Energy Transfer LP (ET)
| Market Cap | 64.58B |
| Revenue (ttm) | 83.66B |
| Net Income (ttm) | 4.59B |
| Shares Out | 3.42B |
| EPS (ttm) | 1.36 |
| PE Ratio | 13.87 |
| Forward PE | 14.56 |
| Dividend | $1.29 (6.85%) |
| Ex-Dividend Date | Nov 8, 2024 |
| Volume | 12,687,793 |
| Open | 18.38 |
| Previous Close | 18.27 |
| Day's Range | 18.32 - 18.86 |
| 52-Week Range | 13.60 - 20.02 |
| Beta | 1.69 |
| Analysts | Strong Buy |
| Price Target | 20.55 (+8.96%) |
| Earnings Date | Feb 12, 2025 |
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, Energy Transfer LP'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 11 analysts, the average rating for ET stock is "Strong Buy." The 12-month stock price forecast is $20.55, which is an increase of 8.96% from the latest price.
News
Buy The Dip: High-Yield High-Growth Stocks Getting Way Too Cheap
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Energy Transfer Signs Agreement to Supply Chevron 2.0 Million Tonnes of LNG Per Annum From Its Lake Charles LNG Export Facility
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced its subsidiary, Energy Transfer LNG Export, LLC (Energy Transfer LNG), has entered into a 20-year LNG Sale and Purchase Agreement...
Of 63 Fortune500 Industry Leaders, 57 Pay Dividends, 38 Test 'Safer' & 1 Is Ideal To Buy
The June/July, 2024 Fortune Magazine revealed 500 biggest U.S. companies by-revenue and profits. Arnold-research focused on 66 December industry-leaders using YCharts 12/13/24 data for Profits from 63...
Energy Transfer's Quiet Path To Gains
Q3 2024 adjusted EBITDA rose 11.8% YoY to $3.96 billion, driven by core business throughput expansion. $2.9 billion planned for 2024 targets NGL exports, Permian Basin facilities, and pipeline upgrade...
I Am Loading Up On These 2 High-Flying High-Yield Sectors For 2025
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11-14% Yields: Give Yourself The Gift Of Dividends For Christmas
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Energy Transfer Has The Ability To Continue Growing
Energy Transfer is a potentially low-risk investment with a 2-5 year price target of $25/share, offering an estimated 12% annual return potential and a 7% dividend yield. The company boasts a strong f...
How Donald Trump's Tariffs Could Impact High-Yield Stocks
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Sunoco LP Announces 2025 Operational and Financial Guidance and Participation in Upcoming Mizuho Power, Energy & Infrastructure Conference
DALLAS , Dec. 9, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced its operational and financial guidance for 2025. Presentation materials discussing the guidance...
Top Wall Street analysts tout these energy stocks for attractive dividends
TipRanks' analyst ranking service spotlights three dividend-paying stocks, including Chevron and Energy Transfer.
Energy Transfer Announces Pipeline Project Connecting Permian Basin Production Supplies to Multiple Markets
DALLAS--(BUSINESS WIRE)--ET announces intrastate natural gas pipeline connecting Permian Basin production to premier markets and trading hubs.
Buying No-Brainer Dividends For The 'Best Four Years Ever'
Scott Bessent's predictions for a Trump presidency suggest economic growth, driven by tariffs as a threat, energy expansion, and manufacturing revival. Trump's second term may focus on broad economic ...
Energy Transfer: This Is Going To Hurt As Williams Already Won Once
Williams is threatening to hold Energy Transfer accountable for what Williams believes is frivolous and possibly intimidating court actions. Energy Transfer's deviation from industry practices has led...
Energy Transfer: Strong Fundamentals But Approaching Fair Value
In recent weeks, Energy Transfer unitholders have enjoyed a big price runup. Over the past month, units are up ~17 percent. Post-3Q fundamentals remain very strong. However, units are approaching my f...
Energy Transfer: Scoop Up This High-Yielding Deal Now
Energy Transfer is a core holding in my portfolio. The company has major growth projects set to be placed into service soon, which should be tangible growth catalysts. Energy Transfer is a financially...
My Favorite Dividend Stocks For The 'New World Order'
I explore the evolving “New World Order,” focusing on geopolitical changes and the U.S.'s strategic responses. This impacts global markets profoundly. Trump's pick for Treasury Secretary, Scott Bessen...
Potential $5,000 Monthly Income: 10 Investments To Buy And Hold For Next 10 Years
We present a highly diversified yet simple portfolio of 10 positions, with 9 funds and one individual MLP stock. The portfolio has been designed for retirees and investors planning for retirement, wit...
Cramer names oil and natural gas stocks set to do well under Trump
CNBC's Jim Cramer said that stocks related to oil and natural gas will thrive under President-elect Donald Trump. Trump has shown more favor to the industry than President Joe Biden, and Cramer noted ...
Energy Transfer: Still Not Too Late To Buy
ET's recent P/E expansion has factored in some – but not all the – growth potential ahead. Market projects a 11.7% CAGR for its EPS growth through 2028 for good reasons. Potential catalysts include Tr...
The Higher They Soar, The More I Buy
My favorite sector has performed extremely well in recent years. However, despite the incredible run it has been on, I think now is the best time yet to buy it. I share why and some of my top picks of...
Of 63 Fortune 500 Industry Leaders, 57 Pay Dividends, 38 Are Cash Rich And 1 Is A Buy
AT&T, Altria Group, and Energy Transfer are top buys with dividends from $1K invested exceeding single share prices, meeting the dogcatcher ideal. Analysts forecast 15.47% to 28.33% net gains by Novem...
Energy Transfer Will Benefit From The Trump Trade And Drill Baby Drill
Energy Transfer is poised to benefit from a Trump Administration due to pro-energy policies, less regulation, and increased domestic energy production. ET's extensive infrastructure, recent acquisitio...
Energy Transfer Vs. Williams Companies: Only One Is A Buy
ET and WMB have been huge winners over the past 3 years. Both are enjoying strong growth tailwinds today. I share why I think only one of them is worth buying right now.
As The Market Reaches ATH, Keep Adding Energy Transfer
Energy Transfer's Q3 2024 results show record volumes and a 12% YoY increase in adjusted EBITDA, highlighting successful growth investments and strong DCF. The company's integrated asset portfolio and...