Stocks Trending Alert: Energy Transfer Equity, L.P. (ETE), American Airlines Group Inc. (AAL), AbbVie Inc. (ABBV)

Energy Transfer Equity, L.P. (ETE) saw its value decrease by -1.24% as the stock dropped $-0.24 to finish the day at a closing price of $19.12. The stock was lighter in trading and has fluctuated between $5.94-$20.05 per share for the past year. The shares, which traded within a range of $19.06 to $19.54 during the day, are up by 15.18% in the past three months and up by 11.9% over the past six months. It is currently trading 3.43% above its 20 day moving average and 4.78% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $19.84 a share over the next twelve months. The current relative strength index (RSI) reading is 57.24.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Energy Transfer Equity, L.P. provides diversified energy-related services in the Unites States. It owns and operates approximately 7,500 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 12,300 miles of interstate natural gas pipelines. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. Its midstream operations include ownership and operation of approximately 35,000 miles of in service natural gas pipelines, 31 natural gas processing plants, 21 natural gas treating facilities, and 4 natural gas conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, and Louisiana; operation of natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas, as well as a natural gas gathering system in Ohio; and transportation and supply of water to natural gas producers in Pennsylvania. The company’s natural gas liquid (NGL) transportation and services operations include ownership of approximately 2,000 miles of NGL pipelines, three NGL processing plants, four NGL and propane fractionation facilities, and NGL storage facilities. It also sells gasoline and middle distillates at retail; operates convenience stores primarily on the east coast and in the Midwest region of the United States; and gathers, purchases, stores, transports, markets, and sells crude oil, NGLs, and refined products. In addition, it provides natural gas compression services; treating services, such as carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates a total of 75 megawatts electrical power. The company was founded in 2002 and is based in Dallas, Texas.

American Airlines Group Inc. (AAL) shares were down in last trading by -1.2% to $46.97. It experienced lighter than average volume on day. The stock increased in value by almost 1.45% over the past week and fell -1.19% in the past month. It is currently trading -0.17% below its 50 day moving average and 21.57% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -7.04% decrease in value from its one year high of $50.64. The RSI indicator value of 52.59, lead us to believe that it is a hold for now.

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.

AbbVie Inc. (ABBV) traded within a range of $60.81 to $61.91 after opening the day at $61.67. The company has seen its stock decrease in value by -0.83% so far this year. The stock was down close to -0.28% on light volume in last trading session and closed at $61.48 per share. After the recent fall, the stock is currently holding -8% below its 52 week high of $68.12 and 21.05% above its 12-month low of $53.74. The shares are down by over -1.22% in the last three months, and the RSI indicator value of 54.64 is neither bullish nor bearish, tempting investors to stay on the sidelines.

AbbVie Inc. discovers, develops, manufactures, and sells pharmaceutical products worldwide. The company offers HUMIRA, a biologic therapy administered as a subcutaneous injection to treat autoimmune diseases; IMBRUVICA, an oral therapy for the treatment of chronic lymphocytic leukemia; and VIEKIRA PAK, an interferon-free therapy, with or without ribavirin, for adults with genotype 1 chronic hepatitis. It also provides Kaletra, an anti-HIV-1 medicine used with other anti-HIV-1 medications as a treatment that maintains viral suppression in HIV-1 patients; Norvir, a protease inhibitor indicated in combination with other antiretroviral agents to treat HIV-1; and Synagis to prevent respiratory syncytial virus infection in high risk infants. In addition, the company offers AndroGel, a testosterone replacement therapy for males diagnosed with symptomatic low testosterone; Creon, a pancreatic enzyme therapy for exocrine pancreatic insufficiency; Synthroid to treat hypothyroidism; and Lupron, a product for the palliative treatment of prostate cancer, and endometriosis and central precocious puberty, as well as for the treatment of patients with anemia. Further, it provides Duopa and Duodopa, a levodopa-carbidopa intestinal gel to treat Parkinson’s disease; Sevoflurane, an anesthesia product for human use; TriCor, Trilipix, and Niaspan to treat metabolic conditions characterized by high cholesterol and/or high triglycerides; and Zemplar to treat secondary hyperparathyroidism. The company sells its products to wholesalers, distributors, government agencies, health care facilities, specialty pharmacies, and independent retailers from its distribution centers and public warehouses. AbbVie Inc. has strategic collaboration with C2N Diagnostics; Calico Life Sciences LLC; Infinity Pharmaceuticals, Inc.; Ablynx NV; Galapagos NV; Alvine Pharmaceuticals, Inc.; and Zebra Biologics Inc. The company was incorporated in 2012 and is based in North Chicago, Illinois.

 

Stocks In Queue: Energy Transfer Equity, L.P. (ETE), TechnipFMC plc (FTI), Newmont Mining Corporation (NEM)

Energy Transfer Equity, L.P. (ETE) fell -1.62% during last trading as the stock lost $-0.31 to finish the day at $18.84 with about 5.3M shares changing hands, compared to its three month average trading volume of 6.98M. The $20.05B market cap company, which fluctuated between $18.83 and $19.37 during the day, currently situated 341.08% above its 52 week low of $5.67 and -4.57% away from its one year high of $20.05. The RSI of 56.51 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Energy Transfer Equity, L.P. provides diversified energy-related services in the Unites States. It owns and operates approximately 7,500 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 12,300 miles of interstate natural gas pipelines. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. Its midstream operations include ownership and operation of approximately 35,000 miles of in service natural gas pipelines, 31 natural gas processing plants, 21 natural gas treating facilities, and 4 natural gas conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, and Louisiana; operation of natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas, as well as a natural gas gathering system in Ohio; and transportation and supply of water to natural gas producers in Pennsylvania. The company’s natural gas liquid (NGL) transportation and services operations include ownership of approximately 2,000 miles of NGL pipelines, three NGL processing plants, four NGL and propane fractionation facilities, and NGL storage facilities. It also sells gasoline and middle distillates at retail; operates convenience stores primarily on the east coast and in the Midwest region of the United States; and gathers, purchases, stores, transports, markets, and sells crude oil, NGLs, and refined products. In addition, it provides natural gas compression services; treating services, such as carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates a total of 75 megawatts electrical power. The company was founded in 2002 and is based in Dallas, Texas.

