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New Potential Long Position - APL
New Potential Long Position - APL
Atlas Pipeline
NYSE APL, Optionable
$28.56
We are looking to enter in the $28.72 area for an upside target area over the next 12 months of $55.00. The diversification area is $35.00. Our stop area is $24.00 giving a downside risk of 16.4%.
Dividend Yield 6.6% Industry Ave. Volume Petroleum (Pipeline) 333K Beta 1.74
Potential Long
52 Week Trading Range $16.51 - $37.90
Atlas Pipeline, (APL) primary business is the transmission, gathering, and processing of natural gas. The company mainly operates in the Anadarko, Arkoma, Golden Trend, and Permian Basins. Additionally, they offer natural gas processing and treatment services in Oklahoma and Texas. Atlas also owns and operates a 565-mile interstate pipeline system extending from Oklahoma through Arkansas and into Missouri.