Large Outflow of Money Witnessed in Energy Transfer Equity L.P.

Energy Transfer Equity L.P. (ETE) : The total money flow in Energy Transfer Equity L.P. (ETE) was negative ($0.38 million), showing the domination of sellers in the Friday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $0.77 million. Transactions on upticks were comparatively lower at $0.39 million. The uptick to downtick ratio was 0.51. The total block trades on downticks were valued at $0.27 million. The money flow during block trades was negative ($0.27 million) when the stock traded with a gain of $1 cent. Energy Transfer Equity L.P. (ETE) was $16.89, an increase of 0.03% over the previous days close.


Energy Transfer Equity L.P. (ETE) : The most positive equity analysts on Energy Transfer Equity L.P. (ETE) expects the shares to touch $29, whereas, the least positive believes that the stock will trade at $7 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $17.71 with an expected fluctuation of $6.63 from the mean.

Energy Transfer Equity L.P. (NYSE:ETE): On Fridays trading session , Opening price of the stock was $16.86 with an intraday high of $17.0181. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $16.6074. However, the stock managed to close at $16.86, a loss of 0.12% for the day. On the previous day, the stock had closed at $16.88. The total traded volume of the day was 3,767,036 shares.

In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director officer (President) of Energy Transfer Equity, L.P., Mcreynolds John W had purchased shares worth of $1,366,525 in a transaction dated on December 4, 2015. A total of 84,667 shares were purchased at a price of $16.14 per share. 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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