TechnipFMC plc (FTI) gained $0.51 to close the day at a new closing price of $31.76, a 1.63% increase in value from its previous closing price that moved the stock 42.42% above its 52 week low of $23.04. A total of 5.28M shares exchanged hands during the day compared with its three month average trading volume of 5.33M. The stock, which fluctuated between $31.18 and $31.78 during the day, currently situated -14.37% below its 52 week high. The stock is down by -13.39% in the past one month and down by -5.25% over the past three months. With a one year target estimate of $38.64 and RSI of 34.51, the stock still has upside potential, making it a hold for now.

TechnipFMC plc provides technologies, systems, and services for oil and gas projects worldwide. It operates in three segments: Subsea, Onshore/Offshore, and Surface Projects. The Subsea segment offers products, such as trees, manifolds, controls, templates, flowline systems, umbilicals, and flexibles, as well as subsea processing products. This segment also provides subsea services, including drilling, installation, completion, and field services, as well as asset management, well intervention and IMR, ROVs, and manipulator system services; and services for subsea projects comprising front end to decommissioning, field architecture, integrated design, engineering, procurement, construction, and installation services. The Onshore/Offshore segment offers technical, technological, and project management services across fixed, floating, and onshore facilities, as well as offshore services. The Surface Projects segment provides drilling, completion, and production wellhead equipment, as well as chokes, compact valves, manifolds, and controls; treating iron, manifolds, and reciprocating pumps for stimulation and cementing; separation and flow-treatment systems; flow metering products and systems; marine, truck, and railcar loading systems; installation maintenance services; frac-stack, manifold rental, and operation services; and flowback and well testing services. The company is headquartered in London, the United Kingdom.

Newmont Mining Corporation (NEM) had a light trading with around 5.17M shares changing hands compared to its three month average trading volume of 8.01M. The stock traded between $36.75 and $37.72 before closing at the price of $37.65 with 1.21% change on the day. The Greenwood Village Colorado 80111 based company is currently trading 66.48% above its 52 week low of $23.12 and -18.1% below its 52 week high of $46.07. Both the RSI indicator and target price of 61.95 and $39.88 respectively, lead us to believe that it should be put on hold over the coming weeks.

Newmont Mining Corporation, together with its subsidiaries, operates in the mining industry. The company primarily acquires, develops, explores for, and produces gold. It also explores for silver and copper properties. The company’s operations and/or assets are located in the United States, Australia, Peru, Indonesia, Ghana, and Suriname. As of December 31, 2015, it had proven and probable gold reserves of 73.7 million ounces and an aggregate land position of approximately 20,000 square miles. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.

 

Stocks In Action: Energy Transfer Equity, L.P. (ETE), Philip Morris International Inc. (PM), Corning Incorporated (GLW)

Energy Transfer Equity, L.P. (ETE) traded within a range of $18.44 to $19.27 after opening the day at $19.05. The company has seen its stock increase in value by 1.25% so far this year. The stock was up close to 1.05% on light volume in last trading session and closed at $19.25 per share. After the recent gain, the stock is currently holding -2.49% below its 52 week high of $20.05 and 419.41% above its 12-month low of $4.81. The shares are up by over 38.96% in the last three months, and the RSI indicator value of 61.62 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Energy Transfer Equity, L.P. provides diversified energy-related services in the Unites States. It owns and operates approximately 7,500 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 12,300 miles of interstate natural gas pipelines. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. Its midstream operations include ownership and operation of approximately 35,000 miles of in service natural gas pipelines, 31 natural gas processing plants, 21 natural gas treating facilities, and 4 natural gas conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, and Louisiana; operation of natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas, as well as a natural gas gathering system in Ohio; and transportation and supply of water to natural gas producers in Pennsylvania. The company’s natural gas liquid (NGL) transportation and services operations include ownership of approximately 2,000 miles of NGL pipelines, three NGL processing plants, four NGL and propane fractionation facilities, and NGL storage facilities. It also sells gasoline and middle distillates at retail; operates convenience stores primarily on the east coast and in the Midwest region of the United States; and gathers, purchases, stores, transports, markets, and sells crude oil, NGLs, and refined products. In addition, it provides natural gas compression services; treating services, such as carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates a total of 75 megawatts electrical power. The company was founded in 2002 and is based in Dallas, Texas.

Philip Morris International Inc. (PM) continued its upward trend with the stock climbing 0.98% or $1 to close the day at $102.63 on light trading volume of 4.88M shares, compared to its three month average trading volume of 5.22M. The New York New York 10017 based company has been outperforming the cigarettes group over the past 52 weeks, with the stock gaining 18.93%, compared to the industry which has advanced 9.77% over the same period. With RSI of 81.39, the stock should still continue to rise and get closer to its one year target estimate of $100.88, making it a hold for now.

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes, other tobacco products, and other nicotine-containing products. Its portfolio of brands comprises Marlboro, Merit, Parliament, Virginia S., L&M, Philip Morris, Bond Street, Chesterfield, Lark, Muratti, Next, and Red & White. The company also owns various cigarette brands, such as Dji Sam Soe, Sampoerna, and U Mild in Indonesia; Champion, Fortune, and Hope in the Philippines; Apollo-Soyuz and Optima in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics, and Number 7 in Canada; Best in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece; and Petra in the Czech Republic and Slovakia. It markets and sells its products in approximately 180 countries in the European Union, Eastern Europe, the Middle East, Africa, Asia, Latin America, and Canada. Philip Morris International Inc. was incorporated in 1987 and is based in New York, New York.

Corning Incorporated (GLW) dropped $-0.11 to close the day at a new closing price of $26.48, a -0.41% decrease in value from its previous closing price that moved the stock 54.29% above its 52 week low of $17.61. A total of 4.85M shares exchanged hands during the day compared with its three month average trading volume of 7.3M. The stock, which fluctuated between $26.46 and $26.62 during the day, currently situated -1.89% below its 52 week high. The stock is up by 8.21% in the past one month and up by 15.9% over the past three months. With a one year target estimate of $26.5 and RSI of 62.57, the stock still has upside potential, making it a hold for now.

