Energy Transfer Equity LP
ETE:NYSE
| Last | Change / % Change | Dividend Yield | Volume |
| 45.75 | 1.09 2.44% | 5.46% | 1,805,441 |
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Latest News Headlines for Energy Transfer Equity LP
Trading Higher on Heavy Volume are Shares of Energy Transfer Equity on 2.1x Above-Average Volume (ETE)
Shares of Energy Transfer Equity are trading up 1.9% to $45.50 today on above average volume. Today's volume of 1.1 million shares tops the average 30-day volume of 541,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.
Energy Transfer Equity Shares Climbing Higher, Up 1.9%
Energy Transfer Equity (NYSE:ETE) is one of today's biggest movers, up 1.9% to $45.50. The S&P; is trading higher by 0.3% to 1,466 and the Dow is trading 0.4% higher to 13,631.
Energy Transfer Equity, L.P. owns equity interests in Energy Transfer Partners, a limited partnership involved in the natural gas midstream, transportation, and storage business, as well as a retail propane business.
Energy Transfer Partners and Sunoco Announce Successful Completion of Merger
View more recent headlinesEnergy Transfer Partners, L.P. (NYSE:ETP) and Sunoco, Inc.
(NYSE:SUN) today announced the successful completion of the previously
announced merger of a wholly owned subsidiary of ETP, with and into
Sunoco, with Sunoco surviving the merger as a subsidiary of ETP.
Company Background
Energy Transfer Equity, L.P. (Energy Transfer Equity) is a limited partnership company. The Company has two segments: Investment in ETP and Investment in Regency. ETP is operating a diversified portfolio of energy assets. ETP has natural gas operations that include more than 17, 500 miles of gathering and transportation pipelines, treating and processing assets, and three storage facilities located in Texas. ETP also holds a 70% membership interest in Lone Star NGL LLC (Lone Star), a joint venture that owns and operates natural gas liquid (NGL) storage, fractionation and transportation assets in Texas, Louisiana and Mississippi. Regency is engaged in the gathering and processing, contract compression, treating and transportation of natural gas and the transportation, fractionation and storage of NGLs. Regency also holds a 30% membership interest in Lone Star. In May 2011, the Company acquired LDH Energy Asset Holdings LLC (LDH).
Bid/Size -- / -- | Ask/Size -- / -- |
Price Open 44.69 | Previous Close 44.66 |
Day High 45.76 | Day Low 44.54 |
52wk High/Date 46.07 / 9/19/2012 | 52wk Low/Date 32.721 / 10/6/2011 |
Beta (5 Yr) 0.8 | Market Capitalization 12.8B |
Shares Outstanding 280.0M | Volatility Avg 23.48 |
Avg Vol(10 day) 716.7K | P/E Ratio 28.4x |
EPS(TTM) 1.61 | Yield 5.46% |
Dividend Announcement 7/26/2012 | Ex-Date 8/2/2012 |
Payable 0.625 - QRTR | Payable Date 8/17/2012 |
Date of Record 8/6/2012 | |
Last Trade as of 10/5/2012 4:00 PM ET | |
ETE Energy Transfer Equity LP vs. Peers
| Peers | |
|---|---|
ETE Energy Transfer Equity LP | 12.74% |
Crosstex Energy, L.P. | 0.25% |
Atmos Energy Corporation | 8.19% |
AmeriGas Partners, L.P. | -4.70% |
DCP Midstream Partners, LP | -2.17% |
ETE Energy Transfer Equity LP | 5.46% |
Crosstex Energy, L.P. | 8.12% |
Atmos Energy Corporation | 3.82% |
AmeriGas Partners, L.P. | 7.31% |
DCP Midstream Partners, LP | 5.77% |
ETE Energy Transfer Equity LP | 2.44% |
Crosstex Energy, L.P. | 2.01% |
Atmos Energy Corporation | 0.45% |
AmeriGas Partners, L.P. | -0.59% |
DCP Midstream Partners, LP | -0.19% |