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

Energy Transfer Equity L.P. (NYSE:ETE) During the most recent session, the shares traded at 2.12 points or 17.38% higher at $14.32. The money flow data is unimpressive with the net money flow value of $(-12.03) million. As per the intraday data, the upticks measured $109.95 million and the downticks measured $121.97 million. As a result, the up/down ratio registered a value of 0.9. The shares have seen 10.24% price change for the week.A block trade also made an entry with $13.17 million flowing in through upticks while $20.64 million flew out through downticks. The block tradeoff had the up/down ratio of 0.64. The net money flow for this big transaction was $(-7.47) million.


The stock has recorded a 20-day Moving Average of 11.64% and the 50-Day Moving Average is 18.77%. The company shares have dropped 61.92% in the past 52 Weeks. On June 23, 2015 The shares registered one year high of $33.31 and one year low was seen on February 8, 2016 at $4. The 50-day moving average is $12.78 and the 200 day moving average is recorded at $10.14. S&P 500 has rallied 1.93% during the last 52-weeks.

Energy Transfer Equity L.P. (NYSE:ETE): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.15 and $12.10 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.74. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.32, notching a gain of 17.38% for the day. The total traded volume was 41,315,252 . The stock had closed at $12.20 on the previous day.

Currently the company Insiders own 3.28% of Energy Transfer Equity L.P. shares according to the proxy statements. Institutional Investors own 45.15% of Energy Transfer Equity L.P. shares. On the companys insider trading activities, Mcreynolds John W, director officer (President) of Energy Transfer Equity, L.P., executed a transaction worth $1,366,525 on December 4, 2015. A total of 84,667 shares were purchased at an average price of $16.14. 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 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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