U.S. Markets open in 7 hrs 11 mins

How Energy Transfer Stock Has Fared

Vincent Kruger
How Energy Transfer Stock Has Fared

Energy Transfer Equity and Energy Transfer Partners completed their previously announced merger and began trading as Energy Transfer (ET) on October 19. ET stock has been weak, mirroring peers’ performances so far this year despite strength in crude oil prices. ET stock is down about 7%, while the Alerian MLP ETF (AMLP) has lost 4% so far this year. Crude oil prices have soared 20% in the same period.