Pre-Market Analysis on SE, KMI, PAA, and ETE


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NYSE:SE / NYSE:KMI
05/09/2013 [ACCESSWIRE]  

StockCall.com Provides Stock Research on Spectra Energy Corp., Kinder Morgan Inc., Plains All American Pipeline L.P., and Energy Transfer Equity L.P.

 

New York City, New York -- (May 09, 2013)

The Dow Jones Index closed at 15,105.12, which is a new lifetime high for the index. The markets showed overall bullish trend as Oil & Gas stocks also registered good gains. The basic material sector is looking to make a comeback this year after subdued performance in 2012. Energy stocks including Spectra Energy Corp. (NYSE: SE), Kinder Morgan Inc. (NYSE: KMI), Plains All American Pipeline LP (NYSE: PAA) and Energy Transfer Equity LP (NYSE: ETE) performed well in Wednesday’s session. StockCall has posted free technicalresearch on SE, KMI, PAA, and ETE which can be downloaded upon sign up at

www.stockcall.com/signup

Spectra Energy Corp. closed its latest trading session at $30.96, up 0.37 percent from its previous close. The stock traded in the range of $30.67 and $31.08 with volume of 3.14 million shares in yesterday’s session. It is likely to face its first resistance level at $31.50, and upon breaching this level the stock may go up to $31.95. On the downside, Spectra Energy may tumble to $30.95 level. The stock has low volatility as it sports the beta of 0.91. So far this year, it gained 14.79 percent, whereas in the past 52 weeks it gained 2.14 percent of its value. The stock is in a bullish mode. Sign up and read the complimentary report on SE at

www.StockCall.com/SE050913.pdf 

Kinder Morgan Inc. traded in the range of $39.01 and $39.45 in Wednesday’s session. Its volume stood at 2.43 million shares, down from its average daily volume of 3.54 million. The oil & gas pipelines company closed yesterday’s session at $39.42, up 0.41 percent. The stock is currently trading above its short-term moving average price of $39.38, showing a bullish trend. In the coming sessions, Kinder Morgan is expected to go as high as $39.98, while its first support level is at $39.00. The stock trades at high Price/Earnings ratio of 50.54, making it an expensive stock to own. It has appreciated 13.86 percent on a YTD basis, while its 52 weeks gain stands at 11.83 percent. The company has a current market capitalization of $40.83 billion. The free report on KMI can be downloaded by signing up now at

www.StockCall.com/KMI050913.pdf

Plains All American Pipeline LP extended its 52 weeks gain to 44.44 percent by closing its previous trading session 0.87 percent higher. The stock closed at $58.88 with trading volume of 1.06 million shares. It is up 32.08 percent on a YTD basis. Plains All American is currently in a bullish mode, and the stock is expected to go up to $60.47 in the coming trading sessions. Its next resistance level is at $60.92. On the downside, it is expected to face its first support level at $58.15. The company’s stock traded in the range of $37.59 and $59.17 in the past 52 weeks. Free report on PAA can be accessed by registering at

www.StockCall.com/PAA050913.pdf

Energy Transfer Equity LP is trading above its long-term moving average price, indicating a bullish trend. It also closed its latest trading session at $59.35, up 0.95 percent. The stock made an upward movement with an above average volume of 965,927 shares. ETE trades at Price/Earnings ratio of 37.56, higher than industry average, making the stock an expensive proposition. However, the stock provided good return to its shareholders as it appreciated 33.67 percent this year. Energy Transfer Equity’s stock also gained 46.22 percent in the past 52 weeks.Register withStockCall and download the research on ETE for free at

www.StockCall.com/ETE050913.pdf

 

 

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