Le Lézard
Classified in: Oil industry, Business
Subject: INO

Pre-Market Technical Scan on Oil & Gas Equities -- Sea, SemGroup, Spectra Energy Partners, and Western Gas Partners


NEW YORK, Jan. 19, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on SE, SEMG, SEP, and WES which can be accessed for free by signing up to http://www.wallstequities.com/registration. Today's research on WallStEquities.com is centered on the Oil and Gas Pipelines space, which comprises companies that transport fuel through pipelines, often over great distances. Research coverage has been initiated this morning on the following stocks: Sea Ltd (NYSE: SE), SemGroup Corp. (NYSE: SEMG), Spectra Energy Partners L.P. (NYSE: SEP), and Western Gas Partners L.P. (NYSE: WES). All you have to do is sign up today for this free limited time offer by clicking the link below. http://www.wallstequities.com/registration

Sea

On Thursday, shares in Singapore headquartered Sea Ltd recorded a trading volume of 759,562 shares. The stock ended the session 0.40% lower at $12.58. The Company's shares have gained 4.83% in the last month. The stock is trading 5.95% below its 50-day moving average. Moreover, shares of Sea Ltd, which engages in the digital entertainment, ecommerce, and digital financial service businesses in Greater Southeast Asia, have a Relative Strength Index (RSI) of 42.45. Get the full research report on SE for free by clicking below at: http://www.wallstequities.com/registration/?symbol=SE

SemGroup

Tulsa, Oklahoma headquartered SemGroup Corp.'s stock closed the day 0.69% lower at $28.90 with a total trading volume of 940,813 shares. The Company's shares have advanced 3.96% in the past month and 6.64% in the previous three months. The stock is trading 9.15% and 3.68% above its 50-day and 200-day moving averages, respectively. Additionally, shares of SemGroup, which provides gathering, transportation, storage, distribution, marketing, and other midstream services for producers, refiners of petroleum products, and other market participants, have an RSI of 55.99.  

On January 05th, 2018, research firm Goldman downgraded the Company's stock rating from 'Buy' to 'Neutral'.

On January 08th, 2018, SemGroup announced that it has reached an agreement to sell its asphalt business, SemMaterials Mexico, to Ergon Asfaltos Mexico HC, LLC for an estimated $70 million, including a reimbursement of approximately $15 million of net working capital, subject to customary post-closing adjustments. The Company intends to use proceeds from the sale toward its capital raise plan, associated with the acquisition of Houston Fuel Oil Terminal Company and to pre-fund capital growth projects. Free research on SEMG can be accessed at: http://www.wallstequities.com/registration/?symbol=SEMG

Spectra Energy Partners

Shares in Houston, Texas-based Spectra Energy Partners L.P. recorded a trading volume of 342,384 shares. The stock ended yesterday's trading session 1.34% lower at $42.59. The Company's shares have advanced 2.13% in the past month. The stock is trading above its 50-day moving average by 3.09%. Furthermore, shares of the Company, which through its subsidiaries, engages in the transportation of natural gas through interstate pipeline systems, and the storage of natural gas in underground facilities in the US, have an RSI of 54.06.

On January 11th, 2018, research firm Wells Fargo downgraded the Company's stock rating from 'Outperform' to 'Market Perform'. Visit WallStEquities.com now and sign up for the free research on SEP at: http://www.wallstequities.com/registration/?symbol=SEP

Western Gas Partners

The Woodlands, Texas headquartered Western Gas Partners L.P.'s stock finished Thursday's session 1.39% lower at $51.97 with a total trading volume of 327,173 shares. The Company's shares have advanced 10.57% in the last month and 2.55% over the previous three months. The stock is trading above its 50-day moving average by 9.44%. Additionally, shares of Western Gas Partners, which acquires, develops, owns, and operates midstream energy assets in the Rocky Mountains, North-central Pennsylvania, and Texas, have an RSI of 60.73.

On January 17th, 2018, research firm Barclays downgraded the Company's stock rating from 'Overweight' to 'Equal Weight' while revising its previous target price from $62 a share to $54 a share. The free technical report on WES is available at: http://www.wallstequities.com/registration/?symbol=WES

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SOURCE Wall St. Equities


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