Energy Transfer LP (ET)
| Market Cap | 62.59B |
| Revenue (ttm) | 83.66B |
| Net Income (ttm) | 4.59B |
| Shares Out | 3.42B |
| EPS (ttm) | 1.36 |
| PE Ratio | 13.45 |
| Forward PE | 13.71 |
| Dividend | $1.29 (7.07%) |
| Ex-Dividend Date | Nov 8, 2024 |
| Volume | 28,382,726 |
| Open | 18.10 |
| Previous Close | 17.96 |
| Day's Range | 18.03 - 18.37 |
| 52-Week Range | 13.12 - 18.37 |
| Beta | 1.64 |
| Analysts | Strong Buy |
| Price Target | 20.00 (+9.41%) |
| Earnings Date | Nov 6, 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, 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 8 analysts, the average rating for ET stock is "Strong Buy." The 12-month stock price forecast is $20.0, which is an increase of 9.41% from the latest price.
News
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...
Energy Transfer: Despite Soaring, This Play Is Still Drastically Undervalued
Energy Transfer remains a top holding in my portfolio, with a strong buy rating due to its robust cash flow and undervaluation. Despite missing Q3 revenue and EPS estimates, the company maintained 202...
Energy Transfer: The Trump Rally Is Just Getting Started
Energy Transfer stock remains a 'buy' due to its 7.5% distribution yield, strategic asset positioning, and attractive valuation metrics compared to peers. ET is positioned to benefit from the incoming...
Energy Transfer: Multiple Reset Coming?
Energy Transfer reported strong Q3 earnings, with significant growth in oil and steady performance in NGL and natural gas volumes. New demand from power plants and data centers could significantly boo...
The Big 3: LMT, AMD, ET
Kenny Polcari believes there's positives in each of today's Big 3. He notes recent selloffs in each but expects better outlook for each.
Energy Transfer: Gathering Steam In The Permian
ET continued its strong YTD performance in Q3, delivering record volumes across segments with EBITDA margins rising ~200bps y/y on strong Midstream performance. The Permian basin remains a key strateg...
Capitalize On The Dip: Two Durable 9% Yields To Load Up Your Income Portfolio
High-yield stocks can fall due to non-dividend sustainability reasons, presenting opportunities for income investors to lock in attractive yields. In this article, I have identified two picks, which n...
Four Midstream Energy CEFs Now Offer Strong Total Return Potential
The energy sector, particularly midstream companies, is set to benefit from Trump's pro-oil and gas policies, boosting fossil fuel investments. Midstream companies like Energy Transfer are experiencin...
Three buys and a bail: Walmart, Goldman Sachs, Energy Transfer, and First Solar
Victoria Greene, G Squared Private Wealth founding partner and CIO, joins CNBC's 'The Exchange' to discuss four stocks: Walmart, Goldman Sachs, Energy Transfer, and First Solar.
Energy Transfer: Strong Earnings And Vast Potential Upside
Energy Transfer's Q3 report shows a 12% YoY growth in adjusted EBITDA, driven by strong crude oil transportation and NGL production. The company is expanding with projects like Lone Star Pipe optimiza...
Energy Transfer LP Common Units (ET) Q3 2024 Earnings Call Transcript
Energy Transfer LP Common Units (ET) Q3 2024 Earnings Call Transcript
Energy Transfer Reports Third Quarter 2024 Results
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE:ET) (“Energy Transfer” or the “Partnership”) today reported financial results for the quarter ended September 30, 2024. Energy Transfer reported net i...
Sunoco LP Reports Third Quarter 2024 Financial and Operating Results
DALLAS , Nov. 6, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today reported financial and operating results for the quarter ended September 30, 2024. Financial and Operatio...
Energy Transfer Is A 'Buy' Before A Likely Q3 Earnings Beat
Energy Transfer LP, a major energy transporter, has significant growth potential driven by strong performance, strategic acquisitions, and a healthy balance sheet, making it a “Buy” ahead of Q3 earnin...
Sunoco LP Maintains Quarterly Distribution
DALLAS , Oct. 28, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that the Board of Directors of its general partner declared a quarterly distribution for the third quarter of 2024 of $0....
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 $0.3225 per Energy Transfer common unit ($1.29 on an annualized basis) for the ...
Path To $10,000 Of Annual Income In 5 Years Through SWAN Dividend Investing
In this article, I explore the potential path on how one could achieve $10,000 of annual portfolio income in just a 5-year period by accumulating a capital base from zero. I provide a sample portfolio...
Top Wall Street analysts are upbeat on these dividend stocks
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Cisco and Diamondback Energy
Trump Or Harris? Here Are 3 Undervalued Dividend Stocks That Should Win No Matter What
In a politically charged landscape, choosing the right dividend stocks can be tricky. I believe certain investments can thrive regardless of election outcomes. Undervalued dividend stocks present a un...
Very Good News For Big Dividend Infrastructure Stocks
Big dividend infrastructure stocks have surged recently. We discuss the two major catalysts for this surge. We also share several opportunities that remain very attractive in the space.
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...
8%-Yielding Cash Cows To Make Money While You Sleep
Dividend-paying stocks like Energy Transfer and Ladder Capital offer high yields and diversification, making them attractive for income-focused investors. ET's robust growth is driven by strategic acq...