NYSE:ETE - Energy Transfer Equity LP Unit Stock Price, Price Target & More

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$17.04 -0.26 (-1.50 %)
(As of 06/21/2018 04:00 PM ET)
Previous Close$17.30
Today's Range$16.96 - $17.30
52-Week Range$12.80 - $19.34
Volume1.43 million shs
Average Volume5.13 million shs
Market Capitalization$18.50 billion
P/E Ratio14.08
Dividend Yield7.12%
Beta1.89
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

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

Debt

Debt-to-Equity Ratio1.44
Current Ratio0.91
Quick Ratio0.65

Price-To-Earnings

Trailing P/E Ratio14.08
Forward P/E Ratio9.26
P/E GrowthN/A

Sales & Book Value

Annual Sales$40.52 billion
Price / Sales0.45
Cash Flow$4.6179 per share
Price / Cash3.69
Book Value$27.36 per share
Price / Book0.62

Profitability

EPS (Most Recent Fiscal Year)$1.21
Net Income$915 million
Net Margins2.56%
Return on Equity5.13%
Return on Assets1.67%

Miscellaneous

Employees29,486
Outstanding Shares1,079,150,000

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, April 26th. Shareholders of record on Monday, May 7th will be paid a dividend of $0.305 per share on Monday, May 21st. This represents a $1.22 dividend on an annualized basis and a yield of 7.16%. The ex-dividend date is Friday, May 4th. 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 shares 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 distributed to shareholders after the closing bell 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 earnings results on Wednesday, May, 9th. The pipeline company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.41 by $0.02. The pipeline company earned $11.88 billion during the quarter, compared to the consensus estimate of $11.94 billion. Energy Transfer Equity LP Unit had a net margin of 2.56% and a return on equity of 5.13%. The company's revenue for the quarter was up 23.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.21 earnings per share. 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 Monday, August, 6th 2018. View Earnings Estimates for Energy Transfer Equity LP Unit.

What price target have analysts set for ETE?

13 Wall Street analysts have issued 12 month price objectives 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 $20.50 in the next year. View Analyst Ratings for Energy Transfer Equity LP Unit.

Are investors shorting Energy Transfer Equity LP Unit?

Energy Transfer Equity LP Unit saw a decline in short interest in the month of May. As of May 31st, there was short interest totalling 23,637,451 shares, a decline of 14.2% from the May 15th total of 27,556,459 shares. Based on an average daily volume of 4,534,132 shares, the short-interest ratio is currently 5.2 days. Currently, 3.5% of the shares of the stock 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 & 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 been trending positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Energy Transfer Equity LP Unit earned a media sentiment score of 0.43 on Accern's scale. They also gave media stories about the pipeline company an impact score of 48.04 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.

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

Energy Transfer Equity LP Unit's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (2.96%), Tortoise Capital Advisors L.L.C. (2.96%), OppenheimerFunds Inc. (2.51%), Neuberger Berman Group LLC (2.47%), Atlantic Trust Group LLC (1.61%) and Hsbc Holdings PLC (1.39%). 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 Obermeyer Wood Investment Counsel Lllp, OZ Management LP, ING Groep NV, Infrastructure Capital Advisors LLC, Brookfield Asset Management Inc., Hsbc Holdings PLC, Whetstone Capital Advisors LLC and SG Americas Securities 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 Summit Trail Advisors LLC, Atlantic Trust Group LLC, JPMorgan Chase & Co., Zimmer Partners LP, Tortoise Capital Advisors L.L.C., Tortoise Capital Advisors L.L.C., OppenheimerFunds Inc. and Highland Capital Management LP. 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 $17.04.

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

Energy Transfer Equity LP Unit has a market capitalization of $18.50 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 (ETE)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  407 (Vote Outperform)
Underperform Votes:  298 (Vote Underperform)
Total Votes:  705
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 6/21/2018 by MarketBeat.com Staff

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