Energy Stock Today

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Stock . Energy Transfer Equity
ET Stock  USD 11.99  0.00  0.00%   

Market Performance

4 of 100

Odds Of Distress

Less than 47

Energy Transfer is selling for under 11.99 as of the 22nd of March 2023; that is No Change since the beginning of the trading day. The stock's last reported lowest price was 11.94. Energy Transfer has 47 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Energy Transfer Equity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of May 2021 and ending today, the 22nd of March 2023. Click here to learn more.
CUSIP
29273V100
Fiscal Year End
December
Business Domain
Energy
IPO Date
3rd of February 2006
Category
Energy
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 has 3.09 B outstanding shares of which 47.65 M shares are currently sold short in the market by investors with about 3.29 days to cover all shorted shares. More on Energy Transfer Equity

Moving together with Energy Transfer

+0.83DCPDCP Midstream LP Fiscal Quarter End 31st of March 2023 PairCorr

Energy Transfer Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Energy Transfer's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Energy Transfer or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Energy Transfer's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Energy Transfer's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
Older SymbolETE
President CEO, DirectorRomolo Magarelli
Thematic IdeaUtilities (view all)
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Fama & French Classification
Utilities
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Average Analyst Recommendation
Analysts covering Energy Transfer report their recommendations after researching Energy Transfer's financial statements, talking to executives and customers, or listening in on Energy Transfer's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Energy Transfer Equity. The Energy consensus assessment is calculated by taking the average forecast from all of the analysts covering Energy Transfer.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Energy Transfer Equity based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Energy Transfer Equity financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted798 M802.7 M
Slightly Down
Down
Slightly volatile
Weighted Average Shares2.7 B3.1 B
Fairly Down
Up
Slightly volatile
Return on Average Assets0.03190.04
Significantly Down
Up
Slightly volatile
Net Cash Flow from Operations7.9 B9.1 B
Fairly Down
Up
Slightly volatile
Current Liabilities9.8 B10.4 B
Notably Down
Up
Slightly volatile
Total Liabilities65.1 B65 B
Slightly Up
Up
Slightly volatile
Gross Margin0.230.196
Fairly Up
Up
Slightly volatile
Total Debt49.6 B49.1 B
Slightly Up
Up
Slightly volatile
Asset Turnover0.70.837
Fairly Down
Up
Pretty Stable
Current Assets10.8 B12.1 B
Moderately Down
Up
Slightly volatile
Total Assets102.6 B105.6 B
Fairly Down
Up
Slightly volatile
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Energy Transfer's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Financial Strength
Energy Transfer's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Energy Transfer's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Energy Transfer's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Energy Transfer's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Energy Transfer's financial leverage. It provides some insight into what part of Energy Transfer's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Energy Transfer's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Energy Transfer deploys its capital and how much of that capital is borrowed.
Liquidity
Energy Transfer cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 48.26 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 Equity 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 Equity 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.

Operating Cash Flow

7.95 Billion
Energy Transfer Equity (ET) is traded on New York Stock Exchange in USA. It is located in 8111 Westchester Drive, Dallas, TX, United States, 75225 and employs 12,565 people. Energy Transfer Equity was previously known as ENERGY TRANSFER LP and was traded on New York Stock Exchange under the symbol ETE. Energy Transfer is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a market capitalization of 37.43 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Energy Transfer's market, we take the total number of its shares issued and multiply it by Energy Transfer's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Energy Transfer Equity is active under Oil, Gas & Consumable Fuels sector as part of Energy industry. The entity has 3.09 B outstanding shares of which 47.65 M shares are currently sold short in the market by investors with about 3.29 days to cover all shorted shares. Energy Transfer Equity reports about 257 M in cash with 9.05 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11.
Check Energy Transfer Probability Of Bankruptcy
Ownership
Energy Transfer holds a total of three billion ninety-four million five hundred eighty-nine thousand nine hundred fifty-two outstanding shares. 30% of Energy Transfer Equity outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulation than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or about to change. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation

Check Energy Ownership Details

Energy Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Energy Transfer jumping above the current price in 90 days from now is about 75.8%. The Energy Transfer Equity probability density function shows the probability of Energy Transfer stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon Energy Transfer has a beta of 0.939 suggesting Energy Transfer Equity market returns are related to returns on the market. As the market goes up or down, Energy Transfer is expected to follow. Additionally, the company has an alpha of 0.1279, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 11.99HorizonTargetOdds Above 11.99
24.00%90 days
 11.99 
75.80%
Based on a normal probability distribution, the odds of Energy Transfer to move above the current price in 90 days from now is about 75.8 (This Energy Transfer Equity probability density function shows the probability of Energy Stock to fall within a particular range of prices over 90 days) .

Energy Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Energy Transfer that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Energy Transfer's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Energy Transfer's value.
InstituionTypeSharesValue
Zullo Investment Group IncCommon Shares6 K71.7 K
Zullo Investment Group IncCommon Shares5.9 K65 K
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Energy Transfer Historical Income Statement

Energy Transfer Equity 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 Equity revenue and expense. Energy Transfer Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Energy Transfer Net Income is comparatively stable at the moment as compared to the past year. Energy Transfer reported Net Income of 4.76 Billion in 2022. Net Income Common Stock is likely to gain to about 4.7 B in 2023, whereas Earning Before Interest and Taxes EBIT is likely to drop slightly above 5.8 B in 2023. View More Fundamentals
Consolidated Income  Earning Before Interest and Taxes EBIT  Net Income  

Energy Stock Against Markets

Picking the right benchmark for Energy Transfer stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Energy Transfer stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Energy Transfer is critical whether you are bullish or bearish towards Energy Transfer Equity at a given time.
 Competition   Compare Correlations

Be your own money manager

Our tools can tell you how much better you can do entering a position in Energy Transfer without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Energy Transfer Corporate Directors

Energy Transfer corporate directors refer to members of an Energy Transfer board of directors. The board of directors generally takes responsibility for the Energy Transfer's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Energy Transfer's board members must vote for the resolution. The Energy Transfer board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Steven AndersonIndependent Director of LE GP LLCProfile
Richard BrannonIndependent Director of LE GP, LLCProfile
Ian McWalterIndependent DirectorProfile
Matthew RamseyChief Operating Officer, Director of LE GP, LLCProfile

How to buy Energy Stock?

Before investing in Energy Transfer, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Energy Transfer. To buy Energy Transfer stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Energy Transfer. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Energy Transfer stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Energy Transfer Equity stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Energy Transfer Equity stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Energy Transfer Equity, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Energy Transfer Equity?

The danger of trading Energy Transfer Equity is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Energy Transfer is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Energy Transfer. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Energy Transfer Equity is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Investing Opportunities. You can also try Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for analysis

When running Energy Transfer Equity 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 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.
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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
0.167
Dividend Share
1
Earnings Share
1.4
Revenue Per Share
29.116
Quarterly Revenue Growth
0.099
The market value of Energy Transfer Equity 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.
Altman
Z Score
Details
Piotroski
F Score
Details
Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Earnings
Projections
Details
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 Energy Transfer value 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.
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