Two Materials Stocks Are Just So Hot Right Now: Energy Transfer Partners, L.P. (ETP), The Mosaic Company (MOS)

Energy Transfer Partners, L.P. (ETP) ended last trading session with a change of 0.83 percent. It trades at an average volume of 3.12M shares versus 2.88M shares recorded at the end of last trading session. The share price of $36.4 is at a distance of 51.14 percent from its 52-week low and down -11.31 percent versus its peak. The company has a market cap of $20.22B and currently has 555.52M shares outstanding. The share price is currently -4.33 percent versus its SMA20, -1.8 percent versus its SMA50, and 1.47 percent versus its SMA200. The stock has a weekly performance of -5.65 percent and is 4.45 percent year-to-date as of the recent close.

February 16, 2017 — Energy Transfer Partners, L.P. (ETP) and Sunoco Logistics Partners L.P. (SXL) announced that they have successfully completed approximately $3.4 billion of committed debt financing and equity transactions, including the project financing for the Dakota Access Pipeline (“DAPL”) and Energy Transfer Crude Oil Pipeline (“ETCOP”) projects (collectively the “Bakken Pipeline”), as well as the closing of the previously announced sale by ETP and SXL of a 36.75% interest in the Bakken Pipeline to MarEn Bakken Company LLC (“MarEn”), an entity jointly owned by MPLX LP and Enbridge Energy Partners, L.P. ETP’s general partner is owned by Energy Transfer Equity, L.P. (ETE).

The Mosaic Company (MOS) recently recorded -0.24 percent change and currently at $29.12 is 30.32 percent away from its 52-week low and down -14.5 percent versus its peak. It has a past 5-day performance of -1.79 percent and trades at an average volume of 5.11M shares. The stock has a 1-month performance of -7.71 percent and is 0.16 percent year-to-date as of the recent close. There were about 350.4M shares outstanding which made its market cap $10.2B. The share price is currently -7.28 percent versus its SMA20, -6.38 percent versus its SMA50, and 5.79 percent versus its SMA200.

On Feb. 7, 2017 The Mosaic Company (MOS) reported fourth quarter 2016 net earnings of $12 million, down from $155 million in the fourth quarter of 2015. Earnings per diluted share were $0.03, which included a negative $0.23 impact from notable items. Mosaic’s net sales in the fourth quarter of 2016 were $1.9 billion, down from $2.2 billion last year, with lower prices more than offsetting higher phosphate volumes. Operating earnings during the quarter were $74 million, down from $204 million a year ago, driven by lower phosphate and potash prices, partially offset by lower phosphate raw materials costs and effective cost management.