ET - Energy Transfer LP

NYSE - NYSE Delayed Price. Currency in USD
14.25
+0.03 (+0.21%)
At close: 4:00PM EST
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Previous Close14.22
Open14.44
Bid14.10 x 4000
Ask14.58 x 1000
Day's Range14.13 - 14.78
52 Week Range12.80 - 19.34
Volume12,597,055
Avg. Volume9,556,184
Market Cap37.294B
Beta (3Y Monthly)2.39
PE Ratio (TTM)12.86
EPS (TTM)1.11
Earnings DateFeb 19, 2019 - Feb 25, 2019
Forward Dividend & Yield1.22 (8.56%)
Ex-Dividend Date2018-11-07
1y Target Est21.88
Trade prices are not sourced from all markets
  • 6 Undervalued Stocks With High Business Predictability
    GuruFocus.com7 days ago

    6 Undervalued Stocks With High Business Predictability

    According to the GuruFocus All-in-One Screener, the following companies have high business predictability ratings and a wide margin of safety. The company has a business predictabilty rating of 3.5 out of five stars and, according to the discounted cash flow calculator, a 16% margin of safety at $172 per share. The provider of software-defined application services has a market cap of $10.59 billion.

  • Business Wire10 days ago

    Energy Transfer Announces Binding Open Season for the Mariner East Pipeline System

    Energy Transfer LP today announced that its subsidiary, Sunoco Pipeline L.P. , launched a binding open season to solicit shipper commitments for transportation service of C3+ from the Marcellus/Utica play in Pennsylvania to destination facilities in Claymont, Delaware and Marcus Hook, Pennsylvania, through the Mariner East pipeline system.

  • Reuters11 days ago

    Energy Transfer defends Mariner East 2 NGL pipe plan in Pennsylvania

    Energy Transfer LP representatives are heading to Pennsylvania's capital on Thursday for a hearing before utility regulators to defend the company's plan to put the Sunoco Mariner East 2 natural gas liquids pipe into service by year end. Energy Transfer wants to temporarily connect an existing 1930s-era 12-inch (30.5 centimeter) pipe to the parts of its long-delayed 20-inch Mariner East 2 pipeline that it has already completed so it can start transporting liquids for customers. When Energy Transfer first started working on the $2.5 billion project in February 2017, it had planned to put the 350-mile (563-kilometer) pipe into service in the third quarter of 2017.

  • Will Oil Plunge Disrupt North Dakota's Production Juggernaut?
    Zacks11 days ago

    Will Oil Plunge Disrupt North Dakota's Production Juggernaut?

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

  • Energy Transfer: Analysts See Huge Potential Upside
    Market Realist12 days ago

    Energy Transfer: Analysts See Huge Potential Upside

    Energy Transfer (ET) stock has a median target price of $22.31—compared to its current market price of $14.42, which implies a healthy estimated upside of 55% for the next 12 months.

  • Reuters12 days ago

    Two U.S. pipelines rack up violations, threaten industry growth

    Energy Transfer LP and its Sunoco pipeline subsidiary have racked up more than 800 state and federal permit violations while racing to build two of the nation's largest natural gas pipelines, according to a Reuters analysis of government data and regulatory records. The pipelines, known as Energy Transfer Rover and Sunoco Mariner East 2, will carry natural gas and gas liquids from Pennsylvania, Ohio and West Virginia, an area that now accounts for more than a third of U.S. gas production. Reuters analyzed four comparable pipeline projects and found they averaged 19 violations each during construction.

  • Energy Transfer: Recent Institutional Activity
    Market Realist13 days ago

    Energy Transfer: Recent Institutional Activity

    In this part, we’ll discuss how institutional investors played Energy Transfer (ET) stock in the third quarter. According to a recent 13F filing, Harvest Fund Advisors increased its stake by adding net 1.9 million shares of Energy Transfer in the third quarter. Harvest Fund Advisors held an ~1.9% stake in Energy Transfer as of September 30.

