Steven Anderson - Energy Transfer Independent Director of LE GP LLC

ET Stock  USD 15.23  0.19  1.23%   

Director

Mr. Steven R. Anderson is Director of LE GP LLC of the Company. He previously served as a member of the Partnerships audit committee and as the Chairman of the Partnerships compensation committee. Mr. Turners decision to resign from the board of LE GP was not due to any disagreement with the Partnership or LE GP relating to the operations, practices or policies of the Partnership. On June 4, 2018, Steven R. Anderson was appointed to the Board of Directors of LE GP by the members of LE GP pursuant to the provisions of the Amended and Restated Limited Liability Company Agreement of LE GP. Mr. Anderson will serve on the Partnerships audit committee and as the Chairman of the Partnerships compensation committee. since 2018.
Age 70
Tenure 6 years
Address 8111 Westchester Drive, Dallas, TX, United States, 75225
Phone214 981 0700
Webhttps://energytransfer.com

Energy Transfer Management Efficiency

The company has Return on Asset (ROA) of 0.0473 % which means that for every $100 of assets, it generated a profit of $0.0473. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.1233 %, which means that it produced $0.1233 on every 100 dollars invested by current stockholders. Energy Transfer's management efficiency ratios could be used to measure how well Energy Transfer manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to gain to 0.09 in 2024, whereas Return On Tangible Assets are likely to drop 0.04 in 2024. Total Current Liabilities is likely to drop to about 5.7 B in 2024. Liabilities And Stockholders Equity is likely to drop to about 50.6 B in 2024
The company reports 53.22 B of total liabilities with total debt to equity ratio (D/E) of 1.19, which is normal for its line of buisiness. Energy Transfer LP has a current ratio of 1.12, indicating that it is not liquid enough and may have problems paying out its debt commitments in time. Debt can assist Energy Transfer until it has trouble settling it off, either with new capital or with free cash flow. So, Energy Transfer's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Energy Transfer LP sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Energy to invest in growth at high rates of return. When we think about Energy Transfer's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

Murray SmithWilliams Companies
71
Gerald SmithONEOK Inc
70
Juanita HinshawWilliams Companies
70
Richard SnellEnterprise Products Partners
77
Michael BeattyMPLX LP
71
Park ShaperKinder Morgan
46
Kathleen CooperWilliams Companies
74
Gary PetersenPlains All American
71
Carin BarthEnterprise Products Partners
57
William SpenceWilliams Companies
64
James HackettEnterprise Products Partners
66
Peter RagaussWilliams Companies
63
John RaymondPlains All American
48
Deborah MacdonaldKinder Morgan
69
Gregory GoffEnbridge
63
Garry PeifferMPLX LP
68
Everardo GoyanesPlains All American
73
Franz FlachEnterprise Products Partners
48
Robert SinnottPlains All American
69
Arthur ReichstetterKinder Morgan
74
George PettyEnbridge
73
The company owns and operates approximately 11,600 miles of natural gas transportation pipeline, and three natural gas storage facilities in Texas and two natural gas storage facilities located in the state of Texas and Oklahoma and 19,830 miles of interstate natural gas pipeline. The company was founded in 1996 and is headquartered in Dallas, Texas. Energy Transfer operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 12558 people. Energy Transfer LP (ET) is traded on New York Stock Exchange in USA. It is located in 8111 Westchester Drive, Dallas, TX, United States, 75225 and employs 13,786 people. Energy Transfer is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification.

