Pre-Market Analysis: Kinder Morgan Inc., Spectra Energy Corp., Plains All American Pipeline L.P., and Energy Transfer Equity L.P.
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LONDON, November 13, 2013 /PRNewswire/ --
On Tuesday, November 12, 2013, the U.S. equity market ended on a lower note. The S&P 500 and the Dow Jones Industrial Average fell by 0.24%, and 0.21%, respectively, while the NASDAQ Composite ended flat. Shares in the oil and gas pipelines industry ended on mixed note, even as the broader market posted losses. The major movers in the industry included Kinder Morgan Inc. (NYSE: KMI), Spectra Energy Corporation (NYSE: SE), Plains All American Pipeline L.P. (NYSE: PAA), and Energy Transfer Equity L.P. (NYSE: ETE). All these companies are tracked by AAAResearchReports.com. Free technical research on KMI, SE, PAA, and ETE can be downloaded upon signing up at:
http://www.aaaresearchreports.com/register/
On Tuesday, Kinder Morgan Inc.'s stock fell by 0.29%, tracking losses in the broader market. The company's shares traded between $34.55 and $34.90 before finishing the day at $34.60. A total of 2.95 million shares were traded, which is less than the daily average volume of 6.14 million. The company's shares have fallen by 0.52% in the previous three trading sessions, underperforming the S&P 500, which has gained 1.18% during the same period. Further, Kinder Morgan Inc.'s stock is trading below its 50-day and 200-day moving averages of $35.62 and $37.56, respectively. Sign up and read the complimentary report on KMI at:
http://www.AAAResearchReports.com/KMI111313.pdf
Spectra Energy Corp.'s stock fluctuated between $33.98 and $34.35 before ending Tuesday's session 0.26% higher at $34.18. A total of 3.64 million shares were traded, which is above the daily average volume of 3.01 million. The company's shares have gained 0.44% in the previous three trading sessions, compared to a gain of 1.18% in the S&P 500 during the same period. Furthermore, Spectra Energy Corp.'s stock is trading above its 200-day moving average of $32.48. The free report on SE can be downloaded by signing up now at:
http://www.AAAResearchReports.com/SE111313.pdf
Shares in Plains All American Pipeline L.P. ended the day 0.39% lower at $50.61, after oscillating between $50.40 and $50.85. A total of 0.81 million shares were traded, which is below the daily average volume of 1.10 million. The company's shares have fallen by 1.06% in the previous three trading sessions, underperforming the S&P 500, which has gained 1.18% during the same period. Moreover, Plains All American Pipeline L.P.'s stock is trading below its 50-day and 200-day moving averages of $51.56 and $54.30, respectively. A free report on PAA can be accessed by registering at:
http://www.AAAResearchReports.com/PAA111313.pdf
On Tuesday, shares in Energy Transfer Equity L.P. edged higher, hitting a new 52-week high of $70.77. The company's shares closed the day at $70.31, up 0.30% from the previous day's price of $70.10. A total of 1.01 million shares were traded, which is above the daily average volume of 0.80 million. The company's shares have gained 5.55% in the last one month and 7.69% in the previous three months, outperforming the S&P 500, which has gained 3.79% and 4.63% during the respective periods. Additionally, Energy Transfer Equity L.P.'s stock is trading above its 50-day and 200-day moving averages of $65.82 and $60.40, respectively. Register with AAA Research Reports and download research on ETE for free at:
http://www.AAAResearchReports.com/ETE111313.pdf
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