Large Outflow of Money Witnessed in Enterprise Products Partners L.P.

Enterprise Products Partners L.P. (EPD) : Net money flow in Enterprise Products Partners L.P. (EPD) was negative ($6.42 million) and the inflow of money on uptick was $10.45 million, whereas, the outflow of money on downticks amounted to $16.87 million on Friday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.62. The block trades show that the large investors, were aggressive sellers in the stock. The total value of block trades on upticks was only $0.27 million. On the other hand, the total value of block trades done on downticks was $4.34 million. The ratio of uptick to downtick block trades was 0.06. The money flow in block trades was negative ($4.07). Enterprise Products Partners L.P. (EPD) gained $0.12 cent during the day and reached $26.52, a gain of 0.45% over the previous day.


The company Insiders own 37.5% of Enterprise Products Partners L.P. shares according to the proxy statements. Institutional Investors own 35.73% of Enterprise Products Partners L.P. shares.

In a related news, Williams Randa Duncan, director 10% owner of Enterprise Products Partners L P, executed a transaction worth $240,000 on March 8, 2016. A total of 10,000 shares were purchased at an average price of $24. 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.

Enterprise Products Partners L.P. (NYSE:EPD): The stock opened at $26.68 and touched an intraday high of $26.88 on Friday. During the day, the stock corrected to an intraday low of $26.55, however, the bulls stepped in and pushed the price higher to close in the green at $26.82 with a gain of 1.13% for the day. The total traded volume for the day was 3,345,414. The stock had closed at $26.52 in the previous trading session.

Enterprise Products Partners L.P. (EPD) has been under a strong bear grip, hence the stock is down -1.27% 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 0.36% in the past 1 week. The stock has risen by 0.87% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.4% in the past 4 weeks.

Enterprise Products Partners L.P. is a provider of midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals and refined products. The Company operates in five segments: NGL Pipelines & Services segment includes its natural gas processing plants and related NGL marketing activities; Onshore Natural Gas Pipelines & Services segment includes approximately 19,300 miles of onshore natural gas pipeline systems; Onshore Crude Oil Pipelines & Services segment includes approximately 5,400 miles of onshore crude oil pipelines, crude oil storage terminals; Offshore Pipelines & Services segment serves drilling and development regions, including deepwater production fields and Petrochemical & Refined Products Services segment includes propylene fractionation and related operations, including approximately 680 miles of pipelines. Its asset portfolio includes 24 natural gas processing plants and 22 NGL and propylene fractionators.

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