Energy Transfer Lp Stock Today

ET Stock  USD 14.53  0.16  1.09%   

Performance

7 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 6

 
100  
 
Zero
Low
Energy Transfer is selling for under 14.53 as of the 28th of February 2024; that is -1.09 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 14.52. Energy Transfer has only a 6 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Energy Transfer LP are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 10th of March 2022 and ending today, the 28th of February 2024. Please note, there could be an existing legal relationship between Energy Transfer LP (ET) and Energy Transfer Equity (ETE). Click here to learn more.
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 3.37 B outstanding shares of which 42.39 M shares are currently sold short in the market by investors with about 3.14 days to cover all shorted shares. More on Energy Transfer LP

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Energy 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
Related EntityETE (Energy Transfer Equity)
President CEO, DirectorRomolo Magarelli
Thematic Ideas
(View all Themes)
SEC FilingsEnergy Transfer Security & Exchange Commission EDGAR Reports
Old NameEstablishment Investment Trust Plc
Business ConcentrationOil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, Basic Utilities, Utilities, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Midstream, Energy (View all Sectors)
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 LP. The Energy consensus assessment is calculated by taking the average forecast from all of the analysts covering Energy Transfer.
Financial Strength
Based on the analysis of Energy Transfer's profitability, liquidity, and operating efficiency, Energy Transfer LP may be sliding down financialy. It has an above-average risk of going through some form of financial distress next quarter. Financial strength of Energy Transfer LP is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Shares Diluted798 M802.7 M
Slightly Down
Slightly volatile
Weighted Shares2.8 B3.1 B
Moderately Down
Slightly volatile
Return on Assets0.02890.032
Moderately Down
Slightly volatile
Net Cash Flow from Operations8.7 B9.6 B
Moderately Down
Slightly volatile
Current Liabilities10.6 B11.3 B
Notably Down
Slightly volatile
Total Liabilities69.6 B69.8 B
Slightly Down
Slightly volatile
Gross Margin0.250.23
Significantly Up
Slightly volatile
Total Debt53.4 B53.2 B
Slightly Up
Slightly volatile
Asset Turnover0.660.729
Moderately Down
Slightly volatile
Current Assets11.3 B12.4 B
Significantly Down
Slightly volatile
Total Assets110.3 B113.7 B
Sufficiently Down
Slightly volatile
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 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.

Operating Cash Flow

8.66 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 49.47 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 LP is active under Oil, Gas & Consumable Fuels sector as part of Energy industry. The entity has 3.37 B outstanding shares of which 42.39 M shares are currently sold short in the market by investors with about 3.14 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 LP retains a total of 3.37 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 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. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
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 7.55%. The Energy Transfer LP 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 0.622 suggesting as returns on the market go up, Energy Transfer average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Energy Transfer LP will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0074, implying that it can generate a 0.007384 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 14.53HorizonTargetOdds Above 14.53
92.30%90 days
 14.53 
7.55%
Based on a normal probability distribution, the odds of Energy Transfer to move above the current price in 90 days from now is about 7.55 (This Energy Transfer LP 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.
InstituionRecorded OnShares
First Reserve Gp Xiii Ltd2023-12-31
23.3 M
Kayne Anderson Capital Advisors Lp2023-12-31
22.7 M
Clearbridge Advisors, Llc2023-09-30
21.4 M
Mirae Asset Global Investments (korea) Co Ltd2023-09-30
18.5 M
Pamet Capital Management, Lp2023-12-31
17.8 M
Neuberger Berman Group Llc2023-09-30
17.2 M
Westwood Holdings Group Inc2023-09-30
15.7 M
Chickasaw Capital Management, Llc2023-12-31
15.2 M
Natixis Sa2023-12-31
15 M
Blackstone Inc2023-09-30
150.5 M
Alps Advisors Inc2023-12-31
69.7 M
View Energy Transfer Diagnostics

Energy Transfer Historical Income Statement

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 Net Loss Income from Discontinued Operations is comparatively stable as compared to the past year. Preferred Dividends Income Statement Impact is likely to gain to about 502.8 M in 2024, whereas Earning Before Interest and Taxes EBIT is likely to drop slightly above 5.9 B in 2024. View More Fundamentals

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 LP at a given time. Please also check how Energy Transfer's historical prices are related to one of the top price index indicators.

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 LP 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 LP 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 LP, 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, change in net worth, 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 affecting your buy or sell decision. 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. For more information on how to buy Energy Stock please use our How to Invest in Energy Transfer guide.

Already Invested in Energy Transfer LP?

The danger of trading Energy Transfer LP 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 LP 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.
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 employment.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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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.
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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.