  • Analyzing Energy Transfer’s Valuation Compared to Its Peers
    Market Realist13 days ago

    Analyzing Energy Transfer’s Valuation Compared to Its Peers

    Energy Transfer (ET) stock seems to be trading at a discounted valuation compared to its five-year historical average. The stock is trading at a forward enterprise value-to-EBITDA multiple of 11x based on the estimated earnings for the next year. Energy Transfer’s historical average valuation is near 16x. Peers’ average valuation is close to 10x. So, the stock looks expensive compared to its peers. However, Energy Transfer’s strong expected growth above 13% next year likely justifies the premium valuation.

  • Energy Transfer Stock: Is More Weakness Coming?
    Market Realist13 days ago

    Energy Transfer Stock: Is More Weakness Coming?

    Recently, Energy Transfer (ET) stock was weak. The stock has fallen almost 20% since early October when crude oil prices started sliding from their peaks. The supply glut and geopolitical tensions have pulled oil prices down more than 30% in the last two months.

  • Are Analysts Bullish on Targa Resources?
    Market Realist13 days ago

    Are Analysts Bullish on Targa Resources?

    On November 19, U.S. Capital Advisors raised its rating for Targa Resources (TRGP) to “overweight” from “hold.” However, U.S. Capital Advisors cut its target price for the stock from $61 to $59. Among the 22 Reuters-surveyed analysts covering Targa Resources, eight rated the stock as a “strong buy,” six rated it as a “buy,” and eight rated it as a “hold.”

  • Oil Prices Fell, Dragged Top Midstream Companies Last Week
    Market Realist13 days ago

    Oil Prices Fell, Dragged Top Midstream Companies Last Week

    Crude oil prices fell more than 10% in the week ending November 23. The top midstream companies followed, even though the fall was less compared to the fall in oil prices. The Alerian MLP Index fell 3.3% for the week. In comparison, the Energy Select Sector SPDR ETF (XLE) fell 4.9%.

  • Sunoco’s 12% Yield: Management Expects to Sustain Distributions
    Market Realist17 days ago

    Sunoco’s 12% Yield: Management Expects to Sustain Distributions

    Energy Transfer’s (ET) MLP subsidiary, Sunoco (SUN), is trading at a high yield of 12%. Sunoco hasn’t raised its distributions for the last nine quarters. As the above graph shows, Sunoco has fallen ~7% year-to-date, outperforming the Alerian MLP ETF (AMLP).

  • Analyzing Energy Transfer’s 8.3% Yield
    Market Realist18 days ago

    Analyzing Energy Transfer’s 8.3% Yield

    Energy Transfer (ET) paid a per-unit distribution of $0.305 for Q3 2018, which implies a yield of ~8.3%, based on Energy Transfer’s current stock price. Though Energy Transfer Partners’ unitholders had to take an effective distribution cut after the merger with Energy Transfer Equity, Energy Transfer’s yield looks attractive currently. Energy Transfer’s distribution coverage ratio, pro forma for the Energy Transfer Partners-Energy Transfer Equity merger, was 1.73x for Q3 2018.

  • Why MLPs Are Still an Attractive Option for Income Investors
    Market Realist18 days ago

    Why MLPs Are Still an Attractive Option for Income Investors

    Energy MLPs had been a favorite for income-seeking investors for nearly two decades. The challenges following the slump in oil prices in 2014–2015 took the wind out of this sector, though. However, as the sector consolidates and companies find ways to survive and grow in the new environment, some interesting opportunities seem to be available for investors. The Alerian MLP Index, a benchmark index for energy MLPs, is trading at a yield of ~8.1%. That’s ~5% higher than the US ten-year Treasury yield.

  • 3 Things Energy Transfer’s CEO Wants You to Know About What’s Ahead
    Motley Fool18 days ago

    3 Things Energy Transfer’s CEO Wants You to Know About What’s Ahead

    The midstream giant envisions a bright future.

  • How Institutional Investors Played Energy Transfer
    Market Realist21 days ago

    How Institutional Investors Played Energy Transfer

    In this series, we are looking at institutional activity in the top midstream companies during the third quarter. Most of the institutional investors raised their stakes in Energy Transfer (ET) during the third quarter. According to a recent 13F filing, Harvest Fund Advisors increased its stake by adding net 1.9 million shares of Energy Transfer in the third quarter. Harvest Fund Advisors held an ~1.9% stake in Energy Transfer as of September 30.

