What's Happening With These Oil & Gas Stocks? -- MagneGas, Aegean Marine Petroleum Network, Ecopetrol, and Royal Dutch Shell
NEW YORK, Jan. 31, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on MNGA, ANW, EC, and RDS-A which can be accessed for free by signing up to http://www.wallstequities.com/registration. Focus is shifted on the Integrated Oil and Gas industry, which is engaged in the exploration, production, refinement, and distribution of oil and gas. Typically, companies in this space divide their various operations into categories: upstream, which includes all exploration and production endeavors; and downstream, which is confined to refinement and marketing activities. Today, WallStEquities.com has selected these four major industry players for assessment: MagneGas Corp. (NASDAQ: MNGA), Aegean Marine Petroleum Network Inc. (NYSE: ANW), Ecopetrol S.A. (NYSE: EC), and Royal Dutch Shell PLC (NYSE: RDS-A). All you have to do is sign up today for this free limited time offer by clicking the link below. http://www.wallstequities.com/registration
MagneGas
On Tuesday, shares in Clearwater, Florida headquartered MagneGas Corp. plummeted 8.88%, ending the day at $2.36. The stock recorded a trading volume of 505,563 shares, which was above its three months average volume of 179,720 shares. The Company's shares are trading below their 50-day moving average by 51.76%. Moreover, shares of MagneGas, which creates and produces hydrogen based alternative fuel through the gasification of liquid and liquid waste in the US and internationally, have a Relative Strength Index (RSI) of 24.62.
On January 23(rd), 2018, MagneGas announced that it has completed the acquisition of all of the assets of San Diego-based NG Enterprises, Inc. for $745,000. The Company had previously entered into a binding agreement and made a $300,000 deposit at the end of December, with an expectation to complete the transaction in January 2018. The acquisition adds approximately $700,000 in high-margin industrial gas and welding supply revenues, as well as substantial assets to support sales growth. Get the full research report on MNGA for free by clicking below at: http://www.wallstequities.com/registration/?symbol=MNGA
Aegean Marine Petroleum Network
Shares in Athens, Greece headquartered Aegean Marine Petroleum Network Inc. ended the day 4.12% lower at $4.65 with a total trading volume of 217,864 shares. In the last month and the previous three months, the stock has gained 9.41% and 4.49%, respectively. The Company's shares are trading above their 50-day moving average by 8.70%. Furthermore, shares of the Company, 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 52.12. Today's complimentary research report on ANW is accessible at: http://www.wallstequities.com/registration/?symbol=ANW
Ecopetrol
At the close of trading on Tuesday, shares in Bogot's, Colombia-based Ecopetrol S.A. finished 2.86% lower at $18.99. A total volume of 1.88 million shares was traded, which was above their three months average volume of 1.52 million shares. The stock has surged 31.78% in the last month, 76.00% over the previous three months, and 103.97% over the past year. The Company's shares are trading above their 50-day and 200-day moving averages by 31.00% and 76.22%, respectively. Additionally, shares of Ecopetrol, which operates as an integrated oil company, have an RSI of 70.34.
On January 23(rd), 2018, research firm HSBC Securities downgraded the Company's stock rating from 'Hold' to 'Reduce'. Register now for your free research document on EC at: http://www.wallstequities.com/registration/?symbol=EC
Royal Dutch Shell
The Hague, the Netherlands headquartered Royal Dutch Shell PLC's shares recorded a trading volume of 4.59 million shares at the end of yesterday's session, which was above their three months average volume of 3.71 million shares. The stock closed the day 1.06% lower at $70.07. The Company's shares have advanced 5.37% in the past month, 14.36% in the previous three months, and 30.46% over the past year. The stock is trading above its 50-day and 200-day moving averages by 5.68% and 19.05%, respectively. Additionally, shares of the Company, which operates as an independent oil and gas company worldwide, have an RSI of 59.33.
On January 22(nd), 2018, research firm Cowen reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $66 a share to $80 a share. Click on the link below and see our free report RDS-A at: http://www.wallstequities.com/registration/?symbol=RDS-A
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