Today’s Market Runner: Energy Transfer Partners LP Increases Again; Strong Momentum for Buyers

Today's Market Runner: Energy Transfer Partners LP Increases Again; Strong Momentum for Buyers

The stock of Energy Transfer Partners LP (NYSE:ETP) is a huge mover today! About 3.21 million shares traded hands. Energy Transfer Partners LP (NYSE:ETP) has declined 3.77% since April 27, 2016 and is downtrending. It has underperformed by 9.00% the S&P500.
The move comes after 7 months positive chart setup for the $18.84B company. It was reported on Nov, 30 by Barchart.com. We have $36.57 PT which if reached, will make NYSE:ETP worth $753.60M more.

Analysts await Energy Transfer Partners LP (NYSE:ETP) to report earnings on February, 22. They expect $0.26 earnings per share, up 1,200.00% or $0.24 from last year’s $0.02 per share. ETP’s profit will be $139.32M for 33.81 P/E if the $0.26 EPS becomes a reality. After $0.14 actual earnings per share reported by Energy Transfer Partners LP for the previous quarter, Wall Street now forecasts 85.71% EPS growth.

Energy Transfer Partners LP (NYSE:ETP) Ratings Coverage

Out of 17 analysts covering Energy Transfer Partners (NYSE:ETP), 12 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 71% are positive. Energy Transfer Partners has been the topic of 34 analyst reports since August 10, 2015 according to StockzIntelligence Inc. The company was downgraded on Friday, January 22 by Oppenheimer. Jefferies maintained the shares of ETP in a report on Tuesday, March 22 with “Buy” rating. Bernstein upgraded Energy Transfer Partners LP (NYSE:ETP) on Tuesday, November 8 to “Outperform” rating. The stock of Energy Transfer Partners LP (NYSE:ETP) has “Buy” rating given on Monday, May 23 by Goldman Sachs. The rating was downgraded by Stifel Nicolaus on Monday, April 4 to “Hold”. Zacks downgraded the stock to “Buy” rating in Monday, August 10 report. The firm earned “Buy” rating on Tuesday, October 27 by Evercore. The stock has “Neutral” rating given by Bank of America on Thursday, February 25. As per Tuesday, November 22, the company rating was downgraded by Stifel Nicolaus. As per Friday, December 18, the company rating was initiated by Jefferies.

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 1.34 in 2016 Q2. Its up 0.34, from 1 in 2016Q1. The ratio improved, 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.
Green Square Capital Ltd Liability Corp has invested 0.69% of its portfolio in Energy Transfer Partners LP (NYSE:ETP). Travelers accumulated 110,000 shares or 1.3% of the stock. Moreover, Srb has 2.12% invested in Energy Transfer Partners LP (NYSE:ETP) for 364,059 shares. Valley Natl Advisers Incorporated, a Pennsylvania-based fund reported 584 shares. Hemenway Trust Ltd Limited Liability Company accumulated 0.09% or 9,055 shares. Sheets Smith Wealth Management holds 13,016 shares or 0.14% of its portfolio. Gradient Invs Ltd Com has 419 shares for 0% of their US portfolio. Vsr Financial Svcs Incorporated has 0.27% invested in the company for 42,827 shares. The Texas-based Wfg Advsrs L P has invested 0.14% in Energy Transfer Partners LP (NYSE:ETP). Usca Ria Llc holds 14,150 shares or 0.09% of its portfolio. Smith Chas P Associate Pa Cpas has 9,962 shares for 0.06% of their US portfolio. The Illinois-based Hightower Advsr Lc has invested 0.09% in Energy Transfer Partners LP (NYSE:ETP). Whittier Tru last reported 0.04% of its portfolio in the stock. First Republic Inv Mngmt, a California-based fund reported 42,796 shares. Adams Asset Ltd Co, a Texas-based fund reported 151,829 shares.

More notable recent Energy Transfer Partners LP (NYSE:ETP) news were published by: Foxbusiness.com which released: “What Can Investors Expect From the New Energy Transfer Partners LP?” on November 28, 2016, also Forbes.com with their article: “Is There Value In Sunoco Logistics’ Merger With Energy Transfer Partners?” published on November 21, 2016, Fool.com published: “Energy Transfer Partners LP’s Key Bakken Pipeline Hits Another Roadblock” on November 15, 2016. More interesting news about Energy Transfer Partners LP (NYSE:ETP) were released by: Wsj.com and their article: “·Energy Transfer Equity, Energy Transfer Partners Post Weaker Results” published on November 09, 2016 as well as Reuters.com‘s news article titled: “Energy Transfer says not slowing construction of North Dakota pipeline” with publication date: November 08, 2016.

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.

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