Energy Transfer LP (ET)
| Market Cap | 72.93B |
| Revenue (ttm) | 83.66B |
| Net Income (ttm) | 4.59B |
| Shares Out | 3.42B |
| EPS (ttm) | 1.36 |
| PE Ratio | 15.67 |
| Forward PE | 15.46 |
| Dividend | $1.29 (6.07%) |
| Ex-Dividend Date | Nov 8, 2024 |
| Volume | 7,870,220 |
| Open | 21.00 |
| Previous Close | 20.91 |
| Day's Range | 21.00 - 21.45 |
| 52-Week Range | 13.79 - 21.45 |
| Beta | 1.68 |
| Analysts | Strong Buy |
| Price Target | 20.92 (-1.78%) |
| Earnings Date | Feb 11, 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 12 analysts, the average rating for ET stock is "Strong Buy." The 12-month stock price forecast is $20.92, which is a decrease of -1.78% from the latest price.
News
Energy Transfer: Multi-Year AI/ Data Center Boom Triggers Robust Growth Tailwinds
ET has been a beneficiary of the the insatiable generative AI demand, as it permeates chip infrastructure layer, AI SaaS, data center REITs, and now the energy sector. Its 21.1% of the total Gas Pipel...
Energy Transfer: Our Favorite Energy Stock For 2025
Midstream energy companies like Energy Transfer (ET) are poised to benefit from increased oil and gas volumes in 2025, despite potential price headwinds. ET's stable cash flows and recent acquisitions...
Energy Transfer: Should Benefit From Rising Production, Growing NGL Demand
Energy Transfer LP is well-positioned for growth due to its extensive midstream infrastructure and potential benefits from increased U.S. oil production under the incoming administration. The company'...
An 8%+ Retirement Income Cocktail Of: 1 BDC, 1 MLP, And 1 ETF
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Energy Transfer: Now You See Why AI Is A Game Changer
Energy Transfer LP has shown investors why AI has significantly lifted its thesis. The AI and data center boom is significantly boosting natural gas demand, and ET's extensive pipeline network is well...
Energy Transfer Enters Consolidation As Rates Climb (Technical Analysis, Downgrade)
I see Energy Transfer LP entering a consolidation phase due to macroeconomic uncertainties and also judging by its recent trading patterns. Treasury rates have climbed and pushed ET's yield spread rel...
Sunoco LP Announces Fourth Quarter and Full Year 2024 Earnings Release and Call Timing
DALLAS , Jan. 8, 2025 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") announced that it will release its fourth quarter and full year 2024 financial and operating results before the...
Energy Transfer Announces Fourth Quarter and Full Year 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 fourth quarter and full year 2024 on Tuesday, February 11, 2025, after the market close...
Why You're Not Bullish Enough On 7%-Yielding Energy Transfer
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Big Dividends And Buybacks: The More It Drops, The More I Buy
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2 High-Yielding Cash Cows For A Comfortable Retirement
Income investors should consider dividend stocks like Energy Transfer and Ladder Capital for steady cash flow and long-term wealth building. Energy Transfer offers a 6.6% yield, benefits from rising n...
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Buy The Drop On These Amazing Dividend Bargains
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Energy Transfer: Why I Am Loving This 7%-Yielding Midstream Play
Energy Transfer is a well-run midstream company with consistent growth in EBITDA and distributions, offering stable and low-risk cash flows. The company has a significant pipeline footprint, focusing ...
How to play energy in 2025
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4 Dividend Picks For 2025: JPMorgan's Top Income Stocks To Energize Your Portfolio
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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
AI stocks have dominated the markets over the past few years. However, there are a few other sectors that have also shined over the past few years. I share two high-flying big dividend sectors that, I...
11-14% Yields: Give Yourself The Gift Of Dividends For Christmas
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