17.34 +0.03 (0.17%)
After hours: 4:03PM EDT
|Bid||16.90 x 4000|
|Ask||17.99 x 2900|
|Day's Range||17.15 - 17.40|
|52 Week Range||12.80 - 19.34|
|PE Ratio (TTM)||18.56|
|Earnings Date||Aug 6, 2018 - Aug 10, 2018|
|Forward Dividend & Yield||1.22 (7.09%)|
|1y Target Est||20.00|
Moody's Investors Service has today assigned Counterparty Risk Ratings to 12 rated banks in Bulgaria, Cyprus and Greece. Moody's Counterparty Risk Ratings (CRR) are opinions of the ability of entities to honor the uncollateralized portion of non-debt counterparty financial liabilities (CRR liabilities) and also reflect the expected financial losses in the event such liabilities are not honored. CRR liabilities typically relate to transactions with unrelated parties.
Energy Transfer Equity (ETE) was trading at a distribution yield of 7% as of June 14. The recent surge in ETE stock has resulted in a decline in its distribution yield. ETE might not increase its distribution in the remaining three quarters of 2018 after a flat distribution in the first quarter.
Energy Transfer Equity’s (ETE) 30-day implied volatility was 24.4% as of June 14. That’s slightly below the 15-day average of 25.2%. The decline could be due to an overall decline in market volatility.
As of June 14, 78% of the analysts covering Energy Transfer Equity (ETE) have rated it a “buy.” The remaining 22% have rated it a “hold.” Bank of America last upgraded ETE to a “buy” from “neutral,” which is equivalent to a “hold.”
Energy Transfer Equity (ETE) continues to trade above its short-term (50-day) and long-term (200-day) moving averages. It was trading 8.1% above its 50-day SMA (simple moving average) and 4.2% above its 200-day SMA as of June 14.
Energy Transfer Equity (ETE), the MLP GP (general partner) of Energy Transfer Partners (ETP), had a positive start this month. It was supported by an overall strong momentum in the midstream energy sector, a result of strong US drilling activity and a slight recovery in crude oil prices.
Pennsylvania's Public Utility Commission (PUC) voted on Thursday to allow Energy Transfer Partners LP's Sunoco Mariner East 1 natural gas liquids pipeline to return to service, reversing a suspension tied to safety concerns. The PUC stopped flows on Mariner East 1 through West Whiteland Township after sinkholes were discovered near the pipeline, prompting State Senator Andrew Dinniman to ask for an emergency order to suspend service. All five PUC commissioners voted to allow Mariner East 1 to resume service.
Pennsylvania's PUC votes to allow Energy Transfer Partners LP's Sunoco Mariner East 1 natural gas liquids pipeline to return to service.
This Wednesday, WallStEquities.com has initiated reports coverage on the following Oil & Gas Pipelines equities: Enbridge Inc. (NYSE: ENB), Energy Transfer Equity L.P. (NYSE: ETE), EQT Midstream Partners LP (NYSE: EQM), and Frank's International N.V. (NYSE: FI). All you have to do is sign up today for this free limited time offer by clicking the link below.
There has been a wave of midstream consolidation transactions in the past year, which increases the odds of more announcements in the coming months.
Wall Street analysts seem bullish on MPLX (MPLX), with about 94% of the Reuters-surveyed analysts rating it a “buy.” The remaining 6% rate the stock a “hold.” MPLX’s strong growth prospects, expected distribution growth, strong coverage, fee-based earnings, and attractive yield likely contributed to the high percentage of “buy” recommendations for the stock.
75.0% of analysts surveyed by Reuters rate Energy Transfer Partners a “buy” as of June 7, and the remaining 25% rate it a “hold.” ETP’s GP (general partner), Energy Transfer Equity (ETE), has “buy” ratings from 77.7% of analysts.
Energy Transfer Partners (ETP) was trading at a price-to-distributable cash flow ratio of 4.9x as of June 7, which is significantly below its peers including Enterprise Products Partners (EPD) and Williams Partners (WPZ).
Energy Transfer Partners (ETP) was trading at a distribution yield of 11.7% as of June 7. ETP’s distribution yield has come down in the recent trading sessions due to the increase in stock price. However, the partnership’s distribution yield is still higher than the last five-year and three-year average of 6.7% and 8.9%, respectively.
The vast majority of master limited partnerships are concentrated in the energy space, specifically midstream energy (pipelines). There are three undervalued MLPs that look attractive today. Buckeye Partners is an energy MLP that owns and operates a diversified network of midstream assets.
Energy Transfer Partners’ (ETP) 30-day implied volatility was 24.3% as of June 7, which is lower than the 15-day average of 25.2%. Peers ONEOK (OKE) and Kinder Morgan (KMI) have implied volatility of 18.2% and 17.9%, respectively. By comparison, the Alerian MLP ETF (AMLP) has an implied volatility of 19.9%. ETP generally has a higher implied volatility compared to AMLP. This is due to its relatively higher commodity price exposure compared to most AMLP constituents.
Pipeline operator Energy Transfer Partners LP has restored power to a pumping station in West Texas and was in the process of restarting operations on two crude pipelines impacted by an outage following storms, a company spokeswoman said on Friday. The storms knocked out the company's Colorado City pumping station and storage facility, and impacted its West Texas Gulf and Permian Express II pipelines, the spokeswoman said.
Energy Transfer Partners (ETP) continues to trade above both its short-term (50-day) and long-term (200-day) moving averages. The partnership was trading 6.9% above its 50-day SMA (simple moving average) and 200-day SMA as of June 7, which indicates a bullish sentiment in ETP stock. In comparison, ETP’s peers, Targa Resources (TRGP) and ONEOK (OKE) were trading 7.2% and 20.1% above their 200-day moving average.
Here are three stocks -- in energy, food, and property -- that meet important needs and whose payouts exceed that of ExxonMobil.
Energy Transfer Equity (ETE), the MLP GP of Energy Transfer Partners (ETP), has a one-year correlation of 0.33 with crude oil as of June 6. At the same time, Energy Transfer Partners has a correlation of 0.30. Energy Transfer Equity’s higher correlation compared to Energy Transfer Partners could be attributed its dependence on subsidiaries for distribution income.
Energy Transfer Partners (ETP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Transfer Partners has restored power to a pumping station in West Texas and is in the process of restarting operations on two crude pipelines.
Energy Transfer Partners (ETP) is trading at a yield of 11.6%. That’s the highest among the select midstream companies we’re covering in this series. In comparison, parent Energy Transfer Equity (ETE) is trading at 7%. MPLX (MPLX) and Enterprise Products Partners (EPD) follow with yields of 6.8% and 5.8%, respectively.