Corning Incorporated manufactures and sells specialty glasses, ceramics, and related materials worldwide. The company operates through five segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, and Life Sciences. The Display Technologies segment manufactures glass substrates for liquid crystal displays (LCDs) used in LCD televisions, notebook computers, and flat panel desktop monitors. The Optical Communications segment manufactures optical fiber and cable; and hardware and equipment products comprising cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories. This segment also offers subscriber demarcation, connection and protection devices, passive solutions, and outside plant enclosures; and coaxial RF interconnects for the cable television industry and microwave applications. The Environmental Technologies segment manufactures ceramic substrates and filter products for emissions control in mobile and stationary, and gasoline and diesel applications. The Specialty Materials segment manufactures products that provide approximately 150 material formulations for glass, glass ceramics, and fluoride crystals. The Life Sciences segment manufactures and supplies scientific laboratory products consisting of consumables, such as plastic vessels, specialty surfaces, and media, as well as general labware and equipment for cell culture research, bioprocessing, genomics, drug discovery, microbiology, and chemistry. It also engages in a pharmaceutical glass vessel and a tubing business; and precision materials’ non-LCD business, as well as precision laser cutting/shaping technologies, and flow reactors and adjacency businesses for glass. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.

 

Traders Watch list: Energy Transfer Equity, L.P. (ETE), Yahoo! Inc. (YHOO), Huntington Bancshares Incorporated (HBAN)

Energy Transfer Equity, L.P. (ETE) saw its value decrease by -2.68% as the stock dropped $-0.51 to finish the day at a closing price of $18.54. The stock was higher in trading and has fluctuated between $4.17-$20.05 per share for the past year. The shares, which traded within a range of $18.42 to $19.2 during the day, are up by 34.4% in the past three months and up by 16.32% over the past six months. It is currently trading 1.44% above its 20 day moving average and 3.75% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $19.84 a share over the next twelve months. The current relative strength index (RSI) reading is 55.43.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Energy Transfer Equity, L.P. provides diversified energy-related services in the Unites States. It owns and operates approximately 7,500 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 12,300 miles of interstate natural gas pipelines. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. Its midstream operations include ownership and operation of approximately 35,000 miles of in service natural gas pipelines, 31 natural gas processing plants, 21 natural gas treating facilities, and 4 natural gas conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, and Louisiana; operation of natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas, as well as a natural gas gathering system in Ohio; and transportation and supply of water to natural gas producers in Pennsylvania. The company’s natural gas liquid (NGL) transportation and services operations include ownership of approximately 2,000 miles of NGL pipelines, three NGL processing plants, four NGL and propane fractionation facilities, and NGL storage facilities. It also sells gasoline and middle distillates at retail; operates convenience stores primarily on the east coast and in the Midwest region of the United States; and gathers, purchases, stores, transports, markets, and sells crude oil, NGLs, and refined products. In addition, it provides natural gas compression services; treating services, such as carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates a total of 75 megawatts electrical power. The company was founded in 2002 and is based in Dallas, Texas.

Yahoo! Inc. (YHOO) shares were up in last trading by 1.62% to $44.42. It experienced lighter than average volume on day. The stock increased in value by almost 1.12% over the past week and grew 7.45% in the past month. It is currently trading 7.83% above its 50 day moving average and 10.56% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -1.46% decrease in value from its one year high of $45.08. The RSI indicator value of 66.8, lead us to believe that it is a hold for now.

Yahoo! Inc., together with its subsidiaries, provides search and display advertising services on Yahoo properties and affiliate sites worldwide. The company offers Yahoo Search that serves as a guide for users to discover information on the Internet; Yahoo Mail, which connects users to the people and content; and Yahoo Messenger, an instant messaging service, which enables users to connect, communicate, and share experiences in real-time. It also provides digital content products, including Yahoo News, which gives users to discover, consume, and engage around the news, content, and video; Yahoo Sports, which serves audiences of sports enthusiasts; Yahoo Finance that offers a range of financial data, information, and tools; Yahoo Lifestyle to engage users passionate about style and fashion; and Tumblr, which provides a Web platform and mobile applications on iOS and android to create, share, and curate content, as well as Tumblr messaging that enables users to engage with other users that share their same interests and passions. In addition, the company provides advertiser products, such as Yahoo Gemini, a marketplace for search and native advertising; and BrightRoll, which offers a suite of media-agnostic tools to enable advertisers, publishers, and partners connect with users across ad formats and devices. Further, it offers advertising formats; and digital advertising products, such as Yahoo native, Yahoo video, Yahoo premium, and Yahoo audience ads. Additionally, the company offers Yahoo Mobile Developer suite consisting of Flurry Analytics, Yahoo App Publishing, Yahoo App Marketing, and Tumblr In-App Sharing tools to measure, monetize, advertise, and improve their apps. Yahoo! Inc. was founded in 1994 and is headquartered in Sunnyvale, California.

Huntington Bancshares Incorporated (HBAN) traded within a range of $13.4 to $13.62 after opening the day at $13.47. The company has seen its stock increase in value by 2.34% so far this year. The stock was down close to -0.59% on light volume in last trading session and closed at $13.53 per share. After the recent fall, the stock is currently holding -4.52% below its 52 week high of $14.17 and 75% above its 12-month low of $7.95. The shares are up by over 32.8% in the last three months, and the RSI indicator value of 52.77 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Huntington Bancshares Incorporated operates as a holding company for The Huntington National Bank that provides commercial, small business, consumer, and mortgage banking services. The company’s Retail and Business Banking segment offers financial products and services, including checking accounts, savings accounts, money market accounts, certificates of deposit, consumer loans, and small business loans; and investments, insurance, interest rate risk protection, and foreign exchange and treasury management services. Its Commercial Banking segment provides corporate risk management and institutional sales, trading, and underwriting services; commercial property and casualty, employee benefits, personal lines, life and disability, and specialty lines of insurance; and brokerage and agency services for residential and commercial title insurance, as well as excess and surplus product lines of insurance. The company’s Automobile Finance and Commercial Real Estate segment offers financing for the purchase of vehicles; financing the acquisition of new and used vehicle inventory of franchised automotive dealerships; and financing for land, buildings, and other commercial real estate owned or constructed by real estate developers, automobile dealerships, or other customers. Its Regional Banking and The Huntington Private Client Group segment provides deposits, lending, and other banking services; wealth management services, and retirement plan and corporate trust services; and brokerage, annuities, advisory, and other investment products. The company’s Home Lending segment offers consumer loans and mortgages. Huntington Bancshares Incorporated also provides equipment leasing; and online, mobile, and telephone banking services. The company was founded in 1866 and is headquartered in Columbus, Ohio.

