22.30 0.00 (0.00%)
After hours: 4:46PM EDT
|Bid||22.26 x 800|
|Ask||22.59 x 4000|
|Day's Range||22.30 - 22.60|
|52 Week Range||15.06 - 24.38|
|PE Ratio (TTM)||20.67|
|Earnings Date||Nov 5, 2018 - Nov 9, 2018|
|Forward Dividend & Yield||2.26 (10.02%)|
|1y Target Est||26.65|
Energy Transfer Equity (ETE) paid a distribution of $0.31 per unit for the third quarter, which represents an annualized distribution of $1.22 per unit for 2018—an increase of 6% year-over-year. In comparison, Williams Companies (WMB) paid a dividend of $0.34 per share, which implies an annualized dividend of $1.36 per share. The dividend growth is more than 13% year-over-year.
Energy Transfer Equity’s (ETE) subsidiary, Energy Transfer Partners (ETP) has notable exposure to the Permian region—the most prolific basin in the country. Energy Transfer Partners also has several expansion projects ongoing in the region. The region continues to experience strong drilling activity. Energy Transfer Equity witnessed 29% EBITDA growth during the first half of 2018—compared to the same period last year.
North Dakota's daily crude production in July broke the previous all-time high set in May, while natural gas output and producing wells also hit records.
Energy Transfer Partners LP (ETP) CEO Kelcy L. Warren bought 2,000,000 shares on Sept. 10 at a price of $22.42. Energy Transfer Partners LP is engaged in crude oil operations, consisting of an integrated set of pipeline, terminalling, and acquisition and marketing of crude oil from producers to end-user markets.
Conventional wisdom says that insiders and 10-percent owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit. Energy Transfer Partners LP (NYSE: ETP) saw CEO Kelcy Warren step up to the buy window again this past week. The more than 1.63 million shares of this natural gas and propane company acquired, at per-share prices ranging from $22.22 to $22.65, cost him more than $36.74 million.
Moody's Investors Service ("Moody's") assigned ratings to PES Holdings, LLC (PES), including a B2 Corporate Family Rating (CFR), a B2-PD Probability of Default Rating (PDR), a Ba2 rating to Tranche ...
According to Wall Street analysts’ consensus estimates, Energy Transfer Equity (ETE) has a median price target of $21.44 compared to its current market price of $17.63, which implies an estimated upside of ~22% over the next 12 months.
On September 11, Energy Transfer Equity’s (ETE) implied volatility was 23%, higher than its 15-day average. Implied volatility measures investor nervousness, and a rise in implied volatility is normally associated with a fall in a stock’s price. Energy Transfer Partners (ETP) had implied volatility of 23% recently.
Now let’s take a look at Energy Transfer Equity’s (ETE) total returns. In the past year, ETE has returned 6%, while in the last five years, it has returned more than 7% compounded annually. We’ve considered both stock appreciation and distribution payments in our calculation of ETE’s total returns.
Energy Transfer Equity (ETE) stock is currently trading at $17.63, ~1% below its 50-day moving average and 4% above its 200-day moving average.
Energy Transfer Equity (ETE) stock has rallied almost 40% since its 52-week low in March. So far this year, ETE is up ~2%, and Energy Transfer Partners (ETP) has surged more than 25%.
PUC has the jurisdiction over the pipeline, which carried natural gas from the well to a place where it could be sent to market.
Energy Transfer Equity, L.P. (ETE) and Energy Transfer Partners, L.P. (ETP) today announced that ETE’s Registration Statement on Form S-4 relating to the previously announced merger transaction between ETE and ETP has been declared effective as of September 7, 2018 by the Securities and Exchange Commission (“SEC”), and that ETP has filed a definitive proxy statement with the SEC for the special meeting of its unitholders to vote on the merger. The special meeting of ETP unitholders will be held on October 18, 2018, at 10:00 a.m. local time, at Hilton Dallas Park Cities Hotel, 5954 Luther Lane, Dallas, Texas 75225. All ETP common unitholders of record as of the close of business on September 10, 2018, which is the record date for the special meeting, will be entitled to vote their common units.
