Energy Transfer LP ET

$20.47 +0.37 (1.84%)

Valuation

Market cap
70,484,352,000
Revenue TTM
$85,536,000,000
Net income TTM
$4,181,000,000
PE ratio
13.67
Forward PE
11.62
Profit margin
4.89%
Debt to equity
1.35

Trading

Volume
11,140,400
Avg volume
9,095,442
Day's range
$19.98 – $20.50
Shares out
3,443,300,000
Stochastic %K
63%
Beta
0.60
Analysts
Strong Sell
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

opace Oct 3, 1:29 PM
$ET Expecting more insider buying to show support for moving to Texas stock exchange. IMO.
0 replies
opace Oct 2, 10:06 PM
$ET Midstream EV/EBITDA comparison. Hopefully move to Texas stock exchange brings ET's multiple closer to it's peers. If ET merely received EPD's current 10.6× multiple, the same calculation gives approximately: ET = $33.32/unit That's about 63% above $20.47. MPLX's ~11.0× multiple produces roughly $35.46. OKE's ~11.47× produces about $37.66. KMI's ~12.69× produces about $43.74.
2 replies
snaches Oct 2, 8:21 PM
$ET been loving this long-term play..
1 replies
Magaman2024 Oct 2, 7:48 PM
$ORCL Potentially key assist for $ORACLE.X (ORCL.US)$’s massive New Mexico "Project Jupiter" data center, the subject of last week's Force Majeure filing: retired federal judge James Browning, a George W. Bush appointee, tapped to oversee the contentious air-permit proceeding after the prior hearing officer recused. Energy Transfer ($ET) has proposed rerouting the gas pipeline around state land after activist Democratic Land Commissioner Stephanie Garcia Richard twice blocked the original route. Lots of delays, lots of workarounds. But with up to $165B of possible investment over 30 years, also lots of incentive to work through the obstacles.
1 replies
Idvst8 Oct 2, 2:21 PM
$ET - Never made sense sub 20.
0 replies
MetaTireMan Oct 2, 1:53 PM 0 replies
OpticalOption Oct 2, 12:39 PM
$ET stock discounted valuation hasn’t changed but liquidity will change with the move to Texas. Will be interesting to see how many investors want to jump in before
2 replies
scdtrader213 Oct 2, 12:10 PM
$ET slow and steady!
0 replies