ET - Energy Transfer LP

NYSE - NYSE Delayed Price. Currency in USD
14.57
-0.04 (-0.27%)
At close: 4:02PM EST
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Previous Close14.61
Open14.61
Bid0.00 x 1100
Ask14.70 x 40000
Day's Range14.51 - 14.85
52 Week Range11.68 - 19.34
Volume16,315,802
Avg. Volume14,068,240
Market Cap38.131B
Beta (3Y Monthly)1.85
PE Ratio (TTM)12.75
EPS (TTM)1.14
Earnings DateFeb 19, 2019 - Feb 25, 2019
Forward Dividend & Yield1.22 (8.35%)
Ex-Dividend Date2018-11-07
1y Target Est21.50
Trade prices are not sourced from all markets
  • PR Newswire3 days ago

    Sunoco LP Announces Fuel Distribution Acquisitions and Strategic Divestiture of its Ethanol Facility

    DALLAS, Jan. 18, 2019 /PRNewswire/ -- Sunoco LP (SUN) ("Sunoco") announced the completion of the acquisition of the wholesale fuel distribution business from Schmitt Sales, Inc. and the execution of a definitive agreement to acquire certain convenience store locations from Speedway LLC. Sunoco will convert the acquired convenience store locations to wholesale distribution sites.

  • High-Yield MLPs: What Wall Street Recommends
    Market Realist3 days ago

    High-Yield MLPs: What Wall Street Recommends

    7 MLPs Offering a Yield above 7%(Continued from Prior Part)Analysts are bullish on ET and MPLX Energy Transfer (ET) stock was rated a “strong buy” or “buy” by 88% of analysts surveyed by Reuters. In comparison, 86% of analysts rated MPLX

  • 7 MLPs Offering a Yield above 7%
    Market Realist3 days ago

    7 MLPs Offering a Yield above 7%

    7 MLPs Offering a Yield above 7%MLPs offering high yieldsMLPs are performing well in 2019. In this series, we’ll take a look at MLPs trading at a yield higher than 7%. These MLPs all have a market capitalization of more than $5 billion. Our list

  • How Top Midstream Stocks Could Perform in 2019
    Market Realist4 days ago

    How Top Midstream Stocks Could Perform in 2019

    EPD, KMI, MPLX, OKE: Midstream Stocks Surge in 2019(Continued from Prior Part)Analysts are bullishWith simplified structures and greater financial discipline, MLPs look better-equipped to perform in the volatile commodity price environment. Analysts

  • Energy Transfer LP (ET) Stock Sinks As Market Gains: What You Should Know
    Zacks4 days ago

    Energy Transfer LP (ET) Stock Sinks As Market Gains: What You Should Know

    In the latest trading session, Energy Transfer LP (ET) closed at $14.62, marking a -1.68% move from the previous day.

  • MLPs Have Outperformed Broader Markets So Far in 2019
    Market Realist4 days ago

    MLPs Have Outperformed Broader Markets So Far in 2019

    EPD, KMI, MPLX, OKE: Midstream Stocks Surge in 2019MLPs rise in 2019Top MLP and midstream stocks have performed strongly so far in 2019. Stocks surged across the board with Enterprise Products Partners (EPD), Kinder Morgan (KMI), ONEOK (OKE),

  • Credit Suisse: Less Bullish on SPY, Still Positive
    Market Realist5 days ago

    Credit Suisse: Less Bullish on SPY, Still Positive

    Bulls versus Bears: Who Will Rule the Stock Markets in 2019?(Continued from Prior Part)Credit Suisse cut SPY’s targetLike many other equity strategists, Credit Suisse (CS) also slashed the S&P 500’s (SPY) target for the end of 2019 from

  • Phillips 66 Partners to Build ACE Pipeline, Holds Open Season
    Zacks5 days ago

    Phillips 66 Partners to Build ACE Pipeline, Holds Open Season

    Phillips 66 Partners' (PSXP) ACE Pipeline System is anticipated to have 400,000 barrels per day of initial throughput capacity.

  • Will Energy Transfer Raise Its Dividend in 2019?
    Motley Fool6 days ago

    Will Energy Transfer Raise Its Dividend in 2019?

    The high-yielding energy company has a spotty history when it comes to dividend increases.

  • Kinder Morgan: Most Analysts Recommend a ‘Buy’
    Market Realist7 days ago

    Kinder Morgan: Most Analysts Recommend a ‘Buy’

