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Energy Transfer Equity (ETE) Jumps: Stock Adds 6.1% in Session

Energy Transfer Equity, L.P.ETE was a big mover last session, as the company saw its shares rise over 6% on the day. The move led to solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 38.1% in the last one month.

The company has seen no estimate revisions in the past 7 days and the Zacks Consensus Estimate has also remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Energy Transfer Equity currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.

Another top-ranked oil stock is Boardwalk Pipeline Partners, LP BWP , sporting a Zacks Rank #1.

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ENERGY TRAN EQT (ETE): Free Stock Analysis Report

BOARDWALK PIPLN (BWP): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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