Energy Transfer Equity’s implied volatility

Energy Transfer Equity’s (ETE) 30-day implied volatility was 34.4% as of June 23, 2017. Its peers, ONEOK (OKE) and Williams Companies (WMB) have implied volatilities of 24.1% and 23.1%, respectively, as of June 23. Energy Transfer Equity’s high implied volatility could be attributed to Energy Transfer Partners’ (ETP) relatively high crude oil exposure through crude oil marketing and natural gas midstream businesses.

Energy Transfer Equity’s Price Forecast amid Market Uncertainties

Price forecast

Energy Transfer Equity might trade at $15.39–$16.93 in the next seven days. The stock price is expected to be within this range 68.0% of the time—assuming a normal distribution of prices and using a standard deviation of one.

Latest articles

WeWork is gearing up for an IPO. On Wednesday, the company made its IPO filing with the SEC public and expects to garner $3.5 billion from its IPO.

After FCC Chairman Ajit Pai recommended the approval of the T-Mobile–Sprint merger, Representative David Cicilline urged the FCC to allow public comment.

Cresco Labs (CRLBF) is set to report its Q2 earnings on August 21 after the market closes. The company's stock fell 5.3% yesterday.

Cannabis stocks mostly traded in positive territory today. Supreme Cannabis (FIRE) and Aurora Cannabis (ACB) rose about 9.5% and 5.5%, respectively.

NVIDIA (NVDA) stock soared 6% in today’s trading session as its Q2 earnings for fiscal 2020 beat estimates. However, its guidance missed estimates.

Nio Inc. (NIO) has disrupted the automotive space since 2014 but only made waves in the market since its IPO. Investors have suffered numerous setbacks.