Energy News Today

Energy Transfer LP stock outperforms market despite losses on the day


Shares of Energy Transfer LP
ET,
-1.71%

slid 1.38% to $7.87 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index
COMP,
-0.82%

falling 2.70% to 12,997.75 and Dow Jones Industrial Average
DJIA,
-0.25%

falling 0.39% to 31,270.09. This was the stock’s second consecutive day of losses. Energy Transfer LP closed $3.98 short of its 52-week high ($11.85), which the company reached on March 4th.

The stock underperformed when compared to some of its competitors Wednesday, as Enterprise Products Partners L.P.
EPD,
-0.97%

rose 0.36% to $22.43, Williams Cos.
WMB,
-1.20%

rose 0.08% to $23.74, and Kinder Morgan Inc.
KMI,
-1.01%

rose 0.53% to $15.17. Trading volume (17.5 M) remained 6.3 million below its 50-day average volume of 23.8 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 outperforms market despite losses on the day

2021-03-03 02:00:00

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