This Morning's Technical Outlook on Oil & Gas Pipelines Stocks -- Targa Resources, Williams Cos., TransCanada, and Williams Partners - iCrowdNewswire
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Mar 14, 2018 3:40 PM ET

This Morning’s Technical Outlook on Oil & Gas Pipelines Stocks — Targa Resources, Williams Cos., TransCanada, and Williams Partners

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iCrowdNewswire - Mar 14, 2018

NEW YORK,  — WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on TRGP, WMB, TRP, and WPZ which can be accessed for free by signing up to www.wallstequities.com/registration. Today’s research on WallStEquities.com is focused on the Oil and Gas Pipelines sector, which includes companies that transport fuel, including natural gas and crude oil, through pipelines. These companies also collect and market the fuels. Lined up for review this morning are the following stocks: Targa Resources Corp. (NYSE: TRGP), The Williams Cos. Inc. (NYSE: WMB), TransCanada Corp. (NYSE: TRP), and Williams Partners L.P. (NYSE: WPZ). All you have to do is sign up today for this free limited time offer by clicking the link below.

 

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Targa Resources

Houston, Texas headquartered Targa Resources Corp.’s shares gained slightly by 0.92%, closing Tuesday’s trading session at $47.14. The stock recorded a trading volume of 1.74 million shares. The Company’s shares have advanced 4.36% in the last month and 3.92% over the previous three months. The stock is trading 3.17% above its 200-day moving average. Additionally, shares of Targa Resources, which together with its subsidiary, Targa Resources Partners L.P., owns, operates, acquires, and develops a portfolio of midstream energy assets in North America, have a Relative Strength Index (RSI) of 51.18. 

On February 26th, 2018, Targa Resources Partners L.P., a subsidiary of Targa Resources, announced that it has completed the 2017 tax packages for the holders of Targa Resources Partners 9% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred, including Schedules K-1. The tax packages are available on the Partnership’s website. Get the full research report on TRGP for free by clicking below at:

www.wallstequities.com/registration/?symbol=TRGP

Williams Cos.

On Tuesday, shares in Tulsa, Oklahoma headquartered The Williams Cos. Inc. recorded a trading volume of 6.88 million shares, which was above their three months average volume of 6.01 million shares. The stock declined slightly by 0.85%, ending the day at $28.02. The Company’s shares are trading below their 200-day moving average by 6.01%. Furthermore, shares of Williams Cos., which operates as an energy infrastructure company primarily in the US, have an RSI of 41.13. 

On February 21st, 2018, Williams Cos.’ Board of Directors has approved a regular dividend of $0.34 per share, or $1.36annualized, on the Company’s common stock, payable on March 26th, 2018, to holders of record at the close of business on March 09th, 2018.

On March 09th, 2018, research firm JP Morgan upgraded the Company’s stock rating from ‘Neutral’ to ‘Overweight’. WMB’s complimentary research coverage is a few simple steps away at:

www.wallstequities.com/registration/?symbol=WMB

TransCanada

Calgary, Canada headquartered TransCanada Corp.’s stock finished the day 0.11% lower at $44.21 with a total trading volume of 1.09 million shares. The Company’s shares have advanced 5.06% in the last month. The stock is trading below its 50-day moving average by 3.57%. Additionally, shares of TransCanada, which operates as an energy infrastructure company in North America, have an RSI of 47.40. 

On March 01st, 2018, TransCanada has launched a new Open Season on its NOVA Gas Transmission Ltd System for binding expansion capacity commitments at the Empress/McNeill Export Delivery Point. This new Open Season will close on March 15th, 2018. It is for an estimated 280 million cubic feet per day of firm service, commencing in November 2021. Register for your free research report on TRP at:

www.wallstequities.com/registration/?symbol=TRP

Williams Partners

Shares in Tulsa, Oklahoma-based Williams Partners L.P. ended yesterday’s session 1.09% lower at $37.07. The stock recorded a trading volume of 845,543 shares. The Company’s shares have advanced 0.52% over the previous three months. The stock is trading 4.71% below its 200-day moving average. Moreover, shares of Williams Partners, which operates as an energy infrastructure company, have an RSI of 39.73. 

On February 22nd, 2018, Williams Partners has filed its Annual Report on Form 10-K for the year ended December 31st, 2017, with the Securities and Exchange Commission. A copy of this annual report is available for viewing or downloading under the Investor Center section of the Company’s website.

On March 09th, 2018, research firm JP Morgan upgraded the Company’s stock rating from ‘Neutral’ to ‘Overweight’. Wall St. Equities’ downloadable research report on WPZ available at:

www.wallstequities.com/registration/?symbol=WPZ

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