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Oil & Gas Stocks on Investors' Radar -- Plains All American Pipeline, Cheniere Energy, Targa Resources, and Sunoco Logistics Partners

PAA, TRGP, LNG

PR Newswire

NEW YORK, December 22, 2016 /PRNewswire/ --

On Wednesday, benchmark US indices strayed away from their recent bullish performance as the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 slipped lower, finishing the trading session in red. US markets also slipped in red as seven out of nine sectors closed the day in negative. Today morning, Stock-Callers.com reviews these four Oil & Gas stocks: Plains All American Pipeline L.P. (NYSE: PAA), Cheniere Energy Inc. (NYSE MKT: LNG), Targa Resources Corporation (NYSE: TRGP), and Sunoco Logistics Partners L.P. (NYSE: SXL). Learn more about these stocks by accessing their free research reports at: http://stock-callers.com/registration

Plains All American Pipeline  

On Wednesday, shares in Houston, Texas headquartered Plains All American Pipeline L.P. recorded a trading volume of 2.35 million shares. The stock ended the day 1.77% higher at $32.81. Shares of the Company, which through its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil, natural gas liquids, natural gas, and refined products in the US and Canada, are trading at a PE ratio of 64.97. Plains All American Pipeline's stock has advanced 1.77% in the last one month and 11.50% in the previous three months. Furthermore, the stock has surged 67.17% in the past one year. The Company is trading above its 50-day and 200-day moving averages by 4.84% and 22.66%, respectively. Furthermore, shares of the Company have a Relative Strength Index (RSI) of 57.48.

On December 9th, 2016, research firm JP Morgan upgraded the Company's stock rating from 'Neutral' to 'Overweight'. Free research report on PAA is available at: http://stock-callers.com/registration/?symbol=PAA

Cheniere Energy  

On Wednesday, shares in Houston, Texas-based Cheniere Energy Inc. ended the session 1.27% higher at $41.37 with a total volume of 3.19 million shares traded. Cheniere Energy's shares have advanced 3.87% in the previous one month and 13.81% in the past one year. The stock is trading 3.45% above its 50-day moving average and 6.52% above its 200-day moving average. Moreover, shares of the Company, which engages in the liquefied natural gas related business in the US, have an RSI of 50.34. The complimentary research report on LNG can be downloaded at: http://stock-callers.com/registration/?symbol=LNG

Targa Resources  

Houston, Texas headquartered Targa Resources Corp.'s stock finished Wednesday's session 2.26% higher at $57.48 with a total volume of 1.70 million shares traded. Over the last one month and the previous three months, Targa Resources' shares have gained 8.53% and 19.52%, respectively. Furthermore, the stock has rallied 136.71% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 16.11% and 38.81%, respectively. Shares of Targa Resources, which through its general and limited partner interests in Targa Resources Partners LP, provides midstream natural gas and natural gas liquid services in the US, have an RSI of 71.37.

On December 1st, 2016, research firm Stifel downgraded the Company's stock rating from 'Buy' to 'Hold' while revising its previous target price from $50 to $52. Visit us today and access our complete research report on TRGP at: http://stock-callers.com/registration/?symbol=TRGP

Sunoco Logistics Partners  

Newtown Square, Pennsylvania-based Sunoco Logistics Partners L.P.'s stock advanced 1.31%, to close the day at $23.96. The stock recorded a trading volume of 5.87 million shares, which was above its three months average volume of 2.56 million shares. Sunoco Logistics Partners' shares have advanced 5.90% in the past one year. The Company's shares are trading 3.85% and 9.30% below its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which transports, terminals, and stores crude oil, refined products, and natural gas liquids, are trading at a PE ratio of 47.73 and has an RSI of 48.73.

On December 2nd, 2016, research firm RBC Capital Markets upgraded the Company's stock rating from 'Sector Perform' to 'Outperform', issuing a target price of $32 per share. Get free access to your research report on SXL at: http://stock-callers.com/registration/?symbol=SXL

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