Energy Transfer Partners L.P Rises On Unusually High Volume (ETP)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Energy Transfer Partners L.P (NYSE: ETP) is trading at unusually high volume Friday with 5.9 million shares changing hands. It is currently at four times its average daily volume and trading up $2.01 (+4.8%) at $43.63 as of 2:20 p.m. ET.

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Energy Transfer Partners L.P has a market cap of $10.25 billion and is part of the basic materials sector and energy industry. Shares are down 8.5% year to date as of the close of trading on Thursday.

Energy Transfer Partners, L.P. engages in the natural gas midstream, and intrastate transportation and storage businesses in the United States. The company has a P/E ratio of 9.2, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Energy Transfer Partners L.P as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Energy Transfer Partners L.P Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

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