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Stock Watchout on Oil & Gas Pipelines -- ONEOK Partners, Enbridge Energy Partners, Magellan Midstream Partners, and TransCanada

Friday, 12 February 2016 08:00 AM

Park Lane Advisor

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NEW YORK, NY / ACCESSWIRE / February 12, 2016 / Park Lane Advisor has initiated coverage on the following equities: ONEOK Partners L.P. (NYSE: OKS), Enbridge Energy Partners L.P. (NYSE: EEP), Magellan Midstream Partners L.P. (NYSE: MMP), and TransCanada Corporation (NYSE: TRP). Free note on ONEOK Partners can be accessed at http://www.parklaneadvisor.com/ On Thursday, February 11, 2016, the NASDAQ Composite ended at 4,266.84, down 0.39%, the Dow Jones Industrial Average lost 1.60%, to finish the day at 15,660.18, and the S&P 500 closed at 1,829.08, down 1.23%. Register for your complimentary reports at the links given below.

On Thursday, shares in ONEOK Partners L.P. recorded a trading volume of 2.85 million shares, higher than their three months average volume of 1.83 million shares. The stock ended the day 12.39% lower at $22.20. Shares of the company traded at a PE ratio of 12.54. The company is trading below its 50-day and 200-day moving averages by 14.78% and 27.46%, respectively. Furthermore, shares of ONEOK Partners L.P. have a Relative Strength Index (RSI) of 38.37. Sign up and read the free notes on OKS at:

http://www.parklaneadvisor.com/

Enbridge Energy Partners L.P.'s stock finished Thursday's session 5.64% lower at $14.72. A total of 2.41 million shares were traded, which was above its three months average volume of 1.72 million shares. The company’s shares are trading below their 50-day and 200-day moving averages by 24.38% and 44.25%, respectively. Enbridge Energy Partners L.P.'s stock traded at a PE ratio of 35.90 and has an RSI of 35.41. The complimentary notes on EEP can be downloaded in PDF format at:

http://www.parklaneadvisor.com/

On Thursday, shares in Magellan Midstream Partners L.P. ended the session 3.46% lower at $57.25. The stock reported a trading volume of 1.69 million shares, above its three months average volume of 1.50 million shares. Shares of the company traded at a PE ratio of 15.95. The company is trading 8.46% below its 50-day moving average and 15.19% below its 200-day moving average. Moreover, shares of Magellan Midstream Partners L.P. have an RSI of 39.24. Register for free on Park Lane Advisor and access the latest research on MMP at:

http://www.parklaneadvisor.com/

TransCanada Corp.'s stock edged 0.03% lower, to close the day at $34.62. The stock recorded a trading volume of 1.43 million shares, above its three months average volume of 1.32 million shares. TransCanada Corp.'s shares have gained 9.66% in the last one month and 8.67% in the previous three months, but the stock has plummeted 21.67% in the past one year. The company's shares are trading 6.59% above their 50-day moving average. Additionally, TransCanada Corp. traded at a PE ratio of 20.49 and has an RSI of 58.30. The complete research on TRP is available for free at:

http://www.parklaneadvisor.com/

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