A landslide caused by the major rainfall in the region might have contributed to the explosion of Energy Transfer's (ETP) Revolution Pipeline.
CEO of Energy Transfer Partners Lp (NYSE:ETP) Kelcy L Warren bought 2,000,000 shares of ETP on 09/10/2018 at an average price of $22.42 a share.
State officials descended Monday on Center Township to investigate why a natural gas pipeline ruptured in Beaver County, leading to about 40 evacuations in the early morning hours and the closing of a road. No one was hurt in the explosion and fire that occurred shortly before 5 a.m. on a 24-inch natural gas gathering line owned by Energy Transfer Partners (NYSE: ETP), the Dallas-based pipeline company that also owns the Mariner East and Rover pipelines among many others.
The WTI Cushing-WTI Midland spread, a key indicator for Permian producers, saw a steep contraction last week. The spread fell to $14.6 per barrel by the end of the week compared to highs of $17.8 per barrel in the week ending August 31. However, the current spread is still high compared to the previous month’s low of $12 per barrel and the one-year average of $5.0 per barrel.
The pipeline explosion occurred shortly before 5 a.m. and was brought under control about two hours later after the pipeline's owner, Energy Transfer Partners, shut off the flow of gas, said Center Township Police Chief Barry D. Kramer in a news conference that was simulcast on radio. It wasn't immediately clear which Energy Transfer Partners (NYSE: ETP) pipeline was impacted. Kramer told reporters that at 5:52 a.m., two valves – one near Center Township and the other on the way to Burgettstown — were shut off.
Energy Transfer Partners, L.P. (ETP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Moody's Investors Service ("Moody's") said that Traverse Midstream Partners LLC's (Traverse) proposed $150 million Add-on to its Term Loan B due September 2024 (the Add-on) will not affect the company's credit ratings or stable outlook. The Add-on is being offered as an addition to Traverse's existing $1,285 million Term Loan B due September 2024 that Traverse initially issued in September 2017. The proposed $150 million Add-on and the existing $1,285 million Term Loan B are rated B1 in accordance with Moody's Loss Given Default (LGD) methodology, equivalent to the B1 Corporate Family Rating (CFR), reflecting their dominance in Traverse's capital structure compared to a new $50 million super priority revolving credit facility to be put in place for additional liquidity.
On August 28, JPMorgan Chase raised its price target for Energy Transfer Equity (ETE) from $24 to $25. It also raised its price target for Energy Transfer Partners (ETP) by $1 to $32. Of the 17 analysts surveyed by Reuters that cover Energy Transfer Equity, eight analysts have rated it as a “strong buy,” seven have rated it as a “buy,” and the remaining two have rated it as a “hold.” The median price target for the stock is $21.5, implying an upside potential of 23% from its current price.
DALLAS and TULSA, Okla., and FINDLAY, Ohio, and BRENTWOOD, Tenn., Sept. 4, 2018 /PRNewswire/ -- Energy Transfer Partners, L.P. (ETP) ("Energy Transfer"), Magellan Midstream Partners, L.P. (MMP) ("Magellan"), MPLX LP (MPLX) ("MPLX") and Delek US Holdings, Inc. (DK) ("Delek") announced today that they have received sufficient commitments to proceed with plans to construct a new 30-inch diameter common carrier pipeline to transport crude oil from the Permian Basin to the Texas Gulf Coast region, with the ability to increase the pipe diameter to expand the capacity based upon additional commitments received during the upcoming open season. An open season for additional shipper volume commitments on the new pipeline system will be launched this week. The 600-mile pipeline system is expected to be operational in mid-2020 with multiple Texas origins, including Wink, Crane and Midland.
Energy Transfer Partners, L.P. , Magellan Midstream Partners, L.P. , MPLX LP and Delek US Holdings, Inc.