 

Stocks in the Spotlight: National Oilwell Varco, Inc. (NOV), WEC Energy Group, Inc. (WEC), Energy Transfer Equity, L.P. (ETE)

National Oilwell Varco, Inc. (NOV) had a light trading with around 3.44M shares changing hands compared to its three month average trading volume of 3.56M. The stock traded between $37.54 and $38.69 before closing at the price of $37.8 with -1.95% change on the day. The Houston Texas 77036 based company is currently trading 49.68% above its 52 week low of $25.74 and -13.36% below its 52 week high of $43.63. Both the RSI indicator and target price of 46.85 and $35.07 respectively, lead us to believe that it should be put on hold over the coming weeks.

National Oilwell Varco, Inc. designs, manufactures, and sells equipment and components used in oil and gas drilling, completion, and production operations; and provides oilfield services to the upstream oil and gas industry worldwide. It operates through four segments: Rig Systems, Rig Aftermarket, Wellbore Technologies, and Completion & Production Solutions. The Rig Systems segment offers land rigs; offshore drilling equipment packages; and drilling rig components. This segment provides substructures, derricks, and masts; cranes; pipe lifting, racking, rotating, and assembly systems; fluid transfer technologies, such as mud pumps; pressure control equipment; power transmission systems; and rig instrumentation and control systems. The Rig Aftermarket segment offers spare parts; and repair and rental services, as well as technical support, field and first well support, field engineering, and customer training services. The Wellbore Technologies segment designs, manufactures, rents, and sells various equipment and technologies. This segment also provides solids control and waste management equipment and services, drilling fluids, power generation equipment, drill and wired pipes, instruments, measuring and monitoring equipment, downhole and fishing tools, hole openers, and drill bits, as well as drilling optimization and automation, tubular inspection, repair and coating, and rope access inspection services. The Completion and Production Solutions segment offers pressure pumping trucks and pumps, blenders, sanders, hydration units, injection units, flowlines, manifolds, and wellheads; well intervention tools; offshore production comprising composite pipes, process equipment, floating production systems, and subsea production technologies; and onshore production, including surface transfer and progressive cavity pumps, reciprocating pumps, pressure vessels, and artificial lift systems. The company was founded in 1862 and is headquartered in Houston, Texas.

WEC Energy Group, Inc. (WEC) managed to rebound with the stock climbing 0.17% or $0.1 to close the day at $57.32 on active trading volume of 3.43M shares, compared to its three month average trading volume of 1.69M. The Milwaukee Wisconsin 53203 based company has been outperforming the electric utilities group over the past 52 weeks, with the stock gaining 4.61%, compared to the industry which has advanced 6.81% over the same period. With RSI of 43.24, the stock should still continue to rise and get closer to its one year target estimate of $61.32, making it a hold for now.

WEC Energy Group, Inc., through its subsidiaries, generates and distributes electric energy. The company operates through Wisconsin, Illinois, Other States, electric transmission, and We Power, Corporate and Other segments. It generates electricity from coal, natural gas, oil, hydroelectric, wind, and biomass. The company provides electric utility services to customers in the mining, paper, foundry, food products, and machinery production industries, as well as to health services, governmental, and large retail chains. It also provides retail natural gas distribution services in the state of Wisconsin, as well as transports customer-owned natural gas; and generates, distributes, and sells steam. The company serves approximately 1.6 million electric customers and 2.8 million natural gas customers. In addition, it invests in and develops real estate, including business parks and other commercial real estate projects primarily in southeastern Wisconsin. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was founded in 1981 and is headquartered in Milwaukee, Wisconsin.

Energy Transfer Equity, L.P. (ETE) shares were up in last trading by 2.32% to $18.51. It experienced lighter than average volume on day. The stock decreased in value by almost -2.37% over the past week and fell -3.44% in the past month. It is currently trading 2.28% above its 50 day moving average and 18.33% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -7.68% decrease in value from its one year high of $20.05. The RSI indicator value of 52.88, lead us to believe that it is a hold for now.

Energy Transfer Equity, L.P. provides diversified energy-related services in the Unites States. It owns and operates approximately 7,500 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 12,300 miles of interstate natural gas pipelines. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. Its midstream operations include ownership and operation of approximately 35,000 miles of in service natural gas pipelines, 31 natural gas processing plants, 21 natural gas treating facilities, and 4 natural gas conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, and Louisiana; operation of natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas, as well as a natural gas gathering system in Ohio; and transportation and supply of water to natural gas producers in Pennsylvania. The company’s natural gas liquid (NGL) transportation and services operations include ownership of approximately 2,000 miles of NGL pipelines, three NGL processing plants, four NGL and propane fractionation facilities, and NGL storage facilities. It also sells gasoline and middle distillates at retail; operates convenience stores primarily on the east coast and in the Midwest region of the United States; and gathers, purchases, stores, transports, markets, and sells crude oil, NGLs, and refined products. In addition, it provides natural gas compression services; treating services, such as carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates a total of 75 megawatts electrical power. The company was founded in 2002 and is based in Dallas, Texas.

