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Traders Recap: Energy Transfer Equity, L.P. (ETE), V.F. Corporation (VFC), Norwegian Cruise Line Holdings Ltd. (NCLH)


Energy Transfer Equity, L.P. (ETE) continued its downward trend with the stock declining -0.39% or $-0.07 to close the day at $17.95 on lower than average trading volume of 5.38M shares, compared to its three month average trading volume of 7.04M. The Dallas Texas 75225 based company has been outperforming the oil & gas pipelines companies by 21.2419% for last three months and its recent gains have offset losses to -7.04% YTD, versus the oil & gas pipelines industry which is up 2.56% for the same period. The RSI of 43.39 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Energy Transfer Equity, L.P. provides diversified energy-related services in the Unites States. It owns and operates approximately 7,500 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 12,300 miles of interstate natural gas pipelines. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. Its midstream operations include ownership and operation of approximately 35,000 miles of in service natural gas pipelines, 31 natural gas processing plants, 21 natural gas treating facilities, and 4 natural gas conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, and Louisiana; operation of natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas, as well as a natural gas gathering system in Ohio; and transportation and supply of water to natural gas producers in Pennsylvania. The company’s natural gas liquid (NGL) transportation and services operations include ownership of approximately 2,000 miles of NGL pipelines, three NGL processing plants, four NGL and propane fractionation facilities, and NGL storage facilities. It also sells gasoline and middle distillates at retail; operates convenience stores primarily on the east coast and in the Midwest region of the United States; and gathers, purchases, stores, transports, markets, and sells crude oil, NGLs, and refined products. In addition, it provides natural gas compression services; treating services, such as carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates a total of 75 megawatts electrical power. The company was founded in 2002 and is based in Dallas, Texas.

V.F. Corporation (VFC) had a active trading with around 6.36M shares changing hands compared to its three month average trading volume of 3.12M. The stock traded between $49.65 and $51.5 before closing at the price of $51.48 with 0.25% change on the day. The Greensboro North Carolina 27408 based company is currently trading 2.2% above its 52 week low of $49.65 and -21.54% below its 52 week high of $67.1. Both the RSI indicator and target price of 42.94 and $58.79 respectively, lead us to believe that it should be put on hold over the coming weeks.

V.F. Corporation engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products in the United States and Europe. The company primarily offers outdoor apparel, footwear and equipment, youth culture/action sports-inspired footwear, handbags, luggage, backpacks, totes, accessories, surfing-inspired footwear, merino wool socks, women’s activewear, and travel accessories under the The North Face, Vans, Timberland, Kipling, Napapijri, Jansport, Reef, Smartwool, Eastpak, lucy, and Eagle Creek brands. It also provides denim, casual apparel, footwear, and accessories under the Wrangler, Lee, Lee Casuals, Riders by Lee, Rustler, Timber Creek by Wrangler, and Rock & Republic brands. In addition, the company offers occupational, protective occupational, athletic, licensed athletic, and licensed apparel products under the Red Kap, Bulwark, Horace Small, Majestic, MLB, NFL, and Harley-Davidson brands; sportswear apparel, luggage, and accessories under the Nautica brand; and handbags, luggage, backpacks, totes, and accessories under the Kipling brand. Further, it provides premium denim apparel, footwear, and accessories under the 7 For All Mankind, Splendid, and Ella Moss brands. The company sells its products primarily to specialty stores, department stores, national chains, and mass merchants, as well as sells through company operated stores, concession retail stores, and e-commerce sites. V.F. Corporation was founded in 1899 and is headquartered in Greensboro, North Carolina.

Norwegian Cruise Line Holdings Ltd. (NCLH) traded within a range of $46.83 to $48.11 after opening the day at $47.88. The company has seen its stock increase in value by 10.51% so far this year. The stock was down close to -2.14% on active volume in last trading session and closed at $47 per share. After the recent fall, the stock is currently holding -15.45% below its 52 week high of $55.59 and 37.59% above its 12-month low of $34.16. The shares are up by over 22.91% in the last three months, and the RSI indicator value of 59.46 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Norwegian Cruise Line Holdings Ltd. operates as a cruise line company that offers various itineraries. It provides cruises ranging from 1 day to 180 days itineraries to approximately 510 destinations worldwide. The company offers its products through independent travel agents, wholesalers, and tour operators. It operates 24 ships under the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands with approximately 46,500 Berths. The company was founded in 1966 and is headquartered in Miami, Florida.


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