  • PR Newswire21 days ago

    Sunoco LP Extends Exchange Offers of its 4.875% Senior Notes due 2023, 5.500% Senior Notes due 2026 and 5.875% Senior Notes due 2028

    DALLAS , Nov. 19, 2018 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") announced today that it has further extended the expiration date for its previously announced exchange offers relating ...

  • Energy Transfer's Tonja De Sloover: A new generation’s ‘litigation warrior’
    American City Business Journals21 days ago

    Energy Transfer's Tonja De Sloover: A new generation’s ‘litigation warrior’

    Tonja De Sloover is the assistant general counsel and head of litigation at Dallas-based Energy Transfer Partners, one of the largest oil and gas pipeline companies in the U.S. She is in charge of some of the biggest and most complex corporate lawsuits pending in the U.S. court system

  • Why Energy Transfer Stock offers Compelling Upside Potential
    Market Realist25 days ago

    Why Energy Transfer Stock offers Compelling Upside Potential

    According to Wall Street analyst estimates, Energy Transfer (ET) stock has a median price target of $22.33, compared to its current market price of $14.93, which implies an upside potential of 50% over the next 12 months. Morgan Stanley raised ET’s price target from $23.0 to $25.0 on November 9. Sixteen Wall Street analysts currently follow Energy Transfer stock. Six have given the stock “strong buy” ratings while eight have given it “buy” ratings.

  • Where Energy Transfer Stock Could Head after Q3 2018 Earnings
    Market Realist25 days ago

    Where Energy Transfer Stock Could Head after Q3 2018 Earnings

    Energy Transfer (ET) stock is currently trading at $14.93, approximately 11% below its 50- and 200-day moving averages. The significant discount to both these moving averages suggests weakness in the stock. A level around $16.80 could act as resistance for the stock. ET bounced back, reaching a support level of ~$14.80 in late October. So this level might also be crucial for Energy Transfer stock.

  • Energy Transfer Stock’s Valuation after Q3 2018 Earnings
    Market Realist25 days ago

    Energy Transfer Stock’s Valuation after Q3 2018 Earnings

    Energy Transfer (ET) stock is currently trading at a forward enterprise value–to–EBITDA multiple of 12x, based on its expected 2019 earnings. Its five-year historical average valuation is over 16x. Peers’ average is close to 10x. So Energy Transfer stock seems to be trading at a premium valuation to its peers, and it seems inexpensive compared to its historical average. Although Energy Transfer stock looks expensive, its robust expected growth of above 15% next year likely justifies the premium valuation.

  • PR Newswire25 days ago

    Sunoco LP Announces Definitive Agreement to Acquire Refined Products Terminals From American Midstream Partners LP

    DALLAS , Nov. 15, 2018 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") announced today the execution of a definitive agreement to purchase the refined products terminalling business from American ...

  • A Look at Energy Transfer’s Leverage after Q3 2018
    Market Realist26 days ago

    A Look at Energy Transfer’s Leverage after Q3 2018

    Energy Transfer’s (ET) leverage position has improved over the last few quarters despite an increase in total debt. At the end of September 30, it had net debt of $44.4 billion—a 1.4% increase compared to its net debt at the end of 2017.

  • Digging into Energy Transfer’s Q3 2018 Earnings
    Market Realist26 days ago

    Digging into Energy Transfer’s Q3 2018 Earnings

    Energy Transfer (ET) reported higher earnings in the third quarter from all of its segments. Its biggest segment—Crude Oil Transportation—reported adjusted EBITDA of $682 million, compared to $420 million in the third quarter last year, an increase of 62% YoY (year-over-year). In the first and second quarters, the segment reported EBITDA growth of 148% and 140%, respectively. The segment’s earnings increased in the third quarter mainly due to higher throughput volumes, driven by higher production in West Texas. The segment accounts for more than 30% of Energy Transfer’s total earnings.

  • GlobeNewswire26 days ago

    Investor Expectations to Drive Momentum within GEE Group, GigaMedia, China XD Plastics Company, Soligenix, Energy Transfer LP, and Oil-Dri Corporation Of America — Discovering Underlying Factors of Influence

    NEW YORK, Nov. 14, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.