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Energy Transfer Equity’s Market Performance: Key Highlights

What to Expect from ETE’s, ETP’s, and SXL’s 1Q16 Earnings

Energy Transfer Equity’s market performance

Energy Transfer Equity (ETE) is among the most-talked-about companies in the midstream energy sector following its merger agreement with Williams Companies (WMB). It’s lost 5.8% of its market value since the beginning of 2016 and 61.3% in the past year. Williams Companies has lost 61.6% in the past year.

ETE’s subsidiaries, Energy Transfer Partners (ETP) and Sunoco Logistics Partners (SXL), have returned 1.3% and 10.0% in 2016. At the same time, the Alerian MLP ETF (AMLP), which comprises 24 midstream energy MLPs, has returned -0.2%. Together, ETP and SXL form 15.5% of AMLP.

Uncertainties surrounding the ETE-WMB merger

ETE’s loss can be attributed to...