In today’s session Energy Transfer Partners LP (ETP) registered an unusually high (165) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2018 call, expecting serious ETP increase. With 165 contracts traded and 6024 open interest for the Jan, 18 contract, it seems this is a quite bullish bet. The option with symbol: ETP180119C00045000 closed last at: $1.85 or 7.5% down. About 1.10 million shares traded hands. Energy Transfer Partners LP (NYSE:ETP) has risen 30.91% since March 2, 2016 and is uptrending. It has outperformed by 22.65% the S&P500.
Analysts await Energy Transfer Partners LP (NYSE:ETP) to report earnings on November, 2. They expect $0.32 earnings per share, up 220.00% or $0.22 from last year’s $0.1 per share. ETP’s profit will be $163.00 million for 28.74 P/E if the $0.32 EPS becomes a reality. After $0.10 actual earnings per share reported by Energy Transfer Partners LP for the previous quarter, Wall Street now forecasts 220.00% EPS growth.
Energy Transfer Partners LP (NYSE:ETP) Ratings Coverage
Out of 16 analysts covering Energy Transfer Partners (NYSE:ETP), 12 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 75% are positive. Energy Transfer Partners has been the topic of 30 analyst reports since August 10, 2015 according to StockzIntelligence Inc. Stifel Nicolaus maintained it with “Buy” rating and $60 target price in Tuesday, August 11 report. Bernstein initiated Energy Transfer Partners LP (NYSE:ETP) on Wednesday, May 11 with “Market Perform” rating. The firm has “Neutral” rating by Goldman Sachs given on Thursday, May 12. On Monday, April 4 the stock rating was maintained by Barclays Capital with “Overweight”. The firm has “Overweight” rating by Barclays Capital given on Friday, August 5. As per Monday, August 10, the company rating was downgraded by Zacks. Evercore initiated Energy Transfer Partners LP (NYSE:ETP) on Tuesday, October 27 with “Buy” rating. The rating was initiated by Stephens with “Overweight” on Thursday, September 29. As per Friday, August 5, the company rating was upgraded by Stifel Nicolaus. The rating was downgraded by Bank of America to “Neutral” on Thursday, February 25.
According to Zacks Investment Research, “Energy Transfer Partners, L.P. is a publicly traded partnership owning and operating a diversified portfolio of energy assets. The Partnership’s natural gas operations includes miles of natural gas gathering and transportation pipelines, natural gas treating and processing assets located in Texas and Louisiana, and three natural gas storage facilities located in Texas.”
Insitutional Activity: The institutional sentiment increased to 1 in Q2 2016. Its up 0.26, from 0.74 in 2016Q1. The ratio increased, as 48 funds sold all Energy Transfer Partners LP shares owned while 135 reduced positions. 40 funds bought stakes while 143 increased positions. They now own 256.39 million shares or 8.74% less from 280.94 million shares in 2016Q1.
Adirondack Trust Com has 0.11% invested in the company for 4,081 shares. Teacher Retirement Of Texas last reported 181,439 shares in the company. Ironwood Investment Counsel Limited Liability holds 11,600 shares or 0.26% of its portfolio. The France-based Natixis has invested 1.38% in Energy Transfer Partners LP (NYSE:ETP). Oppenheimer holds 46,909 shares or 0.05% of its portfolio. The California-based Intersect Cap Limited Liability has invested 0.77% in Energy Transfer Partners LP (NYSE:ETP). Plancorp Ltd Liability last reported 0.39% of its portfolio in the stock. Royal Savings Bank Of Canada, a Ontario – Canada-based fund reported 703,110 shares. Neville Rodie Shaw holds 0.06% of its portfolio in Energy Transfer Partners LP (NYSE:ETP) for 13,168 shares. Reilly Finance Ltd Liability Co has 497 shares for 0% of their US portfolio. Goodwin Daniel L holds 115,325 shares or 1.42% of its portfolio. Bush Odonnell Inv Inc last reported 0.54% of its portfolio in the stock. Texan Cap Management last reported 37,398 shares in the company. Commonwealth Services Limited Liability Company holds 1,882 shares or 0.08% of its portfolio. Advsrs Asset Mgmt reported 303,222 shares or 0.19% of all its holdings.
Energy Transfer Partners, L.P. is a master limited partnership. The company has a market cap of $18.74 billion. The Firm is engaged in natural gas operations, including natural gas midstream and intrastate transportation and storage. It currently has negative earnings.
ETP Company Profile
Energy Transfer Partners, L.P. (ETP), incorporated on April 17, 1996, is a master limited partnership. The Firm is engaged in natural gas operations, including natural gas midstream and intrastate transportation and storage through La Grange Acquisition, L.P. (ETC OLP), and interstate natural gas transportation and storage through Energy Transfer Interstate Holdings, LLC (ET Interstate) and Panhandle Eastern Pipe Line Company, LP (Panhandle); liquids operations, including natural gas liquids (NGL) transportation, storage and fractionation services primarily through Lone Star NGL LLC (Lone Star); product and crude oil operations, including product and crude oil transportation, terminalling services, and acquisition and marketing activities through Sunoco Logistics Partners L.P. (Sunoco Logistics) and retail marketing of gasoline and middle distillates through Sunoco, Inc. The Company’s divisions 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.
More notable recent Energy Transfer Partners LP (NYSE:ETP) news were published by: Seekingalpha.com which released: “Energy Transfer: So Close!” on October 04, 2016, also Fool.com with their article: “Energy Transfer Partners LP’s Best Moves in 2016 So Far” published on September 15, 2016, Fool.com published: “Energy Transfer Partners LP’s Best Business Segment in 2016 So Far” on September 08, 2016. More interesting news about Energy Transfer Partners LP (NYSE:ETP) were released by: Forbes.com and their article: “RSI Alert: Energy Transfer Partners (ETP) Now Oversold” published on September 13, 2016 as well as Fool.com‘s news article titled: “Understanding Energy Transfer Equity LP in Just 3 Charts” with publication date: September 21, 2016.
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