Energy Transfer Equity, L.P.s in-depth stock price analysis indicates that the stock price has rallied 8.96% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 3.57% . Looking at the past 52 week period, the stock price is up at 237.03% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Energy Transfer Equity, L.P. has a positive value of 170.83 compared to overall market. Energy Transfer Equity, L.P. (NYSE:ETE) has tumbled 1.1% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 1.29% in the last four weeks. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.9%. Energy Transfer Equity, L.P. (NYSE:ETE) has underperformed the index by 0.52% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Energy Transfer Equity, L.P. (NYSE:ETE) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.31 points or 1.62% at $18.84 with 5,297,450 shares getting traded. Post opening the session at $19.35, the shares hit an intraday low of $18.83 and an intraday high of $19.37 and the price was in this range throughout the day. The company has a market cap of $19,725 million and the number of outstanding shares has been calculated to be 1,046,962,810 shares. The 52-week high of Energy Transfer Equity, L.P. (NYSE:ETE) is $20.05 and the 52-week low is $4.61.
Energy Transfer Equity LP Last issued its quarterly earnings results on Nov 9, 2016. The company reported $0.19 EPS for the quarter, missing the analyst consensus estimate by $ -0.09. Analyst had a consensus of $0.28. The company had revenue of $9678.00 million for the quarter, compared to analysts expectations of $8528.58 million. The companys revenue was down -8.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.28 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Energy Transfer Equity LP was Upgraded by Raymond James to Outperform on Jan 12, 2017. Energy Transfer Equity LP was Downgraded by Bernstein to Mkt Perform on Jan 9, 2017.
Company has reported several Insider transactions to the SEC, on Dec 8, 2015, John W Mcreynolds (President) purchased 84,667 shares at 16.14 per share price.On Dec 8, 2015, K Rick Turner (director) purchased 5,000 shares at 12.90 per share price.On Dec 7, 2015, Kelcy L Warren (director 10% owner) purchased 2,000,000 shares at 16.11 per share price.
Energy Transfer Equity, L.P. owns a diversified portfolio of energy assets, including natural gas operations consisting miles of natural gas gathering and transportation pipelines, natural gas treating and processing assets located in Texas and Louisiana, and three natural gas storage facilities located in Texas.