Energy Transfer LP (ET)
Chart Events
Performance Outlook
| Previous Close | 6.36 |
| Open | 6.31 |
| Bid | 6.21 x 1000 |
| Ask | 6.22 x 1400 |
| Day's Range | 6.19 - 6.48 |
| 52 Week Range | 3.75 - 13.86 |
| Volume | 13,437,902 |
| Avg. Volume | 21,931,211 |
| Market Cap | 16.766B |
| Beta (5Y Monthly) | 2.63 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.10 |
| Earnings Date | Feb 17, 2021 - Feb 22, 2021 |
| Forward Dividend & Yield | 1.07 (16.78%) |
| Ex-Dividend Date | Nov 05, 2020 |
| 1y Target Est | 9.95 |
Fair Value
Related Research
- PR Newswire
Sunoco LP Announces Early Tender Results of Tender Offer of its 4.875% Senior Notes due 2023
Sunoco LP (NYSE: SUN) ("Sunoco") today announced the early tender results for its previously announced cash tender offer (the "Offer") for any and all of its outstanding 4.875% Senior Notes due 2023 (the "Notes"). The terms and conditions of the Offer are set forth in the Offer to Purchase, dated November 9, 2020, as amended to "upsize" the Offer and remove the tender cap (as the same may be further amended or supplemented, the "Offer to Purchase"). The Offer will expire at 11:59 p.m., New York City time, on December 8, 2020, unless extended or earlier terminated by Sunoco.
- InvestorPlace
7 F-Rated Dividend Stocks to Avoid
Total return. That’s a combination of growth and the dividend a stock returns. The dividend is kind of like a guaranteed return, even if the stock doesn’t perform or the market rolls over. That’s why companies that offer dividends are considered shareholder friendly. They return some of their net profits to their investors and generally back that dividend, even in hard times. Plus, even small dividends on stocks are outperforming saving account interest, money markets and CDs. You can have your money invested at a better price than keeping it in the bank and get an added growth kicker.InvestorPlace - Stock Market News, Stock Advice & Trading Tips But that doesn’t mean you can pick any stock that provides a dividend. When times get tough, a company may cut its dividend to keep the company afloat. Now, that’s not the case in all companies that provide dividends — some have been paying and growing dividends for more than 50 consecutive years. 7 Hot Stocks to Buy Before 2021 Ushers in Change However, the seven ‘F-rated’ dividend stocks to avoid here aren’t in that select group. They’re in hurting sectors and are struggling to keep their stocks up, and businesses going: Strategic Education (NASDAQ:STRA) Equity Residential (NYSE:EQR) Federal Realty Investment Trust (NYSE:FRT) Kennedy-Wilson Holdings (NYSE:KW) Energy Transfer LP (NYSE:ET) CF Industries (NYSE:CF) Walgreens Boots Alliance (NYSE:WBA) Dividend Stocks to Avoid: Strategic Education (STRA) Source: Shutterstock The name might not be familiar, but a couple of its products might stand out — Strayer University and now Capella University. Both are online and Strayer has 78 campuses around the U.S. with its original campus in Washington, D.C. In early November STRA announced the merger with Capella, which will provide some help for both organizations in expanding enrollment around the U.S. during the novel coronavirus pandemic. STRA’s recent Q3 numbers were down from last year, due to the pandemic. And it also recently sold operations it had in Australia and New Zealand. There’s also talk about starting a culinary school with Sur La Table. It’s working hard to find a way to succeed in this market, but STRA stock is down 44% year to date. And another bad quarter or two may mean the dividend could be cut, which would send the stock into freefall. Equity Residential (EQR) Source: IgorGolovniov / Shutterstock.com As a real estate investment trust (REIT) you would think that EQR would be having a field day right now. The problem is, EQR is in the apartment rental market in major cities like San Francisco, Boston and New York. That means two things, neither of which is good. First, the pandemic has been especially hard on large urban areas due to population density. And when those cities shut down, people lose their jobs. That means rent is no longer a reliable source of revenue. Second, people that still have jobs and are working from home are starting to look outside of big cities to work. And that means rising vacancies. This double whammy is hitting EQR stock hard. 8 Tech Stocks That Could Benefit from a Biden Presidency The stock is down 26% year to date and has a 4.1% dividend. The risk here is, things could get worse before they get better given the resurgence in the pandemic. Federal Realty Investment Trust (FRT) Source: Shutterstock This REIT has been around since 1962, and it has a very good dividend record. But the problem is, while its dividend may be safe, the dividend isn’t going to help your return on the stock, since its properties are focused on locations where the pandemic is making life hard for retailers and renters alike. FRT focuses on mixed use properties in upscale markets in significant urban centers around the U.S. The problem now is the REIT is exposed to the double whammy of reduced foot traffic for the high-end retailers (and keeping those storefronts occupied) and reduced interest from property owners and renters moving into high-density urban locations. And with potential localized lockdowns reappearing in major cities as the pandemic worsens, this will continue to affect FRT’s ability to get back to good times. Worst-case scenario means the dividend may be at risk. But even if its dividend remains intact, the stock is down 30% year to date, so its 4.7% dividend is cold comfort as downside risk rises. Kennedy-Wilson Holdings (KW) Source: Shutterstock While KW calls itself an international real estate company, it operates enough like a REIT that it’s in the National Association of Real Estate Investment Trust’s directory. It has multifamily properties as well as commercial and hotel properties in the U.S. and Europe. That means it’s under the same pressures as the previous REITs but on a global scale. And its hospitality division is particularly under stress, since European nations are locking down once again. There is still some optimism for KW stock