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:
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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