Shares of Energy Transfer Equity L.P. (ETE) Sees Large Outflow of Money

Energy Transfer Equity L.P. (ETE) : The total money flow in Energy Transfer Equity L.P. (ETE) was negative ($24.1 million), showing the domination of sellers in the Thursday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $75.49 million. Transactions on upticks were comparatively lower at $51.39 million. The uptick to downtick ratio was 0.68. The total block trades done on upticks were valued at $17.99 million. The total block trades on downticks were valued at $46 million. The uptick to the downtick ratio of block trades was 0.39. The money flow during block trades was negative ($28.01 million) when the stock traded with a gain of $48 cent. Energy Transfer Equity L.P. (ETE) was $16.4, an increase of 3.02% over the previous days close.


The stock has recorded a 20-day Moving Average of 14.66% and the 50-Day Moving Average is 22.33%. Shares have dropped -52.52% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $33.00 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $13.53 and the 200 Day Moving Average price is recorded at $10.26.

Energy Transfer Equity L.P. (NYSE:ETE): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $16.15 and $16.09 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.60. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.40, notching a gain of 3.02% for the day. The total traded volume was 31,879,187 . The stock had closed at $15.92 on the previous day.

In an insider trading activity, Mcreynolds John W, director officer (President) of Energy Transfer Equity, L.P., executed a transaction worth $1,366,525 on December 4, 2015. A total of 84,667 shares were purchased at an average price of $16.14. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Energy Transfer Equity, L.P. (ETE) is a limited partnership company. The Company, directly and indirectly, owns equity interests in Energy Transfer Partners, L.P. (ETP) and Regency Energy Partners LP (Regency), both of which are master limited partnerships engaged in diversified energy-related services. Its segments include Investment in ETP, including the consolidated operations of ETP and Regency; Investment in Lake Charles LNG, including the operations of Lake Charles LNG Company, LLC (Lake Charles LNG), and Corporate and Other, including the activities of ETE. The Companys Lake Charles LNG provides terminal services for shippers by receiving liquefied natural gas (LNG) at the facility for storage and delivering such liquefied natural gas (LNG) to shippers. It, through ETP, operates various brands, such as Sunoco, Stripes, Aplus, Aloha Island Mart, Exxon, Mobil, Valero, Shell and Chevron. In March 2015, ETE transferred its 45% interest in the Bakken Pipeline project to ETP.

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