs), and oil company, have an RSI of 46.47. The complimentary research report on RRC can be downloaded at:
Shares in Houston, Texas-based Apache Corp. ended the session 0.63% lower at $63.47 with a total trading volume of 2.24 million shares. The stock has gained 45.66% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 0.85% and 12.19%, respectively. Moreover, shares of Apache, which explores, develops, and produces natural gas, crude oil, and natural gas liquids, have an RSI of 42.78.
On December 14th, 2016, Apache's board of directors declared the regular cash dividend on its common shares. The dividend on common shares is payable February 22nd, 2017, to stockholders of record on January 22nd, 2017, at a rate of $0.25 per share. Register for free on Stock-Callers.com and access the latest report on APA at:
Calgary, Canada headquartered Suncor Energy Inc.'s shares recorded a trading volume of 1.65 million shares, and finished 0.24% lower at $32.69. The stock has gained 2.61% in the past month, 17.67% over the previous three months, and 29.90% since the start of this year. The Company's shares are trading 4.77% and 15.96% above their 50-day and 200-day moving averages, respectively. Additionally, shares of Suncor Energy, which operates as an integrated energy company, have an RSI of 56.04.
On December 05th, 2016, Suncor announced that the Tax Court of Canada has issued a favorable Order resolving the previously disclosed dispute with the Canada Revenue Agency (CRA). The dispute was in regards to the income tax treatment of realized losses in 2007 on the settlement of certain derivative contracts. The Company noted that the Tax Court Order confirms the successful resolution of this matter between Suncor and the CRA, resulting in no additional taxes, interest or penalties. Suncor stated that it had provided security to the CRA and the Provinces of Quebec and Ontario for approximately $657 million in respect of this issue. The Company is taking steps for the return of this security.
On December 16th, 2016, research firm Wells Fargo initiated an 'Outperform' rating on the Company's stock. Get free access to your research report on SU at:
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