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Energy Transfer LP (ET)

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16.30 -0.01 (-0.06%)
At close: October 4 at 4:00 PM EDT
16.31 +0.01 (+0.03%)
After hours: October 4 at 7:59 PM EDT
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DELL
  • Previous Close 16.31
  • Open 16.33
  • Bid 16.30 x 3200
  • Ask 16.31 x 800
  • Day's Range 16.27 - 16.43
  • 52 Week Range 12.90 - 16.50
  • Volume 10,442,453
  • Avg. Volume 16,091,400
  • Market Cap (intraday) 55.782B
  • Beta (5Y Monthly) 1.64
  • PE Ratio (TTM) 13.70
  • EPS (TTM) 1.19
  • Earnings Date Nov 6, 2024
  • Forward Dividend & Yield 1.28 (7.85%)
  • Ex-Dividend Date Aug 9, 2024
  • 1y Target Est 19.28

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 Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, Montana, North Dakota, Wyoming, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; and transports and supplies water to natural gas producer in Pennsylvania. Further, it owns 5,700 miles of natural gas liquid (NGL) pipeline; NGL fractionation facilities; NGL storage facilities; and other NGL storage assets and terminal. Additionally, the company provides crude oil transportation, terminalling, acquisition, and marketing activities; owns and operates approximately 14,500 miles of crude oil trunk and gathering pipelines in the Southwest, Midcontinent, and Midwest United States; and sells and distributes gasoline, middle distillate, and motor fuels and other petroleum products. It also offers natural gas compression services; carbon dioxide and hydrogen sulfide removal services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalty, and generate electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. Energy Transfer LP was founded in 1996 and is headquartered in Dallas, Texas.

energytransfer.com

13,786

Full Time Employees

December 31

Fiscal Year Ends

Energy

Sector

Recent News: ET

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Performance Overview: ET

Trailing total returns as of 10/4/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

ET
25.66%
S&P 500
20.57%

1-Year Return

ET
31.00%
S&P 500
35.98%

3-Year Return

ET
114.66%
S&P 500
31.99%

5-Year Return

ET
101.29%
S&P 500
97.59%

Compare To: ET

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Statistics: ET

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Valuation Measures

Annual
As of 10/4/2024
  • Market Cap

    55.78B

  • Enterprise Value

    113.56B

  • Trailing P/E

    13.70

  • Forward P/E

    8.93

  • PEG Ratio (5yr expected)

    0.52

  • Price/Sales (ttm)

    0.64

  • Price/Book (mrq)

    1.63

  • Enterprise Value/Revenue

    1.36

  • Enterprise Value/EBITDA

    7.95

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    5.34%

  • Return on Assets (ttm)

    5.04%

  • Return on Equity (ttm)

    14.42%

  • Revenue (ttm)

    83.63B

  • Net Income Avi to Common (ttm)

    3.94B

  • Diluted EPS (ttm)

    1.19

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    650M

  • Total Debt/Equity (mrq)

    127.33%

  • Levered Free Cash Flow (ttm)

    5.22B

Research Analysis: ET

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 20.73B
Earnings 1.31B
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

17.00
19.28 Average
16.30 Current
23.00 High
 

Company Insights: ET

Research Reports: ET

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  • Energy Transfer Continues to Bulk Up Via M&A

    Energy Transfer owns one of the largest portfolios of crude oil, natural gas, and natural gas liquid assets in the US, primarily in Texas and the US midcontinent region. Its pipeline network totals 130,000 miles. It also owns gathering and processing facilities, one of the largest fractionation facilities in the US, fuel distribution assets, and the Lake Charles gas liquefaction facility. It combined its publicly traded limited and general partnerships in October 2018.

    Rating
    Price Target
     
  • Energy Transfer Earnings: AI Opportunities Coming to the Forefront

    Energy Transfer owns a large platform of crude oil, natural gas, and natural gas liquid assets primarily in Texas and the U.S. midcontinent region. It also has gathering and processing facilities, one of the largest fractionation facilities in the U.S., and fuel distribution. Energy Transfer also owns the Lake Charles gas liquefaction facility. It combined its publicly traded limited and general partnerships in October 2018.

    Rating
    Price Target
     
  • Energy Transfer Deal to Acquire WTG Midstream Continues Trend of Permian G&P Consolidation

    Energy Transfer owns a large platform of crude oil, natural gas, and natural gas liquid assets primarily in Texas and the U.S. midcontinent region. It also has gathering and processing facilities, one of the largest fractionation facilities in the U.S., and fuel distribution. Energy Transfer also owns the Lake Charles gas liquefaction facility. It combined its publicly traded limited and general partnerships in October 2018.

    Rating
    Price Target
     
  • Finding Undervalued Opportunities From AI and Data Center Demand in E&Ps and Midstream

    Energy Transfer owns a large platform of crude oil, natural gas, and natural gas liquid assets primarily in Texas and the U.S. midcontinent region. It also has gathering and processing facilities, one of the largest fractionation facilities in the U.S., and fuel distribution. Energy Transfer also owns the Lake Charles gas liquefaction facility. It combined its publicly traded limited and general partnerships in October 2018.

    Rating
    Price Target
     

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