Energy News Today

Energy Transfer LP stock underperforms Thursday when compared to competitors


Shares of Energy Transfer LP
ET,
-2.05%

slid 2.53% to $11.55 Thursday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index
COMP,
-3.08%

falling 0.68% to 11,073.31 and Dow Jones Industrial Average
DJIA,
-1.34%

falling 1.15% to 29,926.94. The stock’s fall snapped a four-day winning streak. Energy Transfer LP closed $0.94 below its 52-week high ($12.49), which the company reached on August 24th.

The stock underperformed when compared to some of its competitors Thursday, as Enterprise Products Partners L.P.
EPD,
-0.28%

rose 0.20% to $24.91, Williams Cos.
WMB,
-3.29%

fell 1.15% to $30.11, and Kinder Morgan Inc.
KMI,
-2.55%

fell 1.75% to $17.39. Trading volume (16.5 M) remained 3.1 million below its 50-day average volume of 19.7 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 underperforms Thursday when compared to competitors

2022-10-06 15:51:00

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