Technical Roundup on Oil & Gas Stocks -- Ferrellgas, Pacific Ethanol, World Fuel, and NGL Energy
NEW YORK, April 13, 2017 /PRNewswire/ --
Often referred to as downstream sector in the Oil and Gas industry, the Oil and Gas Refining and Marketing space is involved in the refining of petroleum crude oil and the processing and purifying of raw natural gas. It is also engaged in the marketing and distribution of products derived from crude oil and natural gas. This morning, Stock-Callers.com has initiated reports coverage on: Ferrellgas Partners L.P. (NYSE: FGP), Pacific Ethanol Inc. (NASDAQ: PEIX), World Fuel Services Corp. (NYSE: INT), and NGL Energy Partners L.P. (NYSE: NGL). Sign up today and download for free the research reports for the stocks covered today at:
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Ferrellgas
Overland Park, Kansas headquartered Ferrellgas Partners L.P.'s stock finished Wednesday's session 2.39% higher at $6.01, with a total trading volume of 290,838 shares. The Company's shares have advanced 0.67% in the past month. The stock is trading 4.80% below its 50-day moving average. Additionally, shares of Ferrellgas Partners, which distributes and sells propane and related equipment and supplies primarily in the US, have a Relative Strength Index (RSI) of 47.25.
On March 15th, 2017, Ferrellgas Partners announced the acquisition of Valley Center Propane, an independent propane retailer based in Valley Center, California. The transaction is expected to be immediately accretive and is further evidence of the partnership's longstanding commitment to growing its core propane business through strategic acquisitions. Terms of the transaction were not disclosed. FGP complete research report is just a click away at:
http://stock-callers.com/registration/?symbol=FGP
Pacific Ethanol
On Wednesday, shares in Sacramento, California headquartered Pacific Ethanol Inc. recorded a trading volume of 396,504 shares. The stock ended the session 2.80% lower at $6.95. The Company's shares are trading 4.11% below their 50-day moving average. Moreover, shares of Pacific Ethanol, which produces and markets low-carbon renewable fuels in the US, have an RSI of 48.18. The complimentary report on PEIX can be downloaded at:
http://stock-callers.com/registration/?symbol=PEIX
World Fuel
Miami, Florida headquartered World Fuel Services Corp.'s shares closed the day 0.85% lower at $35.97. The stock recorded a trading volume of 399,882 shares. The Company's shares are trading 6.17% below their 50-day moving average. Additionally, shares of World Fuel Services, which provides energy procurement advisory, supply fulfillment and transaction, and payment management solutions to commercial and industrial customers in the aviation, marine, and transportation industries, have an RSI of 36.69. Sign up for your complimentary report on INT at:
http://stock-callers.com/registration/?symbol=INT
NGL Energy
Shares in Tulsa, Oklahoma headquartered NGL Energy Partners L.P. finished 0.47% higher at $21.60. The stock recorded a trading volume of 271,557 shares. The Company's shares have advanced 0.70% in the last one month, 2.09% in the previous three months, and 4.52% on an YTD basis. The stock is trading above its 200-day moving average by 10.24%. Furthermore, shares of NGL Energy Partners, 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 42.70. Download the research report for free on NGL at:
http://stock-callers.com/registration/?symbol=NGL
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