Pre-Market Technical Pulse on Oil & Gas Pipelines Stocks -- Genesis Energy, MPLX, Plains GP, and Williams Partners

NEW YORK, Nov. 17, 2017 /PRNewswire/ --

If you want a Stock Review on GEL, MPLX, PAGP, or WPZ then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Research coverage has been initiated by DailyStockTracker.com on Genesis Energy L.P. (NYSE: GEL), MPLX L.P. (NYSE: MPLX), Plains GP Holdings L.P. (NYSE: PAGP), and Williams Partners L.P. (NYSE: WPZ). Operators in the Oil and Gas Pipelines industry transport fuel through pipelines, often over great distances. These companies usually offer very high dividend yields. Sign up today on DailyStockTracker.com and download our free research reports on these featured stocks at: http://dailystocktracker.com/register/

Genesis Energy

Houston, Texas headquartered Genesis Energy L.P.'s stock finished Thursday's session 0.70% lower at $21.31 with a total trading volume of 447,637 shares. The stock is trading 14.77% below their 50-day moving average. Shares of the Company, which operates in the midstream segment of the crude oil and natural gas industry, have a Relative Strength Index (RSI) of 26.08.  

On October 17th, 2017, research firm UBS reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $41 a share to $39 a share.

On November 03rd, 2017, Genesis Energy announced its Q3 2017 results. Net income for Q3 2017 was $6.3 million, cash flows from operating activities were $33.8 million, available cash before reserves was $91.8 million, and adjusted EBITDA was $140.1 million. The Company also completed the $1.325 billion accretive acquisition of the world's largest producer of natural soda ash - Tronox Limited during the quarter ended September 30th, 2017. GEL complete research report is just a click away at: http://dailystocktracker.com/registration/?symbol=GEL

MPLX L.P.

On Thursday, shares in Findlay, Ohio-based MPLX L.P. recorded a trading volume of 846,789 shares. The stock ended the session 0.06% higher at $34.43. The Company's shares have advanced 1.00% in the last one month and 4.68% in the previous three months. The stock is trading 0.67% below its 50-day moving average. Moreover, shares of MPLX, which owns, operates, develops, and acquires midstream energy infrastructure assets, have an RSI of 49.30.

On October 26th, 2017, MPLX reported record Q3 2017 results. Net income for Q3 2017 was a record $216 million, adjusted EBITDA was $538 million, net cash from operating activities was $494 million, and distributable cash flow was $442 million. As of September 30th, 2017, the Company had $3 million in cash, approximately $1.8 billion available through its bank revolving credit facility expiring in July 2022, and $298 million available through its credit facility with MPC. The complimentary report on MPLX can be downloaded at: http://dailystocktracker.com/registration/?symbol=MPLX

Plains GP Holdings

Houston, Texas-based Plains GP Holdings L.P.'s shares closed the day 1.44% lower at $20.58. The stock recorded a trading volume of 1.78 million shares. The Company's shares have gained 4.10% over the previous three months. The stock is trading 4.80% below its 50-day moving average. Additionally, shares of Plains GP, which owns and operates midstream energy infrastructure in the US and Canada, have an RSI of 43.39.  Sign up for your complimentary report on PAGP at: http://dailystocktracker.com/registration/?symbol=PAGP

Williams Partners

Shares in Tulsa, Oklahoma-based Williams Partners L.P. finished 1.10% lower at $35.02. The stock recorded a trading volume of 1.36 million shares, which was higher than its three months average volume of 938,750 shares. The Company's shares are trading below their 50-day moving average by 8.70%. Furthermore, shares of Williams Partners, which operates as an energy infrastructure company, have an RSI of 33.26.  

On November 15th, 2017, Williams Partners announced that Transcontinental Gas Pipe Line Company, LLC (Transco) has filed an application with the Federal Energy Regulatory Commission seeking authorization for its Gateway Expansion Project, designed to create 65,000 dekatherms per day of firm transportation capacity for northeastern markets in time for the 2020/2021 winter heating season. Transco has executed precedent agreements with PSEG Power, LLC and UGI Energy Services, LLC for firm transportation service under the project. Download the research report for free on WPZ at: http://dailystocktracker.com/registration/?symbol=WPZ

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