Sunoco acquires Energy Transfer Partners for $20 billion

Josh Kim
December 3, 2016

Earnings per share are generally stated to be the single most vital variable in determining a stock's price.

Sumitomo Mitsui Holding owns 764,000 shares or 0.02% of their USA portfolio. About 10.46M shares traded hands or 76.99% up from the average. Relative volume is ratio between current volume and 3-month average value, intraday adjusted. Adding more complexity to the mix is the fact that parent company Energy Transfer Equity owns 81 million of Energy Transfer Partners' Class H Units, which track 90% of the underlying economics of the general partner interest and IDRs of Sunoco Logistics Partners.

Shares of Sunoco Logistics and Energy Transfer Partners fell more than 8 percent Monday, following news of a proposed merger between the two companies. Mizuho analysts disclosed their opinion on Sunoco Logistics Partners L.P. (NYSE:SXL) recently.

Some buy side analysts are also providing their Analysis on Energy Transfer Equity, L.P., where 0 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 0 said it's a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell.

During last 5 trades the stock sticks nearly 5.34%. Sheets Smith Wealth Management now owns 13,051 shares of the company's stock valued at $483,000 after buying an additional 35 shares in the last quarter.

During last 3 month it remained at 0.30%. The performance for the year to date shows a rate of 42.52%.

ATR value of company was 0.92.

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Revenue is expected to range from 170.16 Million to 185.6 Million with an average of 178.72 Million.

Relative Strength Index (RSI) was 66.61.

SXL stock's price is now -22.90% down from its 52-week high and +66.33% up from its 52-week low. Beta factor is used to measure the volatility of the stock. ETE's value Change from Open was at -1.33% with a Gap of 0.45%.

The company announced its last quarter financial performance results on 11/21/2016. Long term growth estimate is on ENERGY TRANSFER PARTNERS is $5. A dividend is a distribution of a portion of a company's earnings decided by its BOD (board of directors) specifically for its shareholders.

Sunoco Logistics Partners L.P. has a 52-week low of $15.43 and a 52-week high of $31.49. Energy Transfer Equity LP has been the topic of 15 analyst reports since October 27, 2015 according to StockzIntelligence Inc. The Median price target for the stock is measured at $20.00. We'll look at the stock price reactions in a later article.

10/16/2016 - Sunoco Logistics Partners L.P. had its "hold" rating reaffirmed by analysts at Jefferies Group. 0 revealed "Sell" signal and "Underweight" rating was declared by 0.

09/29/2016 - Stephens began new coverage on Energy Transfer Equity, L.P. giving the company a "equal-weight" rating. The firm has "Buy" rating by Zacks given on Monday, August 10. Overweight rating was given by "2" and Underweight rating was given by "0". The consensus recommendation 30 days ago for this company stood at 3. It has met expectations 0 times and missed earnings 9 times. However, guidance for fiscal 2017 was weaker than many had expected, especially on the bottom line, and that could hold Cubic stock back.

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