Energy News Today

Energy Transfer LP stock falls Thursday, underperforms market


Shares of Energy Transfer LP
ET,
+1.37%

slid 1.60% to $6.78 Thursday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index
COMP,
+1.55%

falling 0.72% to 13,865.36 and Dow Jones Industrial Average
DJIA,
+1.85%

falling 0.38% to 31,493.34. This was the stock’s second consecutive day of losses. Energy Transfer LP closed $6.05 short of its 52-week high ($12.83), which the company achieved on February 20th.

Despite its losses, the stock outperformed some of its competitors Thursday, as Enterprise Products Partners L.P.
EPD,
+1.05%

fell 1.69% to $21.57, Williams Cos.
WMB,
+0.62%

fell 3.59% to $22.26, and Kinder Morgan Inc.
KMI,
+1.15%

fell 2.31% to $14.78.true Trading volume (21.0 M) remained 1.4 million below its 50-day average volume of 22.4 M.


Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.



Read More: Energy Transfer LP stock falls Thursday, underperforms market

2021-02-18 02:00:00

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