Stocks Coverage on the Basic Materials Sector -- Forum Energy Technologies, Shell Midstream Partners, Crestwood Equity Partners, and Core Laboratories

Jun 29, 2016, 08:20 ET from Chelmsford Park SA

NEW YORK, June 29, 2016 /PRNewswire/ --

On Tuesday, June 28, 2016, the NASDAQ Composite ended the trading session at 4,691.87, up 2.12%; the Dow Jones Industrial Average advanced 1.57%, to finish at 17,409.72; and the S&P 500 closed at 2,036.09, up 1.78%. The gains were broad based as all the sectors ended the session in positive. has initiated coverage on the following equities: Forum Energy Technologies Inc. (NYSE: FET), Shell Midstream Partners L.P. (NYSE: SHLX), Crestwood Equity Partners L.P. (NYSE: CEQP), and Core Laboratories N.V. (NYSE: CLB). Learn more about these stocks by accessing their free trade alerts at:

On Tuesday, shares in Forum Energy Technologies Inc. which designs, manufactures, and distributes products to the oil and natural gas industry in the U.S. and internationally, recorded a trading volume of 1.23 million shares, which was higher than their three months average volume of 1.00 million shares. The stock ended the day 1.22% higher at $15.82. The Company's shares have gained 22.26% in the previous three months. The stock is trading above its 200-day moving average by 16.35%. Furthermore, shares of Forum Energy Technologies have a Relative Strength Index (RSI) of 39.04. Sign up and read the free notes on FET at:

Shell Midstream Partners, L.P. owns, operates, develops, and acquires pipelines and other midstream assets in the U.S. The stock finished Tuesday's session 2.19% higher at $32.19 with a total volume of 412,168 shares traded. The stock is trading below its 200-day moving average by 6.62%. Shell Midstream Partners L.P.'s stock traded at a PE ratio of 24.90 and has an RSI of 37.90. The Company was founded in 2014 and is based in Houston, Texas. The complimentary notes on SHLX can be downloaded in PDF format at:

Crestwood Equity Partners LP provides infrastructure solutions to liquids-rich natural gas and crude oil shale plays in the U.S. The stock advanced 5.13% to close the day at $20.48 with a total volume of 227,834 shares traded. The Company's shares have rallied 96.03% in the previous three months. The stock is trading 7.01% and 26.93% above its 50-day and 200-day moving averages, respectively. Additionally, Crestwood Equity Partners' stock has an RSI of 48.89. Register for free on and access the latest research on CEQP at:

On Tuesday, shares in Core Laboratories N.V. which provides reservoir description, production enhancement, and reservoir management services to the oil and gas industry in the U.S., Canada, and internationally, ended the session 1.31% higher at $117.70 with a total volume of 619,076 shares traded. Shares of the Company traded at a PE ratio of 51.02. The Company's shares have advanced 3.37% in the previous three months and 4.93% in the past one year. The stock is trading 5.26% above its 200-day moving average. Moreover, shares of Core Laboratories have an RSI of 38.85. Get free access to your trade alert on CLB at:


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