Energy Transfer Equity, L.P. Company Profile (NYSE:ETE)

About Energy Transfer Equity, L.P. (NYSE:ETE)

Energy Transfer Equity, L.P. logoEnergy 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
Capitalization:
  • Market Cap: $18.62673 billion
  • Outstanding Shares: 1,079,185,000
Average Prices:
  • 50 Day Moving Avg: $17.66
  • 200 Day Moving Avg: $17.64
  • 52 Week Range: $13.77 - $20.05
P/E:
  • Trailing P/E Ratio: 21.77
  • Foreward P/E Ratio: 8.38
  • P/E Growth: 1.08
Sales & Book Value:
  • Annual Revenue: $42.15 billion
  • Price / Sales: 0.44
  • Book Value: ($1.38) per share
  • Price / Book: -12.51
Dividend:
  • Annual Dividend: $1.14
  • Dividend Yield: 6.6%
Profitability:
  • EBITDA: $5.53 billion
  • Net Margins: 2.18%
  • Return on Equity: 3.79%
  • Return on Assets: 1.14%
Debt:
  • Debt-to-Equity Ratio: 1.73%
  • Current Ratio: 1.33%
  • Quick Ratio: 1.09%
Misc:
  • Average Volume: 4.53 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. announced a quarterly dividend on Thursday, July 27th. Shareholders of record on Monday, August 7th will be paid a dividend of $0.285 per share on Monday, August 21st. This represents a $1.14 annualized dividend and a yield of 6.60%. The ex-dividend date of this dividend 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?

Energy Transfer Equity, L.P. shares split 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 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) posted its quarterly earnings results on Tuesday, August, 8th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.25 by $0.07. The firm earned $8.94 billion during the quarter, compared to analysts' expectations 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 firm's revenue was up 20.5% on a year-over-year basis. During the same period in the previous year, the firm 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?

Energy Transfer Equity, L.P. is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for Energy Transfer Equity, L.P..

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 twelve-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 twelve months. 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 in 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 daily trading volume, of 6,456,218 shares, the short-interest ratio is presently 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?

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

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?

One share of Energy Transfer Equity, L.P. stock can currently be purchased for approximately $17.26.


MarketBeat Community Rating for Energy Transfer Equity, L.P. (NYSE ETE)
Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  322 (Vote Outperform)
Underperform Votes:  233 (Vote Underperform)
Total Votes:  555
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.

