ETE - Energy Transfer Equity, L.P.

NYSE - NYSE Delayed Price. Currency in USD
17.05
-0.19 (-1.10%)
At close: 4:02PM EDT
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Previous Close17.24
Open17.16
Bid14.51 x 800
Ask0.00 x 4000
Day's Range16.98 - 17.28
52 Week Range12.80 - 19.34
Volume2,399,179
Avg. Volume3,241,812
Market Cap18.436B
Beta2.25
PE Ratio (TTM)18.29
EPS (TTM)0.93
Earnings DateAug 6, 2018 - Aug 10, 2018
Forward Dividend & Yield1.22 (6.92%)
Ex-Dividend Date2018-05-04
1y Target Est20.17
Trade prices are not sourced from all markets
  • Business Wire8 hours ago

    Energy Transfer Partners, L.P. Announces Pricing of Series D Preferred Unit Offering

    Energy Transfer Partners, L.P. today announced it has priced an underwritten public offering of 16,000,000 of its 7.625% Series D Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units at a price of $25.00 per unit, resulting in total proceeds of $400 million.

  • Why Income Investors Should Put Energy Transfer Equity LP on Their Watchlists
    Motley Fool12 hours ago

    Why Income Investors Should Put Energy Transfer Equity LP on Their Watchlists

    Improving fundamentals and a needle-moving catalyst make this high-yield stock look enticing.

  • Moody's16 hours ago

    Energy Transfer Partners, L.P. -- Moody's rates Energy Transfer Partners' proposed preferred units Ba2

    Moody's Investors Service ("Moody's") assigned a Ba2 rating to Energy Transfer Partners, L.P.'s (ETP) proposed Series D Fixed-to-Floating Cumulative Redeemable Perpetual Preferred Units. Its Baa3 senior unsecured rating, its Ba1 junior subordinated notes rating and its P-3 commercial paper rating are not affected by this action. The proposed preferred units are rated Ba2, two notches below ETP's Baa3 senior unsecured rating, reflecting their subordination to all of the company's existing senior unsecured notes, its unsecured revolving credit facility and its subordinated notes.

  • Energy Transfer Equity’s 7% Distribution Yield Looks Attractive
    Market Realist4 days ago

    Energy Transfer Equity’s 7% Distribution Yield Looks Attractive

    Energy Transfer Equity (ETE) was trading at a distribution yield of 6.9% as of July 11. The recent increase in Energy Transfer Equity’s stock price caused a slight decline in its distribution yield. However, Energy Transfer Equity’s current yield is still above the five-year historical average. Energy Transfer Equity has increased its distribution 25% over the past five years. Energy Transfer Equity kept its distribution flat at $0.3050 per unit during the first quarter after two consecutive quarters of distribution growth.

  • Where Energy Transfer Equity Could Trade in the Next Seven Days
    Market Realist4 days ago

    Where Energy Transfer Equity Could Trade in the Next Seven Days

    Energy Transfer Equity’s (ETE) 30-day implied volatility was 27.5% as of July 11, which is higher than the 15-day average of 25.3%. The increase in Energy Transfer Equity’s implied volatility could be attributed to the recent increase in crude oil’s volatility.

  • Energy Transfer Partners: Sharp Decline in Crude Oil Prices
    Market Realist4 days ago

    Energy Transfer Partners: Sharp Decline in Crude Oil Prices

    US crude oil fell 5.0% on July 11 to end at $70.4 per barrel. The sharp cut came following resumed crude oil supplies from Libya. The decline in crude oil could weigh on Energy Transfer Equity’s (ETE) stock performance. Energy Transfer Equity, the MLP GP of Energy Transfer Partners (ETP), usually has a strong correlation with crude oil. The one-year correlation coefficient between Energy Transfer Equity and crude oil was 0.49 as of July 11.

  • EPD, MPLX, ETP, and PAA: Analysts’ Recommendations
    Market Realist7 days ago

    EPD, MPLX, ETP, and PAA: Analysts’ Recommendations

    Of the four MLPs that we’re discussing in this series, Enterprise Products Partners (EPD) received the most “buy” recommendations from the analysts surveyed by Reuters. All of the analysts surveyed by Reuters rated Enterprise Products Partners as a “buy.” In comparison, 94% of the analysts covering MPLX (MPLX) rated it as a “buy.” Nearly 76% of the analysts covering Energy Transfer Partners (ETP) rated it as a “buy.”