 

Traders Recap: Energy Transfer Equity, L.P. (ETE), V.F. Corporation (VFC), Norwegian Cruise Line Holdings Ltd. (NCLH)

Energy Transfer Equity, L.P. (ETE) continued its downward trend with the stock declining -0.39% or $-0.07 to close the day at $17.95 on lower than average trading volume of 5.38M shares, compared to its three month average trading volume of 7.04M. The Dallas Texas 75225 based company has been outperforming the oil & gas pipelines companies by 21.2419% for last three months and its recent gains have offset losses to -7.04% YTD, versus the oil & gas pipelines industry which is up 2.56% for the same period. The RSI of 43.39 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Energy Transfer Equity, L.P. provides diversified energy-related services in the Unites States. It owns and operates approximately 7,500 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 12,300 miles of interstate natural gas pipelines. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. Its midstream operations include ownership and operation of approximately 35,000 miles of in service natural gas pipelines, 31 natural gas processing plants, 21 natural gas treating facilities, and 4 natural gas conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, and Louisiana; operation of natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas, as well as a natural gas gathering system in Ohio; and transportation and supply of water to natural gas producers in Pennsylvania. The company’s natural gas liquid (NGL) transportation and services operations include ownership of approximately 2,000 miles of NGL pipelines, three NGL processing plants, four NGL and propane fractionation facilities, and NGL storage facilities. It also sells gasoline and middle distillates at retail; operates convenience stores primarily on the east coast and in the Midwest region of the United States; and gathers, purchases, stores, transports, markets, and sells crude oil, NGLs, and refined products. In addition, it provides natural gas compression services; treating services, such as carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates a total of 75 megawatts electrical power. The company was founded in 2002 and is based in Dallas, Texas.

V.F. Corporation (VFC) had a active trading with around 6.36M shares changing hands compared to its three month average trading volume of 3.12M. The stock traded between $49.65 and $51.5 before closing at the price of $51.48 with 0.25% change on the day. The Greensboro North Carolina 27408 based company is currently trading 2.2% above its 52 week low of $49.65 and -21.54% below its 52 week high of $67.1. Both the RSI indicator and target price of 42.94 and $58.79 respectively, lead us to believe that it should be put on hold over the coming weeks.

V.F. Corporation engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products in the United States and Europe. The company primarily offers outdoor apparel, footwear and equipment, youth culture/action sports-inspired footwear, handbags, luggage, backpacks, totes, accessories, surfing-inspired footwear, merino wool socks, women’s activewear, and travel accessories under the The North Face, Vans, Timberland, Kipling, Napapijri, Jansport, Reef, Smartwool, Eastpak, lucy, and Eagle Creek brands. It also provides denim, casual apparel, footwear, and accessories under the Wrangler, Lee, Lee Casuals, Riders by Lee, Rustler, Timber Creek by Wrangler, and Rock & Republic brands. In addition, the company offers occupational, protective occupational, athletic, licensed athletic, and licensed apparel products under the Red Kap, Bulwark, Horace Small, Majestic, MLB, NFL, and Harley-Davidson brands; sportswear apparel, luggage, and accessories under the Nautica brand; and handbags, luggage, backpacks, totes, and accessories under the Kipling brand. Further, it provides premium denim apparel, footwear, and accessories under the 7 For All Mankind, Splendid, and Ella Moss brands. The company sells its products primarily to specialty stores, department stores, national chains, and mass merchants, as well as sells through company operated stores, concession retail stores, and e-commerce sites. V.F. Corporation was founded in 1899 and is headquartered in Greensboro, North Carolina.

Norwegian Cruise Line Holdings Ltd. (NCLH) traded within a range of $46.83 to $48.11 after opening the day at $47.88. The company has seen its stock increase in value by 10.51% so far this year. The stock was down close to -2.14% on active volume in last trading session and closed at $47 per share. After the recent fall, the stock is currently holding -15.45% below its 52 week high of $55.59 and 37.59% above its 12-month low of $34.16. The shares are up by over 22.91% in the last three months, and the RSI indicator value of 59.46 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Norwegian Cruise Line Holdings Ltd. operates as a cruise line company that offers various itineraries. It provides cruises ranging from 1 day to 180 days itineraries to approximately 510 destinations worldwide. The company offers its products through independent travel agents, wholesalers, and tour operators. It operates 24 ships under the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands with approximately 46,500 Berths. The company was founded in 1966 and is headquartered in Miami, Florida.

 

Stocks To Track: Energy Transfer Equity, L.P. (ETE), Raytheon Company (RTN), Lam Research Corporation (LRCX)

Energy Transfer Equity, L.P. (ETE) fell -2.11% during last trading as the stock lost $-0.4 to finish the day at $18.56 with about 3.71M shares changing hands, compared to its three month average trading volume of 6.73M. The $19.43B market cap company, which fluctuated between $18.3 and $18.95 during the day, currently situated 393.08% above its 52 week low of $4 and -7.43% away from its one year high of $20.05. The RSI of 51.81 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Energy Transfer Equity, L.P. provides diversified energy-related services in the Unites States. It owns and operates approximately 7,500 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 12,300 miles of interstate natural gas pipelines. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. Its midstream operations include ownership and operation of approximately 35,000 miles of in service natural gas pipelines, 31 natural gas processing plants, 21 natural gas treating facilities, and 4 natural gas conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, and Louisiana; operation of natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas, as well as a natural gas gathering system in Ohio; and transportation and supply of water to natural gas producers in Pennsylvania. The company’s natural gas liquid (NGL) transportation and services operations include ownership of approximately 2,000 miles of NGL pipelines, three NGL processing plants, four NGL and propane fractionation facilities, and NGL storage facilities. It also sells gasoline and middle distillates at retail; operates convenience stores primarily on the east coast and in the Midwest region of the United States; and gathers, purchases, stores, transports, markets, and sells crude oil, NGLs, and refined products. In addition, it provides natural gas compression services; treating services, such as carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates a total of 75 megawatts electrical power. The company was founded in 2002 and is based in Dallas, Texas.

