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NEW YORK, November 15, 2017 /PRNewswire/ —
If you want a Stock Review on HFC, MPC, NGL, or UGP then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Oil and Gas (O&G) Refining and Marketing is often referred to as the downstream sector in the O&G industry. It involves the refining of petroleum crude oil and the processing and purifying of raw natural gas, as well as the marketing and distribution of products derived from crude oil and natural gas. Ahead of today’s trading session, DailyStockTracker.com shifts focus on HollyFrontier Corp. (NYSE: HFC), Marathon Petroleum Corp. (NYSE: MPC), NGL Energy Partners L.P. (NYSE: NGL), and Ultrapar Participacoes S.A. (NYSE: UGP). This morning’s free research reports on the aforesaid equities are available upon registration on DailyStockTracker.com at:
Dallas, Texas-based HollyFrontier Corp.’s stock finished Tuesday’s session 2.37% higher at $42.84. A total volume of 3.17 million shares was traded, which was above their three months average volume of 2.80 million shares. The Company’s shares have advanced 18.70% in the past month, 53.99% over the previous three months, and 30.77% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 18.62% and 43.46%, respectively. Furthermore, shares of HollyFrontier, which operates as an independent petroleum refiner in the US, have a Relative Strength Index (RSI) of 82.86.
On November 06th, 2017, research firm RBC Capital Markets reiterated its ‘Outperform’ rating on the Company’s stock with an increase of the target price from $42 a share to $49 a share.
On November 08th, 2017, HollyFrontier announced that its Board of Directors declared a regular quarterly dividend in the amount of $0.33 per share, payable on December 13th, 2017 to holders of record of common stock on November 21st, 2017. Visit us today and access our complete research report on HFC at:
Shares in Findlay, Ohio headquartered Marathon Petroleum Corp. ended at $62.87, up 1.08% from the last trading session. The stock recorded a trading volume of 4.49 million shares, which was above its three months average volume of 4.15 million shares. The Company’s shares have gained 12.83% in the last one month, 23.13% in the previous three months, and 24.87% on an YTD basis. The stock is trading 10.89% above its 50-day moving average and 18.76% above its 200-day moving average. Moreover, shares of Marathon Petroleum, which together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the US, have an RSI of 73.47.
On October 25th, 2017, Marathon Petroleum announced that its Board of Directors declared a dividend of $0.40 per share on common stock. The dividend is payable on December 11th, 2017 to shareholders of record as of the close of business November 16th, 2017.
On November 14th, 2017, research firm Cowen reiterated its ‘Outperform’ rating on the Company’s stock with an increase of the target price from $60 a share to $79 a share. The complimentary report on MPC can be downloaded at:
NGL Energy Partners
Tulsa, Oklahoma headquartered NGL Energy Partners L.P.’s stock ended yesterday’s session 1.61% lower at $12.25 with a total trading volume of 786,470 shares. The Company’s shares have advanced 5.15% in the past month and 28.95% over the previous three months. The stock is trading 10.55% above its 50-day moving average. Additionally, shares of the Company, which through its subsidiaries, engages in the crude oil logistics, water solutions, liquids, retail propane, and refined products and renewables businesses in the US, have an RSI of 57.74.
On November 07th, 2017, NGL Energy Partners (“NGL”) announced that it has entered into a definitive agreement with DCC LPG (“DCC”), a division of DCC PLC, to sell a portion of NGL’s Retail Propane Business for $200 million in cash, adjusted for working capital at closing. NGL will retain this business through closing, which is scheduled for March 31st, 2018, and will also retain all profits generated through the closing date.
On November 08th, 2017, research firm RBC Capital Markets reiterated its ‘Outperform’ rating on the Company’s stock with an increase of the target price from $14 a share to $16 a share. Register for free on DailyStockTracker.com and access the latest research report on NGL at:
On Tuesday, shares in Sao Paulo, Brazil headquartered Ultrapar Participacoes S.A. recorded a trading volume of 523,011 shares, which was above their three months average volume of 495,380 shares. The stock finished 2.02% lower at $21.39. The Company’s shares have advanced 3.13% since the start of this year. The stock is trading below its 200-day moving average by 7.23%. Furthermore, shares of Ultrapar Participacoes, which through its subsidiaries, engages in the liquefied petroleum gas distribution, fuel distribution, and related businesses, have an RSI of 30.90. Get free access to your research report on UGP at:
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