About Energy Transfer Equity, L.P. (NYSE:ETE)
Energy Transfer Equity, L.P. (ETE) owns equity interests in Energy Transfer Partners, L.P. (ETP) and Sunoco LP, which are engaged in diversified energy-related services. The Company's segments include Investment in ETP, including the consolidated operations of ETP; Investment in Sunoco LP, including the consolidated operations of Sunoco LP; Investment in Lake Charles LNG, including the operations of Lake Charles LNG, and Corporate and Other. Its Investment in ETP segment includes the ETP's operations, which include intrastate transportation and storage operations; interstate transportation and storage operations; midstream operations; liquids transportation and services operations; ETP's Investment in Sunoco Logistics; Retail Marketing operations, and ETP's other operations and Investments. The Investment in Sunoco LP segment includes wholesale operations and retail operations. Lake Charles LNG owns a LNG import terminal and regasification facility located on Louisiana's Gulf Coast.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Natural Gas Pipeline
- Sub-Industry: N/A
- Symbol: NYSE:ETE
- CUSIP: N/A
- Web: www.energytransfer.com
- Market Cap: $18.25 billion
- Outstanding Shares: 1,079,185,000
- 50 Day Moving Avg: $17.63
- 200 Day Moving Avg: $17.60
- 52 Week Range: $13.77 - $20.05
Sales & Book Value:
- Trailing P/E Ratio: 21.32
- Foreward P/E Ratio: 8.50
- P/E Growth: 1.08
- Annual Revenue: $42.15 billion
- Price / Sales: 0.43
- Book Value: ($1.38) per share
- Price / Book: -12.25
- Annual Dividend: $1.14
- Dividend Yield: 6.6%
- EBITDA: $5.53 billion
- Net Margins: 2.18%
- Return on Equity: 3.79%
- Return on Assets: 1.14%
- Debt-to-Equity Ratio: 1.73%
- Current Ratio: 1.33%
- Quick Ratio: 1.09%
- Average Volume: 4.48 million shs.
- Beta: 1.9
- Short Ratio: 10.66
Frequently Asked Questions for Energy Transfer Equity, L.P. (NYSE:ETE)
What is Energy Transfer Equity, L.P.'s stock symbol?
Energy Transfer Equity, L.P. trades on the New York Stock Exchange (NYSE) under the ticker symbol "ETE."
How often does Energy Transfer Equity, L.P. pay dividends? What is the dividend yield for Energy Transfer Equity, L.P.?
Energy Transfer Equity, L.P. declared a quarterly dividend on Thursday, July 27th. Stockholders of record on Monday, August 7th will be given a dividend of $0.285 per share on Monday, August 21st. This represents a $1.14 dividend on an annualized basis and a dividend yield of 6.74%. The ex-dividend date is Thursday, August 3rd. View Energy Transfer Equity, L.P.'s Dividend History.
When did Energy Transfer Equity, L.P.'s stock split? How did Energy Transfer Equity, L.P.'s stock split work?
Shares of Energy Transfer Equity, L.P. split on the morning of Monday, July 27th 2015. The 2-1 split was announced on Friday, May 29th 2015. The newly issued shares were distributed to shareholders after the market closes on Friday, July 24th 2015. An investor that had 100 shares of Energy Transfer Equity, L.P. stock prior to the split would have 200 shares after the split.
How were Energy Transfer Equity, L.P.'s earnings last quarter?
Energy Transfer Equity, L.P. (NYSE:ETE) announced its quarterly earnings results on Tuesday, August, 8th. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.25 by $0.07. The company earned $8.94 billion during the quarter, compared to analyst estimates of $11.41 billion. Energy Transfer Equity, L.P. had a net margin of 2.18% and a return on equity of 3.79%. The company's quarterly revenue was up 20.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.23 EPS. View Energy Transfer Equity, L.P.'s Earnings History.
When will Energy Transfer Equity, L.P. make its next earnings announcement?
Where is Energy Transfer Equity, L.P.'s stock going? Where will Energy Transfer Equity, L.P.'s stock price be in 2017?
14 equities research analysts have issued 12-month price targets for Energy Transfer Equity, L.P.'s stock. Their predictions range from $19.00 to $23.00. On average, they anticipate Energy Transfer Equity, L.P.'s share price to reach $21.18 in the next year. View Analyst Ratings for Energy Transfer Equity, L.P..
Are investors shorting Energy Transfer Equity, L.P.?
Energy Transfer Equity, L.P. saw a increase in short interest during the month of September. As of September 29th, there was short interest totalling 54,828,030 shares, an increase of 0.2% from the September 15th total of 54,739,970 shares. Based on an average trading volume of 6,456,218 shares, the short-interest ratio is currently 8.5 days. Approximately 7.0% of the company's shares are sold short.
Who are some of Energy Transfer Equity, L.P.'s key competitors?
