|Day Low/High||18.14 / 18.55|
|52 Wk Low/High||17.85 / 28.14|
Pipeline operators Energy Transfer Partners and Sunoco Logistics were lower on Monday after being told to find an alternate route for the Dakota Access pipeline project.
Several major pipeline companies in the U.S. should benefit from renewed investor interest following Donald Trump's win, says Mizuho.
Not too long ago, it was best to stay from foreign assets and energy exposure. That was then, this is now.
Shares of Sunoco Logistics are up 7% thus far in 2016 after plummeting 34% last year.
Shares of EQT Midstream Partners LP are only down 7% in the past year, far less than most other pipeline players.
ETP is truly distinct from its brethren, operating in a rare area experiencing demand.
The odds favor a failure to break higher and another pullback, so you might want to add some short positions.