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Eye Catching Stocks: CenterPoint Energy, Inc. (CNP), Apache Corporation (APA), Church & Dwight Co., Inc. (CHD)

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CenterPoint Energy, Inc. (CNP) failed to extend gains with the stock declining -0.8% or $-0.21 to close the day at $26.09 on light trading volume of 2.68M shares, compared to its three month average trading volume of 3.5M. The Houston Texas 77002 based company has been outperforming the gas utilities group over the past 52 weeks, with the stock gaining 45.3%, compared to the industry which has advanced 9.24% over the same period. With RSI of 61.94, the stock should still continue to rise and get closer to its one year target estimate of $25.2, making it a hold for now.

CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company’s Electric Transmission & Distribution segment offers electric transmission and distribution services to retail electric providers, municipalities, electric cooperatives, and other distribution companies. As of December 31, 2015, this segment owned 28,474 pole miles of overhead distribution lines and 3,723 circuit miles of overhead transmission lines; 23,120 circuit miles of underground distribution lines and 26 circuit miles of underground transmission lines; and 232 substations with a capacity of 58,674 megavolt amperes. Its Natural Gas Distribution segment sells regulated intrastate natural gas; provides natural gas transportation and storage services for residential, commercial, industrial, and transportation customers; and offers unregulated services comprising residential appliance repair and maintenance services, as well as sells heating, ventilating and air conditioning equipment. This segment owned approximately 74,000 linear miles of natural gas distribution mains. The company’s Energy Services segment provides physical natural gas supplies primarily to commercial and industrial customers, and electric and gas utilities; natural gas management services; and physical delivery services, as well as procures and optimizes transportation and storage assets. It owns and operates approximately 200 miles of intrastate pipelines; and leases transportation capacity on various interstate and intrastate pipelines, and storage. Its Midstream Investments segment provides gathering, processing, compression, treating, dehydration, and natural gas liquids fractionation for producer customers. This segment had approximately 12,400 miles of gathering pipelines, 7,900 miles of interstate pipelines, and approximately 2,300 miles of intrastate pipelines. The company was founded in 1882 and is headquartered in Houston, Texas.

Apache Corporation (APA) fell -2.97% during last trading as the stock lost $-1.77 to finish the day at $57.87 with about 2.66M shares changing hands, compared to its three month average trading volume of 3.19M. The $21.99B market cap company, which fluctuated between $57.81 and $59.92 during the day, currently situated 77.15% above its 52 week low of $33.23 and -15.8% away from its one year high of $69. The RSI of 31.91 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Apache Corporation, an independent energy company, explores, develops, and produces natural gas, crude oil, and natural gas liquids. It operates onshore and offshore assets primarily in the Permian Basin, the Anadarko basin in western Oklahoma, the Texas Panhandle, and Gulf Coast areas of the United States, as well as in Western Canada and Gulf of Mexico. The company also operates assets in Egypt and the United Kingdom in the North Sea. As of December 31, 2015, it had total estimated proved reserves of 794 million barrels of crude oil, 198 million barrels of natural gas liquids, and 3.4 trillion cubic feet of natural gas. Apache Corporation was founded in 1954 and is based in Houston, Texas.

Church & Dwight Co., Inc. (CHD) saw its value decrease by -0.79% as the stock dropped $-0.36 to finish the day at a closing price of $45.45. The stock was higher in trading and has fluctuated between $42.42-$53.68 per share for the past year. The shares, which traded within a range of $45.36 to $45.92 during the day, are up by 3.44% in the past three months and down by -8.88% over the past six months. It is currently trading 1.03% above its 20 day moving average and 1.7% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $46.77 a share over the next twelve months. The current relative strength index (RSI) reading is 54.27. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Church & Dwight Co., Inc. develops, manufactures, and markets household, personal care, and specialty products in the United States. It operates through three segments: Consumer Domestic, Consumer International, and Specialty Products Division (SPD). The Consumer Domestic segment offers household products, such as baking soda, carpet and cat litter deodorizers, clumping cat litters, washing soda, fabric softeners, daily shower cleaners, cleaning products, dishwashing detergents and boosters, laundry and cleaning solutions, and bathroom cleaners, as well as powder, liquid, and unit dose laundry detergents; and personal care products comprising toothpastes and oral rinses, home pregnancy and ovulation test kits, deodorants and antiperspirants, toothbrushes, shampoos, dietary supplements, depilatories, lotions, creams, waxes, oral analgesics, nasal saline moisturizers, and feminine hygiene products, as well as condoms, lubricants, and vibrating products. The Consumer International segment sells personal care, household, and over-the-counter products in international markets, such as Canada, France, Australia, China, the United Kingdom, Mexico, and Brazil. The SPD segment offers animal nutrition products, including feed grade sodium bicarbonate, rumen fermentation enhancers, feed grade potassium carbonate, rumen bypass fat and lysine, omega 3 and 6 essential fatty acids, natural sodium sesquicarbonate, and refined functional carbohydrate; and specialty chemicals, such as performance grade sodium bicarbonate, and potassium carbonate and bicarbonate. It also provides specialty cleaners, such as aqueous cleaners and deodorizers for commercial and industrial applications. The company sells its products through supermarkets, mass merchandisers, wholesale clubs, drugstores, convenience stores, home stores, dollar and pet stores, and other specialty stores, as well as through Websites. Church & Dwight Co., Inc. was founded in 1846 and is headquartered in Ewing, New Jersey.

 

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