    Kinder Morgan Is Expected to Report Higher Q4 Earnings (Continued from Prior Part) ## Analysts’ recommendations Analysts’ average target price of $21.4 implies an upside potential of 24% from Kinder Morgan’s (KMI) current price. Among the 21 analysts surveyed by Reuters covering Kinder Morgan, ten recommended a “strong buy,” eight recommended a “buy,” two recommended a “hold,” and one recommended a “strong sell.” The above graph shows analysts’ recommendations for Kinder Morgan over the last 12 months. As the above graph shows, more analysts are bullish on Kinder Morgan now than a year ago. ## Peers’ recommendations Among the 19 Reuters-surveyed analysts covering ONEOK (OKE), seven recommended a “strong buy,” five recommended a “buy,” and seven recommended a “hold.” The mean target price for ONEOK is $70.7, which implies an upside potential of ~19% from its current price. Among the 21 analysts covering Williams Companies (WMB), seven recommended a “strong buy,” ten recommended a “buy,” and four recommended a “hold.” The mean target price for Williams Companies is $31.9, which implies an upside potential of 27% from its current price. Among the 24 analysts covering Enterprise Products Partners (EPD), 11 recommended a “strong buy,” 11 recommended a “buy,” and two recommended a “hold.” The mean target price for Enterprise Products Partners is $33.2, which implies an upside potential of ~22% from its current price. Among the 17 analysts covering Energy Transfer (ET), eight recommended a “strong buy,” seven recommended a “buy,” and two recommended a “hold.” The mean target price for Energy Transfer is $21.6, which implies an upside potential of ~43% from its current price. Browse this series on Market Realist: * Part 1 - Kinder Morgan: What to Expect from Its Q4 Earnings * Part 2 - Kinder Morgan’s Q4 Revenues Are Expected to Rise * Part 3 - Natural Gas Pipelines Might Drive Kinder Morgan’s Growth

  • Kinder Morgan’s Q4 Revenues Are Expected to Rise
    Market Realist10 days ago

    Kinder Morgan’s Q4 Revenues Are Expected to Rise

    Based on analysts’ estimates, Kinder Morgan (KMI) could report revenues of ~$3.8 billion for the fourth quarter. The estimate is ~5% higher than Kinder Morgan’s revenues in the fourth quarter of 2017. The expected fourth-quarter revenues represent 8% sequential growth. Kinder Morgan missed its revenue estimates in five of the last nine quarters. Kinder Morgan beat the estimates in the other four quarters.

  • Why Energy Transfer Tumbled More Than 23.5% in 2018
    Motley Fool10 days ago

    Why Energy Transfer Tumbled More Than 23.5% in 2018

    The midstream giant slumped even though it accomplished a lot last year.

  • Energy Transfer LP (ET) Stock Sinks As Market Gains: What You Should Know
    Zacks10 days ago

    Energy Transfer LP (ET) Stock Sinks As Market Gains: What You Should Know

    Energy Transfer LP (ET) closed the most recent trading day at $15.10, moving -0.07% from the previous trading session.

  • Valero wraps $950M deal to absorb affiliated pipeline, storage terminal company
    American City Business Journals11 days ago

    Valero wraps $950M deal to absorb affiliated pipeline, storage terminal company

    San Antonio-based Valero Energy Corp. has completed its merger with a subsidiary that owns and operates pipelines and storage terminals, the company announced Thursday morning. Parent company Valero (NYSE: VLO) announced in Octoberits plans to buy logistics arm Valero Energy Partners LP at $42.25 per share. The master limited partnership, or MLP, owns and operates pipelines and storage terminals in Texas, Oklahoma, Louisiana and Tennessee that support Valero refineries.   The closing of the merger comes after a strong third quarter for the parent company and its MLP, which reported $141 million in revenue.

  • Energy Transfer Stock Offers a Huge Potential Upside
    Market Realist12 days ago

    Energy Transfer Stock Offers a Huge Potential Upside

    How Analysts View the Top MLPs at the Beginning of 2019 (Continued from Prior Part) ## Entergy Transfer Energy Transfer (ET) stock presents the highest potential upside among MLPs based on analysts’ target price for the next 12 months. Energy Transfer has a target price of $21.8—compared to its current market price of $14.5, which implies an estimated upside of 50% going forward. Among the 18 analysts tracking Energy Transfer stock, eight recommended a “buy,” eight recommended a “strong buy,” and two recommended a “hold.” None of the analysts recommended a “sell. ## Valuation Energy Transfer stock looks to be trading at a premium compared to its peers. The stock is trading at a forward valuation multiple of 11.0x based on its estimated earnings in 2019. Energy Transfer’s five-year historical average EV-to-EBITDA multiple is around 16x. Energy Transfer stock seems to be trading at a discounted valuation compared to its historical average. Peers’ average forward valuation is lower than Energy Transfer’s valuation. ## Distribution yield Energy Transfer is trading at a distribution yield of 8.6%. The Alerian MLP ETF (AMLP) also offers a yield of 8.6%. Investors in Energy Transfer Partners took a notable cut in the distribution after merging with Energy Transfer Equity. However, Energy Transfer’s current yield looks alluring. Williams Companies (WMB) stock is trading at a forward EV-to-EBITDA multiple of 9.8x based on its projected earnings for 2019. Williams Companies’ historical average multiple is ~18x. The company offers a yield of 5.8%. Continue to Next Part Browse this series on Market Realist: * Part 1 - How Analysts View the Top MLPs at the Beginning of 2019 * Part 2 - Enterprise Products Partners: Analysts Are Positive * Part 3 - Is Plains All American Pipeline Stock a Good Bargain?

