Large Outflow of Money Witnessed in Energy Transfer Equity L.P.

Energy Transfer Equity L.P. (ETE) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (5.49 million) in Energy Transfer Equity L.P. (ETE). On Wednesday, The value of composite uptick trades was $21.09 million, whereas, the value of composite downtick trades was $26.58 million and the ratio between the two was 0.79, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $9.57 million. $6.21 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.65. The negative money flow of ($3.36 million) shows selling on strength. Energy Transfer Equity L.P. (ETE) gained $0.28 intraday at $16.69 and registrered 1.71% for the week.


Energy Transfer Equity, L.P. has lost 0.54% in the last five trading days and dropped 8.14% in the last 4 weeks. Energy Transfer Equity, L.P. is up 15.56% in the last 3-month period. Year-to-Date the stock performance stands at 31.4%.

Energy Transfer Equity L.P. (ETE) : The consensus on Energy Transfer Equity L.P. (ETE) based on 11 analyst recommendation on the company stock is 1.59, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 5 which endorses a Strong Sell on the stock. However, 7 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Energy Transfer Equity L.P. (NYSE:ETE): The stock opened at $16.49 and touched an intraday high of $16.82 on Wednesday. During the day, the stock corrected to an intraday low of $16.22, however, the bulls stepped in and pushed the price higher to close in the green at $16.7 with a gain of 1.77% for the day. The total traded volume for the day was 6,671,632. The stock had closed at $16.41 in the previous trading session.

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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