  • Energy Transfer Partners’ Leverage Is Improving
    Market Realist8 days ago

    Energy Transfer Partners’ Leverage Is Improving

    Currently, Energy Transfer Partners’ (ETP) net debt-to-adjusted EBITDA stands at ~5.1x—the highest among the four MLPs that we’re discussing in this series. We’re also analyzing Enterprise Products Partners (EPD), MPLX (MPLX), and Plains All American Pipeline (PAA). MPLX’s ratio is the lowest at 3.5x. Enterprise Products Partners’ ratio stands at ~4.2x.

  • Energy Transfer Partners: Highest Expected Capital Spending
    Market Realist8 days ago

    Energy Transfer Partners: Highest Expected Capital Spending

    Enterprise Products Partners (EPD) spent $3.4 billion on capital projects in 2017. For 2018, the company expects to invest nearly $3.3 billion in growth capital projects. The projects should contribute to Enterprise Products Partners’ future earnings. In May, the company started construction on its ethylene export terminal. Read Enterprise Products Partners Is Up 6% This Year: What’s Ahead? to learn more.

  • MPLX’s Distributable Cash Flow Rose the Most
    Market Realist8 days ago

    MPLX’s Distributable Cash Flow Rose the Most

    MPLX’s (MPLX) DCF (distributable cash flow) grew 43% in 2017 over 2016—the highest growth among the four MLPs that we’re discussing in this series. The growth was driven by contributions from logistics and storage assets acquired from Marathon Petroleum (MPC). MPLX acquired assets from Marathon Petroleum in February. The acquired assets and growth projects should continue to drive the company’s future earnings growth.

  • ETP, MPLX, and EPD: Top MLPs Are Trading at Attractive Yields
    Market Realist10 days ago

    ETP, MPLX, and EPD: Top MLPs Are Trading at Attractive Yields

    Energy Transfer Partners (ETP) is trading at a high yield of ~11.8%. MPLX (MPLX) and Enterprise Products Partners (EPD) are trading at attractive yields of 7.3% and 6.2%, respectively. Plains All American Pipeline (PAA) is trading at a yield of ~5.1%. In comparison, the Alerian MLP Index’s yield stands at ~7.9%. Currently, MLPs offer an attractive spread over the US ten-year Treasury yield, which stood at 2.84% on July 5.

  • EPD, ETP, and MPLX: Are the Top MLPs Undervalued?
    Market Realist11 days ago

    EPD, ETP, and MPLX: Are the Top MLPs Undervalued?

    Enterprise Products Partners (EPD) is trading at a forward EV-to-EBITDA multiple of ~13x—lower than its five-year average multiple of 14.4x, which indicates possible undervaluation. Similarly, Energy Transfer Partners (ETP) is trading at a forward EV-to-EBITDA multiple that’s lower compared to its five-year average.

  • Top MLP Funds Have Generated Negative Returns in 2018
    Market Realist12 days ago

    Top MLP Funds Have Generated Negative Returns in 2018

    The Kayne Anderson MLP Investment Company (KYN), Tortoise Energy Infrastructure (TYG), and ClearBridge Energy MLP Fund (CEM) have all generated negative total returns YTD (year-to-date). They’re the top MLP closed-end funds by assets under management. The Tortoise MLP Fund (NTG) and the First Trust MLP and Energy Income Fund (FEI) have also generated negative total returns YTD.

  • Top MLP Funds Are in the Red in 2018
    Market Realist12 days ago

    Top MLP Funds Are in the Red in 2018

    The Tortoise MLP and Pipeline (TORTX), the Oppenheimer Steelpath MLP Select 40 Fund (MLPFX), and the Oppenheimer Steelpath MLP Income Fund (MLPDX) all generated negative total returns in the first half of 2018. They’re among the largest MLP funds by assets under management. The Center Coast Brookfield MLP Focus Fund (CCCAX) and the Oppenheimer Steelpath MLP Alpha Fund (MLPAX) also generated negative returns in the first half of 2018.

  • Moody's12 days ago

    National Bank of Greece S. A. - Mortgage Covered Bonds 2 -- Moody's: No rating impact on National Bank of Greece S.A. - Mortgage Covered Bonds 2 following proposed amendments

    Moody's Investors Service ("Moody's") announced today that the implementation of the proposed amendments to certain transaction documents will not, in and of itself and at this time, result in a reduction or withdrawal of the current Ba2 rating of the mortgage covered bonds issued by National Bank of Greece S.A. (NBG, counterparty risk assessment B3(cr)) under its Mortgage Covered Bonds 2 programme. Moody's has determined that the implementation of the proposed amendments, in and of itself and at this time, will not result in the downgrade or withdrawal of the ratings currently assigned to the mortgage covered bonds issued by NBG under its Mortgage Covered Bonds 2 programme.

