Energy Transfer LP ET

$20.48 -0.26 (-1.25%)

Valuation

Market cap
71,414,040,000
Revenue TTM
$85,536,000,000
Net income TTM
$4,181,000,000
PE ratio
14.10
Forward PE
11.98
Profit margin
4.89%
Debt to equity
1.35

Trading

Volume
10,065,200
Avg volume
8,987,102
Day's range
$20.15 – $20.77
Shares out
3,443,300,000
Stochastic %K
73%
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

Proxima9 Oct 8, 12:50 PM
$ET Earnings coming and $23 is an easy target call
0 replies
Midas01 Oct 8, 1:15 AM
$ET Nice acquistion in the permian basin. I'd prefer smaller more nible acqusitions like this going forward. Q3 earnings will be interesting
0 replies
NorthPeak22 Oct 7, 8:25 PM
$ET Forgot to add, a company with a steadily rising distribution and an undervalued unit price is a gift, not a burden. And yes, ET sells units (not shares) and the quarterly payout is a distribution (not a dividend).
0 replies
NorthPeak22 Oct 7, 8:21 PM
$ET I'm always surprised at how many people here are disappointed in the weakness of the unit price. It's almost as if they fundamentally don't understand what they are buying. ET is a MLP that has consistently raised its quarterly distribution. People typically don't buy a MLP for price appreciation as much as they buy it to DRIP the distribution for many, many years. Price appreciation is the cherry, the distribution is the cake and icing. MLPs are more for estate planning and tax benefits that you pass on to heirs. Even crazier is seeing people post about trading a MLP.
1 replies
ddhard12 Oct 7, 5:35 PM
$VIVK $ET Energy Transfer is taking over Vaquero Midstream for 2.5 billion.Looks overpriced but makes OLOX buy for 36 million look very cheap. That deal should be cxld if it hasnt been already.
0 replies
cuemark8 Oct 7, 4:34 PM
$ET Down on a developing major hurricane in the Gulf. ET has vast infrastructure directly in the path of this developing hurricane.
2 replies
vze3pspi Oct 7, 4:09 PM
$ET this month could hit low of 19.3
0 replies
Kaizan Oct 7, 3:09 PM
$ET slide whistle
0 replies