|Day's Range||35.63 - 36.32|
|52 Week Range||30.09 - 39.43|
|PE Ratio (TTM)||73.90|
|Dividend & Yield||2.16 (5.98%)|
|1y Target Est||N/A|
When it comes to the large energy companies, BP plc (ADR) (NYSE:BP) has been the proverbial whipping boy since 2010. BP stock traded around $60 at its 2010 highs, and the closest it got to returning to those levels was in mid-2014 … right before oil prices plunged like a rock, taking the entire energy sector with them. BP reportedly is considering going old school and using a trick adopted by many oil and gas companies to monetize one of their biggest assets.
On July 13, 2017, Stifel started coverage on Energy Transfer Equity (ETE) with a “buy” rating. Stifel has given a price target of $20 for ETE.
Even as the oil market remains under pressure the top master limited partnerships still could give investors attractive returns.