Analyst Ratings

Consensus Ratings for Energy Transfer Equity, L.P. (NYSE:ETE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 11 Buy Ratings
Consensus Rating:Buy (Score: 2.79)
Consensus Price Target: $21.18 (22.72% upside)
Consensus Price Target History for Energy Transfer Equity, L.P. (NYSE:ETE)
Price Target History for Energy Transfer Equity, L.P. (NYSE:ETE)
Analysts' Ratings History for Energy Transfer Equity, L.P. (NYSE:ETE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/20/2017MizuhoReiterated RatingBuy$21.00N/AView Rating Details
10/17/2017Goldman Sachs Group, Inc. (The)UpgradeNeutral -> Buy$23.00N/AView Rating Details
10/16/2017Jefferies Group LLCReiterated RatingBuy$20.00N/AView Rating Details
10/12/2017BMO Capital MarketsSet Price TargetHold$19.00N/AView Rating Details
10/12/2017Stifel NicolausReiterated RatingBuy$20.00N/AView Rating Details
9/6/2017Royal Bank Of CanadaReiterated RatingBuy$22.00LowView Rating Details
9/5/2017Morgan StanleyReiterated RatingOverweightLowView Rating Details
8/10/2017Sanford C. BernsteinReiterated RatingOutperformMediumView Rating Details
6/21/2017Deutsche Bank AGLower Price TargetBuy$23.00 -> $22.00MediumView Rating Details
5/12/2017Wolfe ResearchReiterated RatingMarket PerformLowView Rating Details
4/7/2017US Capital AdvisorsReiterated RatingHoldHighView Rating Details
1/12/2017Raymond James Financial, Inc.UpgradeMarket Perform -> Outperform$23.00N/AView Rating Details
12/6/2016Robert W. BairdReiterated RatingOutperform$20.00N/AView Rating Details
11/30/2016Credit Suisse GroupReiterated RatingOutperform$20.00N/AView Rating Details
9/29/2016StephensInitiated CoverageEqual Weight$20.00N/AView Rating Details
9/2/2016J P Morgan Chase & CoReiterated RatingOverweight$21.00N/AView Rating Details
7/5/2016Barclays PLCReiterated RatingOverweight$20.00N/AView Rating Details
2/17/2016Bank of America CorporationDowngradeBuy -> NeutralN/AView Rating Details
10/26/2015Evercore ISIInitiated CoverageBuy$29.00N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Energy Transfer Equity, L.P. (NYSE:ETE)
Earnings by Quarter for Energy Transfer Equity, L.P. (NYSE:ETE)
Earnings History by Quarter for Energy Transfer Equity, L.P. (NYSE ETE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/7/2017$0.34N/AView Earnings Details
8/8/2017Q2 2017$0.25$0.18$11.41 billion$8.94 billionViewListenView Earnings Details
2/22/2017Q4 2016$0.25$0.21$10.15 billion$10.80 billionViewN/AView Earnings Details
11/9/2016Q3 2016$0.23$0.19$8.53 billion$9.68 billionViewListenView Earnings Details
8/3/2016Q2$0.29$0.23$8.09 billion$9.34 billionViewN/AView Earnings Details
5/4/2016Q1$0.29$0.30$10.28 billion$7.98 billionViewListenView Earnings Details
2/24/2016Q4$0.36$0.30$13.04 billion$9.54 billionViewListenView Earnings Details
11/4/2015Q3$0.26$0.28$12.45 billion$10.62 billionViewN/AView Earnings Details
8/5/2015Q2$0.28$0.28$14.36 billion$11.59 billionViewListenView Earnings Details
5/6/2015Q115$0.70$0.52$15.10 billion$10.38 billionViewListenView Earnings Details
11/5/2014Q314$0.34$0.35$14.90 billion$15.00 billionViewN/AView Earnings Details
8/6/2014Q2$0.34$0.30$13.13 billion$14.14 billionViewN/AView Earnings Details
5/6/2014Q1$0.37$0.30$12.52 billion$13.08 billionViewN/AView Earnings Details
2/19/2014Q413$0.62($0.31)$11.76 billion$12.61 billionViewN/AView Earnings Details
11/5/2013Q313$0.58$0.54$11.93 billion$12.48 billionViewN/AView Earnings Details
5/8/2013Q113$0.26$0.32$11.00 billion$11.18 billionViewN/AView Earnings Details
2/20/2013Q4 2012$0.54$0.17$6.77 million$11.31 billionViewN/AView Earnings Details
11/7/2012Q312$0.40$0.65$2.11 billion$2.17 billionViewN/AView Earnings Details
5/8/2012$0.40$0.73ViewN/AView Earnings Details
2/15/2012$0.44$0.38ViewN/AView Earnings Details
11/2/2011$0.40$0.31ViewN/AView Earnings Details
8/3/2011$0.37$0.30ViewN/AView Earnings Details
5/5/2011$0.60$0.40ViewN/AView Earnings Details
2/16/2011$0.51$0.34ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Energy Transfer Equity, L.P. (NYSE:ETE)
2017 EPS Consensus Estimate: $0.49
2018 EPS Consensus Estimate: $1.32
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.21$0.21$0.21
Q2 20172$0.00$0.18$0.09
Q3 20172$0.01$0.19$0.10
Q4 20172($0.04)$0.21$0.09
Q1 20182$0.31$0.33$0.32
Q2 20182$0.29$0.36$0.33
Q3 20182$0.30$0.38$0.34
Q4 20182$0.30$0.36$0.33
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Energy Transfer Equity, L.P. (NYSE:ETE)
Most Recent Dividend:8/21/2017
Annual Dividend:$1.14
Dividend Yield:6.60%
Dividend Growth:20.50% (3 Year Average)
Payout Ratio:144.31% (Trailing 12 Months of Earnings)
91.94% (Based on This Year's Estimates)
55.34% (Based on Next Year's Estimates)
Track Record:4 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Energy Transfer Equity, L.P. (NYSE:ETE)

