Oil & Gas Pipelines Stocks on Investors' Radar -- Spectra Energy, QEP Resources, MPLX, and Antero Midstream Partners

NEW YORK, October 6, 2016 /PRNewswire/ --

Pre-market, Stock-Callers.com recalls the following Oil and Gas Pipelines equities: Spectra Energy Corp. (NYSE: SE), QEP Resources Inc. (NYSE: QEP), MPLX L.P. (NYSE: MPLX), and Antero Midstream Partners L.P. (NYSE: AM). These companies belong to the Basic Materials sector which is one of the most overvalued sectors in the market, with a price/fair value estimate ratio of 1.28, as per the Morningstar Global Markets Index. Learn more about these stocks by downloading their comprehensive and free reports at:

http://stock-callers.com/registration

Spectra Energy  

At the close on Wednesday, shares in Houston, Texas headquartered Spectra Energy Corp. saw a slight decline of 0.12%, ending the day at $41.86. The stock recorded a trading volume of 4.77 million shares. The Company's shares have advanced 2.10% in the last one month, 17.53% in the previous three months, and 81.66% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 8.39% and 31.02%, respectively. Moreover, shares of Spectra Energy, which owns and operates a portfolio of natural gas-related energy assets in North America, have a Relative Strength Index (RSI) of 55.97.

On September 26th, 2016, research firm Argus downgraded the Company's stock rating from 'Buy' to 'Hold'.

As per notes filed with the SEC on October 4th, 2016, Spectra Energy Capital, LLC, a wholly owned subsidiary of Spectra Energy Corp., entered into a $2.0 billion revolving credit agreement on September 29th, 2016, with the initial lenders named in the Credit Agreement and Citibank, N.A., as administrative agent. Outstanding borrowings under the Credit Agreement mature on September 28th, 2017. Spectra Energy has guaranteed Spectra Energy Capital's obligation to repay borrowings under the Credit Agreement. SE complete research report is just a click away and free at:

http://stock-callers.com/registration/?symbol=SE


QEP Resources  

Shares in Denver, Colorado headquartered QEP Resources Inc. ended the day 3.32% higher at $18.98. A total volume of 5.95 million shares was traded, which was above their three months average volume of 4.49 million shares. The stock has gained 9.90% in the previous three months and 41.64% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 1.55% and 20.73%, respectively. Furthermore, shares of QEP Resources, which through its subsidiaries, operates as a natural gas and crude oil exploration and production company in the US, have an RSI of 54.01.

On September 29th, 2016, QEP Resources announced that it will host a teleconference and webcast to discuss its Q3 2016 results beginning at 9:00 a.m. EDT on October 27th, 2016. QEP will issue a combined Q3 2016 financial and operational results news release on October 26th, 2016 after market close. The complimentary report on QEP can be downloaded at:


http://stock-callers.com/registration/?symbol=QEP


MPLX L.P.  

On Wednesday, shares in Findlay, Ohio-based MPLX L.P. finished 0.53% higher at $32.26. A total volume of 1.14 million shares was traded, which was above their three months average volume of 1.04 million shares. The stock has advanced 0.65% over the previous three months. The Company's shares are trading above their 200-day moving average by 6.33%. Additionally, shares of MPLX L.P., which owns, operates, develops, and acquires midstream energy infrastructure assets, have an RSI of 45.42.

On September 30th, 2016, research firm Mizuho initiated a 'Neutral' rating on the Company's stock, issuing a target price of $35 per share. Sign up for your complimentary research report on MPLX at:

http://stock-callers.com/registration/?symbol=MPLX


Antero Midstream Partners  

Denver, Colorado headquartered Antero Midstream Partners L.P.'s shares recorded a trading volume of 1.20 million shares at the end of yesterday's session, which was higher than their three months average volume of 345,710 shares. The stock closed the day at $26.70, gaining 0.30%. The Company's shares have advanced 0.69% in the previous three months and 20.59% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 1.55% and 12.94%, respectively. Additionally, shares of Antero Midstream Partners, which owns, operates, and develops midstream energy assets, have an RSI of 54.30.

As per notes filed with the SEC on September 13th, 2016, Antero Midstream Partners L.P. and its wholly-owned subsidiary, Antero Midstream Finance Corp., completed the previously announced offering of $650,000,000 aggregate principal amount of their 5.375% Senior Notes due 2024. The Notes are fully and unconditionally guaranteed, jointly and severally, on a senior unsecured basis by the Partnership's existing subsidiaries and its future wholly-owned domestic subsidiaries that guarantee certain of the Partnership's indebtedness. The Partnership intends to use the approximately $640 million of net proceeds of the Offering, after discounts and estimated offering expenses, to repay indebtedness under its revolving credit facility.

Yesterday, research firm Wells Fargo upgraded the Company's stock rating from 'Market Perform' to 'Outperform'. Get free access to your research report on AM at:

http://stock-callers.com/registration/?symbol=AM

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