LONDON, August 20, 2013 /PRNewswire/ --
On August 19, 2013, the US equity market ended on a lower note. All three benchmark indexes edged lower, with the S&P 500 falling 0.59% to end the day at 1,646.06. Shares in oil & gas pipelines companies ended on a lower note, tracking losses in the broader market. The major movers in the sector included Spectra Energy Corporation (NYSE: SE), Energy Transfer Equity LP (NYSE: ETE), Kinder Morgan Inc. (NYSE: KMI), and Plains All American Pipeline LP (NYSE: PAA). AAAResearchReports.com has tracked SE, ETE, KMI, and PAA. These reports can be seen for free at:
On Monday, Spectra Energy Corporation's stock fell 0.15% to $33.49 after fluctuating between $33.29 and $33.68. A total of 3.46 million shares were traded, which is below the daily average volume of 4.14 million. The company's stock has gained 5.71% in the last three months, compared to a fall of 1.28% in the S&P 500 during the same period. Additionally, Spectra Energy Corporation's shares are trading above the 200-day moving average. Download free research on SE by signing up now at:
Shares in Energy Transfer Equity LP fell sharply on Monday, tracking losses in the broader market. The company's shares oscillated between $63.87 and $66.70 before finishing the day 2.21% lower at $64.02. A total of 1.08 million shares were traded, which is below the daily average volume of 1.34 million. Energy Transfer Equity's shares have gained 3.32% in the last one month and 8.34% in the last three months, outperforming the S&P 500 which has fallen 2.72% and 1.28% during the same periods. Furthermore, the company's stock is trading above its 50-day and 200-day moving averages. Register for today's free analysis on ETE at:
Kinder Morgan Inc.'s stock also fell sharply on Monday to close at $36.63, down 2.16% from the previous closing price of $37.44. The shares traded between $36.62 and $37.41. A total of 4.22 million shares were traded, which is above the daily average volume of 3.92 million. The company's shares have fallen 1.85% in the previous three trading sessions, compared to loss of 2.33% in the S&P 500 during the same period. Further, the stock has fallen 9.51% in the last three months, and is also trading below its 50-day and 200-day moving averages. A free report on KMI can be accessed by registering at:
On Monday, Plains All American Pipeline LP vacillated between $51.37 and $52.41 before finishing the day 1.64% lower at $51.48. A total of 1.28 million shares were traded, which is above the daily average volume of 1.17 million. The company's shares have fallen 11.21% in the last three months, underperforming the S&P 500 which has declined 1.28% during the same period. Additionally, Plains All American Pipeline LP's shares are trading below their 50-day and 200-day moving averages. Register with AAA Research Reports and download research on PAA for free at:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA ® charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
SOURCE AAA Research Reports