Energy Transfer Partners, L.P. (ETP) Forms $19.59 Double Bottom; SM Energy Company (SM) Shorts Increased By 6.75%

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Energy Transfer Partners, L.P. (ETP) formed double bottom with $18.41 target or 6.00% below today’s $19.59 share price. Energy Transfer Partners, L.P. (ETP) has $22.82 billion valuation. The stock increased 1.38% or $0.2675 during the last trading session, reaching $19.5875. About 1.50 million shares traded. Energy Transfer Partners, L.P. (NYSE:ETP) has declined 32.38% since May 22, 2017 and is downtrending. It has underperformed by 43.93% the S&P500.

SM Energy Company (NYSE:SM) had an increase of 6.75% in short interest. SM’s SI was 20.55M shares in May as released by FINRA. Its up 6.75% from 19.25 million shares previously. With 3.55 million avg volume, 6 days are for SM Energy Company (NYSE:SM)’s short sellers to cover SM’s short positions. The SI to SM Energy Company’s float is 21.24%. The stock increased 1.82% or $0.4938 during the last trading session, reaching $27.6738. About 509,240 shares traded. SM Energy Company (NYSE:SM) has declined 16.15% since May 22, 2017 and is downtrending. It has underperformed by 27.70% the S&P500.

Investors sentiment is 0.5 in 2017 Q4. Its the same as in 2017Q3. It is the same, as 4 investors sold Energy Transfer Partners, L.P. shares while 8 reduced holdings. only 2 funds opened positions while 4 raised stakes. 1.44 million shares or 96.55% less from 41.68 million shares in 2017Q3 were reported. Monroe Bancshares & Mi invested in 250 shares or 0% of the stock. Old West Invest Management Limited Liability Company reported 89,855 shares. Ironwood Invest Counsel Ltd Liability Company owns 31,664 shares. Summit Equities accumulated 0.11% or 34,452 shares. Eqis Capital Mgmt holds 0.02% or 22,910 shares in its portfolio. 186,515 were accumulated by Grassi Invest. Vantage Advsr Lc holds 0% or 375 shares. Focused Wealth Mgmt accumulated 1,217 shares or 0.01% of the stock. Cap Invest Advisors Limited Liability Corporation holds 0.19% or 159,114 shares in its portfolio. Amer Rech Mngmt has 0.18% invested in Energy Transfer Partners, L.P. (NYSE:ETP). Bush Odonnell Advisors reported 16,434 shares or 0.24% of all its holdings. Monetary Mgmt reported 2,000 shares or 0.01% of all its holdings. Van Hulzen Asset Management Limited Liability Corporation stated it has 13,301 shares. Welch Grp Limited Liability holds 0.04% or 14,780 shares in its portfolio. Adams Asset Advisors Lc owns 281,830 shares or 0.62% of their US portfolio.

Among 21 analysts covering Energy Transfer Partners (NYSE:ETP), 15 have Buy rating, 0 Sell and 6 Hold. Therefore 71% are positive. Energy Transfer Partners has $68 highest and $20 lowest target. $29.50’s average target is 50.61% above currents $19.5875 stock price. Energy Transfer Partners had 71 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was downgraded by U.S. Capital Advisors to “Hold” on Thursday, January 4. The rating was initiated by Stephens on Thursday, September 29 with “Overweight”. The stock of Energy Transfer Partners, L.P. (NYSE:ETP) earned “Overweight” rating by Barclays Capital on Friday, August 5. Stifel Nicolaus maintained it with “Buy” rating and $24 target in Thursday, July 13 report. The rating was upgraded by Credit Suisse to “Outperform” on Tuesday, May 9. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, August 15. RBC Capital Markets maintained the shares of ETP in report on Tuesday, January 16 with “Buy” rating. The firm earned “Buy” rating on Friday, February 23 by Stifel Nicolaus. The rating was maintained by BMO Capital Markets with “Hold” on Thursday, October 12. Stifel Nicolaus upgraded the stock to “Buy” rating in Friday, August 5 report.

Analysts await Energy Transfer Partners, L.P. (NYSE:ETP) to report earnings on August, 14. They expect $0.25 earnings per share, up 725.00% or $0.29 from last year’s $-0.04 per share. ETP’s profit will be $291.28 million for 19.59 P/E if the $0.25 EPS becomes a reality. After $0.24 actual earnings per share reported by Energy Transfer Partners, L.P. for the previous quarter, Wall Street now forecasts 4.17% EPS growth.

Among 28 analysts covering SM Energy (NYSE:SM), 21 have Buy rating, 0 Sell and 7 Hold. Therefore 75% are positive. SM Energy had 95 analyst reports since July 21, 2015 according to SRatingsIntel. The company was upgraded on Tuesday, August 9 by KLR Group. The stock of SM Energy Company (NYSE:SM) has “Buy” rating given on Friday, May 4 by Williams Capital Group. The firm has “Neutral” rating given on Wednesday, July 19 by Bank of America. The firm earned “Buy” rating on Sunday, April 22 by Stifel Nicolaus. The firm earned “Hold” rating on Wednesday, June 21 by BMO Capital Markets. RBC Capital Markets maintained the shares of SM in report on Monday, November 6 with “Hold” rating. FBR Capital initiated the stock with “Buy” rating in Monday, February 5 report. The stock of SM Energy Company (NYSE:SM) earned “Overweight” rating by KeyBanc Capital Markets on Wednesday, August 10. The firm has “Buy” rating given on Monday, November 2 by Guggenheim. J.P. Morgan upgraded SM Energy Company (NYSE:SM) on Monday, October 23 to “Buy” rating.

SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America. The company has market cap of $3.09 billion. It primarily has activities in the South Texas and Gulf Coast, Rocky Mountain, and Permian regions. It currently has negative earnings. As of December 31, 2016, the firm had 395.8 million barrels of oil equivalent of estimated proved reserves; and working interests in 841 net productive oil wells and 704 net productive gas wells.

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