Energy Transfer Equity’s Price Forecast amid Market Uncertainties

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.