Dividend History by Quarter for Energy Transfer Equity, L.P. (NYSE ETE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/27/2017quarterly$0.296.45%8/3/20178/7/20178/21/2017
5/1/2017quarterly$0.296.1%5/8/20175/10/20175/19/2017
1/27/2017quarterly$0.296.14%2/3/20172/7/20172/20/2017
10/27/2016quarterly$0.297.55%11/3/201611/7/201611/18/2016
7/28/2016Quarterly$0.298/4/20168/8/20168/19/2016
7/28/2016quarterly$0.298/8/20168/15/2016
4/26/2016quarterly$0.295/4/20165/6/20165/19/2016
1/27/2016quarterly$0.292/4/20162/8/20162/19/2016
10/26/2015quarterly$0.2911/3/201511/5/201511/19/2015
7/23/2015quarterly$0.538/4/20158/6/20158/19/2015
4/28/2015quarterly$0.492.94%5/6/20155/8/20155/19/2015
1/26/2015quarterly$0.452/4/20152/6/20152/19/2015
10/21/2014quarterly$0.422.85%10/30/201411/3/201411/19/2014
7/24/2014quarterly$0.382.58%7/31/20148/4/20148/19/2014
4/23/2014quarterly$0.363.07%5/1/20145/5/20145/19/2014
1/30/2014quarterly$0.353.36%2/5/20142/7/20142/19/2014
1/28/2014$0.352/5/20142/7/20142/19/2014
10/23/2013quarterly$0.673.89%10/31/201311/4/201311/19/2013
7/26/2013quarterly$0.664.1%8/1/20138/5/20138/19/2013
4/24/2013quarterly$0.654.38%5/2/20135/6/20135/17/2013
1/30/2013quarterly$0.645.13%2/5/20132/7/20132/19/2013
1/28/2013quarterly$0.892/7/20132/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Energy Transfer Equity, L.P. (NYSE:ETE)
Insider Ownership Percentage: 3.28%
Institutional Ownership Percentage: 48.43%
Insider Trades by Quarter for Energy Transfer Equity, L.P. (NYSE:ETE)
Institutional Ownership by Quarter for Energy Transfer Equity, L.P. (NYSE:ETE)
Insider Trades by Quarter for Energy Transfer Equity, L.P. (NYSE:ETE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/9/2015Kelcy L. WarrenDirectorBuy2,485,000$16.62$41,300,700.00View SEC Filing  
12/7/2015K Rick TurnerDirectorBuy5,000$12.90$64,500.00View SEC Filing  
12/4/2015Jamie WelchCFOBuy50,000$15.75$787,500.00View SEC Filing  
12/4/2015Kelcy L. WarrenDirectorBuy2,000,000$16.07$32,140,000.00View SEC Filing  
12/4/2015Marshall S Mccrea IIICOOSell485,000$18.89$9,161,650.00View SEC Filing  
7/8/2015Kelcy L WarrenDirectorBuy375,600$62.95$23,644,020.00View SEC Filing  
7/7/2015Kelcy L WarrenDirectorBuy624,400$63.10$39,399,640.00View SEC Filing  
1/14/2015Kelcy L WarrenDirectorBuy400,000$48.00$19,200,000.00View SEC Filing  
10/14/2014Kelcy L WarrenDirectorBuy1,178,567$51.30$60,460,487.10View SEC Filing  
9/17/2014Kelcy L WarrenMajor ShareholderBuy33,000$60.41$1,993,530.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Energy Transfer Equity, L.P. (NYSE:ETE)
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Chart

Energy Transfer Equity, L.P. (ETE) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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