ET - Energy Transfer LP

NYSE - NYSE Delayed Price. Currency in USD
8.16
-0.11 (-1.33%)
At close: 4:00PM EDT
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Previous close8.27
Open8.19
Bid8.15 x 1100
Ask8.18 x 4000
Day's range8.01 - 8.30
52-week range3.75 - 15.26
Volume17,277,420
Avg. volume41,199,915
Market cap21.986B
Beta (5Y monthly)2.74
PE ratio (TTM)11.33
EPS (TTM)0.72
Earnings date05 Aug 2020 - 10 Aug 2020
Forward dividend & yield1.22 (14.75%)
Ex-dividend date06 May 2020
1y target est11.37
  • Why Energy Transfer Believes Its 15%-Yielding Dividend Is Safe
    Motley Fool

    Why Energy Transfer Believes Its 15%-Yielding Dividend Is Safe

    Units of Energy Transfer (NYSE: ET) have cratered roughly 35% this year. One of the things he noted was that Energy Transfer generated $1.42 billion of cash during the quarter. As a result, he pointed out that the "coverage ratio for the quarter was 1.72 times, which resulted in excess cash flow after distributions of $594 million."

  • Investing.com

    U.S. Oil Nears $35 as Herd-Following Hedge Funds Pile In

    The herd trade has seized oil as hedge funds pile into the market to try and gain from its upside momentum, even without a fresh driver for prices. A day after rallying 5% on positive crude stockpiles data that was offset by a surprise rise in gasoline inventories, U.S. crude’s West Texas Intermediate benchmark was up again, this time without a new catalyst. Brent, the London-traded global benchmark for oil, rose 16 cents, or 0.5%, at $35.91.

  • Energy Transfer (ET) Q1 Earnings & Revenues Miss Estimates
    Zacks

    Energy Transfer (ET) Q1 Earnings & Revenues Miss Estimates

    Energy Transfer (ET) misses first-quarter earnings and revenue estimates, and lowers its 2020 capital expenditure guidance, taking into account the economic crisis caused by COVID-19 impacts.

  • Should Value Investors Pick Energy Transfer (ET) Stock Now?
    Zacks

    Should Value Investors Pick Energy Transfer (ET) Stock Now?

    Let's see if Energy Transfer LP (ET) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

  • Energy Transfer LP (ET) Q1 2020 Earnings Call Transcript
    Motley Fool

    Energy Transfer LP (ET) Q1 2020 Earnings Call Transcript

    ET earnings call for the period ending March 31, 2020.

  • Energy Transfer's Earnings Are Feeling Some Pressure From Lower Oil Prices
    Motley Fool

    Energy Transfer's Earnings Are Feeling Some Pressure From Lower Oil Prices

    While the company expects this trend to continue over the coming quarters, causing it to reduce its full-year guidance, it still plans to maintain its high-yielding distribution. Overall, Energy Transfer's earnings slipped by about 4% during the first quarter, while its cash flow fell by a low double-digit rate.

  • Associated Press

    Energy Transfer LP: 1Q Earnings Snapshot

    DALLAS (AP) _ Energy Transfer LP (ET) on Monday reported a first-quarter loss of $855 million, after reporting a profit in the same period a year earlier. The Dallas-based company said it had a loss of 32 cents per share. Earnings, adjusted for one-time gains and costs, came to 16 cents per share.

  • Energy Transfer Reports First Quarter 2020 Results and Reduces Capital Expenditures
    Business Wire

    Energy Transfer Reports First Quarter 2020 Results and Reduces Capital Expenditures

    Energy Transfer LP (NYSE:ET) ("ET" or the "Partnership") today reported financial results for the quarter ended March 31, 2020.

  • Why These 3 Energy Stocks Soared More Than 80% in April
    Motley Fool

    Why These 3 Energy Stocks Soared More Than 80% in April

    Despite two of the three cutting their payouts, investors still jumped back in to the oil and gas sector.

  • What's in the Offing for Energy Transfer's (ET) Q1 Earnings?
    Zacks

    What's in the Offing for Energy Transfer's (ET) Q1 Earnings?

    Contribution from organic projects and benefits from the SemGroup Corporation acquisition are likely to reflect on Energy Transfer's (ET) first-quarter results.

  • Energy Transfer LP (ET) Outpaces Stock Market Gains: What You Should Know
    Zacks

    Energy Transfer LP (ET) Outpaces Stock Market Gains: What You Should Know

    Energy Transfer LP (ET) closed the most recent trading day at $8.22, moving +1.61% from the previous trading session.

  • Energy Transfer LP (ET) Gains But Lags Market: What You Should Know
    Zacks

    Energy Transfer LP (ET) Gains But Lags Market: What You Should Know

    In the latest trading session, Energy Transfer LP (ET) closed at $7.23, marking a +0.49% move from the previous day.

  • Energy Transfer LP (ET) Stock Moves -1.15%: What You Should Know
    Zacks

    Energy Transfer LP (ET) Stock Moves -1.15%: What You Should Know

    Energy Transfer LP (ET) closed at $6.01 in the latest trading session, marking a -1.15% move from the prior day.

