|Bid||0.00 x 800|
|Ask||0.00 x 1000|
|Day's Range||18.91 - 19.46|
|52 Week Range||15.06 - 21.68|
|PE Ratio (TTM)||17.85|
|Forward Dividend & Yield||2.26 (12.22%)|
|1y Target Est||N/A|
Investors seeking to preserve capital in a volatile environment might consider large-cap stocks such as Energy Transfer Partners LP (NYSE:ETP) a safer option. Doing business globally, large caps tend toRead More...
If you are an income investor, then Energy Transfer Equity LP (NYSE:ETE) should be on your radar. Energy Transfer Equity, L.P. provides diversified energy-related services in the United States. OverRead More...
In terms of analysts’ ratings, Energy Transfer Partners (ETP), a diversified midstream company involved in almost all activities across the midstream value chain, ranks seventh among the midstream companies we’re looking at. Of the analysts covering the stock on June 18, 75% recommended “buy,” and 25% recommended “hold.”
WTI Cushing-WTI Midland spread, a key indicator to watch Permian upstream producers and pipeline MLPs operating in the region, widened in the week ending June 15—compared to the previous week. The spread between the two was at $9.7 per barrel last week. The spread has fallen slightly from its recent highs. However, the spread is still significantly higher than this year’s average of $3.9 per barrel and the levels seen during the same time last year at $1.0 per barrel.
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.
TransCanada (TRP) and Enbridge (ENB) are trading at attractive yields of 5.1% and 6.5%, respectively. TransCanada raised its dividend in the first quarter, marking the 18th consecutive year of dividend increases. TransCanada expects its annual dividend growth rate to range from 8.0% to 10.0% through 2021.
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.
The full agency upheld part of a Public Utility Commission Administrative Law judge's ruling, issued last month that put construction of the pipelines on hold in a southeastern Pennsylvania township.
Pennsylvania's PUC votes to allow Energy Transfer Partners LP's Sunoco Mariner East 1 natural gas liquids pipeline to return to service.
The yield spread between the Alerian MLP Index (^AMZ) and the ten-year Treasury has narrowed. AMZ was trading at a yield spread of 4.8% to the ten-year Treasury yield by the end of the week ending June 8—slightly higher than the five-year average of 4.6%. However, the current spread is lower than the one-year average of 5.3%. The narrowing of the spread is due to the recent MLP rally and rise in US Treasury yields.
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.