Energy Transfer LP ET

$19.46 -0.70 (-3.47%)

Valuation

Market cap
70,036,728,000
Revenue TTM
$85,536,000,000
Net income TTM
$4,181,000,000
P/E (trailing)
14.20
P/E (forward)
—
Profit margin
4.89%
Debt to equity
1.35

Trading

Volume
19,812,500
Avg volume
8,343,602
Day's range
$19.45 – $20.06
Shares out
3,443,300,000
Stochastic %K
28%
Beta
0.62
Analysts
Strong Buy
Price target
$24.48

Price

Company profile

Energy Transfer LP, together with its subsidiaries, provides energy-related services in the United States. It operates through Intrastate Transportation and Storage; Interstate Transportation and Storage; Midstream; Natural Gas Liquid (NGL) and Refined Products Transportation and Services; Crude Oil Transportation and Services; Investment in Sunoco LP; Investment in USA Compression Partners, LP (USAC); and All Other...

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Energy Transfer LP, together with its subsidiaries, provides energy-related services in the United States. It operates through Intrastate Transportation and Storage; Interstate Transportation and Storage; Midstream; Natural Gas Liquid (NGL) and Refined Products Transportation and Services; Crude Oil Transportation and Services; Investment in Sunoco LP; Investment in USA Compression Partners, LP (USAC); and All Other segments. The company owns and operates natural gas transportation pipelines and storage facilities; and approximately 12,200 miles of intrastate natural gas transportation pipelines and 20,090 miles of interstate natural gas pipelines. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. In addition, the company owns and operates natural gas gathering pipelines, processing plants, and treating and conditioning facilities; and natural gas gathering, compression, treating, dehydration and processing, oil pipeline facilities. Further, it owns 5,700 miles of NGL pipelines; NGL fractionation and storage facilities; and other NGL storage assets and terminals. Additionally, the company provides crude oil transportation, terminalling, trucking, acquisition, and marketing activities; owns and operates approximately 18,000 miles of crude oil trunk and gathering pipelines; and sells and distributes motor fuels and other petroleum products under the Sunoco and EcoMaxx brands. It also offers natural gas compression; wholesale power trading; and carbon dioxide and hydrogen sulfide removal services, as well as management of coal and natural resources properties; sells standing timber; leases coal-related infrastructure facilities; and collects oil and gas royalties. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. Energy Transfer LP was founded in 1996 and is headquartered in Dallas, Texas.

Industry
Oil & Gas Midstream
Sector
Energy
Phone
214 981 0700
Website
https://energytransfer.com
Address
8111 Westchester Drive, Suite 600, Dallas, United States

Latest news

Stocktwits

Gunther77 Nov 4, 10:42 PM
$ET i think winter is coming, and it's a super el nino.
0 replies
cuemark8 Nov 4, 8:17 PM
$ET Love the dip here. Natural gas is ET biggest revenue. Pipelines aren't going away No operating pipelines were ever closed down. Natural gas isn't going away. Make it harder to build new pipelines and new natural gas wells it will only push the price higher for the product as you can't get more to market. #1 source for electric generation is natural gas and that isn't going change. As far I'm concerned close every coal fired power plant tomorrow. Nuclear takes forever to build. Back log of natural gas turbines now. USA became the producer of natural gas in the world in 2022.
0 replies
The_Brand94 Nov 4, 8:11 PM
$ET this is partially true, however, I have a feeling dems will spend more time trying to impeach and sue Trump and the administration versus actually doing anything else. Pretty much a stalemate. That being said, most of the deregulation that has occurred will stay in place. Moratoriums on new data centers don’t affect the ones that have already been approved and are underway.
1 replies
ItsCarRamRod Nov 4, 8:01 PM
$ET moved to texas to avoid the blue wave and as irony would have it it found the blue wave anyway. LOL
2 replies
cobragene Nov 4, 7:37 PM
$ET There are approximately 90 billionaires in TX, many are in the gas and oil business, do you think for one minute these Titans of industry will let Talereject slow them down? Buy buy buy.
2 replies
Kaizan Nov 4, 7:04 PM
$ET BREAKING NEWS: NO MORE NEED FOR LNG OR OIL IN THE USA. RESIDENTS ARE ADVISED TO BURN ANY WOOD THEY CAN FIND..
0 replies
AddiLivi Nov 4, 6:23 PM
$ET I’m sure with dems in congress green chile, desert south and Mississippi we struggle to pass regulations.
0 replies
Baazigar123 Nov 4, 6:04 PM
$ET Terrible
0 replies