Energy Transfer Lp Stock Today

ET Stock  USD 16.30  0.01  0.06%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
Energy Transfer is selling for under 16.30 as of the 6th of October 2024; that is 0.06% down since the beginning of the trading day. The stock's last reported lowest price was 16.27. Energy Transfer has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Note, on September 4, 2024, Representative Virginia Foxx of US Congress acquired under $15k worth of Energy Transfer LP's common stock.
Business Domain
Energy
IPO Date
3rd of February 2006
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 3.42 B outstanding shares of which 24.85 M shares are currently sold short in the market by investors with about 1.96 days to cover all shorted shares. More on Energy Transfer LP

Moving together with Energy Stock

  0.79AM Antero Midstream PartnersPairCorr
  0.62TK TeekayPairCorr

Moving against Energy Stock

  0.32BROGW Brooge Energy LimitedPairCorr

Energy Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Co-Chief Executive OfficerMackie McCrea
Thematic IdeaUtilities (View all Themes)
Old NameEstablishment Investment Trust Plc
Business ConcentrationOil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, Utilities, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Midstream, Energy (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.03310.0346
Sufficiently Down
Pretty Stable
Asset Turnover0.760.6912
Significantly Up
Very volatile
Gross Profit Margin0.210.1738
Fairly Up
Pretty Stable
Net Debt29.7 B53.1 B
Way Down
Slightly volatile
Total Current Liabilities5.7 B11.3 B
Way Down
Slightly volatile
Non Current Liabilities Total33.4 B57.7 B
Way Down
Slightly volatile
Total Assets60 B113.7 B
Way Down
Slightly volatile
Total Current Assets13.1 B12.4 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities10 B9.6 B
Sufficiently Up
Slightly volatile
Debt Levels
Energy Transfer can leverage 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.
Liquidity
Energy Transfer LP 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. Note however, debt could still be an excellent tool for Energy to invest in growth at high rates of return.

Dividends Paid

(4.04 Billion)
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. The company currently falls under 'Large-Cap' category with a market capitalization of 55.78 B. Energy Transfer LP is active under Oil, Gas & Consumable Fuels sector as part of Energy industry. The entity has 3.42 B outstanding shares of which 24.85 M shares are currently sold short in the market by investors with about 1.96 days to cover all shorted shares. Energy Transfer LP reports about 257 M in cash with 9.55 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 Allocation
Energy Transfer holds a total of 3.42 Billion outstanding shares. 30% of Energy Transfer LP 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 regulations 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 is about to change. Please note that on September 4, 2024, Representative Virginia Foxx of US Congress acquired under $15k worth of Energy Transfer LP's common stock.
Check Energy Ownership Details

Energy Stock Institutional Holders

InstituionRecorded OnShares
Kayne Anderson Capital Advisors Lp2024-06-30
22.5 M
Energy Income Partners, Llc2024-06-30
20.2 M
Pamet Capital Management, Lp2024-06-30
17.8 M
Mirae Asset Global Etfs Holdings Ltd.2024-06-30
17.5 M
Clearbridge Advisors, Llc2024-06-30
16.7 M
Neuberger Berman Group Llc2024-06-30
16.5 M
Westwood Holdings Group Inc2024-06-30
16.1 M
Natixis Sa2024-06-30
16 M
Chickasaw Capital Management, Llc2024-06-30
14.9 M
Blackstone Inc2024-06-30
144.9 M
Goldman Sachs Group Inc2024-06-30
76 M
View Energy Transfer Diagnostics

Energy Transfer Historical Income Statement

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). View More Fundamentals

Energy Stock Against Markets

Energy Transfer Corporate Directors

John McReynoldsSpecial Advisor, Director of LE GP LLCProfile
Steven AndersonIndependent Director of LE GP LLCProfile
Ray WashburneIndependent Director of LE GP, LLCProfile
Richard BrannonIndependent Director of LE GP, LLCProfile

Additional 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.