Shares of Energy Transfer LP
rallied 1.75% to $9.29 Monday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index
falling 0.04% to 15,853.85 and Dow Jones Industrial Average
falling 0.04% to 36,087.45. Energy Transfer LP closed $2.26 below its 52-week high ($11.55), which the company achieved on June 14th.
The stock outperformed some of its competitors Monday, as Enterprise Products Partners L.P.
fell 1.67% to $22.92, Williams Cos.
fell 0.10% to $28.61, and Kinder Morgan Inc.
rose 1.08% to $16.86. Trading volume (18.3 M) eclipsed its 50-day average volume of 15.8 M.
Read More: Energy Transfer LP stock outperforms competitors on strong trading day