Checking the Overall Picture for Energy Transfer Partners, L.P. (ETP)

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 $17.92, down from yesterday’s close by -0.55%. 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 $20.82 Billion. That value represents a market adjusting for revenues that have been growing by 26.07 % 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 -$2.88 Billion over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.27 on a per share basis this quarter. Perhaps, that suggests something about why 0.39% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how ETP has been acting. Looking at the stock’s movement on the chart, Energy Transfer Partners, L.P. recorded a 52-week high of $26.73. It is now trading 8.81% off that level. The stock is trading $16.98 its 50-day moving average by -0.94%. The stock carved out a 52-week low down at $15.25.

In recent action, Energy Transfer Partners, L.P. (ETP) has made a move of +7.89% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 19.03, 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 1.18% with $1.08 Billion sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of ETP.

Previous articleTRI Pointe Group, Inc. (TPH): What’s the Story?
Next articleHow Does Corcept Therapeutics Incorporated (CORT) Stack Up Right Now?