Monday, October 18, 2021

Watchlist | Oil Pipeline Stocks

Oil Pipeline stocks are way outperforming the market

This watchlist of nine US listed pipeline stocks shows their relative outperformance compared to The SPDR S&P 500 Index ETF (SPY). The indicator is a 200 day relative strength moving (RSMA). Typically, a Buy signal is generated when the price crosses from below to above. The % difference is indicated. So that would put Kinder Morgan Inc. (KMI), with a 5.85% yield, as the most recent Buy Signal – see stock chart.

Kinder Morgan Inc. (KMI) relative strength chart:

KMI 10_18_2021

Performance list:

Symbol Company % Diff
TRGP Targa Resources Corp 35.7
ALTM Altus Midstream Company 34.9
LNG Cheniere Energy Inc 28.9
ETRN Equitrans Midstream 24.5
OKE Oneok Inc 17.6
AM Antero Midstream Corporation 12.6
WMB Williams Companies Inc 10.1
NEXT NextDecade Corporation 6
KMI Kinder Morgan Inc 2.5

 

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