Somewhat Positive Press Coverage Somewhat Unlikely to Impact Energy Transfer Partners (ETP) Share Price
Media stories about Energy Transfer Partners (NYSE:ETP) have been trending somewhat positive recently, according to Accern Sentiment. Accern scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Energy Transfer Partners earned a coverage optimism score of 0.02 on Accern’s scale. Accern also assigned media coverage about the pipeline company an impact score of 46.2958366481703 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern Sentiment’s rankings:
- Energy Transfer Partners (ETP) Downgraded by ValuEngine (americanbankingnews.com)
- First Trust Advisors LP Increases Position in Energy Transfer Partners LP (ETP) (americanbankingnews.com)
- $0.22 EPS Expected for Energy Transfer Partners LP (ETP) This Quarter (americanbankingnews.com)
- Energy Transfer Partners LP (ETP) Shares Bought by Haverford Trust Co. (americanbankingnews.com)
- Edge Advisors LLC Has $3.11 Million Holdings in Energy Transfer Partners LP (ETP) (americanbankingnews.com)
Shares of Energy Transfer Partners (NYSE ETP) traded down $0.09 during mid-day trading on Friday, reaching $17.99. The company had a trading volume of 5,510,000 shares, compared to its average volume of 7,380,000. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.61 and a current ratio of 0.93. The stock has a market capitalization of $20,790.00, a PE ratio of -35.27, a P/E/G ratio of 1.05 and a beta of 0.93. Energy Transfer Partners has a 52 week low of $15.25 and a 52 week high of $25.86.
A number of equities research analysts have commented on ETP shares. Stifel Nicolaus reiterated a “buy” rating and issued a $21.00 price target (down from $24.00) on shares of Energy Transfer Partners in a research note on Thursday, November 9th. Zacks Investment Research upgraded Energy Transfer Partners from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a research note on Tuesday, November 14th. Morgan Stanley reduced their price objective on Energy Transfer Partners from $25.00 to $23.00 and set an “equal weight” rating for the company in a research note on Friday, November 17th. Robert W. Baird set a $28.00 price objective on Energy Transfer Partners and gave the stock a “buy” rating in a research note on Saturday, November 18th. Finally, ValuEngine upgraded Energy Transfer Partners from a “sell” rating to a “hold” rating in a research note on Friday, December 1st. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $25.86.
Energy Transfer Partners Company Profile
Energy Transfer Partners, L.P., formerly Sunoco Logistics Partners L.P., owns and operates a logistics business. The Company is engaged in the transport, terminaling and storage of crude oil, refined products and natural gas liquids (NGLs). The Company’s segments include Crude Oil, Natural Gas Liquids and Refined Products.
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