Free Pre-Market Technical Pulse on Magellan Midstream Partners and Three Other Oil & Gas Pipelines Stocks
Stock Research Monitor: FI, NS, and RMP
LONDON, UK / ACCESSWIRE / May 10, 2018 / If you want a free Stock Review on MMP sign up now at www.wallstequities.com/registration. In today’s pre-market research, WallStEquities.com covers the Oil and Gas Pipelines industry, which transports fuel through pipelines, often over great distances. Under review this morning are these fours equities: Frank’s International N.V. (NYSE: FI), Magellan Midstream Partners L.P. (NYSE: MMP), NuStar Energy L.P. (NYSE: NS), and Rice Midstream Partners L.P. (NYSE: RMP). All you have to do is sign up today for this free limited time offer by clicking the link below.
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Frank’s International
Den Helder, the Netherlands headquartered Frank’s International N.V.’s stock finished Wednesday’s session 10.25% higher at $7.96. A total volume of 2.16 million shares was traded, which was above their three months average volume of 910,680 shares. The Company’s shares have advanced 35.84% in the past month and 23.99% in the previous three months. The stock is trading 29.36% above its 50-day moving average and 18.67% above its 200-day moving average. Additionally, shares of Frank’s International, which provides various engineered tubular services for the oil and gas exploration and production, and oilfield services companies in the US, EMEA region, Latin America, Asia/Pacific, and internationally, have a Relative Strength Index (RSI) of 71.26.
On May 08th, 2018, Frank’s International reported its Q1 2018 results. Revenues for Q1 2018 were $115.6 million, net loss was $42.1 million, and adjusted EBITDA was a loss of $2.2 million. The Company’s consolidated cash and short-term investments balance at March 31st, 2018 was $264.9 million. Get the full research report on FI for free by clicking below at:
www.wallstequities.com/registration/?symbol=FI
Magellan Midstream Partners
On Wednesday, shares in Tulsa, Oklahoma headquartered Magellan Midstream Partners L.P. recorded a trading volume of 1.01 million shares. The stock ended the session 1.04% higher at $69.04. The Company’s shares have advanced 9.81% in the last month and 2.05% in the previous three months. The stock is trading 9.84% above its 50-day moving average and 2.41% above its 200-day moving average. Moreover, shares of the Company, which engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the US, have an RSI of 67.41.
On April 26th, 2018, Magellan Midstream Partners’ Board of Directors of has increased the Partnership’s quarterly cash distribution to 93.75 cents per unit for the period of January 01st, 2018, through March 31st, 2018. The new distribution, which equates to $3.75 per unit on an annualized basis, will be paid on May 15th, 2018 to unitholders of record at the close of business on May 08th, 2018. Download our actionable research report on MMP at:
www.wallstequities.com/registration/?symbol=MMP
NuStar Energy
San Antonio, Texas headquartered NuStar Energy L.P.’s shares closed the day 0.37% higher at $21.68. The stock recorded a trading volume of 393,987 shares. The Company’s shares have gained 6.54% in the last month. The stock is trading 3.56% above its 50-day moving average. Additionally, shares of NuStar Energy, which engages in the terminalling, storage, and marketing of petroleum products in Texas, have an RSI of 56.45.
On April 26th, 2018, NuStar Energy announced Q1 2018 Series A, Series B, and Series C preferred unit distributions of $0.53125 per unit, $0.47657 per unit, and $0.56250 per unit, respectively, that will be paid on June 15th, 2018, to holders of record as of June 01st, 2018. In addition, a Q1 2018 common unit distribution of $0.60 per unit will be paid on May 14th, 2018, to holders of record as of May 08th, 2018. Register for your free report coverage on NS at:
www.wallstequities.com/registration/?symbol=NS
Rice Midstream Partners
Shares in Pittsburgh, Pennsylvania headquartered Rice Midstream Partners L.P. finished 0.64% lower at $17.12. The stock recorded a trading volume of 1.43 million shares, which was higher than its three months average volume of 627,480 shares. The Company’s shares are trading below their 50-day moving average by 7.05%. Furthermore, shares of the Company, which owns, operates, develops, and acquires midstream assets in the Appalachian Basin, have an RSI of 32.77.
On April 26th, 2018, Rice Midstream Partners declared a quarterly cash distribution of $0.3049 per unit for Q1 2018. The distribution will be paid on May 15th, 2018, to all Company unitholders of record at the close of business on May 04th, 2018. Get the free research report on RMP at:
www.wallstequities.com/registration/?symbol=RMP
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