NYSE:ET - Energy Transfer LP Unit Stock Price, News, & Analysis

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$15.05 +0.04 (+0.27 %)
(As of 02/18/2019 03:30 PM ET)
Previous Close$15.01
Today's Range$14.93 - $15.15
52-Week Range$11.68 - $19.19
Volume7.17 million shs
Average Volume12.93 million shs
Market Capitalization$17.43 billion
P/E Ratio12.44
Dividend Yield8.13%
Beta1.75
Energy Transfer LP provides diversified energy-related services in the United States. It owns and operates approximately 7,900 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 11,800 miles of interstate natural gas pipelines. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. It owns and operates natural gas and natural gas liquid (NGL) gathering pipelines, as well as natural gas processing plants, treating facilities, and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; a natural gas gathering system in Ohio; and transportation and supply of water to natural gas producers in Pennsylvania. The company also owns approximately 4,300 miles of NGL pipelines, 5 NGL and propane fractionation facilities, and NGL storage facilities with aggregate working storage capacity of approximately 53 million barrels. It also sells gasoline, middle distillates, and motor fuel at retail, as well as crude oil, NGLs, and refined products; operates convenience stores; and distributes motor fuels and other petroleum products. The company provides natural gas compression services; treating services, such as carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates a total of 75 megawatts electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. The company was founded in 2002 and is based in Dallas, Texas.

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Industry, Sector and Symbol

Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone214-981-0700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$40.52 billion
Cash Flow$4.7179 per share
Book Value$27.36 per share

Profitability

Net Income$915 million

Miscellaneous

Employees29,486
Outstanding Shares1,158,207,000
Market Cap$17.43 billion
OptionableOptionable

Energy Transfer LP Unit (NYSE:ET) Frequently Asked Questions

What is Energy Transfer LP Unit's stock symbol?

Energy Transfer LP Unit trades on the New York Stock Exchange (NYSE) under the ticker symbol "ET."

How often does Energy Transfer LP Unit pay dividends? What is the dividend yield for Energy Transfer LP Unit?

Energy Transfer LP Unit declared a quarterly dividend on Tuesday, January 29th. Shareholders of record on Friday, February 8th will be paid a dividend of $0.305 per share on Tuesday, February 19th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 8.11%. The ex-dividend date of this dividend is Thursday, February 7th. View Energy Transfer LP Unit's Dividend History.

When did Energy Transfer LP Unit's stock split? How did Energy Transfer LP Unit's stock split work?

Shares of Energy Transfer LP Unit split on Friday, June 13th 2014. The 2-1 split was announced on Tuesday, May 6th 2014. The newly minted shares were payable to shareholders after the market closes on Thursday, June 12th 2014. An investor that had 100 shares of Energy Transfer LP Unit stock prior to the split would have 200 shares after the split.

When is Energy Transfer LP Unit's next earnings date?

Energy Transfer LP Unit is scheduled to release their next quarterly earnings announcement on Wednesday, February 20th 2019. View Earnings Estimates for Energy Transfer LP Unit.

How can I listen to Energy Transfer LP Unit's earnings call?

Energy Transfer LP Unit will be holding an earnings conference call on Thursday, February 21st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for ET?

5 analysts have issued twelve-month target prices for Energy Transfer LP Unit's shares. Their predictions range from $18.00 to $21.00. On average, they expect Energy Transfer LP Unit's stock price to reach $19.6667 in the next year. This suggests a possible upside of 30.7% from the stock's current price. View Analyst Price Targets for Energy Transfer LP Unit.

What is the consensus analysts' recommendation for Energy Transfer LP Unit?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Energy Transfer LP Unit in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Energy Transfer LP Unit.

Has Energy Transfer LP Unit been receiving favorable news coverage?

Press coverage about ET stock has been trending positive recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Energy Transfer LP Unit earned a coverage optimism score of 2.3 on InfoTrie's scale. They also assigned media headlines about the pipeline company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the next several days.

Are investors shorting Energy Transfer LP Unit?

Energy Transfer LP Unit saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 97,140,529 shares, an increase of 5.4% from the January 15th total of 92,136,663 shares. Based on an average daily volume of 11,879,677 shares, the days-to-cover ratio is presently 8.2 days. Currently, 4.4% of the company's stock are short sold. View Energy Transfer LP Unit's Current Options Chain.

Who are some of Energy Transfer LP Unit's key competitors?

Who are Energy Transfer LP Unit's key executives?

Energy Transfer LP Unit's management team includes the folowing people:
  • Mr. Marshall S. McCrea III, Pres, Chief Commercial Officer & Director of LE GP, LLC (Age 60)
  • Mr. Thomas P. Mason, Exec. VP, Gen. Counsel & Pres – LNG of LE GP, LLC (Age 62)
  • Mr. Bradford D. Whitehurst, Exec. VP & Head of Tax of LE GP, LLC (Age 44)
  • Mr. Thomas E. Long, Group Chief Financial Officer of LE GP, LLC (Age 62)
  • Mr. John W. McReynolds, Special Advisor & Director of LE GP, LLC (Age 68)

How do I buy shares of Energy Transfer LP Unit?

Shares of ET can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Energy Transfer LP Unit's stock price today?

One share of ET stock can currently be purchased for approximately $15.05.

How big of a company is Energy Transfer LP Unit?

Energy Transfer LP Unit has a market capitalization of $17.43 billion and generates $40.52 billion in revenue each year. The pipeline company earns $915 million in net income (profit) each year or $1.21 on an earnings per share basis. Energy Transfer LP Unit employs 29,486 workers across the globe.

What is Energy Transfer LP Unit's official website?

The official website for Energy Transfer LP Unit is http://www.energytransfer.com.

How can I contact Energy Transfer LP Unit?

Energy Transfer LP Unit's mailing address is 8111 Westchester Drive Suite 600, DALLAS TX, 75225. The pipeline company can be reached via phone at 214-981-0700 or via email at [email protected]


MarketBeat Community Rating for Energy Transfer LP Unit (NYSE ET)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  127 (Vote Outperform)
Underperform Votes:  115 (Vote Underperform)
Total Votes:  242
MarketBeat's community ratings are surveys of what our community members think about Energy Transfer LP Unit and other stocks. Vote "Outperform" if you believe ET will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ET will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/18/2019 by MarketBeat.com Staff

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