Energy Transfer Equity L.P. (ETE) : During the past 4 weeks, traders have been relatively bearish on Energy Transfer Equity L.P. (ETE), hence the stock is down -8.57% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -11.24% relative to the S&P 500. The 4-week change in the price of the stock is -10.42% and the stock has fallen -10.77% in the past 1 week.
The stock has recorded a 20-day Moving Average of 9.75% and the 50-Day Moving Average is 4.85%.The 200 Day SMA reached 36.28% Energy Transfer Equity, L.P. is up 26.55% in the last 3-month period. Year-to-Date the stock performance stands at 27.15%.
Energy Transfer Equity L.P. (ETE) : The highest level Energy Transfer Equity L.P. (ETE) is projected to reach is $29 for the short term and the lowest estimate is at $7. The consolidated price target from 8 rating analysts who initiate coverage on the stock is $18.38 and the possibility the share price can swing is $6.21.
For the current week, the company shares have a recommendation consensus of Buy. Energy Transfer Equity L.P. (NYSE:ETE): stock was range-bound between the intraday low of $16.02 and the intraday high of $16.52 after having opened at $16.52 on Fridays session. The stock finally closed in the red at $16.52, a loss of -3.00%. The stock remained in the red for the whole trading day. The total traded volume was 9,113,715 shares. The stock failed to cross $16.52 in Fridays trading. The stocks closing price on Thursday was $16.16.
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.