Subject: INO
Pre-Market Technical Scan on Oil & Gas Equities -- HollyFrontier, Marathon Petroleum, NGL Energy Partners, and Phillips 66
NEW YORK, March 20, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on HFC, MPC, NGL, and PSX which can be accessed for free by signing up to www.wallstequities.com/registration. Pre-market today, WallStEquities.com observes the recent performance of HollyFrontier Corp. (NYSE: HFC), Marathon Petroleum Corp. (NYSE: MPC), NGL Energy Partners L.P. (NYSE: NGL), and Phillips 66 (NYSE: PSX). These stocks belong to the Oil and Gas Refining and Marketing space, which involves the 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. All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration
HollyFrontier
On Monday, shares in Dallas, Texas headquartered HollyFrontier Corp. recorded a trading volume of 1.77 million shares. The stock ended the session 0.54% lower at $46.26. The Company's shares have gained 63.58% over the past year. The stock is trading 21.82% 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 50.80.
On March 07th, 2018, research firm Credit Suisse resumed its 'Neutral' rating on the Company's stock, with a target price of $53 per share. Get the full research report on HFC for free by clicking below at: www.wallstequities.com/registration/?symbol=HFC
Marathon Petroleum
Findlay, Ohio headquartered Marathon Petroleum Corp.'s stock closed the day 0.67% lower at $69.21 with a total trading volume of 2.72 million shares. The Company's shares have advanced 2.08% in the past month, 7.04% in the previous three months, and 36.27% over the past year. The stock is trading 1.36% and 15.85% 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 54.85.
On March 12th, 2018, Marathon Petroleum (MPC) announced the appointment of Kristina A. Kazarian to the position of Vice President - Investor Relations, effective April 02nd, 2018. Kazarian will serve as a corporate officer for both MPC and MPLX, the master limited partnership sponsored by the former, and report to MPC Chairman and CEO Gary R. Heminger. She will maintain offices in Findlay and New York City. Free research on MPC can be accessed at: www.wallstequities.com/registration/?symbol=MPC
NGL Energy Partners
Shares in Tulsa, Oklahoma headquartered NGL Energy Partners L.P. recorded a trading volume of 918,405 shares, which was higher than their three months average volume of 864,610 shares. The stock ended yesterday's trading session 3.90% lower at $11.10. The Company's shares are trading below their 200-day moving average by 11.16%. Furthermore, shares of the Company, 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 34.75.
On March 19th, 2018, NGL Energy Partners (NGL) announced that the Board of Directors of its general partner declared a distribution for the quarter ending March 31st, 2018, to be paid to the holders of the Partnership's 9.00% Class B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units ("Class B 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 April 16th, 2018, to holders of record on April 02nd, 2018. Visit WallStEquities.com now and sign up for the free research on NGL at: www.wallstequities.com/registration/?symbol=NGL
Phillips 66
Houston, Texas headquartered Phillips 66's stock finished Monday's session 1.45% lower at $94.40 with a total trading volume of 1.72 million shares. The Company's shares have advanced 1.76% in the last month and 18.09% over the past year. The stock is trading above its 200-day moving average by 4.00%. Additionally, shares of Phillips 66, which operates as an energy manufacturing and logistics company, have an RSI of 47.18.
On March 07th, 2018, research firm Credit Suisse resumed its 'Neutral' rating on the Company's stock, with a target price of $110 per share. The free technical report on PSX is available at: www.wallstequities.com/registration/?symbol=PSX
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