Shares of Williams Partners LP (WPZ) Sees Large Outflow of Money

Williams Partners LP (WPZ) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($3.4 million) and the uptick to downtick ratio was 0.7. The transaction value on upticks was $7.96 million and on downticks, the transaction value was $11.36 million. The transaction value of block trades during downticks was $3.74 million. The money flow was negative ($3.74 million), indicating the traders were booking profit on the price strength. Williams Partners LP (WPZ) rose $0.23 at $34.66, during intraday Thursday , a rise of 0.67% over the previous days close.


Williams Partners LP (WPZ) : The consensus price target for Williams Partners LP (WPZ) is $36.33 for the short term with a standard deviation of $4.93. The most optimist securities analyst among the 6 who monitor the stock believes that the stock can reach $40, however, the pessimist price target for the company is $28. The stock has recorded a 20-day Moving Average of 2.88% and the 50-Day Moving Average is 9.14%.

Williams Partners LP (NYSE:WPZ): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $34.65 and $34.37 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $35.44. The buying momentum continued till the end and the stock did not give up its gains. It closed at $34.68, notching a gain of 0.73% for the day. The total traded volume was 1,440,755 . The stock had closed at $34.43 on the previous day.

Williams Partners L.P., formerly Access Midstream Partners, L.P., owns, operates, develops and acquires natural gas, natural gas liquids (NGLs) and oil gathering systems, and other midstream energy assets. The Companys business segments include Access Midstream, Northeast G&P, Atlantic-Gulf, West and NGL & Petchem Services. The Access Midstream segment provides gathering, treating, and compression services to producers. The Northeast G&P segment includes natural gas gathering and processing and NGL fractionation businesses. Atlantic-Gulf segment includes its interstate natural gas pipeline, Transcontinental Gas Pipeline Company, LLC (Transco), and natural gas gathering and processing and crude oil production handling and transportation. The NGL & Petchem Services segment includes its 88.5% interest in an olefins production facility in Geismar, Louisiana, along with an RGP Splitter and various petrochemical and feedstock pipelines.

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