Energy Transfer Equity, L.P. 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. Its midstream operations include ownership and operation of natural gas and natural gas liquid (NGL) gathering pipelines, natural gas processing plants, natural gas treating facilities, and natural gas 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's NGL transportation and services operations include ownership of 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. Energy Transfer Equity, L.P. was founded in 2002 and is based in Dallas, Texas.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:ETE
Previous Symbol
CUSIPN/A
Phone214-981-0700
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / Cash FlowN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
Employees29,486
Outstanding SharesN/A
Market Cap$0.00
OptionableOptionable
Energy Transfer Equity LP Unit (NYSE:ETE) Frequently Asked Questions
What is Energy Transfer Equity LP Unit's stock symbol?
Energy Transfer Equity LP Unit trades on the New York Stock Exchange (NYSE) under the ticker symbol "ETE."
How often does Energy Transfer Equity LP Unit pay dividends? What is the dividend yield for Energy Transfer Equity LP Unit?
Energy Transfer Equity LP Unit declared a quarterly dividend on Thursday, July 26th. Investors of record on Monday, August 6th will be paid a dividend of $0.305 per share on Monday, August 20th. This represents a $1.22 dividend on an annualized basis and a yield of 7.25%. The ex-dividend date is Friday, August 3rd. View Energy Transfer Equity LP Unit's Dividend History.
When did Energy Transfer Equity LP Unit's stock split? How did Energy Transfer Equity LP Unit's stock split work?
Energy Transfer Equity LP Unit's stock split before market open on Monday, July 27th 2015. The 2-1 split was announced on Friday, May 29th 2015. The newly issued shares were payable to shareholders after the market closes on Friday, July 24th 2015. An investor that had 100 shares of Energy Transfer Equity LP Unit stock prior to the split would have 200 shares after the split.
How were Energy Transfer Equity LP Unit's earnings last quarter?
Energy Transfer Equity LP Unit (NYSE:ETE) posted its quarterly earnings data on Wednesday, August, 8th. The pipeline company reported $0.31 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.46 by $0.15. The pipeline company had revenue of $14.12 billion for the quarter, compared to analyst estimates of $12.63 billion. The company's revenue for the quarter was up 49.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.18 EPS. View Energy Transfer Equity LP Unit's Earnings History.
What price target have analysts set for ETE?
11 analysts have issued 1 year price targets for Energy Transfer Equity LP Unit's shares. Their forecasts range from $17.00 to $23.00. On average, they expect Energy Transfer Equity LP Unit's stock price to reach $21.00 in the next year. This suggests a possible upside of 24.9% from the stock's current price. View Analyst Price Targets for Energy Transfer Equity LP Unit.
What is the consensus analysts' recommendation for Energy Transfer Equity LP Unit?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Energy Transfer Equity LP Unit in the last year. There are currently 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Energy Transfer Equity LP Unit.
Has Energy Transfer Equity LP Unit been receiving favorable news coverage?
Media coverage about ETE stock has trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Energy Transfer Equity LP Unit earned a news impact score of 1.0 on InfoTrie's scale. They also assigned news stories about the pipeline company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.
Who are some of Energy Transfer Equity LP Unit's key competitors?
Who are Energy Transfer Equity LP Unit's key executives?
Energy Transfer Equity LP Unit's management team includes the folowing people:
- Mr. John W. McReynolds, Pres, Principal Exec. Officer & Director of LE GP, LLC (Age 67)
- Mr. Thomas E. Long, Group Chief Financial Officer of LE GP, LLC (Age 61)
- Mr. Marshall S. McCrea III, Group COO, Chief Commercial Officer & Director of LE GP, LLC (Age 59)
- Mr. Thomas P. Mason, Exec. VP & Gen. Counsel of LE GP, LLC (Age 61)
- Mr. Bradford D. Whitehurst, Exec. VP & Head of Tax of LE GP, LLC (Age 43)
Who are Energy Transfer Equity LP Unit's major shareholders?
Energy Transfer Equity LP Unit's stock is owned by many different of institutional and retail investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (0.00%), Neuberger Berman Group LLC (0.00%), Morgan Stanley (0.00%), OppenheimerFunds Inc. (0.00%), Chickasaw Capital Management LLC (1.66%) and Comerica Bank (1.52%). View Institutional Ownership Trends for Energy Transfer Equity LP Unit.
Which institutional investors are selling Energy Transfer Equity LP Unit stock?
ETE stock was sold by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, Neuberger Berman Group LLC, OppenheimerFunds Inc., Hsbc Holdings PLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Perella Weinberg Partners Capital Management LP, Zimmer Partners LP and Kayne Anderson Capital Advisors LP. View Insider Buying and Selling for Energy Transfer Equity LP Unit.
Which institutional investors are buying Energy Transfer Equity LP Unit stock?
ETE stock was bought by a variety of institutional investors in the last quarter, including Comerica Bank, Morgan Stanley, Renaissance Technologies LLC, Jennison Associates LLC, Tortoise Capital Advisors L.L.C., Deutsche Bank AG, Wells Fargo & Company MN and Nokota Management LP. View Insider Buying and Selling for Energy Transfer Equity LP Unit.
What is Energy Transfer Equity LP Unit's stock price today?
One share of ETE stock can currently be purchased for approximately $16.82.
What is Energy Transfer Equity LP Unit's official website?
How can I contact Energy Transfer Equity LP Unit?
Energy Transfer Equity 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 Equity LP Unit (NYSE ETE)
MarketBeat's community ratings are surveys of what our community members think about Energy Transfer Equity LP Unit and other stocks. Vote "Outperform" if you believe ETE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ETE will underperform the S&P 500 over the long term. You may vote once every thirty days.
