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

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$16.82 -0.26 (-1.52 %)
(As of 11/16/2018 04:00 PM 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 CapitalizationN/A
P/E RatioN/A
Dividend Yield0.07%
BetaN/A
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.

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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 / CashN/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 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 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?

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 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 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 analyst estimates of $12.63 billion. The company's quarterly revenue was up 49.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.18 EPS. View Energy Transfer Equity LP Unit's Earnings History.

What price target have analysts set for ETE?

11 analysts have issued twelve-month target prices for Energy Transfer Equity LP Unit's shares. Their forecasts range from $17.00 to $23.00. On average, they anticipate Energy Transfer Equity LP Unit's share 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.

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

News coverage about ETE stock has trended neutral this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Energy Transfer Equity LP Unit earned a media sentiment score of 0.1 on InfoTrie's scale. They also assigned news coverage about the pipeline company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days.

Are investors shorting Energy Transfer Equity LP Unit?

Energy Transfer Equity LP Unit saw a increase in short interest in the month of October. As of October 15th, there was short interest totalling 45,511,888 shares, an increase of 15.7% from the September 28th total of 39,333,286 shares. Based on an average daily volume of 7,819,419 shares, the days-to-cover ratio is presently 5.8 days. 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 number of of institutional and retail investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (0.00%), Neuberger Berman Group LLC (0.00%), OppenheimerFunds Inc. (0.00%), Chickasaw Capital Management LLC (1.66%), Comerica Bank (1.52%) and Hsbc Holdings PLC (0.00%). 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 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 major investors are buying Energy Transfer Equity LP Unit stock?

ETE stock was acquired by a variety of institutional investors in the last quarter, including Comerica Bank, Renaissance Technologies LLC, Jennison Associates LLC, Tortoise Capital Advisors L.L.C., Deutsche Bank AG, Wells Fargo & Company MN, Nokota Management LP 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?

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:  458 (Vote Outperform)
Underperform Votes:  352 (Vote Underperform)
Total Votes:  810
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 11/17/2018 by MarketBeat.com Staff

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