Energy Transfer LP (ET)
| Market Cap | 55.29B |
| Revenue (ttm) | 81.22B |
| Net Income (ttm) | 3.56B |
| Shares Out | 3.37B |
| EPS (ttm) | 1.09 |
| PE Ratio | 15.05 |
| Forward PE | 10.69 |
| Dividend | $1.27 (7.74%) |
| Ex-Dividend Date | May 10, 2024 |
| Volume | 9,677,504 |
| Open | 16.40 |
| Previous Close | 16.36 |
| Day's Range | 16.31 - 16.48 |
| 52-Week Range | 12.46 - 16.48 |
| Beta | 1.62 |
| Analysts | Strong Buy |
| Price Target | 19.29 (+17.62%) |
| Earnings Date | Jul 31, 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 $19.29, which is an increase of 17.62% from the latest price.
News
Energy Transfer Submits HSR Act Filing In Connection With WTG Acquisition
DALLAS--(BUSINESS WIRE)--ET announced that it submitted its premerger notification filings under the HSR Act in connection with its acquisition of WTG Midstream Holdings.
Sunoco LP Announces Participation in J.P. Morgan's Energy, Power, and Renewables Conference
DALLAS , June 17, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced its participation in J.P. Morgan's 2024 Energy, Power, and Renewables Conference.
Energy Transfer and Crestwood Schedule K-3s for 2023 Now Available
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced that Energy Transfer LP and Crestwood Equity Partners LP 2023 Schedule K-3s reflecting items of international tax relevance are a...
Hematology/Oncology: AOP Health's Expanding Clinical Research Program Delivers New Results
VIENNA--(BUSINESS WIRE)-- #aophealth--AOP Orphan Pharmaceuticals GmbH (AOP Health) continues a successful clinical research program in hematology/oncology with two abstracts accepted for presentation ...
Energy Transfer LP Announces Pricing of $3.5 Billion of Senior Notes and $400 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 $1.0 billion aggregate principal amount of 5.250% senior notes due 2029, $1.25 billion...
Sunoco LP and NuStar Energy L.P. 2023 Schedule K-3s Now Available
DALLAS , June 6, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced that Sunoco LP and NuStar Energy Partners, L.P. 2023 Schedule K-3s reflecting items of internat...
Willow by Cricbuzz Brings Cricket Fever to the U.S. with Free ICC T20 World Cup Viewing for One Week
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- #Cricket--Willow by Cricbuzz offers a free preview of the 2024 ICC T20 World Cup for one week, starting June 1st, to Verizon, DIRECTV and Optimum subscribers.
Energy Transfer to pay more than $3 billion to expand its Permian pipeline
Shares of Energy Transfer L.P. edged higher Tuesday, after the natural gas transport and transmission company announced an agreement to buy WTG Midstream Holdings LLC in a cash-and-stock deal valued a...
Energy Transfer expands Permian presence with $3.25 billion acquisition of WTG Midstream
Energy Transfer said on Tuesday it would buy WTG Midstream Holdings in a deal valued at about $3.25 billion, the latest in the pipeline operator's string of deals since last year aimed at expanding it...
Energy Transfer to Acquire WTG Midstream in a $3.25 Billion Transaction
DALLAS & MIDLAND, Texas--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) and WTG Midstream, LLC (WTG) announced today that the parties have entered into a definitive agreement pursuant to which Energy ...
Energy Transfer Reports Strong First Quarter 2024 Results
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE:ET) (“Energy Transfer” or the “Partnership”) today reported financial results for the quarter ended March 31, 2024. Energy Transfer reported net incom...
CapturePoint Announces Agreements with Energy Transfer for Carbon Capture and Storage in Louisiana
ALLEN, Texas--(BUSINESS WIRE)--CapturePoint LLC and affiliate CapturePoint Solutions LLC, (together “CapturePoint”) with offices in Allen, Texas, today announced the signing of a revised Letter of Int...
Sunoco LP Announces First Quarter 2024 Financial and Operating Results
Reports record first quarter net income of $230 million and Adjusted EBITDA(1) of $242 million Increases full year 2024 Adjusted EBITDA(1)(2) guidance to $1.46 billion to $1.52 billion, to include the...
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Sunoco LP Announces Purchase of NuStar Preferred Units and Full Redemption of NuStar Logistics Subordinated Notes
DALLAS , May 3, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced that, on June 3, 2024 (the "Redemption Date"), (a) SUN will purchase all outstanding units of (i...
Sunoco LP Completes Acquisition of NuStar Energy L.P.; Announces a 4% Increase in Quarterly Distribution
DALLAS , May 3, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") announced the completion of the acquisition of NuStar Energy L.P. ("NuStar") and a 4% increase in its quarterly distribution.
Sunoco LP and NuStar Energy L.P. Announce NuStar's Unitholder Approval of the Sunoco Transaction
DALLAS , May 1, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco" or "SUN") and NuStar Energy L.P. (NYSE: NS) ("NuStar" or "NS") announced the approval by NuStar unitholders of the previously annou...
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.
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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, ...