Raytheon Company (RTN) gained $2.98 to close the day at a new closing price of $145.88, a 2.09% increase in value from its previous closing price that moved the stock 26.58% above its 52 week low of $119.38. A total of 3.7M shares exchanged hands during the day compared with its three month average trading volume of 2.02M. The stock, which fluctuated between $143.25 and $149.3 during the day, currently situated -3.9% below its 52 week high. The stock is up by 2.48% in the past one month and up by 3.79% over the past three months. With a one year target estimate of $165 and RSI of 49.54, the stock still has upside potential, making it a hold for now.

Raytheon Company develops technologically integrated products, services, and solutions worldwide. It operates in five segments: Integrated Defense Systems (IDS); Intelligence, Information, and Services (IIS); Missile Systems (MS); Space and Airborne Systems (SAS); and Forcepoint. The IDS segment provides integrated air and missile defense; land and sea-based radar solutions; command, control, communications, computers, cyber, and intelligence solutions; and naval combat and ship electronic systems. The IIS segment offers a range of technical and professional services, such as intelligence, surveillance and reconnaissance, navigation, DoD space and weather, cybersecurity, analytics, training, logistics, mission support, engineering, and automation and sustainment solutions; and air traffic management systems. The MS segment develops and supports a range of weapon systems, including missiles, smart munitions, close-in weapon systems, projectiles, kinetic kill vehicles, directed energy effectors, and combat sensor solutions. The SAS segment provides electro-optical/infrared sensors, airborne radars for surveillance and fire control applications, lasers, precision guidance systems, signals intelligence systems, processors, electronic warfare systems, communication systems, and space-qualified systems for civil and military applications. The Forcepoint segment provides information technology security products and related services to protect from cyber-threats, advanced malware attacks, information leaks, and legal liability and productivity loss. Raytheon Company serves the U.S. Department of Defense (DoD), the U.S. Intelligence Community, the U.S. Armed Forces, the Federal Aviation Administration, the National Oceanic and Atmospheric Administration, Department of Homeland Security, the National Aeronautics and Space Administration, and other international customers. The company was founded in 1922 and is headquartered in Waltham, Massachusetts.

Lam Research Corporation (LRCX) had a active trading with around 3.59M shares changing hands compared to its three month average trading volume of 1.96M. The stock traded between $115.35 and $119.14 before closing at the price of $118.24 with 3.42% change on the day. The Fremont California 94538 based company is currently trading 90.27% above its 52 week low of $63.1 and 0.88% above its 52 week high of $119.14. Both the RSI indicator and target price of 68.76 and $131.89 respectively, lead us to believe that it should be put on hold over the coming weeks.

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing systems used in the fabrication of integrated circuits. It provides thin film deposition products, including SABRE electrochemical deposition products for copper damascene manufacturing; ALTUS systems to deposit conformal atomic layer films for tungsten metallization applications; VECTOR plasma-enhanced chemical vapor deposition (CVD) and atomic layer deposition systems to deposit oxides, nitrides, carbides, multiple patterning films, anti-reflective layers, multi-layer stack films, and diffusion barriers; SPEED high-density plasma CVD products for applications in shallow trench isolation, pre-metal dielectrics, inter-layer dielectrics, inter-metal dielectrics, and passivation layers; and SOLA ultraviolet thermal processing products for the treatment of back-end-of-line low-k dielectric films and front-end-of-line silicon nitride strained films. The company also offers plasma etch products, such as Kiyo products that provide solutions for conductor etch applications; Flex products, which offer technologies and application-focused capabilities for dielectric etch applications; and Syndion products that provide solutions to address various through-silicon via etch applications. In addition, it provides single-wafer clean products, including EOS, Da Vinci, DV-Prime, and SP series products for wet etch and clean applications in wafer-level packaging, including silicon substrate thinning, wafer stress relief, underbump metallization etch, and photoresist removal; and Coronus plasma-based bevel clean products to enhance die yield by removing particles, residues, and unwanted films from the wafer’s edge, as well as legacy products. The company offers its products in the United States, Europe, Taiwan, Korea, Japan, China, and Southeast Asia. Lam Research Corporation was founded in 1980 and is headquartered in Fremont, California.

 

Stocks Under Review: Energy Transfer Equity, L.P. (ETE), Mondelez International, Inc. (MDLZ), NIKE, Inc. (NKE)

Energy Transfer Equity, L.P. (ETE) continued its upward trend with the stock climbing 1.61% or $0.3 to close the day at $18.92 on active trading volume of 6.8M shares, compared to its three month average trading volume of 6.68M. The Dallas Texas 75225 based company has been outperforming the oil & gas pipelines group over the past 52 weeks, with the stock gaining 110.72%, compared to the industry which has advanced 57.84% over the same period. With RSI of 55.2, the stock should still continue to rise and get closer to its one year target estimate of $19.84, making it a hold for now.

Energy Transfer Equity, L.P. provides diversified energy-related services in the Unites States. It owns and operates approximately 7,500 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 12,300 miles of interstate natural gas pipelines. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. Its midstream operations include ownership and operation of approximately 35,000 miles of in service natural gas pipelines, 31 natural gas processing plants, 21 natural gas treating facilities, and 4 natural gas conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, and Louisiana; operation of natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas, as well as a natural gas gathering system in Ohio; and transportation and supply of water to natural gas producers in Pennsylvania. The company’s natural gas liquid (NGL) transportation and services operations include ownership of approximately 2,000 miles of NGL pipelines, three NGL processing plants, four NGL and propane fractionation facilities, and NGL storage facilities. It also sells gasoline and middle distillates at retail; operates convenience stores primarily on the east coast and in the Midwest region of the United States; and gathers, purchases, stores, transports, markets, and sells crude oil, NGLs, and refined products. In addition, it provides natural gas compression services; treating services, such as carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates a total of 75 megawatts electrical power. The company was founded in 2002 and is based in Dallas, Texas.

Mondelez International, Inc. (MDLZ) grew with the stock adding 0.36% or $0.16 to close at $45.09 on light trading volume of 6.78M compared its three months average trading volume of 8.93M. The Deerfield Illinois 60015 based company operating under the Confectioners industry has been trending up for the last 52 weeks, with the shares price now 10.92% up for the period and up by 1.71% so far this year. With price target of $49.51 and a 27.83% rebound from 52-week low, Mondelez International, Inc. has plenty of upside potential, making it a hold with a view buy.

