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

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$18.11 -0.07 (-0.39 %)
(As of 08/21/2018 04:00 PM ET)
Previous Close$18.18
Today's Range$18.08 - $18.38
52-Week Range$12.80 - $19.34
Volume5.21 million shs
Average Volume5.12 million shs
Market Capitalization$20.76 billion
P/E Ratio15.11
Dividend Yield6.81%
Beta1.9
Energy Transfer Equity LP Unit logoEnergy 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:ETE
CUSIPN/A
Phone214-981-0700

Debt

Debt-to-Equity Ratio1.46
Current Ratio0.99
Quick Ratio0.76

Price-To-Earnings

Trailing P/E Ratio15.11
Forward P/E Ratio8.92
P/E GrowthN/A

Sales & Book Value

Annual Sales$40.52 billion
Price / Sales0.52
Cash Flow$4.6917 per share
Price / Cash3.86
Book Value$27.36 per share
Price / Book0.66

Profitability

EPS (Most Recent Fiscal Year)$1.21
Net Income$915 million
Net Margins2.60%
Return on Equity5.50%
Return on Assets1.85%

Miscellaneous

Employees29,486
Outstanding Shares1,158,210,000
Market Cap$20.76 billion

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 announced a quarterly dividend on Thursday, July 26th. Shareholders of record on Monday, August 6th will be given a dividend of $0.305 per share on Monday, August 20th. This represents a $1.22 annualized dividend and a yield of 6.71%. The ex-dividend date of this dividend 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?

Shares of Energy Transfer Equity LP Unit split on the morning of Monday, July 27th 2015. The 2-1 split was announced on Friday, May 29th 2015. The newly minted shares were distributed 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) released its quarterly earnings results on Wednesday, August, 8th. The pipeline company reported $0.31 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.46 by $0.15. The pipeline company had revenue of $14.12 billion for the quarter, compared to the consensus estimate of $12.63 billion. Energy Transfer Equity LP Unit had a return on equity of 5.50% and a net margin of 2.60%. The business's revenue for the quarter was up 49.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.18 EPS. View Energy Transfer Equity LP Unit's Earnings History.

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

Energy Transfer Equity LP Unit is scheduled to release their next quarterly earnings announcement on Tuesday, November, 6th 2018. View Earnings Estimates for Energy Transfer Equity LP Unit.

What price target have analysts set for ETE?

13 brokers have issued 1-year price objectives for Energy Transfer Equity LP Unit's stock. Their forecasts range from $17.00 to $23.00. On average, they expect Energy Transfer Equity LP Unit's share price to reach $20.7273 in the next twelve months. This suggests a possible upside of 14.0% 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?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Energy Transfer Equity LP Unit in the last year. There are currently 2 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Energy Transfer Equity LP Unit.

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 & Director of LE GP, LLC (Age 67)
  • Mr. Thomas E. Long, Group Chief Financial Officer & Principal Accounting Officer of LE GP, LLC (Age 61)
  • Mr. Marshall S. McCrea III, Group COO, Chief Commercial Officer & Director (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)

Has Energy Transfer Equity LP Unit been receiving favorable news coverage?

Media headlines about ETE stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Energy Transfer Equity LP Unit earned a news impact score of 0.19 on Accern's scale. They also assigned media stories about the pipeline company an impact score of 49.71 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View Recent Headlines for Energy Transfer Equity LP Unit.

Who are Energy Transfer Equity LP Unit's major shareholders?

Energy Transfer Equity LP Unit's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Tortoise Capital Advisors L.L.C. (2.85%), Bank of America Corp DE (2.12%), OppenheimerFunds Inc. (2.23%), Chickasaw Capital Management LLC (2.18%), Morgan Stanley (1.52%) and CIBC Private Wealth Group LLC (1.41%). View Institutional Ownership Trends for Energy Transfer Equity LP Unit.

Which major investors are selling Energy Transfer Equity LP Unit stock?

ETE stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, OppenheimerFunds Inc., CIBC Private Wealth Group LLC, Tortoise Capital Advisors L.L.C., Renaissance Technologies LLC, Natixis, Wells Fargo & Company MN and Summit Trail Advisors LLC. View Insider Buying and Selling for Energy Transfer Equity LP Unit.

Which major investors are buying Energy Transfer Equity LP Unit stock?

ETE stock was purchased by a variety of institutional investors in the last quarter, including Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Angelo Gordon & CO. L.P., Delphi Financial Group Inc., Morgan Stanley, Spirit of America Management Corp NY, First Republic Investment Management Inc., Perella Weinberg Partners Capital Management LP and Tiedemann Advisors LLC. View Insider Buying and Selling for Energy Transfer Equity LP Unit.

How do I buy shares of Energy Transfer Equity LP Unit?

Shares of ETE 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 Equity LP Unit's stock price today?

One share of ETE stock can currently be purchased for approximately $18.18.

How big of a company is Energy Transfer Equity LP Unit?

Energy Transfer Equity LP Unit has a market capitalization of $20.76 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 Equity LP Unit employs 29,486 workers across the globe.

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)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  443 (Vote Outperform)
Underperform Votes:  333 (Vote Underperform)
Total Votes:  776
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.
This page was last updated on 8/21/2018 by MarketBeat.com Staff

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