Enterprise Products Partners L.P. (EPD) failed to extend gains with the stock declining -0.04% or $-0.01 to close the day at $27.84 on light trading volume of 4.32M shares, compared to its three month average trading volume of 5.3M. The Houston Texas 77002 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 29.01%, compared to the industry which has advanced 50.38% over the same period. With RSI of 66.38, the stock should still continue to rise and get closer to its one year target estimate of $32.04, making it a hold for now.
Enterprise Products Partners L.P., a master limited partnership, provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. The company operates through NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services segments. The NGL Pipelines & Services segment provides natural gas processing and related NGL marketing services, as well as NGL export docks and related services. It operates approximately 19,500 miles of NGL pipelines; NGL and related product storage facilities; 15 NGL fractionators; and a liquefied petroleum gas export terminal and NGL import facility. The Crude Oil Pipelines & Services segment operates approximately 5,400 miles of crude oil pipelines and related operations; and crude oil storage and marine terminals located in Oklahoma and Texas, as well as a fleet of 478 tractor-trailer tank trucks used to transport crude oil. It also engages in crude oil marketing activities. The Natural Gas Pipelines & Services segment operates approximately 19,100 miles of natural gas pipeline systems to gather and transport natural gas in Colorado, Louisiana, New Mexico, Texas, and Wyoming. It leases underground salt dome natural gas storage facilities in Texas and Louisiana; owns an underground salt dome storage cavern in Texas; and markets natural gas. The Petrochemical & Refined Products Services segment operates propylene fractionation and related operations, including 674 miles of pipelines; butane isomerization complex, associated deisobutanizer units, and related pipeline assets; and octane enhancement and high purity isobutylene production facilities. It also operates refined products pipelines of approximately 4,200 miles; and terminals, as well as provides refined products marketing and marine transportation services. The company was founded in 1968 and is based in Houston, Texas.
American Airlines Group Inc. (AAL) retreated with the stock falling -2.21% or $-1.06 to close at $46.94 on light trading volume of 4.25M compared its three months average trading volume of 6.4M. The Fort Worth Texas 76155 based company operating under the Major Airlines industry has been trending up for the last 52 weeks, with the shares price now 18.19% up for the period and up by 0.54% so far this year. With price target of $53.73 and a 89.94% rebound from 52-week low, American Airlines Group Inc. has plenty of upside potential, making it a hold with a view buy.
American Airlines Group Inc., through its subsidiaries, operates in the airline industry. As of December 31, 2015, the company operated a mainline fleet of 946 aircraft. It serves 350 destinations in approximately 50 countries. The company was formerly known as AMR Corporation and changed its name to American Airlines Group Inc. in December 2013. American Airlines Group Inc. was founded in 1934 and is headquartered in Fort Worth, Texas.
Southwest Airlines Co. (LUV) failed to extend gains with the stock declining -2.25% or $-1.15 to close the day at $49.94 on lower than average trading volume of 4.18M shares, compared to its three month average trading volume of 6.84M. The Dallas Texas 75235 based company has been outperforming the regional airlines companies by 18.1885% for last three months and its recent gains have pushed the stock slightly up 0.2% YTD, versus the regional airlines industry which is up 1.78% for the same period. The RSI of 48.95 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
Southwest Airlines Co. operates passenger airlines that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2015, it operated 704 Boeing 737 aircraft. The company served 97 destinations in 40 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 7 near-international countries, including Mexico, Jamaica, The Bahamas, Aruba, the Dominican Republic, Costa Rica, and Belize. It also sells frequent flyer points and related services to business partners participating in the Rapid Rewards frequent flyer program, including car rental agencies, hotels, restaurants, and retailers. The company was founded in 1967 and is headquartered in Dallas, Texas.