Energy Transfer LP (ET)

NYSE: ET · IEX Real-Time Price · USD
15.67
+0.13 (0.80%)
Mar 28, 2024, 12:58 PM EDT - Market open
0.80%
Market Cap 52.33B
Revenue (ttm) 78.59B
Net Income (ttm) 3.47B
Shares Out 3.37B
EPS (ttm) 1.09
PE Ratio 14.28
Forward PE 9.74
Dividend $1.26 (8.04%)
Ex-Dividend Date Feb 6, 2024
Volume 5,862,437
Open 15.59
Previous Close 15.54
Day's Range 15.52 - 15.67
52-Week Range 12.18 - 15.74
Beta 1.64
Analysts Strong Buy
Price Target 17.14 (+9.42%)
Earnings Date Apr 30, 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]

Sector Energy
IPO Date Feb 3, 2006
Employees 13,786
Stock Exchange NYSE
Ticker Symbol ET
Full Company Profile

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 Statements

Analyst Forecast

According to 8 analysts, the average rating for ET stock is "Strong Buy." The 12-month stock price forecast is $17.14, which is an increase of 9.42% from the latest price.

Price Target
$17.14
(9.42% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Energy Transfer LP Announces Full Redemption Of Series E Preferred Units

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today issued a notice to redeem all of its outstanding Series E Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (the “Unit...

7 days ago - Business Wire

Portfolio manager: Buy Energy Transfer stock and avoid Halliburton

As global conflict and OPEC+ price cuts drive oil prices higher (BZ=F, CL=F), the latest edition of Good Buy or Goodbye with Tortoise Senior Portfolio Manager Rob Thummel offers investors the energy s...

Other symbols: HAL
14 days ago - Yahoo Finance

Top Wall Street analysts recommend these 3 dividend stocks

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Target and Garmin

Other symbols: GRMNTGT
18 days ago - CNBC

Sunoco LP Files 2023 Annual Report on Form 10-K

DALLAS , Feb. 16, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") on February 16, 2024, filed operational and financial results for the fiscal year ended December 31, 2023, on ...

Other symbols: SUN
5 weeks ago - PRNewsWire

Energy Transfer LP Files 2023 Annual Report

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced it has filed its annual report on Form 10-K for the year ended December 31, 2023 with the Securities and Exchange Commission (SEC...

5 weeks ago - Business Wire

Energy Transfer Reports Strong Fourth Quarter 2023 Results and Announces 2024 Outlook

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE:ET) (“Energy Transfer” or the “Partnership”) today reported financial results for the quarter and year ended December 31, 2023. Energy Transfer report...

6 weeks ago - Business Wire

Sunoco LP Announces Fourth Quarter and Full Year 2023 Financial and Operating Results

Delivers record full year 2023 financial and operating results Reports fourth quarter volume of over 2.2 billion gallons, highest in the Partnership's history Reaffirms full year 2024 Adjusted EBITDA(...

Other symbols: SUN
6 weeks ago - PRNewsWire

Sunoco LP Maintains Quarterly Distribution

DALLAS , Jan. 25, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that the Board of Directors of its general partner declared a quarterly distribution for the fourth quarter of 2023 of $0...

Other symbols: SUN
2 months ago - PRNewsWire

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 $0.3150 per Energy Transfer common unit ($1.26 on an annualized basis) for the ...

2 months ago - Business Wire

Energy Transfer: Dakota Access oil pipe won't shut after environmental study

Energy Transfer does not expect the U.S. Army Corps of Engineers to shut down the Dakota Access oil pipeline (DAPL) after a long-pending environmental review of a section that runs under a lake and is...

2 months ago - Reuters

Energy Transfer LP Announces Cash Distributions on Series E and I Preferred Units

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (“ET”) today announced the quarterly cash distribution of $0.4750000 per Series E Preferred Unit (NYSE: ETprE) and the quarterly cash distribution of $0.211...

2 months ago - Business Wire

Sunoco LP Announces Fourth Quarter and Full Year 2023 Earnings Release and Call Timing

DALLAS , Jan. 11, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that it will release its fourth quarter and full year 2023 financial and operating results before the market opens on Wed...

Other symbols: SUN
2 months ago - PRNewsWire

Energy Transfer Announces Fourth Quarter and Full Year 2023 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 2023 on Wednesday, February 14, 2024, after the market clo...

2 months ago - Business Wire

Sunoco LP Announces Sale of West Texas Assets, Acquisition of European Liquid Fuels Terminals, and Reaffirms 2024 Adjusted EBITDA Guidance Range

DALLAS , Jan. 11, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced that it has entered into a definitive agreement for the sale of 204 convenience stores to 7-El...

Other symbols: SUN
2 months ago - PRNewsWire

Energy Transfer LP Announces Pricing of $3 Billion of Senior Notes and $800 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 $1.25 billion aggregate principal amount of 5.550% senior notes due 2034 and $1.75 bil...

2 months ago - Business Wire

Energy Transfer LP Announces Public Offering of Senior Notes and Fixed-to-Fixed Reset Rate Junior Subordinated Notes and Redemption of Select Preferred Units

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced its intention, subject to market and other conditions, to concurrently offer senior notes due 2034 and senior notes due 2054 (tog...

2 months ago - Business Wire

Final Trade: ETH, BABA, MDT, ET

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

Other symbols: BABAETHEMDT
3 months ago - CNBC Television

Sunoco LP Announces 2024 Operational and Financial Guidance

DALLAS , Dec. 4, 2023 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced its operational and financial guidance for 2024. Presentation materials discussing the guidance...

Other symbols: SUN
4 months ago - PRNewsWire

Top Wall Street analysts expect these dividend stocks to enhance total returns

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Home Depot and Walmart.

Other symbols: HDSUNVICIWMT
4 months ago - CNBC

How To Earn $500 A Month From Energy Transfer Stock - Energy Transfer (NYSE:ET)

Energy Transfer LP ET shares closed higher on Thursday as investors assessed the OPEC+ decision.

4 months ago - Benzinga

Cooperman expects ‘very little' from market but likes this one stock

Leon Cooperman – the Chief Executive of Omega Advisors says he does not expect much from the market at large.

4 months ago - Invezz

Energy Transfer inks non-binding deal to supply crude to France's TotalEnergies

U.S. pipeline operator Energy Transfer said on Thursday it has signed a non-binding agreement to supply crude oil to French energy major TotalEnergies from its upcoming Blue Marlin oil export project.

Other symbols: TTE
4 months ago - Reuters

Energy Transfer Announces a Heads of Agreement With TotalEnergies for Crude Offtake From Its Blue Marlin Offshore Project

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) announced today it has entered into a non-binding Heads of Agreement (HOA) with TotalEnergies related to term crude oil offtake from its proposed...

4 months ago - Business Wire

CapturePoint Secures Dedication of CO2 for CENLA Hub From Southwestern Energy Company

ALLEN, Texas--(BUSINESS WIRE)--CapturePoint LLC (together with its affiliates, “CapturePoint”) announced today that a subsidiary of Southwestern Energy Company (“Southwestern”) (NYSE: SWN) has agreed ...

Other symbols: SWN
4 months ago - Business Wire

Energy Transfer Completes Acquisition of Crestwood

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) (“Energy Transfer”) announced today the completion of its previously announced merger with Crestwood Equity Partners LP (“Crestwood”). The merger...

5 months ago - Business Wire