  • Business Wire12 days ago

    Energy Transfer Operating, L.P. Announces Pricing of $4.0 Billion of Senior Notes

    Energy Transfer Operating, L.P. today announced the pricing of its $750 million aggregate principal amount of 4.500% senior notes due 2024, $1.5 billion aggregate principal amount of 5.250% senior notes due 2029 and $1.75 billion aggregate principal amount of 6.250% senior notes due 2049 at a price to the public of 99.646%, 99.789% and 99.850%, respectively, of their face value.

  • How Analysts View the Top MLPs at the Beginning of 2019
    Market Realist13 days ago

    How Analysts View the Top MLPs at the Beginning of 2019

    How Analysts View the Top MLPs at the Beginning of 2019 ## MLPs in 2019 Midstream energy companies had poor performances in 2018. So far, 2019 has brought many lucrative opportunities in the space. Including dividends, the Alerian MLP ETF (AMLP), the representative of the largest energy MLPs in the country, returned -12%, while crude oil cracked almost 30% last year. Many MLP giants expect strong earnings growth in 2019 based on analysts’ estimates. In this series, we’ll see how Wall Street analysts view these MLPs. We’ll also discuss MLPs’ current valuations and target prices. ## Strong potential upside The above chart shows the estimated upside offered by MLP giants based on the target prices from Wall Street analysts. Among the top five, Energy Transfer (ET) offers a potential upside of 50% for the next 12 months. Enterprise Products Partners (EPD) stock has an implied upside of 22% going forward. Increasing production volumes had a favorable impact on MLPs’ earnings last year. However, geopolitical tensions hampered crude oil prices and MLPs late last year. MLPs played out well when crude oil’s weakness was worse in October. MLPs are relatively more defensive compared to other energy sectors due to their fee-based operations and comparatively lower exposure to energy commodity prices. Currently, MLPs offer a handsome total return potential considering their higher distribution yield and estimated upside based on analysts’ estimates. AMLP offers a distribution yield of 8.6%, which is a spread of more than 6%–7% compared to broader markets and Treasury yields. Continue to Next Part Browse this series on Market Realist: * Part 2 - Enterprise Products Partners: Analysts Are Positive * Part 3 - Is Plains All American Pipeline Stock a Good Bargain? * Part 4 - Magellan Midstream Partners Stock: What to Expect

  • Oil & Gas M&A Activity Booms: 5 Biggest Deals of 2018
    Zacks17 days ago

    Oil & Gas M&A Activity Booms: 5 Biggest Deals of 2018

    With oil still below the psychological $50-a-barrel threshold, energy investors should brace themselves for more M&A activities to unfold as stronger companies line up to buy the weaker ones.

  • Energy Transfer LP (ET) Gains As Market Dips: What You Should Know
    Zacks17 days ago

    Energy Transfer LP (ET) Gains As Market Dips: What You Should Know

    Energy Transfer LP (ET) closed at $13.34 in the latest trading session, marking a +0.68% move from the prior day.

  • GlobeNewswire19 days ago

    Report: Exploring Fundamental Drivers Behind Energy Transfer LP, Cable One, DTE Energy, Civitas Solutions, Owens Realty Mortgage, and Fortress Biotech — New Horizons, Emerging Trends, and Upcoming Developments

    NEW YORK, Jan. 02, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • Business Wire22 days ago

    Energy Transfer Announces Mariner East 2 Pipeline Is in Service

    Energy Transfer LP (ET) announced that effective today its Mariner East 2 natural gas liquids (NGLs) pipeline is in service, available for both interstate and intrastate service. The 350-mile NGL pipeline transports domestically produced ethane, propane and butane east from processing plants in Ohio across West Virginia and Pennsylvania to Energy Transfer’s Marcus Hook Industrial Complex in Delaware County, PA, where the NGLs are stored for distribution to local, domestic and waterborne markets.

  • Oil Plunge, Winter Threaten North Dakota's Record Production
    Zacks24 days ago

    Oil Plunge, Winter Threaten North Dakota's Record Production

    North Dakota's daily crude production in October broke the previous all-time high set in September, while natural gas output and producing wells also hit records.

  • Energy Transfer Rose ~10% on December 26: What Indicators Suggest
    Market Realist25 days ago

    Energy Transfer Rose ~10% on December 26: What Indicators Suggest

    Energy Transfer (ET) stock was one of the top gainers among energy midstream giants on December 26. Energy stocks broke the downward run after crude oil prices rose more than 7% yesterday. Energy Transfer stock continues to look weak given a large discount to its simple moving average levels.

  • Williams Companies Stock May Offer a Handsome Upside
    Market Realist27 days ago

    Williams Companies Stock May Offer a Handsome Upside

    What’s in Store for Williams Companies Stock?(Continued from Prior Part)Analysts’ recommendations and price target Of the 22 Reuters-surveyed analysts tracking Williams Companies (WMB) stock, seven recommend “strong buy,” 11 recommend “buy,” and four recommend “hold.

  • A Look at Williams Companies’ Implied Volatility
    Market Realist27 days ago

    A Look at Williams Companies’ Implied Volatility

    What’s in Store for Williams Companies Stock?(Continued from Prior Part)Implied volatility On December 20, Williams Companies (WMB) stock’s implied volatility was 35%, higher than its 15-day average of 30%.