Plains GP Holdings LP (NYSE:PAGP):
The company’s RSI reading has hit 57.14. The stock edged higher by 5.46% to close previous trading session at USD 8.69.
The shares of the company fluctuated in the range of USD 4.72 and USD 29.86 in the course of 52 weeks. Over the three months, the company’s shares have declined by -3.19% and in the past one year, it has lost -67.50%. Additionally, the stock’s year to date performance has declined -5.44%. Over the last five days its shares have surged by 7.28% and in the past six months it has moved down -44.98%.
Further, the company is trading at a price to earnings ratio of 16.33 and the stock is at a price to book ratio of 1.12. The stock’s weekly volatility is calculated as 5.39% and monthly volatility as 8.27% with ATR of 0.62, price to cash ratio of 180.76.
Plains GP Holdings LP (PAGP) together with its auxiliaries, owns and operates midstream energy infrastructure in the United States and Canada. It operates through three segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment engages in the transportation of crude oil and NGL on pipelines, gathering systems, trucks, and barges. As of December 31, 2015, this segment owned and leased assets comprising 18,100 miles of active crude oil and NGL pipelines and gathering systems; 30 million barrels of active, above-ground tank capacity; 830 trailers; 142 transport and storage barges; and 64 transport tugs. The Facilities segment is involved in the provision of storage, terminalling, and throughput services for crude oil, refined products, NGL, and natural gas; NGL fractionation and isomerization services; and natural gas and condensate processing services. As of December 31, 2015, this segment owned and operated about 80 million barrels of crude oil and refined products storage capacity; 25 million barrels of NGL storage capacity; 97 billion cubic feet of natural gas storage working capacity; 31 billion cubic feet of base gas; 10 natural gas processing plants; a condensate processing facility; 7 fractionation plants; 23 crude oil and NGL rail terminals; 6 marine facilities; and 1,100 miles of active pipelines.
Energen Corporation (NYSE:EGN):
The stock increased by 5.42% to close last trading session at USD 36.59. The company’s shares oscillated in the range of USD 34.76 and USD 37.59 during intraday trade.
A total of 2.31 million shares exchanged hands, below its 3 month average volume of 3.17 million shares. Over the last five days its shares have surged by 11.11% and in the past six months it has moved down -26.84%.
Furthermore, the stock has weekly volatility of 7.10% and monthly volatility of 6.56% with ATR of 2.06. The stock’s RSI is 63.95 and distance from 50-day simple moving average is 22.01%, whereas its distance from 20-day simple moving average is 11.58% and distance from 200-day simple moving average is -24.04%.
Energen Corporation (EGN) on March 11, 2016 declared that it has taken advantage of recent increases in oil futures prices to reduce the impact of commodity price volatility on its cash flows in 2016 and 2017.
Energen recently hedged an additional 5.2 million barrels of its 2016 oil production at an average price of $41.47 per barrel. This brings the company’s total oil hedge position in calendar year 2016 to 6.3 million barrels, or 50 percent of its oil production guidance midpoint, at an average NYMEX price of $45.33 per barrel.
Energen also has added 1.1 million barrels of oil hedges in 2017 at an average NYMEX price of $45.05 per barrel.