Pre-Market Technical Pulse on Oil & Gas Pipelines Stocks -- Genesis Energy, Enbridge, Kinder Morgan, and MPLX

NEW YORK, May 8, 2018 /PRNewswire/ -- If you want a free Stock Review on GEL, ENB, KMI, and MPLX sign up now at www.wallstequities.com/registration. Featured today on WallStEquities.com are Genesis Energy L.P. (NYSE: GEL), Enbridge Inc. (NYSE: ENB), Kinder Morgan Inc. (NYSE: KMI), and MPLX L.P. (NYSE: MPLX). Oil and Gas Pipelines operators transport fuel through pipelines, often over great distances. Most of these companies are structured as Master Limited Partnerships (MLPs), which helps limit costs by passing tax obligations along to shareholders. Since MLPs are required to distribute the vast majority of their earnings to shareholders, these stocks usually offer very high dividend yields. All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

Genesis Energy

Houston, Texas headquartered Genesis Energy L.P.'s stock finished Monday's session 0.29% lower at $20.82 with a total trading volume of 420,965 shares. The Company's shares have advanced 4.36% in the past month. The stock is trading 1.71% above its 50-day moving average. Additionally, shares of Genesis Energy, which operates in the midstream segment of the crude oil and natural gas industry, have a Relative Strength Index (RSI) of 49.25.  

On May 04^th, 2018, Genesis Energy announced its Q1 2018 results. Net income attributable to the Company was $8.0 million for the quarter, and cash flows from operating activities were $86.3 million. Available cash before reserves for Q1 2018 was $101.6 million and adjusted EBITDA was $162.2 million. Get the full research report on GEL for free by clicking below at:

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

Enbridge

On Monday, shares in Enbridge Inc. recorded a trading volume of 2.43 million shares. The stock ended the session 0.57% higher at $31.56. The Company's shares have advanced 1.06% in the last month. The stock is trading 0.55% above its 50-day moving average. Moreover, shares of Enbridge, which operates as an energy infrastructure company in Canada and the US, have an RSI of 54.13.

On April 16^th, 2018, Enbridge announced that it will hold its Annual Meeting of Shareholders on May 09^th, 2018, at 3:30 p.m. ET at Calgary Marriott Downtown Hotel, 110-9th Avenue S.E., Kensington Room, Calgary, Alberta. Download our actionable research report on ENB at:

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

Kinder Morgan

Houston, Texas headquartered Kinder Morgan Inc.'s shares closed the day 0.62% higher at $16.21. The stock recorded a trading volume of 12.67 million shares. The Company's shares have gained 6.86% in the last month. The stock is trading 2.03% above its 50-day moving average. Additionally, shares of Kinder Morgan, which operates as an energy infrastructure company in North America, have an RSI of 55.25.  

On April 18^th, 2018, Kinder Morgan announced that its Board of Directors approved a cash dividend of $0.20 per share for Q1 ($0.80 annualized), payable on May 15^th, 2018, to common stockholders of record as of the close of business on April 30^th, 2018. This is a 60% increase from last quarter's dividend and is consistent with the plan that the Company announced during the summer of 2017. Register for your free report coverage on KMI at:

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

MPLX

Shares in Findlay, Ohio-based MPLX L.P. finished 0.74% lower at $34.73. The stock recorded a trading volume of 955,436 shares. The Company's shares have advanced 7.49% in the last month and 1.31% over the past year. The stock is trading above its 50-day moving average by 2.09%. Furthermore, shares of MPLX, which owns, operates, develops, and acquires midstream energy infrastructure assets, have an RSI of 53.64.  

On April 16^th, 2018, research firm Guggenheim upgraded the Company's stock rating from 'Neutral' to 'Buy'.

On April 30^th, 2018, MPLX reported its Q1 2018 results. Net income attributable to the Company for Q1 2018 was a record $421 million, adjusted EBITDA was a record $760 million, and income from operations was a record $557 million. As of March 31^st, the Company had $2 million in cash, approximately $2.2 billion available through its bank revolving credit facility expiring in July 2022, and $500 million available through its credit facility with Marathon Petroleum Corp. Get the free research report on MPLX at:

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

Wall St. Equities:

Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

WSE has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY

WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

https://wallstequities.com/legal-disclaimer/

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Wall St. Equities

Related Links

http://www.wallstequities.com