Where Energy Transfer Partners Could Trade in the Next 7 Days


Mar. 22 2018, Updated 7:31 a.m. ET

Energy Transfer Partners’ implied volatility

Energy Transfer Partners’ (ETP) 30-day implied volatility was 29.2% as of March 19, 2018—higher than the 15-day average of 26.8%. At the same time, Energy Transfer Equity (ETE) has an implied volatility of 35.0%. Energy Transfer Equity’s higher implied volatility is due to its higher liquidity and dependence on the limited partnership for distribution income.

Kinder Morgan (KMI) and ONEOK (OKE) have an implied volatility of 26.5% and 22.6%, respectively. In comparison, the Alerian MLP ETF (AMLP) has an implied volatility of 25.6%. Usually, Energy Transfer Partners has a higher implied volatility compared to AMLP. Energy Transfer Partners has slightly higher commodity price exposure compared to most AMLP constituents.

Article continues below advertisement

Energy Transfer Partners’ price forecast

Based on its current implied volatility, Energy Transfer Partners might trade in the range of $15.72–$17.04 in the next seven days. The stock is expected to trade within this range with a 60% probability—assuming a standard deviation of one and a normal distribution of prices.


More From Market Realist

    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.