Energy Transfer Partners
ET

$16.27

0.87%

Market Cap: 54.9B

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

Utilities Natural Gas Transmission

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 8 analysts

0

News positive %

of 43 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

See Fund Rankings

Research analyst outlook

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

Low target

$18

11%

upside

Avg. target

$20

24%

upside

High target

$24

48%

upside

8 analyst ratings

8 positive

100%

0 neutral

0%

0 negative

0%

JP Morgan Jeremy Tonet	23%upside $20	Overweight Maintained	20 Jun 2024
Mizuho Gabriel Moreen	23%upside $20	Buy Maintained	18 Jun 2024
Morgan Stanley Robert Kad	23%upside $20	Overweight Maintained	10 Jun 2024
UBS Shneur Gershuni	48%upside $24	Buy Maintained	15 May 2024
Stifel Selman Akyol	17%upside $19	Buy Maintained	9 May 2024

See Analyst Rankings

Financial journalist opinion

Based on 43 articles about ET published over the past 30 days

Energy Transfer Announces Increase in Quarterly Cash Distribution

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced an increase in its quarterly cash distribution to $0.32 per Energy Transfer common unit ($1.28 on an annualized basis) for the second quarter ended June 30, 2024. This cash distribution per Energy Transfer common unit will be paid on August 19, 2024 to unitholders of record as of the close of business on August 9, 2024, and is an increase of 3.2 percent as compared to the second quarter of 2023. In addition, as previously an.

Energy Transfer Announces Increase in Quarterly Cash Distribution

Sunoco LP Maintains Quarterly Distribution

DALLAS , July 25, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that the Board of Directors of its general partner declared a quarterly distribution for the second quarter of 2024 of $0.8756 per common unit or $3.5024 per common unit on an annualized basis. The distribution will be paid on August 19, 2024 to common unitholders of record on August 9, 2024.

Sunoco LP Maintains Quarterly Distribution

AI Is Hungry For Power, Energy Transfer Will Deliver It

I previously argued for a bullish thesis on ET stock based on the growth potential added by the acquisition of Crestwood Equity Partners. Here, I will add another catalyst as the power demands of AI-related technology have come into focus. Natural gas is the largest energy source of U.S. electricity generation.

AI Is Hungry For Power, Energy Transfer Will Deliver It

Want $5,000 in Annual Dividend Income? Buy These 3 Income Stocks Right Now.

Chasing yield is risky. High-yield dividend stocks falling or failing businesses will often exhibit exorbitant rates.

Want $5,000 in Annual Dividend Income? Buy These 3 Income Stocks Right Now.

Zacks Investment Research

Why the Market Dipped But Energy Transfer LP (ET) Gained Today

In the most recent trading session, Energy Transfer LP (ET) closed at $16.40, indicating a +0.12% shift from the previous trading day.

Why the Market Dipped But Energy Transfer LP (ET) Gained Today

Energy Transfer LP Announces Cash Distribution on Series I Preferred Units

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (“ET”) today announced the quarterly cash distribution of $0.2111 per Series I Preferred Unit (NYSE: ETprI). The cash distribution for the Series I unitholders will be paid on August 14, 2024 to Series I unitholders of record as of the close of business on August 2, 2024. Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with more than 130,000 miles of pipeline and.

Energy Transfer LP Announces Cash Distribution on Series I Preferred Units

Zacks Investment Research

3 Reasons Why Growth Investors Shouldn't Overlook Energy Transfer LP (ET)

Energy Transfer LP (ET) is well positioned to outperform the market, as it exhibits above-average growth in financials.

3 Reasons Why Growth Investors Shouldn't Overlook Energy Transfer LP (ET)

Energy Transfer: A Gem We Uncovered Outside Our Regular Lane, Too Good To Pass Up

Energy Transfer identified as a hidden gem at $16/share, offering an 8.5% dividend return and strong prospects in the energy sector. ET operates in the midstream energy business, focusing on transporting and processing energy products, with revenue recovering and minimal volatility. Analyst consensus price target for ET is $19.29, showing potential for growth and consistent profits, making it an attractive investment opportunity.

Energy Transfer: A Gem We Uncovered Outside Our Regular Lane, Too Good To Pass Up

Zacks Investment Research

ET vs. OKE: Which Stock Is the Better Value Option?

Investors interested in Oil and Gas - Production Pipeline - MLB stocks are likely familiar with Energy Transfer LP (ET) and Oneok Inc. (OKE). But which of these two stocks offers value investors a better bang for their buck right now?

ET vs. OKE: Which Stock Is the Better Value Option?

Zacks Investment Research

Are Investors Undervaluing Energy Transfer (ET) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Energy Transfer (ET) Right Now?

See News Rankings