Mondelez International, Inc., through its subsidiaries, manufactures and markets snack food and beverage products worldwide. The company offers biscuits, including cookies, crackers, and salted snacks; chocolates, and gums and candies; powdered beverages and coffee; and cheese and grocery products. Its primary brand portfolio includes LU, Nabisco and Oreo biscuits; Cadbury, Cadbury Dairy Milk, and Milka chocolates; Trident gum; Jacobs Kaffee; and Tang powdered beverages. Mondelez International, Inc. sells its products to supermarket chains, wholesalers, supercenters, club stores, mass merchandisers, distributors, convenience stores, gasoline stations, drug stores, value stores, and other retail food outlets through direct store delivery, company owned and satellite warehouses, distribution centers, and other facilities, as well as through independent sales offices and agents. The company was formerly known as Kraft Foods Inc. and changed its name to Mondelez International, Inc. in October 2012. Mondelez International, Inc. was founded in 2000 and is based in Deerfield, Illinois.

NIKE, Inc. (NKE) continued its upward trend with the stock climbing 0.77% or $0.41 to close the day at $53.86 on lower than average trading volume of 6.66M shares, compared to its three month average trading volume of 9.3M. The Beaverton Oregon 97005 based company has been outperforming the textile – apparel footwear & accessories companies by 4.1608% for last three months and its recent gains have pushed the stock slightly up 5.96% YTD, versus the textile – apparel footwear & accessories industry which is up 4.92% for the same period. The RSI of 61.09 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. It offers products in nine categories, including running, NIKE basketball, the Jordan brand, football, men’s training, women’s training, action sports, sportswear, and golf. The company also markets products designed for kids, as well as for other athletic and recreational uses, such as cricket, lacrosse, tennis, volleyball, wrestling, walking, and outdoor activities. In addition, it sells sports apparel; and markets apparel with licensed college and professional team and league logos. Further, the company sells a line of performance equipment, including bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, golf clubs, and other equipment under the NIKE brand name for sports activities; various plastic products to other manufacturers; athletic and casual footwear, apparel, and accessories under the Jumpman trademark; action sports and youth lifestyle apparel and accessories under the Hurley trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. Additionally, it licenses agreements that permit unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. The company sells its products to footwear stores, sporting goods stores, athletic specialty stores, department stores, skate, tennis and golf shops, and other retail accounts through NIKE-owned retail stores and Internet Websites (direct to consumer operations), as well as independent distributors and licensees. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.

 

Three Movers to Watch for: Macy’s, Inc. (M), Energy Transfer Equity, L.P. (ETE), Aramark (ARMK)

Macy’s, Inc. (M) grew with the stock adding 1.18% or $0.35 to close at $29.98 on light trading volume of 5.04M compared its three months average trading volume of 6.98M. The Cincinnati Ohio 45202 based company operating under the Department Stores industry has been trending down for the last 52 weeks, with the shares price now -20.67% down for the period and down by -16.28% so far this year. With price target of $36.7 and a 5.01% rebound from 52-week low, Macy’s, Inc. has plenty of upside potential, making it a hold with a view buy.

Macy’s, Inc., together with its subsidiaries, operates stores, Websites, and mobile applications. Its stores and Websites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. The company also operates stores that offer a range of women’s, men’s, and children’s apparel; shoes; fashion accessories; housewares; home textiles; intimate apparel; and jewelry. As of January 4, 2017, it operated approximately 880 stores in the United States, the District of Columbia, Guam, and Puerto Rico under the Macy’s, Bloomingdale’s, Bloomingdale’s Outlet, Macy’s Backstage, and Bluemercury brands, as well as Websites, including macys.com, bloomingdales.com, and bluemercury.com. In addition, it operates as a beauty products and spa retailer. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy’s, Inc. in June 2007. Macy’s, Inc. was founded in 1830 and is based in Cincinnati, Ohio.

Energy Transfer Equity, L.P. (ETE) gained $0.37 to close the day at a new closing price of $18.62, a 2.03% increase in value from its previous closing price that moved the stock 394.68% above its 52 week low of $4. A total of 5.03M shares exchanged hands during the day compared with its three month average trading volume of 6.69M. The stock, which fluctuated between $18.42 and $18.99 during the day, currently situated -7.13% below its 52 week high. The stock is down by -0.75% in the past one month and up by 15.17% over the past three months. With a one year target estimate of $19.84 and RSI of 51.21, the stock still has upside potential, making it a hold for now.

Energy Transfer Equity, L.P. provides diversified energy-related services in the Unites States. It owns and operates approximately 7,500 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 12,300 miles of interstate natural gas pipelines. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. Its midstream operations include ownership and operation of approximately 35,000 miles of in service natural gas pipelines, 31 natural gas processing plants, 21 natural gas treating facilities, and 4 natural gas conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, and Louisiana; operation of natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas, as well as a natural gas gathering system in Ohio; and transportation and supply of water to natural gas producers in Pennsylvania. The company’s natural gas liquid (NGL) transportation and services operations include ownership of approximately 2,000 miles of NGL pipelines, three NGL processing plants, four NGL and propane fractionation facilities, and NGL storage facilities. It also sells gasoline and middle distillates at retail; operates convenience stores primarily on the east coast and in the Midwest region of the United States; and gathers, purchases, stores, transports, markets, and sells crude oil, NGLs, and refined products. In addition, it provides natural gas compression services; treating services, such as carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates a total of 75 megawatts electrical power. The company was founded in 2002 and is based in Dallas, Texas.

Aramark (ARMK) shares were up in last trading by 0.82% to $33.35. It experienced higher than average volume on day. The stock decreased in value by almost -0.45% over the past week and fell -8.05% in the past month. It is currently trading -5.05% below its 50 day moving average and -5.24% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -12.67% decrease in value from its one year high of $38.3. The RSI indicator value of 31.65, lead us to believe that it is a hold for now.

