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

Enterprise Products Partners L.P. (EPD) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (2.88 million) in Enterprise Products Partners L.P. (EPD). On Monday, The value of composite uptick trades was $9.8 million, whereas, the value of composite downtick trades was $12.67 million and the ratio between the two was 0.77, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $2.78 million. $0.29 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.11. The negative money flow of ($2.49 million) shows selling on strength. Enterprise Products Partners L.P. (EPD) gained $0.17 intraday at $29.55 and registrered 0.59% for the week.


Enterprise Products Partners L.P. is up 19.01% in the last 3-month period. Year-to-Date the stock performance stands at 15.75%. Shares of Enterprise Products Partners L.P. rose by 1.82% in the last five trading days and 6.86% for the last 4 weeks. In a related news, Williams Randa Duncan, director 10% owner of Enterprise Products Partners L P, had purchased 10,000 shares on March 8, 2016. The total value of the transaction was $240,000. The information was disclosed with the SEC 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): stock turned positive on Monday. Though the stock opened at $29.35, the bulls momentum made the stock top out at $29.755 level for the day. The stock recorded a low of $29.18 and closed the trading day at $29.61, in the green by 0.78%. The total traded volume for the day was 4,878,343. The stock had closed at $29.38 in the previous days trading.

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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