Energy Transfer LP (ET)
| Market Cap | 53.75B |
| Revenue (ttm) | 78.59B |
| Net Income (ttm) | 3.47B |
| Shares Out | 3.37B |
| EPS (ttm) | 1.09 |
| PE Ratio | 14.64 |
| Forward PE | 10.07 |
| Dividend | $1.27 (7.96%) |
| Ex-Dividend Date | May 10, 2024 |
| Volume | 5,242,325 |
| Open | 15.93 |
| Previous Close | 15.94 |
| Day's Range | 15.86 - 15.97 |
| 52-Week Range | 12.18 - 16.04 |
| Beta | 1.66 |
| Analysts | Strong Buy |
| Price Target | 17.57 (+10.09%) |
| Earnings Date | May 8, 2024 |
About ET
Energy Transfer LP provides energy-related services. The company owns and operates natural gas transportation pipeline, and natural gas storage facilities in Texas and Oklahoma; and approximately 20,090 miles of interstate natural gas pipeline. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. In addition, the company owns and operates natural gas gathering pipelines, processing plant, and treating and conditioning facilities in Texas, New Mexic... [Read more]
Financial Performance
In 2023, ET's revenue was $78.59 billion, a decrease of -12.56% compared to the previous year's $89.88 billion. Earnings were $3.47 billion, a decrease of -19.88%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for ET stock is "Strong Buy." The 12-month stock price forecast is $17.57, which is an increase of 10.09% from the latest price.
News
Energy Transfer Announces Increase in Quarterly Cash Distribution
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced an increase in its quarterly cash distribution to $0.3175 per Energy Transfer common unit ($1.27 on an annualized basis) for the ...
Energy Transfer LP Announces Cash Distribution on Series I Preferred Units
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (“ET”) today announced the quarterly cash distribution of $0.2111 per Series I Preferred Unit (NYSE: ETprI). The cash distribution for the Series I unithold...
Sunoco LP Completes Acquisition of European Liquid Fuels Terminals and Divestiture of West Texas Assets; Reaffirms 2024 Adjusted EBITDA Guidance Range
DALLAS , April 17, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced the completion of the acquisition of liquid fuels terminals from Zenith Energy and the divest...
Sunoco LP Announces Pricing of Private Offering of Senior Notes
DALLAS , April 16, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") today announced that it has priced at 100% a private offering (the "offering") of 7.000% senior notes due 2029 in an aggregate ...
Sunoco LP Announces Private Offering of Senior Notes
DALLAS , April 16, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") today announced a private offering (the "offering") of senior notes due 2029 in an aggregate principal amount of $750 million (...
Energy Transfer: Is Bill Gross's favourite stock a good buy?
Energy Transfer (NYSE: ET) stock price has staged a strong recovery this year as energy companies continued thriving. It jumped to a high of $16 on Monday, its highest level since June 2015.
5 Dividend Growth Stocks I'm Watching This Quarter
Let's talk about five dividends that are set to soar when the Federal Reserve cuts interest rates.
Sunoco LP Announces First Quarter 2024 Earnings Release and Call Timing
DALLAS , April 5, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that it will release its first quarter 2024 financial and operating results before the market opens on Wednesday, May 8, ...
Snowflake, Inc. Stockholder News: Robbins LLP Reminds Investors of Upcoming Lead Plaintiff Deadline in the SNOW Class Action
SAN DIEGO--(BUSINESS WIRE)---- $ET #SNOW--Robbins LLP Reminds Investors of Upcoming Lead Plaintiff Deadline in the SNOW Class Action.
Energy Transfer Announces First Quarter 2024 Earnings Release and Earnings Call Timing
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced that it plans to release earnings for the first quarter of 2024 on Wednesday, May 8, 2024, after the market closes. The company w...
Energy Transfer LP Announces Full Redemption Of Series E Preferred Units
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today issued a notice to redeem all of its outstanding Series E Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (the “Unit...
Portfolio manager: Buy Energy Transfer stock and avoid Halliburton
As global conflict and OPEC+ price cuts drive oil prices higher (BZ=F, CL=F), the latest edition of Good Buy or Goodbye with Tortoise Senior Portfolio Manager Rob Thummel offers investors the energy s...
Top Wall Street analysts recommend these 3 dividend stocks
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Target and Garmin
Sunoco LP Files 2023 Annual Report on Form 10-K
DALLAS , Feb. 16, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") on February 16, 2024, filed operational and financial results for the fiscal year ended December 31, 2023, on ...
Energy Transfer LP Files 2023 Annual Report
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced it has filed its annual report on Form 10-K for the year ended December 31, 2023 with the Securities and Exchange Commission (SEC...
Energy Transfer Reports Strong Fourth Quarter 2023 Results and Announces 2024 Outlook
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE:ET) (“Energy Transfer” or the “Partnership”) today reported financial results for the quarter and year ended December 31, 2023. Energy Transfer report...
Sunoco LP Announces Fourth Quarter and Full Year 2023 Financial and Operating Results
Delivers record full year 2023 financial and operating results Reports fourth quarter volume of over 2.2 billion gallons, highest in the Partnership's history Reaffirms full year 2024 Adjusted EBITDA(...
Sunoco LP Maintains Quarterly Distribution
DALLAS , Jan. 25, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that the Board of Directors of its general partner declared a quarterly distribution for the fourth quarter of 2023 of $0...
Energy Transfer: Dakota Access oil pipe won't shut after environmental study
Energy Transfer does not expect the U.S. Army Corps of Engineers to shut down the Dakota Access oil pipeline (DAPL) after a long-pending environmental review of a section that runs under a lake and is...
Energy Transfer LP Announces Cash Distributions on Series E and I Preferred Units
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (“ET”) today announced the quarterly cash distribution of $0.4750000 per Series E Preferred Unit (NYSE: ETprE) and the quarterly cash distribution of $0.211...
Sunoco LP Announces Fourth Quarter and Full Year 2023 Earnings Release and Call Timing
DALLAS , Jan. 11, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that it will release its fourth quarter and full year 2023 financial and operating results before the market opens on Wed...
Energy Transfer Announces Fourth Quarter and Full Year 2023 Earnings Release and Earnings Call Timing
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced that it plans to release earnings for the fourth quarter and full year 2023 on Wednesday, February 14, 2024, after the market clo...
Sunoco LP Announces Sale of West Texas Assets, Acquisition of European Liquid Fuels Terminals, and Reaffirms 2024 Adjusted EBITDA Guidance Range
DALLAS , Jan. 11, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced that it has entered into a definitive agreement for the sale of 204 convenience stores to 7-El...
Energy Transfer LP Announces Pricing of $3 Billion of Senior Notes and $800 Million of Fixed-to-Fixed Reset Rate Junior Subordinated Notes
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced the pricing of its concurrent offerings of $1.25 billion aggregate principal amount of 5.550% senior notes due 2034 and $1.75 bil...
Energy Transfer LP Announces Public Offering of Senior Notes and Fixed-to-Fixed Reset Rate Junior Subordinated Notes and Redemption of Select Preferred Units
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced its intention, subject to market and other conditions, to concurrently offer senior notes due 2034 and senior notes due 2054 (tog...