Market Signals Most Active Stocks within the Natural Gas Sector
LONDON, UK / ACCESSWIRE / July 1, 2016 / Active Wall St. announces its coverage of market signals with highlight on these most active stocks from Thursday’s session: Southwestern Energy Company (NYSE: SWN), Kinder Morgan, Inc. (NYSE: KMI), and Exxon Mobil Corp. (NYSE: XOM). Register with us now for your free membership and get more on our signal alerts at:
http://www.activewallst.com/register/
Natural Gas Update
On Thursday, June 30, 2016, natural gas futures posted their best second-quarter performance since 2000 after the U.S. Energy Information Administration (IEA) report showed a smaller-than- expected stockpile gain. The gas inventory surplus narrowed for a 12th week to 25% from 54% in April, according to the IEA report.
Today, AWS is promoting its market signals coverage with emphasis on SWN, KMI, and XOM. Get all of our reports for free by signing up to http://www.activewallst.com/register/.
Hotter than usual temperature boosted demand for electricity generation in the U.S., which consequently eroded the supply of natural gas. It is good to note that natural gas is used for electricity generation in the U.S. instead of coal. Natural gas prices have gained 81% after hitting a 17-year low in March, 2016. Supplies have also been impacted by disruptions in West Virginia due to bad weather conditions and an explosion at an Enterprise Products Partners L.P. (NYSE: EPD) gas plant in Mississippi.
Futures for August delivery rose $0.061, or 2.1%, to settle at $2.924 per million British thermal units at on the New York Mercantile Exchange post the release of the EIA inventory report.
Active Wall St. takes a look at some of the most active natural gas stocks at the end of yesterday’s session:
Most Active – Southwestern Energy
On Thursday, shares in Southwestern Energy Company recorded heavy trading volume of 26.65 million shares, which was above its three months average volume of 17.14 million shares. Southwestern Energy’s stock ended the trading session at $12.58, down by 3.45%. The stock oscillated between an intraday range of $12.54 and $13.26.
The Texas-based company’s stock has gained 61.08% in the last three month and is up 76.93% on YTD basis as compared to the S&P 500 which is up 3.82% during the same time frame. The company’s stock is trading 24.28% above its 200-day moving average. The stock has a RSI of 45.64. Register for free and access the report on SWN at:
http://www.activewallst.com/registration-3/?symbol=SWN
Most Active – Kinder Morgan
Shares of Kinder Morgan, Inc. finished Thursday’s trading session 1.03% higher at $18.72. A total of 16.21 million shares were traded, which was above its three months average volume of 16.17 million shares. The stock moved between $18.32 and $18.73 during the session.
Over the last one month and the previous three months, Kinder Morgan’s shares have gained 4.23% and 8.89%, respectively. Additionally, since the beginning of 2016, the company’s stock has advanced 27.45% as compared to the S&P 500 which is up 3.82% during the same time frame. The Houston, Texas-based company’s shares are trading 5.51% above its 50-day average. Access our free reports at:
http://www.activewallst.com/registration-3/?symbol=KMI
Most Active – Exxon Mobil
On Thursday, shares in Exxon Mobil Corp. oscillated between $92.30 and 93.83 before closing the trading session 1.38% higher at $93.74. Exxon Mobil’s share recorded a trading volume of 13.88 million shares, which was above its three months average volume of 10.73 million shares.
Shares of the company traded at 30.16 times its trailing twelve month P/E ratio. The Irving, Texas-based company’s shares have advanced 13.94% in the previous three months and have added 22.37% on YTD basis as compared to the S&P 500 which is up 3.82% during the same time frame.
The stock is trading 5.04% and 15.46% above its 50-day and 200- day moving averages respectively. Get more free research on XOM at:
http://www.activewallst.com/registration-3/?symbol=XOM
Active Wall Street:
Active Wall Street (AWS) 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. AWS 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.
AWS 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 info@activewallst.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 AWS. AWS 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
AWS, 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. AWS, 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, AWS, 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 AWS 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://www.activewallst.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: info@activewallst.com
Phone number: 1-858-257-3144
Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: Active Wall Street
ReleaseID: 441890