Disclosure NewswireTMiCrowdNewswire - May 11, 2017
On Tuesday, May 09, 2017, US markets saw a mixed session as 4 sectors closed in green, 4 sectors finished in red, and 1 sector ended flat for the day. Major US indices were also mixed at the close of yesterday’s session. The NASDAQ Composite ended the day at 6,120.59, up 0.29%; the Dow Jones Industrial Average edged 0.17% lower, to finish at 20,975.78; and the S&P 500 closed at 2,396.92, down 0.10%. This Wednesday morning, Stock-Callers.com looks at the performance of these four Oil & Gas Pipelines stocks: SemGroup Corporation (NYSE: SEMG), Boardwalk Pipeline Partners L.P. (NYSE: BWP), Buckeye Partners L.P. (NYSE: BPL), and DCP Midstream L.P. (NYSE: DCP). You can access our complimentary research reports on these stocks now at: http://stock-callers.com/registration
Tulsa, Oklahoma headquartered SemGroup Corp.’s stock fell 2.66%, to close the day at $31.10. The stock recorded a trading volume of 446,214 shares. SemGroup’s shares have gained 13.09% in the past one year. The Company’s shares are trading 9.42% and 11.70% below its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which provides gathering, transportation, storage, distribution, marketing, and other midstream services for producers, refiners of petroleum products, and other market participants, have a Relative Strength Index (RSI) of 33.57.
On May 09th, 2017, research firm RBC Capital Markets reiterated its ‘Outperform’ rating on the Company’s stock with a decrease of the target price from $42 a share to $41 a share. Visit us today and download your complete report on SEMG for free at: http://stock-callers.com/registration/?symbol=SEMG
On Tuesday, shares in Houston, Texas headquartered Boardwalk Pipeline Partners L.P. ended the session 0.55% lower at $17.92, with a total volume of 1.64 million shares traded. Boardwalk Pipeline Partners’ shares have gained 15.63% in the past one year. Shares of the Company, which through its subsidiaries, provides transportation, storage, gathering, and processing services for natural gas, and natural gas liquids and other hydrocarbons in the US, are trading at a PE ratio of 14.28. The stock is trading 3.02% above its 200-day moving average. Moreover, the Company’s shares have an RSI of 45.44. The complimentary research report on BWP can be accessed at: http://stock-callers.com/registration/?symbol=BWP
On Tuesday, shares in Houston, Texas-based Buckeye Partners L.P. recorded a trading volume of 446,214 shares. The stock ended the day 0.89% lower at $66.79. Shares of the Company are trading at a PE ratio of 16.53. Buckeye Partners’ stock has advanced 4.07% in the past one year. The Company’s shares are trading above its 200-day moving average by 0.06%. Furthermore, shares of Buckeye Partners, which owns and operates liquid petroleum products pipelines in the US, have an RSI of 42.50.
On May 08th, 2017, research firm Stifel upgraded the Company’s stock rating from ‘Hold’ to ‘Buy’, with a target price of $74 per share. Register for free on Stock-Callers.com and download the PDF research report on BPL at: http://stock-callers.com/registration/?symbol=BPL
Denver, Colorado headquartered DCP Midstream L.P.’s stock finished Tuesday’s session 1.40% lower at $35.98, with a total volume of 310,923 shares traded. DCP Midstream’s shares have gained 16.69% in the past one year. Shares of the Company, which together with its subsidiaries, owns, operates, acquires, and develops a portfolio of midstream energy assets in the US, are trading at a PE ratio of 21.95. The Company’s shares are trading above its 200-day moving average by 3.80%. DCP Midstream’s stock has an RSI of 43.57. Get free access to your research report on DCP at: http://stock-callers.com/registration/?symbol=DCP
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email email@example.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you‘re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.