Energy Transfer LP ET

$18.92 -0.27 (-1.41%)

Valuation

Market cap
65,147,236,000
Revenue TTM
$85,536,000,000
Net income TTM
$4,181,000,000
P/E (trailing)
12.80
P/E (forward)
—
Profit margin
4.89%
Debt to equity
1.35

Trading

Volume
10,850,400
Avg volume
8,768,010
Day's range
$18.80 – $19.11
Shares out
3,443,300,000
Stochastic %K
5%
Beta
0.62
Analysts
Strong Buy
Price target
$24.57

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 Nov 7, 10:17 PM
$ET Retail owns the most yet knows the least. Energy Transfer (ET) has a relatively large retail-investor ownership base compared with many major energy companies. ET ownership breakdown Ownership category Approximate percentage Retail / public investors 55–57% Institutional investors 32–35% Insiders / management 10–10.5%
0 replies
nWhiteface Nov 7, 10:07 PM
$ET def undervalued
0 replies
opace Nov 7, 10:00 PM
$ET Why is it so necessary for Hyperscalers to be so secretive about who they are in negotiations with to supply their power? Et, if you want your stock price to improve tell us retail investors who your negotiating with. What is the big deal? Hyperscalers either want you to supply the power or they don't.
1 replies
opace Nov 7, 9:40 PM
$ET I see GW Ranch as a potentially significant opportunity for ET, but I cannot yet establish that ET has won the business. One important question for ET investors: If Amazon's GW Ranch ultimately requires 1–2 Bcf/day, could this become another major long-term contract contributing to ET's 2027–2030 adjusted EBITDA growth?
0 replies
opace Nov 7, 9:16 PM
$ET Examples of A-rated hyperscalers Amazon Web Services (AWS) Amazon's cloud-computing division. Major data-center operator and buyer of enormous amounts of electricity. Microsoft Azure One of the world's largest cloud platforms, with major AI and data-center expansion. Google Cloud Google's cloud and AI infrastructure business. Meta Platforms Building enormous AI and data-center infrastructure to support its platforms.
0 replies
opace Nov 7, 9:13 PM
$ET ET's Q3 investor presentation identifies an unnamed A-rated hyperscaler agreement with these terms: Item Details Customer Not publicly identified Location Abilene, Texas Project Crusoe AI factory campus Gas commitment 250,000 MMBtu/day Contract 10-year firm transportation Volume equivalent Approximately 250 MMcf/day
0 replies
JanetBSmellin Nov 7, 2:45 PM
$ET Who cares about it going to $18 or below. We are here for the $0.35 dividend anyway. 😎👍
1 replies
opace Nov 7, 2:22 PM
$ET Citi raised its ET price target to $25 from $24 on November 6, maintaining Buy. Me too!
0 replies