Profile
Sector:
EnergyIndustry:
Oil & Gas MidstreamCountry:
United StatesIPO:
03 February 2006Website:
http://energytransfer.comNext earnings report:
02 August 2024Last dividends:
10 May 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:59:26 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
ET Latest News
Energy Transfer demonstrates improving profitability, which aids in deleveraging the balance sheet. Both factors are crucial for dividend safety. Accelerated investments in data centers provide a significant tailwind for large midstream companies like ET. Valuation analysis suggests ET's fair value is $19.85, 22% higher than the last close.
In its June meeting, The Organization of the Petroleum Exporting Countries (OPEC) extended most of its production cuts through the end of 2025. While some pundits view the move as an attempt to support an oversupplied market, it puts a floor on oil prices.
MPLX is positioned given its asset base in the Marcellus and Permian. Western was one of the best-performing midstream stocks in the first half and looks poised to continue to outperform.
Ensuring a steady stream of income remains a core goal for many investors. While market fluctuations can cause anxiety, focusing on some of the best dividend stocks for income may offer a dependable solution.
Zacks.com users have recently been watching Energy Transfer LP (ET) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Energy Transfer LP (ET) closed at $15.92 in the latest trading session, marking a -0.5% move from the prior day.
This article upgrades my earlier buy rating on ET to a strong buy due to the acquisition of Crestwood Equity Partners. I expect this acquisition to catalyze a higher growth rate than my earlier projection. When adjusted by growth rate and yield, valuation metrics approaches absurd levels.
In the most recent trading session, Energy Transfer LP (ET) closed at $15.70, indicating a +1.42% shift from the previous trading day.
Zacks.com users have recently been watching Energy Transfer LP (ET) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Given its asset base, Energy Transfer is well-positioned to benefit from increased natural gas demand coming from AI. Kinder Morgan has been one of the most vocal midstream companies on how AI power consumption could help its business.
What type of business is Energy Transfer LP?
Energy Transfer LP is an American oil and gas company that provides logistics services and other services for the transportation and storage of oil and gas products. The company was previously known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. Energy Transfer LP was founded in 2002 and is headquartered in Dallas, Texas. The company's activities have several business segments: - Intrastate transportation and storage of natural gas - Interstate transportation and storage segment - Midstream segment - NGL and oil product transportation and service segment - Crude oil transportation and service segment
What sector is Energy Transfer LP in?
Energy Transfer LP is in the Energy sector
What industry is Energy Transfer LP in?
Energy Transfer LP is in the Oil & Gas Midstream industry
What country is Energy Transfer LP from?
Energy Transfer LP is headquartered in United States
When did Energy Transfer LP go public?
Energy Transfer LP initial public offering (IPO) was on 03 February 2006
What is Energy Transfer LP website?
https://energytransfer.com
Is Energy Transfer LP in the S&P 500?
No, Energy Transfer LP is not included in the S&P 500 index
Is Energy Transfer LP in the NASDAQ 100?
No, Energy Transfer LP is not included in the NASDAQ 100 index
Is Energy Transfer LP in the Dow Jones?
No, Energy Transfer LP is not included in the Dow Jones index
When does Energy Transfer LP report earnings?
The next expected earnings date for Energy Transfer LP is 02 August 2024