Pre-Market Technical Scan on Oil & Gas Equities -- NGL Energy Partners, HollyFrontier, Marathon Petroleum, and Ultrapar Participacoes
NEW YORK, Dec. 27, 2017 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on NGL, HFC, MPC, and UGP which can be accessed for free by signing up to www.wallstequities.com/registration. WallStEquities.com reexplores the Oil and Gas Refining and Marketing space, which involves refining of petroleum crude oil and the processing and purifying of raw natural gas as well as the marketing and distribution of products derived from crude oil and natural gas. Stocks in this morning's lineup are: NGL Energy Partners L.P. (NYSE: NGL), HollyFrontier Corp. (NYSE: HFC), Marathon Petroleum Corp. (NYSE: MPC), and Ultrapar Participacoes S.A. (NYSE: UGP). All you have to do is sign up today for this free limited time offer, click the link below.
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NGL Energy Partners
Tulsa, Oklahoma headquartered NGL Energy Partners L.P.'s stock finished Tuesday's session 0.35% lower at $14.30 with a total trading volume of 1.13 million shares. The Company's shares have advanced 17.21% in the last one month and 27.68% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 16.08% and 3.76%, respectively. Additionally, shares of NGL Energy, which through its subsidiaries, engages in the crude oil logistics, water solutions, liquids, retail propane, and refined products and renewables businesses in the US, have an RSI of 64.56.
On December 19th, 2017, NGL Energy (NGL) announced that the Board of Directors of its general partner declared a distribution for the quarter ending December 31st, 2017, to be paid to the holders of the Partnership's 9.00% Class B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units, in accordance with the terms outlined in NGL's partnership agreement. The Class B Preferred Units distribution of $0.5625 per unit will be made on January 15th, 2018 to holders of record on December 29th, 2017. Get the full research report on NGL for free by clicking below at:
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HollyFrontier
On Tuesday, shares in Dallas, Texas-based HollyFrontier Corp. recorded a trading volume of 815,372 shares. The stock ended the session 1.34% higher at $51.30. The Company's shares have advanced 16.46% in the last one month, 48.22% over the previous three months, and 56.59% on an YTD basis. The stock is trading 20.39% above its 50-day moving average and 59.11% above its 200-day moving average. Moreover, shares of HollyFrontier, which operates as an independent petroleum refiner in the US, have a Relative Strength Index (RSI) of 81.60.
On December 08th, 2017, research firm Cowen reiterated its 'Market Perform' rating on the Company's stock with an increase of the target price from $35 a share to $38 a share. Free research on HFC can be accessed at:
www.wallstequities.com/registration/?symbol=HFC
Marathon Petroleum
Findlay, Ohio headquartered Marathon Petroleum Corp.'s stock closed the day 0.72% higher at $66.84 with a total trading volume of 2.31 million shares. The Company's shares have advanced 7.75% in the past month, 20.69% in the previous three months, and 32.75% since the start of this year. The stock is trading 8.35% and 21.81% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Marathon Petroleum, which together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the US, have an RSI of 70.47.
On December 21st, 2017, Marathon Pipe Line LLC, operator of the Capline pipeline and a wholly owned subsidiary of MPLX L.P., the master limited partnership sponsored by Marathon Petroleum (MPC), announced that the pipeline's owners plan to evaluate next steps required for a potential binding open season. Capline currently transports crude oil from St. James, Louisiana to Patoka, Illinois. MPC owns an approximate 33% interest in Capline. Visit WallStEquities.com now and sign up for the free research on MPC at:
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Ultrapar Participacoes
Shares in Sao Paulo, Brazil headquartered Ultrapar Participacoes S.A. recorded a trading volume of 170,730 shares. The stock ended yesterday's trading session 0.81% higher at $22.38. The Company's shares have advanced 7.91% on an YTD basis. The stock is trading below its 50-day moving average by 1.99%. Furthermore, shares of Ultrapar Participacoes, which through its subsidiaries, engages in the liquefied petroleum gas distribution, fuel distribution, and related businesses, have an RSI of 51.55. The free technical report on UGP is available at:
www.wallstequities.com/registration/?symbol=UGP
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