Shares of Energy Transfer Equity L.P. (NYSE:ETE) Sees Large Outflow of Money

Energy Transfer Equity L.P. (NYSE:ETE) : Wednesdays money flow analysis of Energy Transfer Equity L.P. (NYSE:ETE) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $28.73 million. In comparison, the inflow of money on upticks was a meager $24.69 million. The dollar value of composite uptick trades minus the downtick trades was negative $4.03 million. The uptick to downtick ratio of 0.86 in the money flow shows weakness. The uptick block trades were valued at $4.01 million. The downtick transaction value was high at $4.02 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 1. Hence, the net money flow in the stock was negative ($0.02 million). Energy Transfer Equity L.P. (NYSE:ETE) gained $0.58 at $14.99, a change of 4.02% over the previous days close.


In an insider trading activity, Mcreynolds John W, director officer (President) of Energy Transfer Equity, L.P. had purchased 84,667 shares on December 4, 2015 in a transaction. The price per share was $16.14 and the total amount of the disclosed transaction was $1,366,525.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices. Currently the company Insiders own 3.28% of Energy Transfer Equity L.P. shares according to the proxy statements. Institutional Investors own 45.18% of Energy Transfer Equity L.P. shares.

The company shares have dropped -54.31% from its 1 Year high price. On Jul 13, 2015, the shares registered one year high at $33.06 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $13.06 and the 200 Day Moving Average price is recorded at $10.14. Energy Transfer Equity L.P. (NYSE:ETE): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.95 and $14.55 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $15.13. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.70, notching a gain of 2.01% for the day. The total traded volume was 20,307,974 . The stock had closed at $14.41 on the previous day.

Energy Transfer Equity, L.P. (ETE) is a limited partnership company. The Company, directly and indirectly, owns equity interests in Energy Transfer Partners, L.P. (ETP) and Regency Energy Partners LP (Regency), both of which are master limited partnerships engaged in diversified energy-related services. Its segments include Investment in ETP, including the consolidated operations of ETP and Regency; Investment in Lake Charles LNG, including the operations of Lake Charles LNG Company, LLC (Lake Charles LNG), and Corporate and Other, including the activities of ETE. The Companys Lake Charles LNG provides terminal services for shippers by receiving liquefied natural gas (LNG) at the facility for storage and delivering such liquefied natural gas (LNG) to shippers. It, through ETP, operates various brands, such as Sunoco, Stripes, Aplus, Aloha Island Mart, Exxon, Mobil, Valero, Shell and Chevron. In March 2015, ETE transferred its 45% interest in the Bakken Pipeline project to ETP.

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