In today’s session Energy Transfer Partners LP (ETP) recorded an unusually high (870) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the December, 2016 put, expecting serious ETP decrease. With 870 contracts traded and 27634 open interest for the Dec, 16 contract, it seems this is a quite bearish bet. The option with symbol: ETP161216P00034000 closed last at: $2 or 5.3% up. About 833,115 shares traded hands. Energy Transfer Partners LP (NYSE:ETP) has risen 9.62% since April 1, 2016 and is uptrending. It has outperformed by 8.41% the S&P500.
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. $68 is the highest target while $25 is the lowest. The $47.92 average target is 44.99% above today’s ($33.05) stock price. Energy Transfer Partners has been the topic of 30 analyst reports since August 10, 2015 according to StockzIntelligence Inc. The stock of Energy Transfer Partners LP (NYSE:ETP) has “Buy” rating given on Friday, August 5 by Stifel Nicolaus. The rating was downgraded by Robert W. Baird to “Neutral” on Monday, February 8. The company was maintained on Tuesday, August 11 by Stifel Nicolaus. The stock of Energy Transfer Partners LP (NYSE:ETP) earned “Neutral” rating by Goldman Sachs on Thursday, May 12. The stock has “Overweight” rating given by Barclays Capital on Tuesday, May 31. Zacks downgraded Energy Transfer Partners LP (NYSE:ETP) on Monday, August 10 to “Buy” rating. The firm has “Neutral” rating given on Thursday, February 25 by Bank of America. The stock of Energy Transfer Partners LP (NYSE:ETP) earned “Buy” rating by Jefferies on Tuesday, March 22. Morgan Stanley reinitiated the stock with “Equal-Weight” rating in Monday, August 15 report. As per Monday, April 4, the company rating was downgraded by Stifel Nicolaus.
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.
Clearbridge Invests Ltd Limited Liability Company owns 9.57 million shares or 0.43% of their US portfolio. Jacobus Wealth Mngmt, a Wisconsin-based fund reported 11,750 shares. Centers Of America Inc holds 39,371 shares or 0.29% of its portfolio. Finemark National Bank & Trust &, a Florida-based fund reported 2,599 shares. The Missouri-based Benjamin F Edwards And Communications Incorporated has invested 0.01% in Energy Transfer Partners LP (NYSE:ETP). Chatham Capital Gp Inc accumulated 0.08% or 6,630 shares. C M Bidwell Assocs Ltd has 0% invested in the company for 325 shares. Department Mb Bancorp N A has 0.01% invested in the company for 1,425 shares. Duncker Streett Co Inc has 0.07% invested in the company for 5,000 shares. Alliancebernstein L P, a New York-based fund reported 360,487 shares. The Connecticut-based Bradley Foster And Sargent Incorporated Ct has invested 0.03% in Energy Transfer Partners LP (NYSE:ETP). Moreover, Eagle Global Ltd Liability Company has 1.22% invested in Energy Transfer Partners LP (NYSE:ETP) for 1.09M shares. Adirondack accumulated 0.11% or 4,081 shares. First Tru Advisors L P last reported 0.03% of its portfolio in the stock. Nelson Van Denburg & Campbell Wealth Mngmt Group Limited Liability Corporation owns 1,682 shares or 0.02% of their US portfolio.
Energy Transfer Partners, L.P. is a master limited partnership. The company has a market cap of $17.30 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: Businesswire.com which released: “Energy Transfer Partners Closes on Previously Announced Acquisition of Certain …” on November 02, 2016, also Fool.com with their article: “Energy Transfer Partners LP Picks Up a New Growth Vehicle” published on October 25, 2016, Forbes.com published: “Ex-Div Reminder for Energy Transfer Partners (ETP)” on November 01, 2016. More interesting news about Energy Transfer Partners LP (NYSE:ETP) were released by: Nasdaq.com and their article: “ENERGY TRANSFER PARTNERS (ETP) Ex-Dividend Date Scheduled for November 03, 2016” published on November 02, 2016 as well as Businesswire.com‘s news article titled: “Energy Transfer Partners to Acquire Certain Interests in PennTex Midstream …” with publication date: October 25, 2016.
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