Energy Transfer Partners LP(NYSE:ETP) Declares Dividend of $1.0550.

Energy Transfer Partners LP (NYSE:ETP) had declared a cash dividend of $1.0550 on Jul 28, 2016. The shares will quote ex-dividend on Aug 4, 2016 and the record date has been fixed for Aug 8, 2016. On Jul 28, 2016 share price, the yield comes out to be 10.7571%. The dividend payable date has been fixed on Aug 15, 2016.

In a different note, On Jul 25, 2016, Jefferies said it Maintains its rating on Energy Transfer Partners LP. In the research note, the firm Raises the price-target to $46.00 per share. The shares have been rated ‘Buy’ by the firm. On Jul 7, 2016, Deutsche Bank said it Maintains its rating on Energy Transfer Partners LP. In the research note, the firm Raises the price-target to $44.00 per share. The shares have been rated ‘Buy’ by the firm. On May 31, 2016, Barclays said it Maintains its rating on Energy Transfer Partners LP. In the research note, the firm Raises the price-target to $42.00 per share. The shares have been rated ‘Overweight’ by the firm. On May 23, 2016, Goldman Sachs said it Upgrades its rating on Energy Transfer Partners LP. In the research note, the firm Raises the price-target to $33.00 per share. The shares have been rated ‘Buy’ by the firm. On May 12, 2016, Goldman Sachs said it Maintains its rating on Energy Transfer Partners LP. In the research note, the firm Raises the price-target to $29.00 per share. The shares have been rated ‘Neutral’ by the firm. Bernstein said it Initiates Coverage on Energy Transfer Partners LP, according to a research note issued on May 11, 2016. The shares have been rated ‘Market Perform’ by the firm.

Energy Transfer Partners LP (ETP) made into the market gainers list on Thursdays trading session with the shares advancing 0.64% or 0.265 points. Due to strong positive momentum, the stock ended at $41.74, which is also near the day’s high of $43. The stock began the session at $41.37 and the volume stood at 65,64,429 shares. The 52-week high of the shares is $51.23 and the 52 week low is $18.62. The company has a current market capitalization of $21,651 M and it has 51,87,15,340 shares in outstanding.

Energy Transfer Partners LP(ETP) last announced its earnings results on May 4, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $7.98B. Analysts had an estimated revenue of $7.67B. Earnings per share were $0.30. Analysts had estimated an EPS of $0.25.

Several Insider Transactions has been reported to the SEC. On Mar 18, 2016, David K Skidmore (director) purchased 3,000 shares at $28.54 per share price.Also, On Dec 8, 2015, Kelcy L Warren (Chief Executive Officer) purchased 50 shares at $30.37 per share price.On Sep 21, 2015, Michael K Grimm (director) purchased 1,325 shares at $45.11 per share price, according to the Form-4 filing with the securities and exchange commission.

Energy Transfer Partners L.P. is a master limited partnership. The Company’s 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.

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