Billionaire Kelcy Warren Streamlines Energy Pipeline Empire

Energy Transfer Equity, L.P. (NYSE:ETE) reported its EPS in the last quarter as $0.47/Share Topping the analyst estimate of $0.25/Share by the difference of $0.22. (NYSE:ETE) stock traded with the volume of 16.36 Million in the last trading session. The last bid price was called at $17.75 and the ask price was stated at $17.76. The rating firm gave a Buy rating to this stock in a research note published on Sep 30, 2016. Energy Transfer Equity in June walked away from a $33 billion deal to acquire rival pipeline operator Williams Companies. The stock stands almost $0.55 off versus the 52-week high of $13.92 and $10.84 above the 52-week low of $2.53. Energy Transfer Partners, L.P.’s (ETP) is a part of Basic Materials sector and belongs to Oil & Gas Pipelines industry.

Same, the positive performance for the quarter recorded as -0.37% and for the year was 1.67%, while the YTD performance remained at 1.36%.

While looking at the Stock’s Performance, Energy Transfer Partners, L.P. now shows a Weekly Performance of -5.58%, where Monthly Performance is 1.78%, Quarterly performance is -6.88%, 6 Months performance is 6.32% and yearly performance percentage is 7.16%.

Energy Transfer Equity, L.P. (NYSE:ETE) reported its last earnings on 11/09/2016.

The transaction is also expected to strengthen the balance sheet of the combined organization by utilizing cash distribution savings to reduce debt and to fund a portion of the growth capital expenditure programs of the two partnerships. They compute consensus projections for Long Term Growth Rates, Broker Ratings, EPS, Revenue and Target Price.

More assets are changing hands in the Energy Transfer Equity LP family of companies, which includes convenience store operator Sunoco LP. They set a “hold” rating and a $17.00 price target for the company. (NYSE:BR) now has mean rating of 2.70 while 2 analysts have commented the shares as “BUY”, 0 recommended as “OUTPERFORM” and 5 commented as “HOLD”.

Energy Transfer Equity, L.P. (NYSE:ETE) is now showing -20% EPS growth this Quarter.

While looking at the Earnings Estimates of the company, The Average Earnings Estimate for the Current Fiscal quarter is measured as $0.25 by 12 analysts. The insider owns 25,848,220 shares which have current market value of around $463200102.4.Ray C. Davis is another major inside shareholder in the company. When the transaction closes, the CEO of the combined company will be Kelcy Warren, now chairman and CEO of ETP, along with three other top executive of ETP. The Return on Equity (ROE) value stands at -2.9%.

The stock’s 50 day moving average is 26.59 and its 200 day moving average is 28.14.

If we look at the Volatility of the company, Week Volatility is 7.13%, whereas Month Volatility is at 5.27%. Revenue also fell short of previous guidance, and despite gross margin gains, net income fell by more than half compared to the second quarter of 2016. Year to Date performance value (YTD perf) value is 22.83%. Sunoco Logistics Partners L.P. makes up approx 0.08% of Oppenheimer Co Inc’s portfolio. A PEG Ratio under one may indicate that the company is undervalued. The investment community uses this figure to determine a company’s size, as opposed to sales or total asset figures.