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

Sign in or create an account to add this stock to your watchlist.
$16.82 -0.26 (-1.52 %)
(As of 10/22/2018 03:27 AM ET)
Previous Close$16.82
Today's Range$16.78 - $17.43
52-Week Range$12.80 - $19.34
Volume29.57 million shs
Average Volume8.12 million shs
Market Capitalization$19.48 billion
P/E Ratio13.90
Dividend Yield7.25%
Beta1.91
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.

Receive ETE News and Ratings via Email

Sign-up to receive the latest news and ratings for ETE and its competitors with MarketBeat's FREE daily newsletter.

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 Ratio13.90
Forward P/E Ratio8.41
P/E GrowthN/A

Sales & Book Value

Annual Sales$40.52 billion
Price / Sales0.48
Cash Flow$4.6464 per share
Price / Cash3.62
Book Value$27.36 per share
Price / Book0.61

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$19.48 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 declared a quarterly dividend on Thursday, July 26th. Investors 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 7.25%. 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?

Energy Transfer Equity LP Unit's stock 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 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 the Zacks' consensus estimate 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. Energy Transfer Equity LP Unit had a net margin of 2.60% and a return on equity of 5.50%. The company's revenue for the quarter was up 49.8% compared to the same quarter last year. During the same quarter in the previous year, the firm 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?

11 brokerages have issued 1 year price targets 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 stock price to reach $21.00 in the next twelve months. 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.

Are investors shorting Energy Transfer Equity LP Unit?

Energy Transfer Equity LP Unit saw a decrease in short interest in September. As of September 14th, there was short interest totalling 38,025,400 shares, a decrease of 10.6% from the August 31st total of 42,542,390 shares. Based on an average daily volume of 5,508,193 shares, the days-to-cover ratio is currently 6.9 days. Currently, 4.7% of the shares of the company are sold short. View Energy Transfer Equity LP Unit's Current Options Chain.

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 a variety of of retail and institutional investors. Top institutional investors include Chickasaw Capital Management LLC (1.66%), Bank of Montreal Can (1.08%), Advisors Capital Management LLC (0.02%), Cornerstone Wealth Management LLC (0.02%), MAI Capital Management (0.01%) and Parkside Financial Bank & Trust (0.00%). 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, MAI Capital Management, Ibex Wealth Advisors and Advisors Capital Management LLC. 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 purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Cornerstone Wealth Management LLC, Parkside Financial Bank & Trust, Trust Department MB Financial Bank N A, Raymond James Trust N.A. and Chessman Wealth Strategies RIA. 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 $16.82.

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

Energy Transfer Equity LP Unit has a market capitalization of $19.48 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.

What is Energy Transfer Equity LP Unit's official website?

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

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:  2.8 out of 5 (star star)
Outperform Votes:  457 (Vote Outperform)
Underperform Votes:  347 (Vote Underperform)
Total Votes:  804
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 10/22/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel