Home » Stocks » ET

Energy Transfer LP (ET)

Stock Price: $7.98 USD -0.14 (-1.72%)
Updated Mar 2, 2021 4:00 PM EST - Market closed
After-hours: $8.04 +0.06 (0.75%) Mar 2, 7:59 PM
Market Cap 21.57B
Revenue (ttm) 38.95B
Net Income (ttm) -647.00M
Shares Out 2.70B
EPS (ttm) -0.24
PE Ratio n/a
Forward PE 6.36
Dividend $0.92
Dividend Yield 11.47%
Trading Day March 2
Last Price $7.98
Previous Close $8.12
Change ($) -0.14
Change (%) -1.72%
Day's Open 8.02
Day's Range 7.97 - 8.15
Day's Volume 14,826,132
52-Week Range 3.28 - 10.37

News

Hide News
  • All
  • Videos
  • Press Releases
  • Conversation
Zacks Investment Research - 5 days ago

Energy Transfer (ET) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.

PRNewsWire - 6 days ago

NEW ORLEANS, Feb. 24, 2021 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sal...

Other stocks mentioned: ENBL
InvestorPlace - 1 week ago

The damage of winter storms can be devastating, but cold weather means more demand for energy stocks like these three big names. The post 3 High-Yield Energy Stocks to Profit From a Deep Freez...

Other stocks mentioned: BP, CVX
GlobeNewsWire - 1 week ago

NEW YORK, Feb. 22, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of En...

Other stocks mentioned: ENBL
InvestorPlace - 1 week ago

In a heady market like this, dividend stocks can look attractive. But you have to be careful; not all dividend stocks are created equal.

Other stocks mentioned: BXP, EIX, LHX, O, RTX, T
The Motley Fool - 1 week ago

M&A activity is starting to heat up in the pipeline sector.

Other stocks mentioned: BIP, BIPC, CNP, CVX, ENBL, KMI, NBLX, OGE
24/7 Wall Street - 1 week ago

While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.

Other stocks mentioned: MRO, OIS, PAA, PUMP
Business Wire - 1 week ago

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) and Energy Transfer Operating, L.P. (ETO) today announced they have filed their respective annual reports on Form 10-K for the year ended...

The Motley Fool - 1 week ago

The midstream giant's diversification helped cushion the blow.

Business Wire - 1 week ago

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE:ET) (“ET” or the “Partnership”) today reported financial results for the quarter and year ended December 31, 2020. ET reported net income attr...

The Motley Fool - 1 week ago

The all-equity deal will enhance the midstream giant's credit profile and reduce costs.

Other stocks mentioned: ENBL
Business Wire - 1 week ago

HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) today announced support for the merger between Enable Midstream Partners, LP (NYSE: ENBL) and Energy Transfer LP (NYSE: ET), whic...

Other stocks mentioned: CNP, ENBL
Business Wire - 1 week ago

DALLAS & OKLAHOMA CITY--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) (“ET” or “Energy Transfer”) and Enable Midstream Partners, LP (NYSE: ENBL) (“Enable”) today announced that they have ente...

Other stocks mentioned: ENBL
Zacks Investment Research - 2 weeks ago

Energy Transfer's (ET) fourth-quarter earnings are likely to have benefited from continuous investments and fee-based contracts. Also, better economic conditions are expected to have boosted t...

The Motley Fool - 2 weeks ago

The midstream MLP is increasing its focus on finding alternative energy projects.

Business Wire - 2 weeks ago

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced it has created a new group within the Partnership tasked with increasing the Partnership's efforts to develop alternative...

Zacks Investment Research - 2 weeks ago

In the latest trading session, Energy Transfer LP (ET) closed at $6.83, marking a +0.74% move from the previous day.

Seeking Alpha - 1 month ago

ET offers a high yield that is well-covered by distributable cash flow and free cash flow. ET is deeply discounted on a P/DCF basis and is still cheap on a EV/EBITDA basis despite using more l...

Business Wire - 1 month ago

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced a quarterly cash distribution of $0.1525 per ET common unit ($0.61 on an annualized basis) for the fourth quarter ended D...

24/7 Wall Street - 1 month ago

If any sector took a beating in 2020, it is energy, and the energy master limited partnerships (MLPs) in particular really have been the whipping boy.

Other stocks mentioned: EPD, MPLX, PAA
Zacks Investment Research - 1 month ago

In the latest trading session, Energy Transfer LP (ET) closed at $6.50, marking a -1.81% move from the previous day.

Seeking Alpha - 1 month ago

Energy Transfer is one of the largest midstream companies in the United States, transporting both liquids and natural gas. The company is insulated against fluctuations in energy prices due to...

Zacks Investment Research - 1 month ago

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...

Zacks Investment Research - 1 month ago

We have screened bargain stocks MGA, HUN, ANTM, ET and CACI based on EV-to-EBITDA ratio that offers a clearer picture of valuation and earnings potential.

Other stocks mentioned: ANTM, CACI, HUN, MGA
Business Wire - 1 month ago

DALLAS--(BUSINESS WIRE)-- #ET--Energy Transfer today announced the first VLEC has been loaded under its previously announced joint venture with Satellite Petrochemical USA Corp.

Zacks Investment Research - 1 month ago

Energy Transfer LP (ET) closed the most recent trading day at $7.13, moving -1.52% from the previous trading session.

Seeking Alpha - 1 month ago

Energy Transfer has been relatively resilient in 2020. Its share price is still down massively over the last year.

Business Wire - 1 month ago

DALLAS--(BUSINESS WIRE)-- #energytransfer--Energy Transfer LP today announced that Bradford D. (Brad) Whitehurst has been named as Chief Financial Officer effective immediately.

Seeking Alpha - 1 month ago

Many bear arguments have been made against Energy Transfer. I address each of them one-by-one and show - using actual facts - that they are not valid. It is indisputable that Energy Transfer w...

Seeking Alpha - 1 month ago

Previously unlikely, Democrat control of Congress assuredly means higher taxes are coming. Corporate tax rates are going up as well as taxes on dividends for high income individuals under the ...

Other stocks mentioned: AM, BIP, CQP, DCP, ENB, EPD, MMP, MPLX, PAA, PSXP, SHLX, TRP, WES, WMB
Zacks Investment Research - 1 month ago

In the latest trading session, Energy Transfer LP (ET) closed at $6.65, marking a +0.45% move from the previous day.

Seeking Alpha - 1 month ago

Energy Transfer has the ability to drive strong shareholder returns as slow and steady wins the race. The company is FCF positive post a 10% dividend yield, meaning the ability to pay out near...

The Motley Fool - 1 month ago

Investors recovered some of their lost ground from Monday.

Other stocks mentioned: BP, HAL, OKE, RDS.A, RDS.B, XOM
The Motley Fool - 1 month ago

Investors searching for high dividend yields should understand how much income these stocks are actually going to produce.

Other stocks mentioned: MAC, WFC
Seeking Alpha - 1 month ago

We like select midstream plays for 2021. Energy Transfer likely rallies but the current plan leaves a lot to be desired.

Seeking Alpha - 1 month ago

Midstream stocks underperformed the broad market for a fourth straight week. Midstream's bounce off the bottom early in the quarter appears to have left positioning largely settled into year-e...

Other stocks mentioned: AM, DKL, ENB, EVA, GEL, IPPLF, LNG, NGL, PAA, PBA, SRLP, TCP, USAC, WLKP
Zacks Investment Research - 2 months ago

In the latest trading session, Energy Transfer LP (ET) closed at $6.16, marking a -0.65% move from the previous day.

The Motley Fool - 2 months ago

Three stocks whose high-yield dividends aren't worth the risk.

Other stocks mentioned: OHI, XOM
Seeking Alpha - 2 months ago

Energy Transfer LP is set to embrace a new MLP operating model, featuring pro-unitholder partnership governance and capital allocation. Units today trade at an 9.8% yield, so investors are pai...

The Motley Fool - 2 months ago

These 10 stocks could be great buys if the real estate and energy sectors recover next year.

Other stocks mentioned: AM, CIM, IEP, LUMN, MPLX, PSXP, SHLX, STWD, SUN
Seeking Alpha - 2 months ago

Energy Transfer has significant cash flow strength and is significantly undervalued based on its cash flow ability. We expect that over the coming years, the company will continue generating s...

Zacks Investment Research - 2 months ago

In the latest trading session, Energy Transfer LP (ET) closed at $6.44, marking a -1.23% move from the previous day.

Seeking Alpha - 2 months ago

Berkshire recently purchased 7,700 miles of natural gas pipeline from Dominion for $9.7 billion paying roughly $1.26 million per mile of pipe & storage. ET operates 69,700 miles of pipeline in...

Seeking Alpha - 2 months ago

Projects that have not reached FID are excluded from future growth spending plans. In Energy Transfer's case, these are multi-billion dollar deals (Lake Charles, VLCC Export). Management had b...

Seeking Alpha - 2 months ago

Energy Transfer: Big Coronavirus Recovery Investment

24/7 Wall Street - 2 months ago

When pundits in the financial media warn that interest rates are going higher and to look out, longtime investors laugh and think back to the days before the financial crisis in 2007, when the...

Other stocks mentioned: MO, T, VLO, WPC
Seeking Alpha - 2 months ago

Energy Transfer has an impressive asset portfolio and potential despite its 50% dividend cut. The company will be FCF positive going forward, with a 9% dividend and a commitment to investing i...

Seeking Alpha - 3 months ago

Some energy investors feared a Biden Presidency; they were wrong. Long energy into the election has been one of the best trades of 2020. With the (likely) odds of Republican senate and US Supr...

Other stocks mentioned: DVN, ENB, EOG, EPD, ETRN, MPLX, MUR, OXY, PXD, TRP
Seeking Alpha - 3 months ago

Given recently signed certified election results and official indications, Biden is now the President-Elect, meaning he will control U.S. energy policy. Midstream pipelines, despite being more...

Other stocks mentioned: EPD, KMI, WMB
Seeking Alpha - 3 months ago

Energy Transfer's management team is incredibly unpopular, mostly due to its lack of commitment to long-term shareholder returns. The company needs to acknowledge climate change and start a pl...

About ET

Energy Transfer LP provides energy-related services. The company owns and operates approximately 9,400 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and 12,500 miles of interstate natural gas pipelines. It sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. The company also owns and operates natural gas gathering and natural gas liquid (NGL) pipelines, processing plants, and treating and conditioni... [Read more...]

Industry
Oil & Gas Midstream
IPO Date
Feb 3, 2006
Stock Exchange
NYSE
Ticker Symbol
ET
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecasts

According to 19 analysts, the average rating for ET stock is "Buy." The 12-month stock price forecast is 10.72, which is an increase of 34.34% from the latest price.

Price Target
$10.72
(34.34% upside)
Analyst Consensus: Buy