16.06.2017 12:40:00

Initiating Research Reports on Oil & Gas Pipelines Equities -- Williams Partners, Frank's Intl., MPLX L.P., and ONEOK Partners

NEW YORK, June 16, 2017 /PRNewswire/ --

DailyStockTracker.com assesses these four stocks within the Oil and Gas Pipelines industry: Williams Partners L.P. (NYSE: WPZ), Frank's International N.V. (NYSE: FI), MPLX L.P. (NYSE: MPLX), and ONEOK Partners L.P. (NYSE: OKS). According to a report on IBISWorld, the Oil and Gas Pipelines space, over the past five years, benefited from heavy investment in natural gas and oil infrastructure construction. Looking forward, the industry is projected to experience strong demand, as new natural gas resources require existing pipelines to reach capacity. This morning's free research reports on the aforesaid equities are available upon registration on DailyStockTracker.com at:

http://dailystocktracker.com/register/


Williams Partners
 

Tulsa, Oklahoma-based Williams Partners L.P.'s stock finished Thursday's session 0.32% lower at $37.88. A total volume of 2.45 million shares was traded, which was above their three months average volume of 1.05 million shares. The Company's shares are trading below their 200-day moving average by 1.94%. Furthermore, shares of Williams Partners, which operates as an energy infrastructure company, have a Relative Strength Index (RSI) of 33.84.

On June 05th, 2017, Williams Partners announced that it has completed a public offering of $1.45 billion of its 3.750% senior notes due 2027. The Company intends to use the net proceeds of the offering for general partnership purposes, including the repayment of $1.4 billion aggregate principal amount of its 4.875% Senior Notes due 2023 or other of its outstanding indebtedness. Visit us today and access our complete research report on WPZ at:

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


Frank's 

Shares in Amsterdam, the Netherlands headquartered Frank's International N.V. ended at $8.21, down 0.61% from the last trading session. The stock recorded a trading volume of 1.11 million shares, which was above its three months average volume of 1.02 million shares. The Company's shares have gained 0.24% in the last month. The stock is trading 6.23% below its 50-day moving average. Moreover, shares of Frank's International, which provides various engineered tubular services for the oil and gas exploration and production companies in the US and internationally, have an RSI of 48.40.

On June 07th, 2017, Frank's International announced that its Board of Supervisory Directors has named Kyle McClure as Senior Vice President and CFO, effective June 05th, 2017. Mr. McClure previously served as the Company's Senior Vice President of Finance and Treasurer since March 2015, with responsibility for global treasury, insurance, investor relations, and financial planning and analysis. The complimentary report on FI can be downloaded at:

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


MPLX L.P. 

Findlay, Ohio-based MPLX L.P.'s stock ended yesterday's session 0.51% lower at $33.01. A total volume of 2.09 million shares was traded, which was above their three months average volume of 1.42 million shares. The Company's shares are trading 4.47% below their 200-day moving average. Additionally, shares of MPLX, which owns, operates, develops, and acquires midstream energy infrastructure assets, have an RSI of 38.81.  

On May 30th, 2017, MPLX, formed by Marathon Petroleum Corp. (MPC), announced that MPC Chairman, President and CEO Gary R. Heminger reported changes to the Company's executive team. Donald C. Templin, president of the general partner of MPLX, has been named president, Marathon Petroleum Corp., effective July 01st, 2017. Templin will continue to serve as a member of the board of directors of the general partner of MPLX. He will also continue to report to Heminger in his new role, and be located in Findlay. Register for free on DailyStockTracker.com and access the latest research report on MPLX at:

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


ONEOK Partners 

On Thursday, shares in Tulsa, Oklahoma headquartered ONEOK Partners L.P. recorded a trading volume of 1.06 million shares, which was above their three months average volume of 938,190 shares. The stock finished 0.40% higher at $48.09. The Company's shares have advanced 11.81% since the start of this year. The stock is trading above its 200-day moving average by 4.07%. Furthermore, shares of ONEOK Partners, which engages in the gathering, processing, storage, and transportation of natural gas in the US, have an RSI of 40.84.

On June 12th, 2017, ONEOK, Inc., the general partner of ONEOK Partners, announced that the Company will redeem all of its outstanding 6.5% senior notes due 2028 for approximately $87 million, the outstanding aggregate principal amount of the notes. The Company will redeem the notes on July 12th, 2017, using cash on hand, at a redemption price equal to the principal amount, plus accrued and unpaid interest, in accordance with the indenture governing the notes. Get free access to your research report on OKS at:

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


Daily Stock Tracker:
 

Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

DST has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@dailystocktracker.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://dailystocktracker.com/disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: contact@dailystocktracker.com
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


SOURCE Chelmsford Park SA

Nachrichten zu ONEOK Partners LPPartnerships Unitsmehr Nachrichten

Keine Nachrichten verfügbar.

Analysen zu ONEOK Partners LPPartnerships Unitsmehr Analysen

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!

Aktien in diesem Artikel

Frank's International N.V. 0,00 0,00% Frank's International N.V.
MPLX LP. Partnership Units 47,28 2,47% MPLX LP. Partnership Units