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Energy Transfer LP (ET)
NYSE:ET
Holding ET?
Track your performance easily
ET Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$12.90 - $16.50
Previous Close$16.02
Volume8.31M
Average Volume (3M)15.95M
Market Cap
$55.27B
Enterprise Value$124.83B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$58.43B
Price to Earnings (P/E)13.7
Beta0.62
Next Earnings
Oct 30, 2024EPS Estimate
$0.33Last Dividend Ex-Date
Aug 09, 2024Dividend Yield7.82%
Share Statistics
EPS (TTM)1.18
Shares Outstanding3,422,233,857
10 Day Avg. Volume12,290,452
30 Day Avg. Volume15,951,518
Standard Deviation0.15
R-Squared0.32
Alpha0.00182
Financial Highlights & Ratios
Price to Book (P/B)1602.00
Price to Sales (P/S)0.66
Price to Cash Flow (P/CF)6.10
P/FCF Ratio7.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.49
Enterprise Value/Gross Profit9.14
Enterprise Value/Ebitda3.61
Forecast
1Y Price Target
$19.25Price Target Upside19.20% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Energy Transfer News
PremiumCompany Announcements
Energy Transfer at Citi Conference: Insights and Cautions
PremiumCompany Announcements
Energy Transfer’s Secondary Public Offering and Insider Commitment
Bulls Say, Bears Say
Bulls Say
Capital ExpenditureET raised its 2024 growth capex budget to $3.1B, indicating a strong focus on growth.
EarningsET increased its 2024 EBITDA guide by ~$200m at the midpoint to reflect the close of the WTG acquisition, 2Q marketing outperformance, and underlying base business growth.
Mergers And AcquisitionsET's successful M&A strategy continues to stand out versus peers, and it's hard to rule out more consolidation despite leverage mindfulness.
Bears Say
Capital ExpendituresThe slight negative in the quarter was an increase in capex guidance, now to the top-end of management’s $2-3b range for annual net growth spend.
Ownership ChangesWTG owners announced plans to sell 38.8MM ET units, leaving 12.0MM units retained.
Segment GrowthThere is modest caution on NGL segment growth due to high continued volume and rate competition.
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Ownership Overview
16.82% Insiders
5.46% Mutual Funds
22.11% Other Institutional Investors
55.62% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ET FAQ
What was Energy Transfer LP’s price range in the past 12 months?
Energy Transfer LP lowest stock price was $12.90 and its highest was $16.50 in the past 12 months.
What is Energy Transfer LP’s market cap?
Currently, no data Available
When is Energy Transfer LP’s upcoming earnings report date?
Energy Transfer LP’s upcoming earnings report date is Oct 30, 2024 which is in 41 days.
How were Energy Transfer LP’s earnings last quarter?
Energy Transfer LP released its earnings results on Aug 07, 2024. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.348 by $0.002.
Is Energy Transfer LP overvalued?
According to Wall Street analysts Energy Transfer LP’s price is currently Undervalued.
Does Energy Transfer LP pay dividends?
Energy Transfer LP pays a Quarterly dividend of $0.32 which represents an annual dividend yield of 7.82%. See more information on Energy Transfer LP dividends here
What is Energy Transfer LP’s EPS estimate?
Energy Transfer LP’s EPS estimate is $0.33.
How many shares outstanding does Energy Transfer LP have?
Energy Transfer LP has 3,422,234,000 shares outstanding.
What happened to Energy Transfer LP’s price movement after its last earnings report?
Energy Transfer LP reported an EPS of $0.35 in its last earnings report, beating expectations of $0.348. Following the earnings report the stock price went up 4.05%.
Which hedge fund is a major shareholder of Energy Transfer LP?
Among the largest hedge funds holding Energy Transfer LP’s share is Blackstone Inc.. It holds Energy Transfer LP’s shares valued at 2B.
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Energy Transfer Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$19.25 (19.20% Upside)
$19.25 (19.20% Upside)
Blogger Sentiment
Bullish
ET Sentiment 97%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 4.6M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $47.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 0.1%
Last 30 Days ▼ 0.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
28.36%
12-Months-Change
Fundamentals
Return on Equity
13.15%
Trailing 12-Months
Asset Growth
15.42%
Trailing 12-Months
Company Description
Energy Transfer LP
Energy Transfer LP provides natural gas pipeline transportation and transmission services. Its projects include Marcus Hook Industrial Complex, Mariner east Pipelines, Mont Belvieu facility, Lone Star Express Expansion, Bakken Pipeline and Lake Charles LNG. Energy Transfer was founded in September 2002 and is headquartered in Dallas, TX.
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ET Company Deck
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ET Earnings Call
Q2 2024
0:00 / 0:00
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ET Revenue Breakdown
29.89% Crude sales
29.76% Refined product sales
20.31% NGL sales
14.54% Gathering, transportation and other fees
5.50% Other
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ET Stock 12 Month Forecast
Average Price Target
$19.25
▲(19.20% Upside)
Technical Analysis
Best Analysts Covering ET
1 Year
1 Year Success Rate
19/19 ratings generated profit
1 Year Average Return
+28.64%
reiterated a buy rating 3 months ago
Copying Gabe Moreen's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +28.64% per trade.
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