Energy Transfer LP stock slips 1.24% but outperforms rivals
Updated
Updated · MarketWatch · May 1
Energy Transfer LP stock slips 1.24% but outperforms rivals
5 articles · Updated · MarketWatch · May 1
The shares closed at $19.94, ending a three-day winning streak, while the Nasdaq rose 0.89% and the Dow fell 0.31% in a mixed session.
Energy Transfer finished 1.29% below its 52-week high of $20.20 reached on 30 April, as Enterprise Products Partners fell 1.73% and Williams dropped 1.01%.
Trading volume was 15.2 million shares, about 550,237 below its 50-day average of 15.8 million, suggesting lighter-than-usual activity despite the stock's relative outperformance.
With a payout ratio over 100%, can Energy Transfer's promised dividend growth truly be sustained?
After suspending its Lake Charles LNG project, what is Energy Transfer’s real plan for the massive export terminal?
How will Trump’s Defense Production Act order actually accelerate ET’s massive new energy projects?