What's happening With These Oil & Gas Pipelines Stocks? — Centennial Resource Development, Dominion Energy Midstream Partners, Energy Transfer Partners, and EnLink Midstream

April 20, 2018

Responsive image

NEW YORK, April 20, 2018 /PRNewswire/ —

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on CDEV, DM, ETP, and ENLC which can be accessed for free by signing up to www.wallstequities.com/registration. On Thursday, April 19, 2018, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged lower at the closing bell. Seven out of nine sectors ended Thursday’s trading session in bearish territories. Taking into consideration yesterday’s market sentiment, WallStEquities.com assessed the following Oil & Gas Pipelines equities this morning: Centennial Resource Development Inc. (NASDAQ: CDEV), Dominion Energy Midstream Partners LP (NYSE: DM), Energy Transfer Partners L.P. (NYSE: ETP), and EnLink Midstream LLC (NYSE: ENLC). All you have to do is sign up today for this free limited time offer by clicking the link below.


Centennial Resource Development

On Thursday, shares in Denver, Colorado-based Centennial Resource Development Inc. recorded a trading volume of 2.68 million shares, which was higher than their three months average volume of 2.19 million shares. The stock ended at $18.73, rising 0.59% from the last trading session. The Company’s shares have gained 2.02% in the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 2.52% and 1.73%, respectively. Furthermore, shares of the Company, which together with its subsidiary, Centennial Resource Production, LLC, operates as an independent oil and natural gas company in the US, have a Relative Strength Index (RSI) of 58.95.

On March 21st, 2018, research firm Johnson Rice initiated a ‘Buy’ rating on the Company’s stock, with a target price of $25 per share. Get the full research report on CDEV for free by clicking below at: www.wallstequities.com/registration/?symbol=CDEV

Dominion Energy Midstream Partners

Richmond, Virginia headquartered Dominion Energy Midstream Partners LP’s stock finished yesterday’s session 2.93% lower at $14.90. A total volume of 436,803 shares was traded. The stock is trading below its 50-day moving average by 30.85%. Furthermore, shares of the Company, which owns liquefied natural gas terminalling, storage, regasification, and transportation assets, have an RSI of 28.83.

On March 27th, 2018, research firm Evercore ISI downgraded the Company’s stock rating from ‘Outperform’ to ‘In-line’. Today’s complimentary research report on DM is accessible at: www.wallstequities.com/registration/?symbol=DM

Energy Transfer Partners

At the close of trading on Thursday, shares in Dallas, Texas-based Energy Transfer Partners L.P. saw a decline of 0.06%, ending the day at $18.09. The stock recorded a trading volume of 5.23 million shares. The Company’s shares have advanced 9.31% in the last month. The stock is trading above its 50-day moving average by 2.66%. Moreover, shares of the Company, which engages in the natural gas midstream, and intrastate transportation and storage businesses in the US, have an RSI of 62.98. Sign up for free on Wall St. Equities and claim the latest report on ETP at: www.wallstequities.com/registration/?symbol=ETP

EnLink Midstream

Dallas, Texas headquartered EnLink Midstream LLC’s shares ended the day 1.01% lower at $14.70 with a total trading volume of 1.11 million shares. The Company’s shares are trading below their 50-day moving average by 4.04%. Additionally, shares of EnLink Midstream, which focuses on providing midstream energy services in the US, have an RSI of 47.52.

On April 04th, 2018, research firm JP Morgan downgraded the Company’s stock rating from ‘Neutral’ to ‘Underweight’. See the free research coverage on ENLC at: www.wallstequities.com/registration/?symbol=ENLC

Wall St. Equities:

Wall St. Equities (WSE) 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. WSE 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. 

WSE has not been compensated; directly or indirectly; for producing or publishing this document. 


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@wallstequities.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 WSE. WSE 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.  


WSE, 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. WSE, 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, WSE, 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. 


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 WSE 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 https://wallstequities.com/legal-disclaimer/


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@wallstequities.com
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

View original content:http://www.prnewswire.com/news-releases/whats-happening-with-these-oil–gas-pipelines-stocks—-centennial-resource-development-dominion-energy-midstream-partners-energy-transfer-partners-and-enlink-midstream-300633594.html

SOURCE Wall St. Equities

Category: Precious Metals