NEW YORK, October 6, 2016 /PRNewswire/ --
In today's pre-market research, Stock-Callers.com draws investors' attention to four Major Integrated Oil and Gas equities, namely: Royal Dutch Shell PLC (NYSE: RDS-A), Ecopetrol S.A. (NYSE: EC), MagneGas Corp. (NASDAQ: MNGA), and Aegean Marine Petroleum Network Inc. (NYSE: ANW). According to a new report released by Moody's Investors Service on Monday, October 03, 2016, Integrated Oil and Gas operators will see their earnings stabilize within the next 18 months, as higher oil prices and lower operating costs will raise profit margins in the upstream business. Learn more about these stocks by downloading their free report at:
Royal Dutch Shell
On Wednesday, shares in The Hague, the Netherlands headquartered Royal Dutch Shell PLC recorded a trading volume of 3.84 million shares. The stock ended the day at $51.51, rising 1.64%. The Company's shares have gained 2.45% in the last one month and 19.27% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.03% and 8.53%, respectively. Furthermore, shares of Royal Dutch Shell, which operates as an independent oil and gas company worldwide, have a Relative Strength Index (RSI) of 65.41.
On September 15th, 2016, Royal Dutch Shell announced that it has reached an agreement with Dansk Olieselskab ApS for the sale of A/S Dansk Shell in Denmark, which consists of the 70 thousand barrels per day Fredericia refinery and local trading and supply activities, for approximately $80 million including working capital. The sale is expected to be completed in 2017, subject to regulatory approval. The free research report on RDS-A is available at:
Bogota, Colombia-based Ecopetrol S.A.'s stock finished yesterday's session 4.07% higher at $8.96. A total volume of 1.39 million shares was traded, which was above their three months average volume of 924,150 shares. The Company's shares have gained 27.82% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.46% and 7.18%, respectively. Furthermore, shares of Ecopetrol, which engages in the exploration, development, and production of crude oil and natural gas in Colombia, Peru, Brazil, Angola, and the US Gulf Coast, have an RSI of 57.08.
On September 9th, 2016, research firm Tudor Pickering upgraded the Company's stock rating from 'Sell' to 'Hold'.
On September 30th, 2016, ECOPETROL informed that it has updated its business plan for the period 2017-2020. This plan seeks to generate value, profitability and sustainability, and prepares the Group to capture the benefits derived from a potential increase in prices. The plan is based on an average price scenario of $50 USD/bl. The plan contemplates a cash surplus of more than USD 4.800 million, a dividend distribution policy of about 40% and debt ratios consistent with investment grade rating. Capital discipline is based on a solid investment portfolio, estimated in USD 13.000 million by 2020. The complimentary report on EC can be downloaded at:
At the closing bell on Wednesday, shares in Florida-based MagneGas Corp. ended the day flat at $0.67. The stock recorded a trading volume of 391,078 shares. The Company's shares have advanced 8.05% in the last one month and 15.52% in the previous three months. The stock is trading 5.68% above its 50-day moving average. Moreover, shares of MagneGas, which creates and produces hydrogen based alternative fuel through the gasification of carbon-rich liquids in the US and internationally, have an RSI of 56.66.
On October 3rd, 2016, MagneGas announced that a global auto manufacturing company based in the mid-western US has completed the rollout of MagneGas2® in one factory and has begun the procurement process at a second factory. The automaker has indicated an interest in continuing expansion into other factories as part of a larger rollout program. Visit us today and download our complete research report on MNGA for free at:
Aegean Marine Petroleum Network
Athens, Greece headquartered Aegean Marine Petroleum Network Inc.'s stock closed the day 1.12% higher at $9.91 and with a total trading volume of 229,774 shares. The Company's shares have gained 80.52% over the previous three months and 19.46% on an YTD basis. The stock is trading 9.09% above its 50-day moving average and 32.67% above its 200-day moving average. Additionally, shares of Aegean Marine Petroleum Network, which together with its subsidiaries, operates as a marine fuel logistics company that markets and supplies refined marine fuel and lubricants to vessels in port, at sea, and on rivers worldwide, have an RSI of 56.85.
On September 20th, 2016, the company announced that it has successfully renewed its $1 Billion Secured Global Borrowing Base Multicurrency Revolving Credit Facility. In addition to the Global Borrowing Base, Aegean also announced that it has renewed its $250 Million Secured US Borrowing Base Revolving Credit Facility on improved terms. Get free access to your technical report on ANW 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
CONTACT 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: Email: email@example.com 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