Shares of Energy Transfer LP ET, +1.43% rose 1.43% to $15.56 Monday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +0.82% rising 0.82% to 16,103.45 and the Dow Jones Industrial Average DJIA, +0.20% rising 0.20% to 38,790.43.
This was the stock’s second consecutive day of gains.
Energy Transfer LP hit a new 52-week high, surpassing its previous peak of $15.37, which the company reached on March 15th.
The stock outperformed some of its competitors Monday, as Enterprise Products Partners L.P. EPD, +0.45% rose 0.45% to $28.77 and Williams Cos. WMB, +0.59% rose 0.59% to $37.22.
Trading volume (9.6 M) remained 3.2 million below its 50-day average volume of 12.8 M.