Oil and Gas Storage and Transportation Equities Roundup - TransCanada, Magellan Midstream Partners, Scorpio Tankers, Nordic American Tankers, and Enterprise Products Partners
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LONDON, December 16, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: TransCanada Corporation (NYSE: TRP), Magellan Midstream Partners L.P. (NYSE: MMP), Scorpio Tankers Inc. (NYSE: STNG), Nordic American Tankers Ltd. (NYSE: NAT), and Enterprise Products Partners L.P. (NYSE: EPD). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Monday, December 15, 2014, ended on a negative note as the Dow Jones Industrial Average finished at 17,180.84, down 0.58% and the NASDAQ Composite closed at 4,605.16, down 1.04%. The S&P 500 finished the session 0.63% lower at 1,989.63. During the trading session, all the ten sectors finished on a lower note. The S&P 500 Energy Sector Index ended the day at 540.03, down 0.71%, with the index declining 20.97% in the previous three months. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
TransCanada Corp.'s stock edged 0.60% lower, to close the day at $44.84. The stock recorded a trading volume of 1.16 million shares, below its three months average volume of 1.89 million shares. The company's shares oscillated between $44.40 and $45.58 during the session. Over the last three trading sessions and over the past one month, TransCanada Corp.'s shares have lost 0.71% and 9.21%, respectively. Further, the stock has fallen by 1.80% since the start of this year. The company's stock is trading below its 50-day and 200-day moving averages. TransCanada Corp. stock's 200-day moving average of $48.59 is above its 50-day moving average of $48.55. Additionally, the stock has a Relative Strength Index (RSI) of 34.87. Sign up and read the free notes on TRP at:
http://get.Investor-Edge.com/pdf/?c=TransCanada&d=16-Dec-2014&s=TRP
On Monday, shares in Magellan Midstream Partners L.P. recorded a trading volume of 0.92 million shares, close to its three months average volume of 0.91 million shares. The stock ended the day at $76.57, which was 1.12% below its previous day's closing of $77.44, and registered an intraday range of $75.51 and $79.64. Shares of the company traded at a PE ratio of 22.55. Magellan Midstream Partners L.P.'s shares have lost 1.73% in the previous three trading sessions and 11.13% in the last one month, while the stock has gained 21.02% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $81.55 and $79.76, respectively. Furthermore, shares of Magellan Midstream Partners L.P. have an RSI of 40.20. The complimentary notes on MMP can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Magellan%20Midstream%20Partners&d=16-Dec-2014&s=MMP
Scorpio Tankers Inc.'s stock fell 1.64% to end Monday's session at $8.39. The stock recorded a trading volume of 3.01 million shares, above its three months average volume of 2.55 million shares. The company's shares fluctuated between $8.31 and $8.81 during the session. Scorpio Tankers Inc.'s shares have declined 28.84% since the beginning of 2014. Further, the stock has fallen by 0.12% in the previous three trading sessions and 7.19% over the last three months. The company's stock is trading above its 50-day moving average. Scorpio Tankers Inc. stock's 200-day moving average of $9.11 is above its 50-day moving average of $8.27. Additionally, the stock has an RSI of 51.11. Register for free on Investor-Edge and access the latest research on STNG at:
http://get.Investor-Edge.com/pdf/?c=Scorpio%20Tankers&d=16-Dec-2014&s=STNG
On Monday, shares in Nordic American Tankers Ltd. fluctuated between $9.30 and $9.60 before ending the session 2.05% higher at $9.45. The stock reported a trading volume of 2.25 million shares, higher than its three months average volume of 1.10 million shares. Nordic American Tankers Ltd.'s stock has gained 5.35% in the previous three trading sessions, 12.90% in the last one month, and 9.37% over the past three months. The company's stock is trading above its 50-day and 200-day moving averages of $8.37 and $8.76, respectively. Moreover, shares of Nordic American Tankers Ltd. have an RSI of 59.79. The complete research on NAT is available for free at:
http://get.Investor-Edge.com/pdf/?c=Nordic%20American%20Tankers&d=16-Dec-2014&s=NAT
Enterprise Products Partners L.P.'s stock finished Monday's session 2.47% lower at $32.36. A total of 4.61 million shares were traded, which was above its three months average volume of 3.44 million shares. The stock vacillated between $31.72 and $33.50 during the session. Over the previous three trading sessions and over the last one month, Enterprise Products Partners L.P.'s shares have lost 6.20% and 13.08%, respectively. Additionally, over the past three months, the stock has lost 18.24%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $37.48 is greater than its 50-day moving average of $37.36. Enterprise Products Partners L.P.'s stock traded at a PE ratio of 12.38 and has an RSI of 29.59. Free in depth research on EPD is available at:
http://get.Investor-Edge.com/pdf/?c=Enterprise%20Products%20Partners&d=16-Dec-2014&s=EPD
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