How Does Energy Transfer Partners (ETP) Stack Up Right Now?

Energy Transfer Partners, L.P. (ETP) is an interesting player in the Basic Materials space, with a focus on Oil & Gas Pipelines. The stock has been active on the tape, currently trading at $19.02, up from yesterday’s close by 0.85%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Energy Transfer Partners, L.P. (ETP) currently trades with a market capitalization of $21.94 Billion. That value represents a market adjusting for revenues that have been growing by 20.09 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of -$3.72 Billion over the past twelve months. Generally speaking, earnings are expected to hold steady in coming quarters. Analysts are forecasting earnings of $0.2 on a per share basis this quarter. Perhaps, that suggests something about why 0.58% of the outstanding share supply is held by institutional investors.

Technical Analysis

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, Energy Transfer Partners, L.P. recorded a 52-week high of $23.72. It is now trading 4.7% off that level. The stock is trading $17.48 its 50-day moving average by -1.54%. The stock carved out a 52-week low down at $15.06.

In recent action, Energy Transfer Partners, L.P. (ETP) has made a move of +5.14% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 15.08, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.65% with $1.09 Billion sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of ETP.

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