  • Energy Transfer Equity Ranks Seventh in Terms of Total Returns
    Market Realist14 days ago

    Energy Transfer Equity Ranks Seventh in Terms of Total Returns

    Energy Transfer Equity (ETE), the MLP GP of Energy Transfer Partners (ETP) and Sunoco LP (SUN), ranks seventh among midstream companies in terms of seven-year total returns. ETP is also among the top ten.

  • Energy Transfer Partners: Are Analysts Bullish?
    Market Realist15 days ago

    Energy Transfer Partners: Are Analysts Bullish?

    Among the analysts surveyed by Reuters, 76.0% rate Energy Transfer Partners (ETP) as a “buy” as of June 27, while 24% rate it as a “hold.” Energy Transfer Partners’ GP, Energy Transfer Equity has a “buy” rating from 78.0% of the analysts.

  • What Does ETP’s Low Relative Valuation Indicate?
    Market Realist15 days ago

    What Does ETP’s Low Relative Valuation Indicate?

    Energy Transfer Partners (ETP) was trading at a PDCF (price-to-distributable cash flow) ratio of 4.8x as of June 27—significantly below its peers including ONEOK (OKE) and Enterprise Products Partners (EPD).

  • What Are Wall Street Analysts Recommending for ETE and WMB?
    Market Realist15 days ago

    What Are Wall Street Analysts Recommending for ETE and WMB?

    ETE is currently trading close to the low range ($17) of analysts’ consensus target price. A total of 78.9% of analysts have rated Williams Companies (WMB) as a “buy” as of June 22, while the remaining 21.1% have rated it as a “hold.” Seaport Global last initiated coverage on WMB with a “buy” rating.

  • Analyzing Energy Transfer Partners’ Current Distribution Yield
    Market Realist15 days ago

    Analyzing Energy Transfer Partners’ Current Distribution Yield

    Currently, Energy Transfer Partners (ETP) offers an attractive distribution of 11.7%. Energy Transfer Partners’ distribution yield has come off from its 2018 highs. However, the partnership’s distribution yield is still higher than the past three-year and five-year average of 8.9% and 6.7%, respectively.

  • What Are Institutional Investors Doing with ETE and WMB?
    Market Realist15 days ago

    What Are Institutional Investors Doing with ETE and WMB?

    Morgan Stanley unloaded a major position in Energy Transfer Equity (ETE) during the first quarter. It sold 29.6 million shares of ETE valued at $421.1 million. Morgan Stanley was followed by BMO Capital Markets, which sold 5.5 million shares of the GP.

  • Energy Transfer Partners’ Implied Volatility and Price Forecast
    Market Realist18 days ago

    Energy Transfer Partners’ Implied Volatility and Price Forecast

    Energy Transfer Partners’ (ETP) 30-day average implied volatility was 24.3% as of June 28—slightly below the 15-day average of 24.4%. Enterprise Products Partners (EPD) and ONEOK (OKE) have implied volatilities of 17.6% and 20.0%, respectively. The Alerian MLP ETF (AMLP) has an implied volatility of 23.1%. Usually, Energy Transfer Partners has a higher implied volatility compared to AMLP due to the partnership’s relatively higher commodity price exposure compared to most AMLP constituents.

  • Energy Transfer Partners’ Technical Indicators
    Market Realist18 days ago

    Energy Transfer Partners’ Technical Indicators

    Energy Transfer Partners (ETP) continued to trade above its 50-day and 200-day moving averages. The partnership was trading 2.0% above its 50-day simple moving average and 5.0% above its 200-day simple moving average as of June 27, which indicates bullish sentiment in Energy Transfer Partners stock. ONEOK (OKE) and Targa Resources (TRGP) were trading 5.3% and 3.8% above their 50-day moving average.

  • Reuters18 days ago

    U.S. tells ETP to restore land around Rover pipe in Ohio, Michigan

    U.S. federal energy regulators have told Energy Transfer Partners LP to finish restoring the land around parts of its Rover natural gas pipeline in Ohio and Michigan before allowing the company to put more segments in service. FERC said it authorized ETP to put Rover's Vector delivery meter station in Michigan, Defiance compressor station in Ohio and Market Segment between Ohio and Michigan into service on May 1 even though the company had not completed restoration of the grounds around those facilities.

  • Why Energy Transfer Partners Could Gain Upward Momentum
    Market Realist18 days ago

    Why Energy Transfer Partners Could Gain Upward Momentum

    Why Energy Transfer Partners Could Gain Upward Momentum Energy Transfer Partners’ recent performance Energy Transfer Partners (ETP) has been sluggish in recent trading sessions despite strong gains in crude oil prices.