Energy Transfer Partners L.P. (ETP): Today's Highlighted Laggard In Energy

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.

Energy Transfer Partners L.P ( ETP) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 0.9%. By the end of trading, Energy Transfer Partners L.P fell $1.78 (-3.5%) to $48.57 on heavy volume. Throughout the day, 8.7 million shares of Energy Transfer Partners L.P exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in price between $48.05-$49.90 after having opened the day at $48.21 as compared to the previous trading day's close of $50.35. Other companies within the Energy industry that declined today were: GeoPetro Resources Company ( GPR), down 18.9%, New Concept Energy ( GBR), down 9.7%, Ivanhoe Energy ( IVAN), down 4.3%, and TransGlobe Energy Corporation ( TGA), down 3.5%.
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Energy Transfer Partners, L.P. engages in the natural gas midstream, and intrastate transportation and storage businesses in the United States. Energy Transfer Partners L.P has a market cap of $15.18 billion and is part of the basic materials sector. The company has a P/E ratio of 11.3, below the S&P 500 P/E ratio of 17.7. Shares are up 17.3% year to date as of the close of trading on Thursday. Currently there are six analysts that rate Energy Transfer Partners L.P a buy, no analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates Energy Transfer Partners L.P as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in stock price during the past year, compelling growth in net income, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the positive front, Gastar Exploration ( GST), up 16.6%, Camac Energy ( CAK), up 16.5%, Andatee China Marine Fuel Services Corporat ( AMCF), up 13.8%, and Penn Virginia Corporation ( PVA), up 11.4%, were all gainers within the energy industry with Petroleo Brasileiro SA Petrobras ( PBR) being today's featured energy industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR ( XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas ( DDG).

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