Energy Transfer LP (ET)
| 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 |
Energy Transfer (ET) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.
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...
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...
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...
In a heady market like this, dividend stocks can look attractive. But you have to be careful; not all dividend stocks are created equal.
M&A activity is starting to heat up in the pipeline sector.
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.
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 midstream giant's diversification helped cushion the blow.
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 all-equity deal will enhance the midstream giant's credit profile and reduce costs.
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...
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...
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 midstream MLP is increasing its focus on finding alternative energy projects.
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...
In the latest trading session, Energy Transfer LP (ET) closed at $6.83, marking a +0.74% move from the previous day.
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...
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...
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.
In the latest trading session, Energy Transfer LP (ET) closed at $6.50, marking a -1.81% move from the previous day.
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...
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...
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.
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.
Energy Transfer LP (ET) closed the most recent trading day at $7.13, moving -1.52% from the previous trading session.
Energy Transfer has been relatively resilient in 2020. Its share price is still down massively over the last year.
DALLAS--(BUSINESS WIRE)-- #energytransfer--Energy Transfer LP today announced that Bradford D. (Brad) Whitehurst has been named as Chief Financial Officer effective immediately.
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...
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 ...
In the latest trading session, Energy Transfer LP (ET) closed at $6.65, marking a +0.45% move from the previous day.
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...
Investors recovered some of their lost ground from Monday.
Investors searching for high dividend yields should understand how much income these stocks are actually going to produce.
We like select midstream plays for 2021. Energy Transfer likely rallies but the current plan leaves a lot to be desired.
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...
In the latest trading session, Energy Transfer LP (ET) closed at $6.16, marking a -0.65% move from the previous day.
Three stocks whose high-yield dividends aren't worth the risk.
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...
These 10 stocks could be great buys if the real estate and energy sectors recover next year.
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...
In the latest trading session, Energy Transfer LP (ET) closed at $6.44, marking a -1.23% move from the previous day.
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...
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...
Energy Transfer: Big Coronavirus Recovery Investment
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...
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...
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...
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...
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 |
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.