Some companies that are related to Energy Transfer Equity, L.P. include Williams Partners LP (WPZ), Valero Energy Corporation (VLO), Marathon Petroleum Corporation (MPC), Repsol SA (REPYY), Pioneer Natural Resources Company (PXD), Williams Companies, Inc. (The) (WMB), Ecopetrol S.A. (EC), Concho Resources (CXO), Sunoco Logistics Partners LP (ETP), Sasol (SSL), Devon Energy Corporation (DVN), Vestas Wind Systems AS (VWDRY), Tesoro Corporation (ANDV), Magellan Midstream Partners L.P. (MMP), Apache Corporation (APA), Galp Energia SGPS SA (GLPEY), Continental Resources (CLR) and Pembina Pipeline Corp. (PBA).
Who are Energy Transfer Equity, L.P.'s key executives?
Energy Transfer Equity, L.P.'s management team includes the folowing people:
- Kelcy L. Warren, Chairman of the Board of Directors of LE GP LLC
- John W. McReynolds, President, Director of LE GP LLC
- Thomas E. Long, Group Chief Financial Officer of LE GP, LLC
- Marshall S. McCrea III, Group Chief Operating Officer, Chief Commercial Officer, Director of LE GP LLC,
- Thomas P. Mason, Executive Vice President, General Counsel of LE GP, LLC
- Brad Whitehurst, Executive Vice President, Head of Tax of LE GP, LLC
- Richard D. Brannon, Director of LE GP, LLC
- Matthew S. Ramsey J.D., Director of LE GP, LLC
- K. Richard Turner CPA, Director of LE GP LLC
- William Presley Williams, Director of LE GP, LLC
Who owns Energy Transfer Equity, L.P. stock?
Energy Transfer Equity, L.P.'s stock is owned by a number of of institutional and retail investors. Top institutional investors include Advisors Capital Management LLC (0.01%) and Sanders Morris Harris LLC (0.01%). Company insiders that own Energy Transfer Equity, L.P. stock include Jamie Welch, K Rick Turner, Kelcy L Warren and Marshall S Mccrea III. View Institutional Ownership Trends for Energy Transfer Equity, L.P..
Who sold Energy Transfer Equity, L.P. stock? Who is selling Energy Transfer Equity, L.P. stock?
Who bought Energy Transfer Equity, L.P. stock? Who is buying Energy Transfer Equity, L.P. stock?
Energy Transfer Equity, L.P.'s stock was acquired by a variety of institutional investors in the last quarter, including Advisors Capital Management LLC. Company insiders that have bought Energy Transfer Equity, L.P. stock in the last two years include Jamie Welch, K Rick Turner and Kelcy L Warren. View Insider Buying and Selling for Energy Transfer Equity, L.P..
How do I buy Energy Transfer Equity, L.P. stock?
Shares of Energy Transfer Equity, L.P. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Energy Transfer Equity, L.P.'s stock price today?
MarketBeat Community Rating for Energy Transfer Equity, L.P. (NYSE ETE)MarketBeat's community ratings are surveys of what our community members think about Energy Transfer Equity, L.P. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Energy Transfer Equity, L.P. stock can currently be purchased for approximately $16.91.
Consensus Ratings for Energy Transfer Equity, L.P. (NYSE:ETE) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 11 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.79)|
|Consensus Price Target: ||$21.18 (25.26% upside)|Consensus Price Target History for Energy Transfer Equity, L.P. (NYSE:ETE)
Analysts' Ratings History for Energy Transfer Equity, L.P. (NYSE:ETE)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/17/2017||Goldman Sachs Group, Inc. (The)||Upgrade||Neutral -> Buy||$23.00||N/A|
|10/16/2017||Jefferies Group LLC||Reiterated Rating||Buy||$20.00||N/A|
|10/12/2017||BMO Capital Markets||Set Price Target||Hold||$19.00||N/A|
|10/12/2017||Stifel Nicolaus||Reiterated Rating||Buy||$20.00||N/A|
|9/6/2017||Royal Bank Of Canada||Reiterated Rating||Buy||$22.00||Low|
|9/5/2017||Morgan Stanley||Reiterated Rating||Overweight||Low|
|8/10/2017||Sanford C. Bernstein||Reiterated Rating||Outperform||Medium|
|6/21/2017||Deutsche Bank AG||Lower Price Target||Buy||$23.00 -> $22.00||Medium|
|5/12/2017||Wolfe Research||Reiterated Rating||Market Perform||Low|
