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Energy Transfer Partners
ET

$16
0.57%
 

About: Energy Transfer owns a large platform of crude oil, natural gas, and natural gas liquid assets primarily in Texas and the U.S. midcontinent region. It also has gathering and processing facilities, one of the largest fractionation facilities in the U.S., and fuel distribution. Energy Transfer also owns the Lake Charles gas liquefaction facility. It combined its publicly traded limited and general partnerships in October 2018.

Employees: 13,786

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 8 analysts
0
News positive %
of 36 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

129% more call options, than puts

Call options by funds: $702M | Put options by funds: $307M

69% more repeat investments, than reductions

Existing positions increased: 430 | Existing positions reduced: 255

12% more capital invested

Capital invested by funds: $15.8B [Q4 2023] → $17.7B (+$1.87B) [Q1 2024]

8% more funds holding in top 10

Funds holding in top 10: 60 [Q4 2023] → 65 (+5) [Q1 2024]

0.43% less ownership

Funds ownership: 34.04% [Q4 2023] → 33.61% (-0.43%) [Q1 2024]

1% less funds holding

Funds holding: 1,040 [Q4 2023] → 1,032 (-8) [Q1 2024]

9% less first-time investments, than exits

New positions opened: 85 | Existing positions closed: 93

Research analyst outlook

8 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$18
13%
upside
Avg. target
$20
27%
upside
High target
$24
50%
upside

8 analyst ratings

positive
100%
neutral
0%
negative
0%
JP Morgan
Jeremy Tonet
25%upside
$20
Overweight
Maintained
20 Jun 2024
Mizuho
Gabriel Moreen
25%upside
$20
Buy
Maintained
18 Jun 2024
Morgan Stanley
Robert Kad
25%upside
$20
Overweight
Maintained
10 Jun 2024
UBS
Shneur Gershuni
50%upside
$24
Buy
Maintained
15 May 2024
Stifel
Selman Akyol
19%upside
$19
Buy
Maintained
9 May 2024

Financial journalist opinion

Based on 36 articles about ET published over the past 30 days