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An update on a few pipeline stocks

Published by , Editor
World Pipelines,


Park Lane Advisor has initiated coverage on the following equities: Kinder Morgan Inc., Energy Transfer Equity L.P., Williams Companies Inc. and Spectra Energy Corporation.

On Wednesday, January 27, 2016, the NASDAQ Composite ended at 4,468.17, down 2.18%, the Dow Jones Industrial Average lost 1.38%, to finish the day at 15 944.46, and the S&P 500 closed at 1,882.95, down 1.09%. Register for your complimentary reports at the links given below.

KMI

Kinder Morgan Inc.'s stock finished its 27 January session 5.01% lower at US$14.22. A total of 39.06 million shares were traded, which was below its three months average volume of 42.21 million shares. The company's shares are trading below their 50 day and 200 day moving averages by 18.58% and 53.11%, respectively. Kinder Morgan Inc.'s stock traded at a PE ratio of 94.80 and has a Relative Strength Index (RSI) of 43.75.

Energy Transfer Equity

Similarly on 27 January, shares in Energy Transfer Equity L.P. ended the session 10.61% lower at US$8.85. The stock reported a trading volume of 36.84 million shares, above its three months average volume of 21.63 million shares. Shares of the company traded at a PE ratio of 9.12. The company is trading 36.21% below its 50 day moving average and 64.34% below its 200 day moving average. Moreover, shares of Energy Transfer Equity L.P. have an RSI of 40.33.

Williams Cos

Williams Cos. Inc.'s stock lost 5.63%, to close the day at US$19.27. The stock recorded a trading volume of 24.80 million shares, much above its three months average volume of 14.16 million shares. The company's shares are trading 27.23% below their 50 day moving average. Additionally, Williams Cos. Inc. traded at a PE ratio of 42.82 and has an RSI of 44.26.

Spectra

Shares in Spectra Energy Corp. recorded a trading volume of 9.69 million shares, higher than their three months average volume of 7.32 million shares. The stock ended the day 0.45% lower at US$26.57. Shares of the company traded at a PE ratio of 23.10. Spectra Energy Corp.'s stock has advanced 11.36% in the last one month, but it has lost 4.03% in the previous three months. The company is trading above its 50 day moving average by 6.99%. Furthermore, shares of Spectra Energy Corp. have an RSI of 57.98.

Edited from sources by Stephanie Roker

Read the article online at: https://www.worldpipelines.com/business-news/29012016/an-update-on-a-few-pipeline-stocks/

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