Energy Historical Income Statement

ET Stock  USD 15.54  0.05  0.32%   
Historical analysis of Energy Transfer income statement accounts such as Total Revenue of 82.5 B can show how well Energy Transfer LP performed in making a profits. Evaluating Energy Transfer income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Energy Transfer's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Energy Transfer LP latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Energy Transfer LP is a good buy for the upcoming year.
  
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.

About Energy Income Statement Analysis

Energy Transfer LP Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Energy Transfer shareholders. The income statement also shows Energy investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Energy Transfer Income Statement Chart

Energy Transfer LP Income Statement is one of the three primary financial statements used for reporting Energy's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Energy Transfer LP revenue and expense. Energy Transfer Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Energy Transfer's Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 4.1 B in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (125.4 M).

Total Revenue

Total revenue comprises all receipts Energy Transfer LP generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Energy Transfer LP minus its cost of goods sold. It is profit before Energy Transfer operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Energy Transfer LP. It is also known as Energy Transfer overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Energy Transfer LP operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Energy Transfer LP is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Energy Transfer's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Energy Transfer LP current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.
At this time, Energy Transfer's Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 4.1 B in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (125.4 M).
 2021 2022 2023 2024 (projected)
Gross Profit13.2B13.5B13.7B14.3B
Total Revenue67.4B89.9B78.6B82.5B

Energy Transfer income statement Correlations

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0.850.590.820.880.80.960.960.790.620.850.180.770.250.53-0.31-0.40.70.33-0.76-0.330.360.51-0.860.77
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Click cells to compare fundamentals

Energy Transfer Account Relationship Matchups

Energy Transfer income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization3.1B3.7B3.8B4.2B4.4B4.6B
Interest Expense2.3B2.3B2.3B2.3B2.6B1.4B
Total Revenue54.2B39.0B67.4B89.9B78.6B82.5B
Gross Profit11.3B9.8B13.2B13.5B13.7B14.3B
Other Operating Expenses46.9B33.1B58.6B81.8B70.3B73.8B
Operating Income4.6B2.3B5.3B4.3B8.3B8.7B
Ebit4.6B2.3B5.3B4.3B8.8B9.2B
Ebitda7.8B6.0B9.1B8.5B13.2B13.8B
Cost Of Revenue42.9B29.2B54.2B76.4B64.9B68.2B
Total Operating Expenses4.0B3.9B4.4B5.4B5.4B2.7B
Income Before Tax5.1B377M6.9B6.1B5.6B5.9B
Total Other Income Expense Net483M(1.9B)1.6B1.8B(132M)(125.4M)
Net Income4.9B140M5.5B4.8B3.9B4.1B
Income Tax Expense195M237M184M204M303M318.2M
Selling General Administrative694M711M818M1.0B916M549.6M
Net Income Applicable To Common Shares3.6B(649M)5.2B4.8B5.5B5.7B
Minority Interest1.3B788M1.2B(1.1B)(1.4B)(1.3B)
Net Income From Continuing Ops4.9B140M7.1B5.9B5.2B2.7B
Non Operating Income Net Other148M(276M)346M640M576M604.8M
Non Recurring74M2.9B21M386M443.9M867.2M
Tax Provision195M237M184M204M301M316.1M
Interest Income2.3B2.5B2.0B1.8B2.0B2.1B
Net Interest Income(2.3B)(2.3B)(2.3B)(2.3B)(2.5B)(2.6B)
Reconciled Depreciation3.1B3.7B3.8B4.2B4.3B3.9B

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

    
  31.5  
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

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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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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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.