Energy News Today

Energy Transfer LP stock rises Friday, still underperforms market


Shares of Energy Transfer LP
ET,
+0.40%

inched 0.69% higher to $11.65 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index
COMP,
+0.90%

rising 3.33% to 12,131.13 and the Dow Jones Industrial Average
DJIA,
+1.05%

rising 1.76% to 33,212.96. This was the stock’s third consecutive day of gains. Energy Transfer LP closed $0.83 short of its 52-week high ($12.48), which the company achieved on May 5th.

The stock underperformed when compared to some of its competitors Friday, as Enterprise Products Partners L.P.
EPD,
+1.07%

rose 0.80% to $27.60, Williams Cos.
WMB,
+0.26%

rose 1.46% to $37.46, and Kinder Morgan Inc.
KMI,
+1.31%

rose 1.63% to $19.94. Trading volume (19.2 M) remained 3.7 million below its 50-day average volume of 22.8 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 rises Friday, still underperforms market

2022-05-27 02:00:00

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