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
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 5 analysts
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
90% more repeat investments, than reductions
Existing positions increased: 483 | Existing positions reduced: 254
25% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 69
2% more funds holding
Funds holding: 1,068 [Q2] → 1,085 (+17) [Q3]
5% less capital invested
Capital invested by funds: $19B [Q2] → $18.1B (-$915M) [Q3]
1.37% less ownership
Funds ownership: 35.0% [Q2] → 33.63% (-1.37%) [Q3]
4% less funds holding in top 10
Funds holding in top 10: 67 [Q2] → 64 (-3) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$20
6%
upside
Avg. target
$21
12%
upside
High target
$23
22%
upside
5 analyst ratings
4 positive
80%
1 neutral
20%
0 negative
0%
Barclays Marc Solecitto 83% 1-year accuracy 5 / 6 met price target | 17%upside $22 | Overweight Maintained | 20 Dec 2024 |
Goldman Sachs John Mackay 77% 1-year accuracy 17 / 22 met price target | 6%upside $20 | Neutral Maintained | 19 Dec 2024 |
Wells Fargo Michael Blum 75% 1-year accuracy 24 / 32 met price target | 11%upside $21 | Overweight Maintained | 18 Dec 2024 |
RBC Capital Elvira Scotto 81% 1-year accuracy 26 / 32 met price target | 22%upside $23 | Outperform Maintained | 9 Dec 2024 |
B of A Securities Jean Ann Salisbury 64% 1-year accuracy 9 / 14 met price target | 6%upside $20 | Buy Reinstated | 17 Oct 2024 |
Financial journalist opinion
Based on 38 articles about ET published over the past 30 days
Positive
The Motley Fool
16 hours ago
Could Buying Energy Transfer Stock Today Set You Up for Life?
Energy Transfer (ET 3.23%) has a very attractive yield at 6.9%. That will draw the eyes of most income investors today, noting that the S&P 500 index has a miserly yield of just 1.2% or so.
Positive
Seeking Alpha
1 day ago
Buy The Dip: High-Yield High-Growth Stocks Getting Way Too Cheap
The Federal Reserve's announcement of fewer rate cuts has caused market panic, accelerating pullbacks in high-yield, high-growth stocks. However, I have found that high-yield, high-growth stocks are among the most rewarding investments. I share two high-yield, high-growth stocks that Mr. Market appears to be overlooking right now.
Positive
Benzinga
1 day ago
4 Dividend Picks For 2025: JPMorgan's Top Income Stocks To Energize Your Portfolio
Looking for steady cash flow in 2025? JPMorgan analysts have spotlighted four income-generating stock picks that offer dividend appeal and potential price upside.
Positive
The Motley Fool
1 day ago
Why I'm Buying These 3 Ultra-High-Yield Dividend Stocks Hand Over Fist for 2025
It's natural that income investors would be attracted to stocks with exceptionally high dividend yields. The higher the yield, the more income they'll receive, assuming the businesses are reliable cash generators.
Neutral
Zacks Investment Research
2 days ago
Energy Transfer LP (ET) Advances While Market Declines: Some Information for Investors
In the closing of the recent trading day, Energy Transfer LP (ET) stood at $18.27, denoting a +0.38% change from the preceding trading day.
Neutral
Business Wire
2 days ago
Energy Transfer Signs Agreement to Supply Chevron 2.0 Million Tonnes of LNG Per Annum From Its Lake Charles LNG Export Facility
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced its subsidiary, Energy Transfer LNG Export, LLC (Energy Transfer LNG), has entered into a 20-year LNG Sale and Purchase Agreement (SPA) with Chevron U.S.A. Inc. (Chevron) related to its Lake Charles LNG project. Under the SPA, Energy Transfer LNG will supply 2.0 million tonnes of LNG per annum (mtpa) to Chevron. The LNG will be supplied on a free-on-board (FOB) basis and the purchase price will consist of a fixed liquefactio.
Positive
The Motley Fool
2 days ago
4 No-Brainer Pipeline Stocks to Buy With $1,000 Right Now
Energy consumption has started to rise, in part thanks to the increased use of artificial intelligence (AI) applications. AI training and inference put computer servers through their paces and are very energy-intensive.
Positive
Seeking Alpha
3 days ago
Of 63 Fortune500 Industry Leaders, 57 Pay Dividends, 38 Test 'Safer' & 1 Is Ideal To Buy
The June/July, 2024 Fortune Magazine revealed 500 biggest U.S. companies by-revenue and profits. Arnold-research focused on 66 December industry-leaders using YCharts 12/13/24 data for Profits from 63. Those 63 Fortune 500 industry leaders (F500IL) were segmented into 21 business sectors ranging (alphabetically) from aerospace/defense to wholesalers. By yield, MO topped-all F500IL. Top-ten Yields from PEP, PLD, SO, XOM, ADM, T, UPS, CVS, ET, & MO, averaged 4.71% in December.
Positive
The Motley Fool
3 days ago
If You Like Energy Transfer's 7%-Yielding Dividend, You Should Check Out This 9%-Yielding Peer
Energy Transfer (ET -0.32%) is popular among income-seeking investors. The master limited partnership (MLP) offers a monster distribution that currently yields 7%.
Positive
Seeking Alpha
4 days ago
Energy Transfer's Quiet Path To Gains
Q3 2024 adjusted EBITDA rose 11.8% YoY to $3.96 billion, driven by core business throughput expansion. $2.9 billion planned for 2024 targets NGL exports, Permian Basin facilities, and pipeline upgrades to boost capacity. ET trades below its historical EV/EBITDA average, offering >36% long-term upside based on forward EBITDA growth.
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