Energy News Today

Energy Transfer LP stock falls Wednesday, still outperforms market


Shares of Energy Transfer LP
ET,
-4.55%

slipped 0.59% to $11.86 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index
COMP,
-1.37%

falling 1.79% to 11,220.19 and Dow Jones Industrial Average
DJIA,
-0.35%

falling 1.70% to 30,183.78. The stock’s fall snapped a two-day winning streak. Energy Transfer LP closed $0.63 below its 52-week high ($12.49), which the company achieved on August 24th.

Despite its losses, the stock outperformed some of its competitors Wednesday, as Enterprise Products Partners L.P.
EPD,
-1.93%

fell 1.55% to $25.41, Williams Cos.
WMB,
-0.99%

fell 1.13% to $31.47, and Kinder Morgan Inc.
KMI,
-1.14%

fell 2.12% to $17.52.true Trading volume (20.2 M) eclipsed its 50-day average volume of 17.2 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 Wednesday, still outperforms market

2022-09-21 15:52:00

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy
%d bloggers like this: