Energy News Today

Energy Transfer LP stock outperforms market despite losses on the day


Shares of Energy Transfer LP
ET,
-0.09%

shed 0.09% to $11.54 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index
COMP,
-3.80%

falling 3.80% to 10,652.40 and Dow Jones Industrial Average
DJIA,
-2.11%

falling 2.11% to 29,296.79. This was the stock’s second consecutive day of losses. Energy Transfer LP closed $0.95 short of its 52-week high ($12.49), which the company achieved on August 24th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Enterprise Products Partners L.P.
EPD,
+0.32%

rose 0.32% to $24.99, Williams Cos.
WMB,
-1.06%

fell 1.06% to $29.79, and Kinder Morgan Inc.
KMI,
-0.86%

fell 0.86% to $17.24. Trading volume (15.2 M) remained 4.4 million below its 50-day average volume of 19.6 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 outperforms market despite losses on the day

2022-10-07 15:51:00

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