In a filing, Energy Transfer LP revealed its Co-CEO MCCREA MARSHALL S III acquired Company’s shares for reported $0.66 million on Dec 12 ’23. In the deal valued at $13.19 per share,50,000 shares were bought. As a result of this transaction, MCCREA MARSHALL S III now holds 7,272,754 shares worth roughly $116.07 million.
Then, Mason Thomas P bought 8,000 shares, generating $105,360 in total proceeds. Upon buying the shares at $13.17, the EVP & Pres. LNG now owns 1,715,720 shares.
Before that, Whitehurst Bradford D. bought 10,000 shares. Energy Transfer LP shares valued at $131,000 were divested by the EVP at a price of $13.10 per share. As a result of the transaction, Whitehurst Bradford D. now holds 1,323,055 shares, worth roughly $21.12 million.
A number of analysts have revised their coverage, including Pickering Energy Partners’s analysts, who began to cover the stock in early October with a ‘”an Outperform”‘ rating. Citigroup began covering ET with “Buy” recommendation on December 09, 2022.
Price Performance Review of ET
On Friday, Energy Transfer LP [NYSE:ET] saw its stock jump 0.13% to $15.96. Over the last five days, the stock has gained 1.20%. Energy Transfer LP shares have risen nearly 15.65% since the year began. Nevertheless, the stocks have risen 27.88% over the past one year. While a 52-week high of $16.04 was reached on 04/04/24, a 52-week low of $12.18 was recorded on 01/18/24. SMA at 50 days reached $15.33, while 200 days put it at $14.02. A total of 5.34 million shares were traded, compared to the trading of 8.51 million shares in the previous session.
Levels Of Support And Resistance For ET Stock
The 24-hour chart illustrates a support level at 15.89, which if violated will result in even more drops to 15.82. On the upside, there is a resistance level at 16.00. A further resistance level may holdings at 16.04. The Relative Strength Index (RSI) on the 14-day chart is 63.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 1.97%. Stochastics %K at 94.42% indicates the stock is a selling.