  • Energy Transfer Operating, L.P. Announces Cash Distributions on Series C, D and E Preferred Units
    Business Wire

    Energy Transfer Operating, L.P. Announces Cash Distributions on Series C, D and E Preferred Units

    Energy Transfer Operating, L.P. today announced the quarterly cash distribution of $0.4609375 per Series C Preferred Unit (NYSE: ETPprC), the quarterly cash distribution of $0.4765625 per Series D Preferred Unit (NYSE: ETPprD), and the quarterly cash distribution of $0.4750000 per Series E Preferred Unit (NYSE: ETPprE). These cash distributions will be paid on May 15, 2020 to Series C, Series D and Series E unitholders of record as of the close of business on May 1, 2020.

  • Is the Options Market Predicting a Spike in Energy Transfer (ET) Stock?
    Zacks

    Is the Options Market Predicting a Spike in Energy Transfer (ET) Stock?

    Investors need to pay close attention to Energy Transfer (ET) stock based on the movements in the options market lately.

  • Energy Transfer Announces Quarterly Cash Distribution and Earnings Release and Earnings Call Dates
    Business Wire

    Energy Transfer Announces Quarterly Cash Distribution and Earnings Release and Earnings Call Dates

    Energy Transfer LP (NYSE: ET) today announced a quarterly cash distribution of $0.305 per ET common unit ($1.22 on an annualized basis) for the first quarter ended March 31, 2020. This cash distribution is supported by the company’s underlying long-term stable cash flows. Energy Transfer benefits from a fully-integrated business with a diverse mix of earnings, generated by providing midstream services from the well-head to the market. The announced quarterly distribution is consistent with the distribution for the fourth quarter of 2019 and will be paid on May 19, 2020 to unitholders of record as of the close of business on May 7, 2020.

  • Shell drops out of major U.S. LNG project, Energy Transfer delays decision
    Reuters

    Shell drops out of major U.S. LNG project, Energy Transfer delays decision

    The Lake Charles, Louisiana, facility is one of several LNG export projects worldwide that have been delayed in recent months by the collapse in global energy prices. The crash in oil and gas prices has caused major LNG exporters like Qatar and oil giant Exxon Mobil Corp <XOM.N>, however, to put off gigantic new facilities or expansions of existing projects. U.S. gas prices have recently dropped to their lowest since 1995.

  • Energy Transfer Announces Restructuring of Lake Charles LNG Project
    Business Wire

    Energy Transfer Announces Restructuring of Lake Charles LNG Project

    Energy Transfer LP (NYSE: ET) announced today that it will take over development of the Lake Charles LNG export project following Shell’s announcement that it has decided not to proceed with an equity investment in the project. Shell advised Energy Transfer that its decision was made in light of current market conditions. Energy Transfer will take over the role of lead project developer and will continue the development of the project. In this regard, Energy Transfer will evaluate various alternatives to advance the project, including the possibility of bringing in one or more equity partners and reducing the size of the project from three trains (16.45 mtpa of LNG capacity) to two trains (11.0 mtpa).

  • Have These High-Reward Oil Plays Become Too Risky?
    Oilprice.com

    Have These High-Reward Oil Plays Become Too Risky?

    Pipeline Master Limited Partnerships were once some of Wall Street’s favorite energy money-makers, but they’ve become risky as oil prices have tanked

  • Are Options Traders Betting on a Big Move in Energy Transfer (ET) Stock?
    Zacks

    Are Options Traders Betting on a Big Move in Energy Transfer (ET) Stock?

    Investors need to pay close attention to Energy Transfer (ET) stock based on the movements in the options market lately.

  • North Dakota regulators OK expanded Dakota Access pipeline
    Associated Press

    North Dakota regulators OK expanded Dakota Access pipeline

    North Dakota regulators on Wednesday unanimously approved expanded capacity for the Dakota Access pipeline, saying they believed the project had met exhaustive state and federal requirements. The 3-0 vote by the all-Republican Public Service Commission came after the body signaled last month it was likely to approve a permit to expand the capacity of the pipeline, despite objections from opponents who said it would increase the probability of a disastrous oil spill. Commissioners said they expect their decision to be challenged in state court.

  • Should You Buy Energy Transfer (ET) Ahead of Earnings?
    Zacks

    Should You Buy Energy Transfer (ET) Ahead of Earnings?

    Energy Transfer (ET) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

  • Energy Transfer (ET) to Report Q4 Earnings: What's in Store?
    Zacks

    Energy Transfer (ET) to Report Q4 Earnings: What's in Store?

    Energy Transfer's (ET) fourth-quarter earnings are likely to have benefited from the fee-based business and completion of project backlog.

  • Coronavirus outbreak slows Energy Transfer's LNG push in China -CEO
    Reuters

    Coronavirus outbreak slows Energy Transfer's LNG push in China -CEO

    Energy Transfer has brought U.S.-based employees back from its Beijing office, CEO Kelcy Warren said at the Argus Americas Crude Summit in Houston. The company and Royal Dutch Shell <RDSa.L> have an agreement to develop Energy Transfer's existing Lake Charles LNG import facility on the U.S. Gulf Coast for LNG export, but the project has not received final investment approvals.