Aramark provides food, facilities, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients in North America and internationally. It offers managed services include dining, catering, food service management, convenience-oriented retail operations, grounds and facilities maintenance, custodial, energy and construction management, and capital project management. The company also provides non-clinical support services, such as patient food and nutrition, and retail food services; and facilities services comprising clinical equipment maintenance, environmental, laundry and linen distribution, plant operations, strategic/technical, energy and supply chain management, purchasing, and central transportation. In addition, it offers on-site restaurants, catering, convenience stores, and executive dining services; beverage and vending services; and facility management services comprising housekeeping, plant operations and maintenance, energy management, laundry and linen, grounds keeping, landscaping, transportation, capital program management and commissioning, and other facility consulting services. Further, the company provides facility and business support services for mining and oil operations; and concessions, banquet and catering, retail and merchandise sales, recreational and lodging, and facility management services for sports, entertainment, and recreational facilities. Additionally, it offers correctional food, and food and facilities management services for parks; and operates commissaries, laundry facilities, and property rooms. It also rents, sells, cleans, maintains, and delivers uniform and career apparel, and other textile items; and provides other garments and work clothes, as well as ancillary items. The company was formerly known as ARAMARK Holdings Corporation and changed its name to Aramark in May 2014. Aramark was founded in 1959 and is based in Philadelphia, Pennsylvania.

 

Stocks Trend Analysis: Laredo Petroleum, Inc. (LPI), Energy Transfer Equity, L.P. (ETE), Energy Transfer Partners, L.P. (ETP)

Laredo Petroleum, Inc. (LPI) failed to extend gains with the stock declining -0.29% or $-0.04 to close the day at $13.52 on light trading volume of 2.71M shares, compared to its three month average trading volume of 3.27M. The Tulsa Oklahoma 74119 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 106.41%, compared to the industry which has advanced 50.38% over the same period. With RSI of 39.41, the stock should still continue to rise and get closer to its one year target estimate of $15.13, making it a hold for now.

Laredo Petroleum, Inc. operates as an independent energy company in the United States. It focuses on the acquisition, exploration, and development of oil and natural gas properties, as well as the transportation of oil and natural gas primarily in the Permian Basin in West Texas. As of December 31, 2015, it had interests in the 135,408 net acres in the Permian Basin; and had total proved reserves of 125,698 thousand barrels of oil equivalent. The company was formerly known as Laredo Petroleum Holdings, Inc. and changed its name to Laredo Petroleum, Inc. in December 2013. Laredo Petroleum, Inc. was founded in 2006 and is headquartered in Tulsa, Oklahoma.

Energy Transfer Equity, L.P. (ETE) grew with the stock adding 1.28% or $0.23 to close at $18.25 on light trading volume of 2.71M compared its three months average trading volume of 6.76M. The Dallas Texas 75225 based company operating under the Oil & Gas Pipelines industry has been trending up for the last 52 weeks, with the shares price now 108.96% up for the period and down by -5.49% so far this year. With price target of $19.84 and a 384.85% rebound from 52-week low, Energy Transfer Equity, L.P. has plenty of upside potential, making it a hold with a view buy.

Energy Transfer Equity, L.P. provides diversified energy-related services in the Unites States. It owns and operates approximately 7,500 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 12,300 miles of interstate natural gas pipelines. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. Its midstream operations include ownership and operation of approximately 35,000 miles of in service natural gas pipelines, 31 natural gas processing plants, 21 natural gas treating facilities, and 4 natural gas conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, and Louisiana; operation of natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas, as well as a natural gas gathering system in Ohio; and transportation and supply of water to natural gas producers in Pennsylvania. The company’s natural gas liquid (NGL) transportation and services operations include ownership of approximately 2,000 miles of NGL pipelines, three NGL processing plants, four NGL and propane fractionation facilities, and NGL storage facilities. It also sells gasoline and middle distillates at retail; operates convenience stores primarily on the east coast and in the Midwest region of the United States; and gathers, purchases, stores, transports, markets, and sells crude oil, NGLs, and refined products. In addition, it provides natural gas compression services; treating services, such as carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates a total of 75 megawatts electrical power. The company was founded in 2002 and is based in Dallas, Texas.

Energy Transfer Partners, L.P. (ETP) failed to extend gains with the stock declining -0.03% or $-0.01 to close the day at $35.75 on lower than average trading volume of 2.71M shares, compared to its three month average trading volume of 3.75M. The Dallas Texas 75225 based company has been outperforming the oil & gas pipelines companies by 1.1307% for last three months and its recent gains have offset losses to -0.17% YTD, versus the oil & gas pipelines industry which is up 0.92% for the same period. The RSI of 47.9 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Energy Transfer Partners, L.P. engages in the natural gas midstream, and intrastate transportation and storage businesses in the United States. The company’s Intrastate Transportation and Storage segment transports natural gas from various natural gas producing areas, and through ET fuel system and HPL system. It owns and operates 7,500 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas. Its Interstate Transportation and Storage segment provides natural gas transportation and storage services; owns and operates approximately 12,300 miles of interstate natural gas pipeline; and has interests in various natural gas pipelines. The company’s Midstream segment gathers, compresses, treats, blends, processes, and markets natural gas. It owns and operates 35,000 miles of in service natural gas, 31 natural gas processing plants, 21 natural gas treating facilities, and 4 natural gas conditioning facilities. The company’s Liquids Transportation and Services segment transports mixed NGLs and other hydrocarbons; stores mixed NGLs, NGL products, and petrochemical products; and separates mixed NGL streams into purity products. It owns and operates various NGL pipelines, and NGL storage facilities with aggregate storage capacity of approximately 51 million barrels. Its Investment in Sunoco Logistics segment gathers, purchases, markets, and sells crude oil; and owns and operates 1,800 miles of refined products pipelines. The company’s Retail Marketing segment sells motor fuel and merchandise at company-operated retail locations and branded convenience stores in 14 states, primarily on the east coast and south regions of the United States. Its Other segment provides natural gas compression equipment and compression services; manages coal and natural resources property, sells standing timber, and leases coal-related infrastructure facilities; and generates electrical power. The company was founded in 1995 and is based in Dallas, Texas.