ENERGY TRANSFER PARTNERS (NYSE:ETP) : The consensus price target for ENERGY TRANSFER PARTNERS (NYSE:ETP) is $42.7 for the short term with a standard deviation of $10.12. The most optimist securities analyst among the 10 who monitor the stock believes that the stock can reach $63, however, the pessimist price target for the company is $25.
Energy Transfer Partners, L.P. has dropped 7.69% in the last five trading days, however, the shares have posted positive gains of 2.48% in the last 4 weeks. Energy Transfer Partners, L.P. is up 24.36% in the last 3-month period. Year-to-Date the stock performance stands at 21.06%.
ENERGY TRANSFER PARTNERS (NYSE:ETP) : 6 brokerage houses believe that ENERGY TRANSFER PARTNERS (NYSE:ETP) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on ENERGY TRANSFER PARTNERS (NYSE:ETP). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 12 Wall Street Analysts endorse the stock as a Buy with a rating of 1.83.
ENERGY TRANSFER PARTNERS (NYSE:ETP): The stock opened at $38.90 on Thursday but the bulls could not build on the opening and the stock topped out at $39.15 for the day. The stock traded down to $37.99 during the day, due to lack of any buying support eventually closed down at $38.07 with a loss of -2.56% for the day. The stock had closed at $39.07 on the previous day. The total traded volume was 3,807,045 shares.
In an insider trading activity, Skidmore David K, director of Energy Transfer Partners, L.P., executed a transaction worth $85,620 on March 16, 2016. A total of 3,000 shares were purchased at an average price of $28.54. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Energy Transfer Partners, L.P. is a master limited partnership. The Companys operating segments 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. It is engaged in natural gas operations, including natural gas midstream and intrastate transportation and storage, and interstate natural gas transportation and storage; Liquids operations, including NGL transportation, storage and fractionation services; product and crude oil operations, including product and crude oil transportation, terminalling services and acquisition and marketing activities and retail marketing of gasoline and middle distillates. It is managed by its general partner Energy Transfer Partners GP, L.P. Its brands include Sunoco, Stripes, Aplus, Aloha Island Mart, Exxon, Valero, Mobil, Shell and Chevron, among others.