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Stocks in Review: The TJX Companies, Inc. (TJX), ONEOK Partners, L.P. (OKS), Dominion Resources, Inc. (D)

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The TJX Companies, Inc. (TJX) traded within a range of $74.3 to $75.53 after opening the day at $74.64. The company has seen its stock decrease in value by -0.27% so far this year. The stock was up close to 0.33% on active volume in last trading session and closed at $74.93 per share. After the recent gain, the stock is currently holding -10.09% below its 52 week high of $83.64 and 13.63% above its 12-month low of $66.82. The shares are up by over 3.76% in the last three months, and the RSI indicator value of 45.54 is neither bullish nor bearish, tempting investors to stay on the sidelines.

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, accent furniture, lamps, rugs, wall décor, decorative accessories, and giftware; seasonal items; jewelry; and other merchandise. It operates stores under the T.J. Maxx, Marshalls, HomeGoods, Winners, HomeSense, T.K. Maxx, and Sierra Trading Post names, as well as operates e-commerce sites tjmaxx.com, tkmaxx.com, and sierratradingpost.com. As of July 30, 2016, the company operated a total of 3,675 stores in nine countries, which included the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria, the Netherlands, and Australia, as well as through three e-commerce sites. The TJX Companies, Inc. was founded in 1956 and is headquartered in Framingham, Massachusetts.

ONEOK Partners, L.P. (OKS) continued its upward trend with the stock climbing 3.6% or $1.86 to close the day at $53.56 on light trading volume of 4.33M shares, compared to its three month average trading volume of 970.32K. The Tulsa Oklahoma 74103 based company has been outperforming the oil & gas pipelines group over the past 52 weeks, with the stock gaining 108.14%, compared to the industry which has advanced 56.98% over the same period. With RSI of 80.49, the stock should still continue to rise and get closer to its one year target estimate of $44.56, making it a hold for now.

ONEOK Partners, L.P. engages in the gathering, processing, storage, and transportation of natural gas in the United States. It operates through three segments: Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines. The Natural Gas Gathering and Processing segment gathers and processes natural gas produced from crude oil and natural gas wells located in the Mid-Continent region; and gathers and processes natural gas in the Williston Basin, which spans portions of Montana and North Dakota, and the Powder River Basin of Wyoming. The Natural Gas Liquids segment gathers, treats, fractionates, and transports natural gas liquids (NGLs), as well as stores, markets, and distributes NGL products primarily in Oklahoma, Kansas, Texas, New Mexico, and the Rocky Mountain region. This segment also owns the Federal Energy Regulatory Commission (FERC)-regulated NGLs gathering and distribution pipelines in Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado; terminal and storage facilities in Missouri, Nebraska, Iowa, and Illinois; and FERC-regulated NGLs distribution and refined petroleum product pipelines in Kansas, Missouri, Nebraska, Iowa, Illinois, and Indiana. The Natural Gas Pipelines segment owns and operates regulated natural gas transmission pipelines and natural gas storage facilities; and provides natural gas transportation and storage services. This segment’s interstate natural gas pipeline assets transport natural gas through FERC-regulated interstate natural gas pipelines in North Dakota, Minnesota, Wisconsin, Illinois, Indiana, Kentucky, Tennessee, Oklahoma, Texas, and New Mexico. It also transports intrastate natural gas through its assets in Oklahoma; and owns underground natural gas storage facilities in Oklahoma, Texas, and Kansas. ONEOK Partners GP, L.L.C. serves as the general partner of ONEOK Partners, L.P. The company was founded in 1993 and is headquartered in Tulsa, Oklahoma.

Dominion Resources, Inc. (D) dropped $-0.17 to close the day at a new closing price of $71.68, a -0.24% decrease in value from its previous closing price that moved the stock 9.12% above its 52 week low of $67.58. A total of 4.33M shares exchanged hands during the day compared with its three month average trading volume of 2.59M. The stock, which fluctuated between $70.87 and $72.15 during the day, currently situated -7.53% below its 52 week high. The stock is down by -5.99% in the past one month and down by -2.84% over the past three months. With a one year target estimate of $79.41 and RSI of 30.42, the stock still has upside potential, making it a hold for now.

Dominion Resources, Inc. produces and transports energy in the United States. The company operates through three segments: Dominion Virginia Power (DVP), Dominion Generation, and Dominion Energy. The DVP segment engages in regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina. The Dominion Generation segment is involved in electricity generation through coal, nuclear, gas, oil, hydro, and renewable sources; and related energy supply operations. It also comprises generation operations of the company’s merchant fleet and energy marketing, and price risk management activities for its assets. The Dominion Energy segment engages in regulated natural gas distribution operations, gas transmission pipeline and storage operations, natural gas gathering and processing activities, and liquefied natural gas operations. As of December 31, 2015, the company’s portfolio of assets included approximately 24,300 megawatts of generating capacity; 6,500 miles of electric transmission lines; 57,300 miles of electric distribution lines; 12,200 miles of natural gas transmission, gathering, and storage pipelines; and 22,000 miles of gas distribution pipelines. It served approximately 5 million utility and retail energy customers in 14 states; and operated underground natural gas storage systems with approximately 933 billion cubic feet of storage capacity. In addition, the company sells electricity at wholesale prices to rural electric cooperatives, municipalities, and into wholesale electricity markets. Dominion Resources, Inc. was founded in 1909 and is headquartered in Richmond, Virginia.

 

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