Energy Transfer LP (ET)

NYSE: ET · IEX Real-Time Price · USD
15.73
+0.19 (1.22%)
At close: Mar 28, 2024, 4:00 PM
15.75
+0.01 (0.10%)
After-hours: Mar 28, 2024, 7:58 PM EDT

Total Valuation

ET has a market cap or net worth of $52.33 billion. The enterprise value is $105.33 billion.

Market Cap 52.33B
Enterprise Value 105.33B

Important Dates

The next estimated earnings date is Tuesday, April 30, 2024, after market close.

Earnings Date Apr 30, 2024
Ex-Dividend Date Feb 6, 2024

Share Statistics

ET has 3.37 billion shares outstanding. The number of shares has increased by 1.83% in one year.

Shares Outstanding 3.37B
Shares Change (YoY) +1.83%
Shares Change (QoQ) +0.06%
Owned by Insiders (%) 10.13%
Owned by Institutions (%) 34.18%
Float 3.03B

Valuation Ratios

The trailing PE ratio is 14.43 and the forward PE ratio is 9.97. ET's PEG ratio is 0.58.

PE Ratio 14.43
Forward PE 9.97
PS Ratio 0.67
Forward PS 0.56
PB Ratio 1.43
P/FCF Ratio 8.15
PEG Ratio 0.58
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.40, with an EV/FCF ratio of 16.40.

EV / Earnings 30.36
EV / Sales 1.34
EV / EBITDA 9.40
EV / EBIT 15.45
EV / FCF 16.40

Financial Position

The company has a current ratio of 1.10, with a Debt / Equity ratio of 1.45.

Current Ratio 1.10
Quick Ratio 0.83
Debt / Equity 1.45
Debt / EBITDA 4.75
Debt / FCF 8.29
Interest Coverage 2.64

Financial Efficiency

Return on equity (ROE) is 10.20% and return on invested capital (ROIC) is 8.57%.

Return on Equity (ROE) 10.20%
Return on Assets (ROA) 3.20%
Return on Capital (ROIC) 8.57%
Revenue Per Employee $5.70M
Profits Per Employee $251,632
Employee Count 13,786
Asset Turnover 0.73
Inventory Turnover 24.52

Taxes

In the past 12 months, ET has paid $303.00 million in taxes.

Income Tax 303.00M
Effective Tax Rate 8.03%

Stock Price Statistics

The stock price has increased by +30.54% in the last 52 weeks. The beta is 1.64, so ET's price volatility has been higher than the market average.

Beta (1Y) 1.64
52-Week Price Change +30.54%
50-Day Moving Average 14.71
200-Day Moving Average 13.73
Relative Strength Index (RSI) 71.08
Average Volume (30 Days) 12,558,721

Short Selling Information

The latest short interest is 37.99 million, so 1.13% of the outstanding shares have been sold short.

Short Interest 37.99M
Short Previous Month 41.94M
Short % of Shares Out 1.13%
Short % of Float 1.26%
Short Ratio (days to cover) 3.26

Income Statement

In the last 12 months, ET had revenue of $78.59 billion and earned $3.47 billion in profits. Earnings per share was $1.09.

Revenue 78.59B
Gross Profit 18.05B
Operating Income 8.30B
Pretax Income 4.24B
Net Income 3.47B
EBITDA 11.20B
EBIT 6.82B
Earnings Per Share (EPS) $1.09
Full Income Statement

Balance Sheet

The company has $227.00 million in cash and $53.22 billion in debt, giving a net cash position of -$53.00 billion or -$15.74 per share.

Cash & Cash Equivalents 227.00M
Total Debt 53.22B
Net Cash -53.00B
Net Cash Per Share -$15.74
Equity / Book Value 36.68B
Book Value Per Share 10.89
Working Capital 1.16B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $9.56 billion and capital expenditures -$3.13 billion, giving a free cash flow of $6.42 billion.

Operating Cash Flow 9.56B
Capital Expenditures -3.13B
Free Cash Flow 6.42B
FCF Per Share $2.04
Full Cash Flow Statement

Margins

Gross margin is 22.96%, with operating and profit margins of 10.56% and 4.41%.

Gross Margin 22.96%
Operating Margin 10.56%
Pretax Margin 5.39%
Profit Margin 4.41%
EBITDA Margin 14.25%
EBIT Margin 8.67%
FCF Margin 8.17%

Dividends & Yields

This stock pays an annual dividend of $1.26, which amounts to a dividend yield of 8.01%.

Dividend Per Share $1.26
Dividend Yield 8.01%
Dividend Growth (YoY) 24.50%
Years of Dividend Growth 2
Payout Ratio 115.60%
Buyback Yield -1.83%
Shareholder Yield 6.18%
Earnings Yield 6.63%
FCF Yield 12.27%
Dividend Details

Analyst Forecast

The average price target for ET is $17.14, which is 8.96% higher than the current price. The consensus rating is "Strong Buy".

Price Target $17.14
Price Target Difference 8.96%
Analyst Consensus Strong Buy
Analyst Count 8
Revenue Growth Forecast (5Y) 4.88%
EPS Growth Forecast (5Y) 19.94%
Stock Forecasts

Stock Splits

The last stock split was on July 27, 2015. It was a forward split with a ratio of 2:1.

Last Split Date Jul 27, 2015
Split Type Forward
Split Ratio 2:1

Scores

Altman Z-Score n/a
Piotroski F-Score 5