Energy News Today

Energy Transfer LP stock falls Tuesday, underperforms market


Shares of Energy Transfer LP
ET,
+1.66%

slid 2.65% to $8.09 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index
COMP,
-0.12%

rising 0.09% to 13,471.57 and the Dow Jones Industrial Average
DJIA,
+0.33%

falling 0.39% to 32,825.95. This was the stock’s second consecutive day of losses. Energy Transfer LP closed $1.46 below its 52-week high ($9.55), which the company achieved on June 8th.

The stock underperformed when compared to some of its competitors Tuesday, as Enterprise Products Partners L.P.
EPD,
+1.90%

fell 1.73% to $23.29, Williams Cos.
WMB,
+0.91%

fell 1.90% to $23.22, and Kinder Morgan Inc.
KMI,
+1.20%

fell 2.51% to $15.92. Trading volume (22.1 M) remained 1.2 million below its 50-day average volume of 23.4 M.


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



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

2021-03-16 02:00:00

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