07.09.2017 12:35:00
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Independent Oil & Gas Stock Performance Review -- Enbridge Energy Management, Enterprise Products Partners, EP Energy, and Resolute Energy
NEW YORK, September 7, 2017 /PRNewswire/ --
If you want a Stock Review on EEQ, EPD, EPE, or REN then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. , According to Goldman Sachs, reconstruction in the aftermath of Hurricane Harvey's deadly gash through Texas could prove positive for the oil market in a few months, a Bloomberg article reports. According to the bank, dry, post-storm weather should help minimize the loss of demand for gasoline and diesel, Bloomberg further notes. For today, DailyStockTracker.com covers the Independent Oil and Gas space to see how recent events have influenced the performance of select stocks: Enbridge Energy Management L.L.C. (NYSE: EEQ), Enterprise Products Partners L.P. (NYSE: EPD), EP Energy Corp. (NYSE: EPE), and Resolute Energy Corp. (NYSE: REN). These free stocks reports are currently available on DailyStockTracker.com. Simply sign up for your complimentary member access at:
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Enbridge Energy Management
Houston, Texas headquartered Enbridge Energy Management L.L.C.'s stock finished Wednesday's session 1.40% higher at $14.52 with a total trading volume of 273,751 shares. Over the last month, the Company's shares have advanced 0.55%. The stock is trading below its 50-day moving average by 0.92%. Moreover, shares of Enbridge Energy Management, which through its limited partner interests in Enbridge Energy Partners, L.P., owns and operates crude oil and liquid petroleum transportation and storage assets in the US, have a Relative Strength Index (RSI) of 57.51. Your complete research report on EEQ can be retrieved for free at:
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Enterprise Products Partners
Shares in Houston, Texas-based Enterprise Products Partners L.P. rose 1.39%, ending yesterday's session at $26.17 with a total trading volume of 2.54 million shares. The stock is trading 1.52% below its 50-day moving average. Shares of the Company, which provides midstream energy services to producers and consumers of natural gas, natural gas liquids, crude oil, petrochemicals, and refined products, have an RSI of 52.52.
On September 01st, 2017, research firm Jefferies reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $33 a share to $30 a share.
On September 05th, 2017, Enterprise Products Partners announced that the Company has made significant progress in restoring service at substantially all of its major assets impacted by Hurricane Harvey. The Company's marine terminals have largely returned to service, as port restrictions remain in place at certain facilities. In South Texas, the Partnership's eight, natural gas processing plants and two NGL fractionators have resumed full operations. With respect to pipeline operations, issues have been minimal and have not prevented movements on the Company's mainlines. A free report on EPD is just a click away at:
http://dailystocktracker.com/registration/?symbol=EPD
EP Energy
On Wednesday, Houston, Texas headquartered EP Energy Corp.'s stock climbed 1.65%, to close the day at $3.08. A total volume of 262,691 shares was traded. The Company's shares are trading 7.83% below their 50-day moving average. Additionally, shares of EP Energy, which engages in the exploration for and the acquisition, development, and production of oil, natural gas, and natural gas liquids in the US, have an RSI of 47.86.
On August 31st, 2017, EP Energy announced that the Company's Eagle Ford assets have not experienced any damage from weather relating to Hurricane Harvey. The local area only experienced a few inches of rain, which did not impair drilling or production operations.
On September 05th, 2017, research firm Tudor Pickering downgraded the Company's stock rating from 'Buy' to 'Sell'. Sign up for your complimentary research report on EPE at:
http://dailystocktracker.com/registration/?symbol=EPE
Resolute Energy
Shares in Denver, Colorado-based Resolute Energy Corp. ended the day 2.82% higher at $27.39. A total volume of 639,095 shares was traded. The stock is trading below its 50-day moving average by 8.96%. Furthermore, shares of Resolute Energy, which engages in the acquisition, exploitation, exploration for, and development of oil and gas properties in the US, have an RSI of 43.80. Register for free on DailyStockTracker.com and download the latest research report on REN at:
http://dailystocktracker.com/registration/?symbol=REN
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