Energy Transfer Partners
About: Energy Transfer owns one of the largest portfolios of crude oil, natural gas, and natural gas liquid assets in the US, primarily in Texas and the US midcontinent region. Its pipeline network totals 130,000 miles. It also owns gathering and processing facilities, one of the largest fractionation facilities in the US, fuel distribution assets, and the Lake Charles gas liquefaction facility. It combined its publicly traded limited and general partnerships in October 2018.
Employees: 13,786
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
93% more call options, than puts
Call options by funds: $597M | Put options by funds: $309M
91% more repeat investments, than reductions
Existing positions increased: 473 | Existing positions reduced: 248
0% less funds holding
Funds holding: 1,065 [Q2] → 1,060 (-5) [Q3]
5% less first-time investments, than exits
New positions opened: 86 | Existing positions closed: 91
1.45% less ownership
Funds ownership: 34.95% [Q2] → 33.5% (-1.45%) [Q3]
5% less funds holding in top 10
Funds holding in top 10: 66 [Q2] → 63 (-3) [Q3]
5% less capital invested
Capital invested by funds: $19B [Q2] → $18B (-$961M) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
B of A Securities Jean Ann Salisbury 71% 1-year accuracy 10 / 14 met price target | 16%upside $20 | Buy Reinstated | 17 Oct 2024 |
RBC Capital Elvira Scotto 90% 1-year accuracy 26 / 29 met price target | 16%upside $20 | Outperform Maintained | 16 Oct 2024 |
UBS Shneur Gershuni 82% 1-year accuracy 14 / 17 met price target | 33%upside $23 | Buy Maintained | 18 Sept 2024 |
Financial journalist opinion
Based on 46 articles about ET published over the past 30 days
