Lakeway, NY -- (SBWIRE) -- 03/22/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Energy Transfer Equity, L.P. (NYSE:ETE) soared 1.33% and closed at $57.87. Energy Transfer Partners LP said it would buy the 60% stake in ETP Holdco Corp it does not already own for $3.75 billion from affiliate Energy Transfer Equity LP to simplify its structure. ETE will receive $2.35 billion of newly issued ETP units and $1.40 billion in cash. ETP Holdco, formed last year, is controlled by ETP through a board majority.
Get Latest News, Updates on ETE Here
Gran Tierra Energy Inc. (NYSEAMEX: GTE) increased 1.53% and the last traded price was $5.97. So far this year, the stock is up over 9%. The 52-week range for the stock is $4.0 and $6.65. Gran Tierra Energy Inc. is an independent international energy company engaged in oil and gas acquisition, exploration, development and production. Gran Tierra owns oil and gas properties in Colombia, Argentina, Peru and Brazil.
Is GTE a Strong Buying Opportunity After The Recent Gain? Find out Here
Williams Companies, Inc. (NYSE:WMB) moved up 1.58% and the last traded price was $36.55. Williams Companies Inc. will spend C$900 million to build a plant in Alberta that will produce raw plastics from the byproducts of oil sands processing. Williams said it will build a propane dehydration facility at its Redwater complex near Edmonton that will allow it to vastly increase production of polymer-grade propylene, an ingredient of plastics.
Is WMB Signaling a Buy After The Solid gain? Don’t Miss Out Free Trend Analysis Here
ParkerVision, Inc. (NASDAQ:PRKR) augmented 1.74% and the last traded price was $3.51. The Company announced the pricing of its previously announced underwritten public offering of 4,100,000 shares of its common stock at a public offering price of $3.25 per share. In connection with the offering, the Company has also granted the underwriter a 45-day option to purchase up to an additional 615,000 shares of common stock to cover over-allotments, if any.
Is PRKR a Strong Buying Opportunity After The Recent Surge? Get Free Trend Analysis Here
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