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Classified in: Oil industry, Business
Subject: INO

Daily Technical Summary Reports on Oil and Gas Stocks -- Energy Transfer Equity, Frank's Intl., MPLX LP, and Williams Partners


NEW YORK, October 10, 2017 /PRNewswire/ --

If you want a Stock Review on ETE, FI, MPLX, or WPZ then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Forbes reported that the Oil and Gas sector had a great month in September, jumping 8% and outperforming the broader global stock market by 6%. It is more than just rotational buying, the media company further noted. The trigger was a sharp rally in the oil price; Brent jumped from sub-US$50/bbl in mid-August and briefly threatened to break through US$60/bbl in a matter of weeks. Ahead of today's trading session, DailyStockTracker.com recalls the most recent performance of these Oil and Gas Pipelines companies: Energy Transfer Equity L.P. (NYSE: ETE), Frank's International N.V. (NYSE: FI), MPLX L.P. (NYSE: MPLX), and Williams Partners L.P. (NYSE: WPZ). Register now and get full and free access to these DailyStockTracker.com research reports at:

http://dailystocktracker.com/register/

Energy Transfer Equity 

On Monday, shares in Dallas, Texas-based Energy Transfer Equity L.P. recorded a trading volume of 4.43 million shares. The stock ended at $17.90, declining 0.11% from the last trading session. The Company's shares have gained 0.67% in the last one month. The stock is trading above its 50-day moving average by 3.05%. Furthermore, shares of the Company, which provides diversified energy-related services in the US, have a Relative Strength Index (RSI) of 59.66.  

On September 11th, 2017, research firm Jefferies reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $21 a share to $20 a share.

On October 03rd, 2017, Energy Transfer Equity announced the pricing of $1.0 billion aggregate principal amount of its 4.25% senior notes due March 15th, 2023. The Notes were priced at 99.0%, resulting in total proceeds of approximately $990,000,000 before expenses. The offering is expected to close on October 18th, 2017, subject to customary closing conditions. Access our complete research report on ETE for free at:

http://dailystocktracker.com/registration/?symbol=ETE

Frank's International 

Amsterdam, the Netherlands headquartered Frank's International N.V.'s stock finished yesterday's session 0.27% higher at $7.44 with a total trading volume of 700,817 shares. The Company's shares have gained 12.39% in the last one month. The stock is trading above its 50-day moving average by 3.91%. Furthermore, shares of Frank's have an RSI of 49.32.  


On September 27th, 2017, Frank's announced that its Board of Supervisory Directors has named Michael C. Kearney as President and CEO, effective immediately, in addition to his ongoing role as Chairman. Mr. Kearney has served on the Company's Board of Supervisory Directors since 2013 and has over 25 years of upstream energy executive and Board experience, principally in the Oil Services sector. The complimentary research report on FI can be downloaded at:


http://dailystocktracker.com/registration/?symbol=FI


MPLX L.P. 

At the close of trading on Monday, shares in Findlay, Ohio-based MPLX L.P. saw a slight drop of 0.68%, ending the day at $35.22. The stock recorded a trading volume of 396,235 shares. The Company's shares have advanced 3.44% in the last one month, 3.92% in the previous three months, and 1.73% since the start of this year. The stock is trading 2.24% above its 50-day moving average. Moreover, shares of MPLX, which owns, operates, develops, and acquires midstream energy infrastructure assets, have an RSI of 55.63.  

On October 05th, 2017, MPLX announced that it will host a conference call October 26th, 2017, at 11:00 a.m. EDT to discuss its Q3 2017 financial results, which will be released earlier that day, and to provide an update on partnership operations. The Company's participants will be Gary R. Heminger, Chairman and CEO; Michael J. Hennigan, President; Pamela K.M. Beall, Executive Vice President and CFO; and other senior executives. Register for free on DailyStockTracker.com and get access to the latest report on MPLX at:

http://dailystocktracker.com/registration/?symbol=MPLX

Williams Partners 

Tulsa, Oklahoma-based Williams Partners L.P.'s shares ended the day 0.25% lower at $39.44 with a total trading volume of 851,682 shares. The stock has gained 0.79% in the last month and 3.71% on an YTD basis. The Company's shares are trading 1.02% above their 50-day moving average. Additionally, shares of Williams Partners, which operates as an energy infrastructure company, have an RSI of 55.82.  

On September 18th, 2017, Williams Partners reported that construction is officially underway in Pennsylvania on the greenfield portion of the Atlantic Sunrise pipeline project - an expansion of the existing Transco natural gas pipeline to connect abundant Marcellus gas supplies with markets in the Mid-Atlantic and Southeastern US Construction broke ground in Pennsylvania on September 15th, 2017, in Columbia and Wyoming counties as site preparation began for two, new natural gas compressor facilities. Download your free research report on WPZ at:

http://dailystocktracker.com/registration/?symbol=WPZ

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