in the markets, but the jeopardy levels are rising. And its current 28x price-to-earnings ratio seems a bit rich for a company with this much at risk. 7 Infrastructure Stocks to Buy for Coast-to-Coast Improvements Also, that P/E is after the stock has sunk 27% year to date. Given where the world is right now, thinking 2021 is going to be on track for a big, global economic recovery may be a bit optimistic. And its rich 5.4% dividend isn’t turning that red to black, and it may be in jeopardy if the pandemic has its way this winter. Energy Transfer LP (ET) Source: Casimiro PT / Shutterstock.com The midstream energy market — pipelines — is usually a solid place to be when energy prices are volatile, since these companies operate as toll takers for companies using their pipelines. The price of oil and natural gas don’t matter to these companies. But what does matter is demand. And it’s looking like the U.S. is under siege from Covid-19 and at best that means people are going to stay close to home. Certainly the winter season in much of the country will increase demand for natural gas for heating, and that’s EP’s specialty. Yet that seasonal demand is baked into its pricing and performance models. This quarter will certainly be weaker than it was a year ago. Limited Partnerships are the energy patch’s version of REITs. They throw off dividends for investors as a percentage of their net profits. But when prices get hit, dividends rise. ET stock is down 53% year to date, and it has a whopping dividend of 10.2%. That sounds great, but the higher it gets, the higher the risk of a dividend cut or elimination. And that would be very bad for the stock as well. CF Industries Holdings (CF) Source: Shutterstock This fertilizer company has been around since 1946, so it has seen some challenging markets over the years. And generally speaking, fertilizer is a pretty stable business. CF is the world’s leader in converting natural gas to nitrogen. It has nine manufacturing facilities in the U.S., Canada and the U.K. The one issue is, this sector can be cyclical. When economies are going strong, the demand for agricultural goods rises and so does the demand for fertilizer. That isn’t the case now. While CF isn’t in dire straights and will likely get through this current challenging global market, it’s no time to bottom fish the stock. 7 Micro-Cap Stocks To Buy And Hold For The Next 10 Years CF stock is down 33% year to date, so its 3.7% dividend isn’t going to save it from a tough year. And there’s no knowing where the bottom is, so thinking the stock has seen its worst is a risky bet if you’re hoping to sit on that 3.7% dividend here. Walgreens Boots Alliance (WBA) Source: saaton / Shutterstock.com On the plus side, WBA stock has 45 consecutive years of dividend growth. On the downside, the stock has been in a significant downward trend since late 2018. Back then, it was trading near $85. Now it’s trading around $37. Its fiscal Q4 numbers were released in October and they were solid. The pharmacy side of the business was solid if unspectacular and same-store sales were up around 5%. There isn’t a concern that WBA is going to disappear from the marketplace. But that still doesn’t mean it’s a stock worth holding right now. It is still transitioning its $17 billion purchase of nearly 2,000 Rite Aid (NYSE:RAD) stores in 2018. Given RAD’s struggles, WBA might not be able to fix some of those stores and that could be a drag on the whole company. WBA stock is down 36% year to date, so its 5% dividend is impressive, but it can’t be the reason to rely on this stock’s ability to recover from here. On the date of publication, Louis Navellier has no long positions in any stocks in this article. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. The InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article. Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system — with returns rivaling even Warren Buffett. In his latest feat, Louis discovered the “Master Key” to profiting from the biggest tech revolution of this (or any) generation. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Top Stock Picker Reveals His Next 1,000% Winner Radical New Battery Could Dismantle Oil Markets The post 7 F-Rated Dividend Stocks to Avoid appeared first on InvestorPlace.
- Benzinga
Return On Capital Employed Overview: Energy Transfer
Energy Transfer (NYSE: ET) posted a 81.74% decrease in earnings from Q2. Sales, however, increased by 35.66% over the previous quarter to $9.96 billion. Despite the increase in sales this quarter, the decrease in earnings may suggest Energy Transfer is not utilizing their capital as effectively as possible. In Q2, Energy Transfer earned $1.34 billion and total sales reached $7.34 billion.What Is Return On Capital Employed? Changes in earnings and sales indicate shifts in Energy Transfer's Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is a sign of higher earnings per share in the future. In Q3, Energy Transfer posted an ROCE of 0.01%.It is important to keep in mind ROCE evaluates past performance and is not used as a predictive tool. It is a good measure of a company's recent performance, but several factors could affect earnings and sales in the near future.View more earnings on ETReturn on Capital Employed is an important measurement of efficiency and a useful tool when comparing companies that operate in the same industry. A relatively high ROCE indicates a company may be generating profits that can be reinvested into more capital, leading to higher returns and growing EPS for shareholders.For Energy Transfer, the return on capital employed ratio shows the number of assets can actually help the company achieve higher returns, an important note investors will take into account when gauging the payoff from long-term financing strategies.Q3 Earnings Insight Energy Transfer reported Q3 earnings per share at $0.2/share, which did not meet analyst predictions of $0.24/share.See more from Benzinga * Click here for options trades from Benzinga * Return On Capital Employed Overview: Fossil Group * Looking Into Intel's Return On Capital Employed(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
