Energy Transfer LP (NYSE:ET) traded at a new 52-week high today of $9.92. Approximately 24.8 million shares have changed hands today, as compared to an average 30-day volume of 15.2 million shares.
Energy Transfer LP (NYSE:ET) is currently priced 9.7% above its average consensus analyst price target of $8.95.
In the past 52 weeks, Energy Transfer LP share prices are bracketed by a low of $4.98 and a high of $9.92 and is now at $9.91, 99% above that low price.
Energy Transfer owns a large platform of crude oil, natural gas, and natural gas liquid assets primarily in Texas and the U.S. midcontinent region. Its pipeline network transports about 22 trillion British thermal unit per day of natural gas and 4.3 million barrels per day of crude oil. It also has gathering and processing facilities, one of the largest fractionation facilities in the U.S., and fuel distribution. Energy Transfer also owns the Lake Charles gas liquefaction facility. It combined its publicly traded limited and general partnerships in October 2018.
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