What's Happening With These Oil & Gas Pipelines Stocks? -- Energy Transfer Partners, Magellan Midstream Partners, NuStar Energy, and Rice Midstream Partners
NEW YORK, Jan. 30, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on ETP, MMP, NS, and RMP which can be accessed for free by signing up to www.wallstequities.com/registration. Research reports have been issued by WallStEquities.com on Energy Transfer Partners L.P. (NYSE: ETP), Magellan Midstream Partners L.P. (NYSE: MMP), NuStar Energy L.P. (NYSE: NS), and Rice Midstream Partners L.P. (NYSE: RMP). These stocks operate in the Oil and Gas Pipelines space, which transports fuel through pipelines, often over great distances. All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration
Energy Transfer Partners
On Monday, shares in Dallas, Texas-based Energy Transfer Partners L.P. saw a decline of 2.81%, ending the day at $20.07. The stock recorded a trading volume of 5.65 million shares. The Company's shares have advanced 11.31% in the last month and 20.90% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 11.96% and 2.89%, respectively. Moreover, shares of the Company, which engages in the natural gas midstream, and intrastate transportation and storage businesses in the US, have a Relative Strength Index (RSI) of 63.48.
On January 05(th), 2018, research firm Credit Suisse initiated an 'Outperform' rating on the Company's stock, with a target price of $20 per share.
On January 16(th), 2018, Energy Transfer Partners (ETP); Energy Transfer Equity, L.P.; and USA Compression Partners, L.P. ("USAC") announced a transaction valued at approximately $1.8 billion, providing for (i) the contribution of ETP's subsidiaries, CDM Resource Management LLC and CDM Environmental & Technical Services LLC, to USAC and (ii) the cancellation of the incentive distribution rights in USAC and conversion of the general partner interest in USAC into a non-economic general partner interest. Get the full research report on ETP for free by clicking below at: www.wallstequities.com/registration/?symbol=ETP
Magellan Midstream Partners
Shares in Tulsa, Oklahoma headquartered Magellan Midstream Partners L.P. ended the day 1.80% lower at $73.50 with a total trading volume of 690,057 shares. In the last month and the previous three months, the stock has gained 5.59% and 9.07%, respectively. The Company's shares are trading above their 50-day and 200-day moving averages by 5.57% and 4.59%, respectively. Furthermore, shares of the Company have an RSI of 57.80.
On January 05(th), 2018, research firm Credit Suisse initiated an 'Underperform' rating on the Company's stock, with a target price of $61 per share.
On January 23(rd), 2018, Magellan Midstream Partners' Board of Directors has increased the Partnership's quarterly cash distribution to 92 cents per unit for the period October 01(st), 2017 through December 31(st), 2017. The new distribution, which equates to $3.68 per unit on an annualized basis, will be paid on February 14(th), 2018 to unitholders of record at the close of business on February 06(th), 2018. Today's complimentary research report on MMP is accessible at: www.wallstequities.com/registration/?symbol=MMP
NuStar Energy
At the close of trading on Monday, shares in San Antonio, Texas headquartered NuStar Energy L.P. finished 3.33% lower at $33.68 with a total trading volume of 409,035 shares. The stock has advanced 13.75% in the last month and 0.63% over the previous three months. The Company's shares are trading above their 50-day moving average by 9.29%. Additionally, NuStar Energy's stock has an RSI of 58.74.
On January 22(nd), 2018, NuStar Energy and NuStar GP Holdings, LLC announced that they will host a joint conference call on February 08(th), 2018, at 9:00 a.m. CT to discuss their Q4 2017 earnings results, which will be released earlier that day. The live presentation of the call may be accessed on both companies' websites. Register now for your free research document on NS at: www.wallstequities.com/registration/?symbol=NS
Rice Midstream Partners
Canonsburg, Pennsylvania headquartered Rice Midstream Partners L.P.'s shares recorded a trading volume of 770,247 shares at the end of yesterday's session, which was above their three months average volume of 414,410 shares. The stock closed the day 2.56% lower at $21.32. The Company's shares have advanced 1.77% in the past month and 6.28% in the previous three months. The stock is trading above its 50-day moving average by 0.08%. Additionally, shares of Rice Midstream Partners have an RSI of 44.09.
On January 18(th), 2018, Rice Midstream Partners declared a quarterly cash distribution of $0.2917 per unit for Q4 2017. The distribution will be paid on February 14(th), 2018, to all Company unitholders of record at the close of business on February 02(nd), 2018. The quarterly cash distribution is 4% higher than the third quarter of 2017, and 16% higher than the fourth quarter of 2016.
On January 29(th), 2018, research firm Johnson Rice downgraded the Company's stock rating from 'Accumulate' to 'Hold'. Click on the link below and see our free report RMP at: www.wallstequities.com/registration/?symbol=RMP
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