Oil and Gas Storage and Transportation Stocks on the Move - Frontline Ltd, Eagle Rock Energy Partners, GasLog, MarkWest Energy Partners, and Plains All American Pipeline
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LONDON, September 8, 2014 /PRNewswire/ --
On Friday, September 05, 2014, the NASDAQ Composite ended at 4,582.90, up 0.45%, the Dow Jones Industrial Average finished the day 0.40% higher at 17,137.36, and the S&P 500 closed at 2,007.71, up 0.50%. The gains were broad based as all the ten sectors ended the session in positive. The S&P 500 Energy Sector Index ended the day at 704.64, up 0.69%, with the index advancing 0.21% in the previous three months. Investor-Edge has initiated coverage on the following equities: Frontline Ltd (NYSE: FRO), Eagle Rock Energy Partners L.P. (NASDAQ: EROC), GasLog Ltd (NYSE: GLOG), MarkWest Energy Partners L.P. (NYSE: MWE), and Plains All American Pipeline L.P. (NYSE: PAA). Free research on these five companies can be accessed at:
http://investor-edge.com/register
Frontline Ltd's stock finished Friday's session 5.16% higher at $1.63. A total of 2.17 million shares were traded, which was above its three months average volume of 1.03 million shares. The stock vacillated between $1.53 and $1.69 during the session. Over the last one month and over the previous three months, Frontline Ltd's shares have lost 30.64% and 34.54%, respectively. Additionally, from the beginning of 2014, the stock has declined 56.42%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $3.27 is greater than its 50-day moving average of $2.50. Frontline Ltd's stock has a Relative Strength Index (RSI) of 25.94. Sign up and read the free notes on FRO at:
www.Investor-Edge.com/FRO-08Sep2014
On Friday, shares in Eagle Rock Energy Partners L.P. fluctuated between $4.06 and $4.20 before ending the session 2.44% higher at $4.19. The stock reported a trading volume of 0.39 million shares, below its three months average volume of 0.62 million shares. Eagle Rock Energy Partners L.P.'s shares have lost 3.46% in the previous three trading sessions, 3.01% in the last one month, and 29.58% on YTD basis. The company is trading below its 50-day and 200-day moving averages of $4.55 and $4.97, respectively. Moreover, shares of Eagle Rock Energy Partners L.P. have an RSI of 44.28. The complimentary notes on EROC can be downloaded as in PDF format at:
www.Investor-Edge.com/EROC-08Sep2014
GasLog Ltd's stock edged 0.17% higher to close the day at $23.60. The stock recorded a trading volume of 0.87 million shares, below its three months average volume of 1.26 million shares. The company's shares oscillated between $23.11 and $23.65 during the session. Over the last three trading sessions and over the past one month, GasLog Ltd's shares have fallen by 3.95% and 4.68%, respectively. However, the stock has gained an upside of 38.09% since the start of this year. The company is trading above its 200-day moving average of $23.16, while the 200-day moving average is below GasLog Ltd's 50-day moving average of $26.69. Additionally, the stock traded at a PE ratio of 35.42 and has an RSI of 34.73. Register for free on Investor-Edge and access the latest research on GLOG at:
www.Investor-Edge.com/GLOG-08Sep2014
On Friday, shares in MarkWest Energy Partners L.P. recorded a trading volume of 0.60 million shares, lower than its three months average volume of 0.93 million shares. The stock ended the day at $80.09, which was 0.18% above its previous day's closing of $79.95, and registered an intraday range of $79.14 and $80.18. MarkWest Energy Partners L.P.'s stock has gained 0.92% in the previous three trading sessions, 16.83% in the last one month, and 21.11% on YTD basis. The company is trading above its 50-day and 200-day moving averages of $73.46 and $67.78, respectively. Furthermore, shares of MarkWest Energy Partners L.P.'s have an RSI of 74.53. The complete research on MWE is available for free at:
www.Investor-Edge.com/MWE-08Sep2014
Shares in Plains All American Pipeline L.P. gained 1.17% to end Friday's session at $60.36. The stock recorded a trading volume of 0.70 million shares, below its three months average volume of 0.78 million shares. The company's shares fluctuated between $59.70 and $60.37 during the session. Shares of the company traded at a PE ratio of 26.72. Plains All American Pipeline L.P.'s shares have gained 16.59% since the start of this year. Further, the stock has advanced 0.94% over the previous three trading sessions and 6.87% in the last one month. The company is trading above its 50-day and 200-day moving averages. Plains All American Pipeline L.P.'s 50-day moving average of $58.63 is above its 200-day moving average of $55.02. Additionally, the stock has an RSI of 65.02. Free in depth research on PAA is available at:
www.Investor-Edge.com/PAA-08Sep2014
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