Management Performance

Energy Transfer LP Leadership Team

Elected by the shareholders, the Energy Transfer's board of directors comprises two types of representatives: Energy Transfer inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Energy. The board's role is to monitor Energy Transfer's management team and ensure that shareholders' interests are well served. Energy Transfer's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Energy Transfer's outside directors are responsible for providing unbiased perspectives on the board's policies.
James Perry, Director of LE GP, LLC
Romolo Magarelli, President CEO, Director
Steven Anderson, Independent Director of LE GP LLC
James Wright, General VP
Richard Brannon, Independent Director of LE GP, LLC
Mackie McCrea, Co-Chief Executive Officer
Ian McWalter, Independent Director
Thomas Mason, Executive Vice President, General Counsel and President - LNG of LE GP, LLC
Douglas DeBruin, Executive Chairman of the Board, Executive Vice President - Administration
Thomas Long, Co-Chief Executive Officer, Chief Financial Officer, Director of LE GP, LLC
Tom Long, Co-Chief Executive Officer
Matthew Ramsey, Chief Operating Officer, Director of LE GP, LLC
Christopher Curia, LLC GP
Brad Whitehurst, Executive Vice President Head of Tax of LE GP, LLC
Marshall McCrea, President, Co-Chief Executive Officer, Chief Commercial Officer and Director of LE GP LLC
Ray Davis, Director of LE GP LLC
Brian Piccioni, Director
John McReynolds, Special Advisor, Director of LE GP LLC
Ray Washburne, Independent Director of LE GP, LLC
Steve Hotte, Group Officer
Rakesh Patel, CTO
Dylan Bramhall, LLC GP
Thomas Pistor, Independent Director
Michael Grimm, Independent Director of LE GP LLC
Anthony Gridley, CFO, Corporate Secretary
Christopher Colclough, Independent Director
Bradford Whitehurst, Chief Financial Officer
Brent Ratliff, Vice President Investor Relations
Brian Campbell, Executive Vice President - Business Development
ATroy Sturrock, Senior Vice President, Principal Accounting Officer, Controller of LE GP LLC
Greg Mcilwain, Executive LLC
Kelcy Warren, Chairman of the Board, Chief Executive Officer of LE GP LLC
Marshall III, LLC GP

Energy Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Energy Transfer a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Energy Transfer Investors Sentiment

The influence of Energy Transfer's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Energy. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Energy Transfer's public news can be used to forecast risks associated with an investment in Energy. The trend in average sentiment can be used to explain how an investor holding Energy can time the market purely based on public headlines and social activities around Energy Transfer LP. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Energy Transfer's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Energy Transfer's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Energy Transfer's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Energy Transfer.

Energy Transfer Implied Volatility

    
  31.55  
Energy Transfer's implied volatility exposes the market's sentiment of Energy Transfer LP stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Energy Transfer's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Energy Transfer stock will not fluctuate a lot when Energy Transfer's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Energy Transfer in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Energy Transfer's short interest history, or implied volatility extrapolated from Energy Transfer options trading.

Pair Trading with Energy Transfer

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Energy Transfer position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Energy Transfer will appreciate offsetting losses from the drop in the long position's value.

Moving together with Energy Stock

  0.96AM Antero Midstream Partners Financial Report 24th of April 2024 PairCorr
  0.65NS NuStar Energy LP Financial Report 2nd of May 2024 PairCorr

Moving against Energy Stock

  0.78TK TeekayPairCorr
  0.71FLNG FLEX LNG Financial Report 21st of May 2024 PairCorr
  0.68EURN Euronav NV Financial Report 9th of May 2024 PairCorr
  0.53CQP Cheniere Energy Partners Financial Report 7th of May 2024 PairCorr
The ability to find closely correlated positions to Energy Transfer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energy Transfer when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Energy Transfer - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Energy Transfer LP to buy it.
The correlation of Energy Transfer is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Energy Transfer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energy Transfer LP moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Energy Transfer can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Energy Transfer LP is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Energy Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Energy Transfer Lp Stock. Highlighted below are key reports to facilitate an investment decision about Energy Transfer Lp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Transfer LP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Energy Stock analysis

When running Energy Transfer's price analysis, check to measure Energy Transfer's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Energy Transfer is operating at the current time. Most of Energy Transfer's value examination focuses on studying past and present price action to predict the probability of Energy Transfer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Transfer's price. Additionally, you may evaluate how the addition of Energy Transfer to your portfolios can decrease your overall portfolio volatility.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Transaction History
View history of all your transactions and understand their impact on performance
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Is Energy Transfer's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Energy Transfer. If investors know Energy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Energy Transfer listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.081
Dividend Share
1.245
Earnings Share
1.09
Revenue Per Share
24.856
Quarterly Revenue Growth
0.002
The market value of Energy Transfer LP is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Transfer's value that differs from its market value or its book value, called intrinsic value, which is Energy Transfer's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Energy Transfer's market value can be influenced by many factors that don't directly affect Energy Transfer's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Energy Transfer's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Transfer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Transfer's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.