|4/7/2017||US Capital Advisors||Reiterated Rating||Hold||High|
|1/12/2017||Raymond James Financial, Inc.||Upgrade||Market Perform -> Outperform||$23.00||N/A|
|12/6/2016||Robert W. Baird||Reiterated Rating||Outperform||$20.00||N/A|
|11/30/2016||Credit Suisse Group||Reiterated Rating||Outperform||$20.00||N/A|
|9/29/2016||Stephens||Initiated Coverage||Equal Weight||$20.00||N/A|
|9/2/2016||J P Morgan Chase & Co||Reiterated Rating||Overweight||$21.00||N/A|
|7/5/2016||Barclays PLC||Reiterated Rating||Overweight||$20.00||N/A|
|2/17/2016||Bank of America Corporation||Downgrade||Buy -> Neutral||N/A|
|10/26/2015||Evercore ISI||Initiated Coverage||Buy||$29.00||N/A|
Earnings History for Energy Transfer Equity, L.P. (NYSE:ETE)Earnings History by Quarter for Energy Transfer Equity, L.P. (NYSE ETE)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/8/2017||Q2 2017||$0.25||$0.18||$11.41 billion||$8.94 billion||View||Listen|
|2/22/2017||Q4 2016||$0.25||$0.21||$10.15 billion||$10.80 billion||View||N/A|
|11/9/2016||Q3 2016||$0.23||$0.19||$8.53 billion||$9.68 billion||View||Listen|
|8/3/2016||Q2||$0.29||$0.23||$8.09 billion||$9.34 billion||View||N/A|
|5/4/2016||Q1||$0.29||$0.30||$10.28 billion||$7.98 billion||View||Listen|
|2/24/2016||Q4||$0.36||$0.30||$13.04 billion||$9.54 billion||View||Listen|
|11/4/2015||Q3||$0.26||$0.28||$12.45 billion||$10.62 billion||View||N/A|
|8/5/2015||Q2||$0.28||$0.28||$14.36 billion||$11.59 billion||View||Listen|
|5/6/2015||Q115||$0.70||$0.52||$15.10 billion||$10.38 billion||View||Listen|
|11/5/2014||Q314||$0.34||$0.35||$14.90 billion||$15.00 billion||View||N/A|
|8/6/2014||Q2||$0.34||$0.30||$13.13 billion||$14.14 billion||View||N/A|
|5/6/2014||Q1||$0.37||$0.30||$12.52 billion||$13.08 billion||View||N/A|
|2/19/2014||Q413||$0.62||($0.31)||$11.76 billion||$12.61 billion||View||N/A|
|11/5/2013||Q313||$0.58||$0.54||$11.93 billion||$12.48 billion||View||N/A|
|5/8/2013||Q113||$0.26||$0.32||$11.00 billion||$11.18 billion||View||N/A|
|2/20/2013||Q4 2012||$0.54||$0.17||$6.77 million||$11.31 billion||View||N/A|
|11/7/2012||Q312||$0.40||$0.65||$2.11 billion||$2.17 billion||View||N/A|
Earnings Estimates for Energy Transfer Equity, L.P. (NYSE:ETE)
2017 EPS Consensus Estimate: $0.49
2018 EPS Consensus Estimate: $1.32
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Energy Transfer Equity, L.P. (NYSE:ETE)
|Most Recent Dividend:||8/21/2017|
|Dividend Growth:||20.50% (3 Year Average)|
|Payout Ratio:||144.31% (Trailing 12 Months of Earnings) |
91.94% (Based on This Year's Estimates)
57.29% (Based on Next Year's Estimates)
|Track Record:||4 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Energy Transfer Equity, L.P. (NYSE ETE)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Energy Transfer Equity, L.P. (NYSE:ETE)
Insider Ownership Percentage: 3.28%Insider Trades by Quarter for Energy Transfer Equity, L.P. (NYSE:ETE)
Institutional Ownership Percentage: 48.43%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|12/9/2015||Kelcy L. Warren||Director||Buy||2,485,000||$16.62||$41,300,700.00|| |
|12/7/2015||K Rick Turner||Director||Buy||5,000||$12.90||$64,500.00|| |
|12/4/2015||Jamie Welch||CFO||Buy||50,000||$15.75||$787,500.00|| |
|12/4/2015||Kelcy L. Warren||Director||Buy||2,000,000||$16.07||$32,140,000.00|| |
|12/4/2015||Marshall S Mccrea III||COO||Sell||485,000||$18.89||$9,161,650.00|| |
|7/8/2015||Kelcy L Warren||Director||Buy||375,600||$62.95||$23,644,020.00|| |
|7/7/2015||Kelcy L Warren||Director||Buy||624,400||$63.10||$39,399,640.00|| |
|1/14/2015||Kelcy L Warren||Director||Buy||400,000||$48.00||$19,200,000.00|| |
|10/14/2014||Kelcy L Warren||Director||Buy||1,178,567||$51.30||$60,460,487.10|| |
|9/17/2014||Kelcy L Warren||Major Shareholder||Buy||33,000||$60.41||$1,993,530.00|| |
Headline Trends for Energy Transfer Equity, L.P. (NYSE:ETE)
Latest Headlines for Energy Transfer Equity, L.P. (NYSE:ETE)
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Energy Transfer Equity, L.P. (ETE) Chart for Monday, October, 23, 2017