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
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