ENERGY TRANSFER PARTNERS (NYSE:ETP) has been under a strong bear grip, hence the stock is down -0.53% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.62% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.91% in the last 1 week, and is up 1.08% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -26.78% from its 1 Year high price. On Jul 15, 2015, the shares registered one year high at $54.50 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $37.90 and the 200 Day Moving Average price is recorded at $32.20.
The stock has recorded a 20-day Moving Average of 0.29% and the 50-Day Moving Average is 4.4%.
ENERGY TRANSFER PARTNERS (NYSE:ETP): stock turned positive on Friday. Though the stock opened at $37.65, the bulls momentum made the stock top out at $38.49 level for the day. The stock recorded a low of $37.3601 and closed the trading day at $38.38, in the green by 2.24%. The total traded volume for the day was 2,136,547. The stock had closed at $37.54 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Energy Transfer Partners, L.P., Skidmore David K, had purchased 3,000 shares in a transaction dated on March 16, 2016. The transaction was executed at $28.54 per share with total amount equaling $85,620.
Energy Transfer Partners, L.P. is a master limited partnership. The Companys operating segments include Intrastate Transportation and Storage segment; Interstate Transportation and Storage segment; Midstream segment; Liquids Transportation and Services segment; Investment in Sunoco Logistics segment; Retail Marketing segment and All Other segment. It is engaged in natural gas operations, including natural gas midstream and intrastate transportation and storage, and interstate natural gas transportation and storage; Liquids operations, including NGL transportation, storage and fractionation services; product and crude oil operations, including product and crude oil transportation, terminalling services and acquisition and marketing activities and retail marketing of gasoline and middle distillates. It is managed by its general partner Energy Transfer Partners GP, L.P. Its brands include Sunoco, Stripes, Aplus, Aloha Island Mart, Exxon, Valero, Mobil, Shell and Chevron, among others.