Research Reports on Oil & Gas Equities -- Kinder Morgan, Williams Cos., Energy Transfer Equity, and Williams Partners
NEW YORK, October 21, 2016 /PRNewswire/ --
Today, Stock-Callers.com directs investors' attention to the following Oil and Gas Pipelines equities: Kinder Morgan Inc. (NYSE: KMI), Williams Cos. Inc. (NYSE: WMB), Energy Transfer Equity L.P. (NYSE: ETE), and Williams Partners L.P. (NYSE: WPZ). On Thursday, October 20, 2016, oil prices settled down more than 2 percent, as a resurgent dollar encouraged players to take profit on the previous day's rally that sent U.S. crude to 15-month highs. Learn more about these stocks by accessing their free research reports at:
http://stock-callers.com/registration
Kinder Morgan
Houston, Texas headquartered Kinder Morgan Inc.'s shares gained 2.32%, closing Thursday's trading session at $21.19. The stock recorded a trading volume of 32.85 million shares, which was above its three months average volume of 15.67 million shares. Shares of the Company have advanced 0.48% in the previous three months and 45.17% on an YTD basis. The stock is trading 14.10% above its 200-day moving average. Additionally, shares of Kinder Morgan, which operates as an energy infrastructure company in North America, have a Relative Strength Index (RSI) of 46.59.
On October 19th, 2016, Kinder Morgan reported Q3 2016 net loss available to common stockholders of $227 million compared to net income available to common stockholders of $186 million for Q3 2015, and distributable cash flow of $1.08 billion versus $1.13 billion for Q3 2015. Net income available to common stockholders was also impacted by a $405 million unfavorable change in total certain items compared to Q3 2015, including a partial write down of its equity investment in Midcontinent Express Pipeline as well as a non-cash book tax expense associated with the SNG transaction.
Yesterday, research firm Stifel upgraded the Company's stock rating from 'Hold' to 'Buy', issuing a target price of $24 per share. Free research report on KMI is available at:
http://stock-callers.com/registration/?symbol=KMI
Williams Cos.
On Thursday, shares in Tulsa, Oklahoma headquartered Williams Cos. Inc. recorded a trading volume of 7.06 million shares. The stock rose 0.43%, ending the day at $30.18. The Company's shares have surged 23.93% in the previous three months and 26.33% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.77% and 41.68%, respectively. Furthermore, shares of Williams Cos., which operates as an energy infrastructure company primarily in the US, have an RSI of 54.36.
On September 26th, 2016, research firm RBC Capital Markets initiated an 'Outperform' rating on the Company's stock, issuing a target price of $39 per share.
On October 07th, 2016, Williams and Williams Partners announced plans to report Q3 2016 financial results before the market opens on October 31st, 2016. The company and the partnership plan to host a joint Q&A live webcast on October 31st, 2016 at 9:30 a.m. EDT. The complimentary research report on WMB can be downloaded at:
http://stock-callers.com/registration/?symbol=WMB
Energy Transfer Equity
Dallas, Texas-based Energy Transfer Equity L.P.'s stock finished the day 0.78% lower at $16.48 and with a total trading volume of 3.73 million shares. The Company's shares have gained 29.67% on an YTD basis. The stock is trading above its 200-day moving average by 34.25%. Additionally, shares of Energy Transfer Equity, which provides diversified energy-related services in the US, have an RSI of 49.48.
On September 30th, 2016, research firm Mizuho initiated a 'Buy' rating on the Company's stock, issuing a target price of $20 per share.
On October 12th, 2016, Sunoco LP, the wholly owned subsidiary of Energy Transfer Equity announced that one of its wholly owned subsidiaries completed the acquisition of the retail convenience store assets and wholesale fuel business from Denny Oil for approximately $53 million. This acquisition includes six company-operated locations and wholesale fuel supply contracts for a network of approximately 120 independent dealer-owned and dealer-operated locations and a commercial fuels business in the Eastern Texas and Louisiana markets. Visit us today and access our complete research report on ETE at:
http://stock-callers.com/registration/?symbol=ETE
Williams Partners
Shares in Tulsa, Oklahoma-based Williams Partners L.P. ended yesterday's session 0.03% lower at $37.49. The stock recorded a trading volume of 762,876 shares. The Company's shares have advanced 2.76% in the previous three months and 48.47% since the start of this year. The stock is trading 1.10% above its 50-day moving average and 31.24% above its 200-day moving average. Moreover, shares of Williams Partners, which operates as an energy infrastructure company, have an RSI of 55.28.
On October 19th, 2016, Williams Partners and Crestwood Equity Partners L.P., as 50/50 joint venture partners in the Bucking Horse natural gas processing plant and Jackalope Gas Gathering System, announced that they have signed an agreement with Chesapeake Energy Corporation to restructure natural gas gathering and processing services in Wyoming's Powder River Basin. Get free access to your research report on WPZ at:
http://stock-callers.com/registration/?symbol=WPZ
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