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 6,823 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
90% more repeat investments, than reductions
Existing positions increased: 483 | Existing positions reduced: 254
54% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 56
52% more call options, than puts
Call options by funds: $669M | Put options by funds: $439M
1% more funds holding
Funds holding: 1,069 [Q2] → 1,085 (+16) [Q3]
5% less capital invested
Capital invested by funds: $19.5B [Q2] → $18.6B (-$939M) [Q3]
1.41% less ownership
Funds ownership: 35.91% [Q2] → 34.5% (-1.41%) [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
4%
downside
Avg. target
$22
6%
upside
High target
$25
20%
upside
5 analyst ratings
4 positive
80%
1 neutral
20%
0 negative
0%
Barclays Theresa Chen 50% 1-year accuracy 14 / 28 met price target | 20%upside $25 | Overweight Maintained | 13 Jan 2025 |
Barclays Marc Solecitto 80% 1-year accuracy 4 / 5 met price target | 5%upside $22 | Overweight Maintained | 20 Dec 2024 |
Goldman Sachs John Mackay 78% 1-year accuracy 18 / 23 met price target | 4%downside $20 | Neutral Maintained | 19 Dec 2024 |
Wells Fargo Michael Blum 79% 1-year accuracy 27 / 34 met price target | 0%upside $21 | Overweight Maintained | 18 Dec 2024 |
RBC Capital Elvira Scotto 97% 1-year accuracy 31 / 32 met price target | 10%upside $23 | Outperform Maintained | 9 Dec 2024 |
Financial journalist opinion
Based on 40 articles about ET published over the past 30 days
Positive
Seeking Alpha
1 day ago
Energy Transfer: Multi-Year AI/ Data Center Boom Triggers Robust Growth Tailwinds
ET has been a beneficiary of the the insatiable generative AI demand, as it permeates chip infrastructure layer, AI SaaS, data center REITs, and now the energy sector. Its 21.1% of the total Gas Pipeline Transportation industry market share has come into play, as it "received requests for connections to more than 90 power plants and data centers." This is significantly aided by ET's potential FY2024 beat on the adj EBITDA guidance growth at +6.9% YoY, based on the YTD outperformance at +14.8% YoY.
Positive
The Motley Fool
1 day ago
The Smartest High-Yield Energy Stocks to Buy With $1,000 Right Now
When seeking high-yield dividend stocks, one of the best places to look is in the midstream energy space. Many of these companies are structured as master limited partnerships (MLPs), which pass through their profits to their unitholders and as such don't pay corporate taxes.
Positive
Seeking Alpha
2 days ago
Energy Transfer: Our Favorite Energy Stock For 2025
Midstream energy companies like Energy Transfer (ET) are poised to benefit from increased oil and gas volumes in 2025, despite potential price headwinds. ET's stable cash flows and recent acquisitions position it for substantial growth, outperforming competitors even with fluctuating energy prices. ET's valuation is attractive, trading at a discount to peers and offering strong growth prospects, making it a compelling 'Buy' in the current market.
Positive
Investors Business Daily
3 days ago
Broadcom, Goldman Sachs Lead 5 Stocks In Buy Areas With This Bullish Base
Broadcom and Goldman Sachs lead this weekend's watchlist of stocks that are just above traditional or early buy points. The post Broadcom, Goldman Sachs Lead 5 Stocks In Buy Areas With This Bullish Base appeared first on Investor's Business Daily.
Positive
The Motley Fool
3 days ago
These 5 High-Yielding Dividend Stocks Provided Me With the Most Passive Income Last Year (and Should Supply Even More in 2025)
I own a lot of dividend stocks. They're a big part of my investment strategy.
Positive
Seeking Alpha
4 days ago
Energy Transfer: Should Benefit From Rising Production, Growing NGL Demand
Energy Transfer LP is well-positioned for growth due to its extensive midstream infrastructure and potential benefits from increased U.S. oil production under the incoming administration. The company's export facilities could see higher throughput volumes if domestic energy production rises, providing a boost to the company's cash flow. Energy Transfer has a strong balance sheet, reasonable leverage, and a solid distribution coverage ratio, making it a reliable investment for income seekers.
Positive
Seeking Alpha
5 days ago
An 8%+ Retirement Income Cocktail Of: 1 BDC, 1 MLP, And 1 ETF
The usual sweet spot range for high and durable income is 6-8%. Anything above that tends to come with unfavorable financial risk. Yet, by being selective and careful, 8%+ exceptions can be found.
Positive
Seeking Alpha
6 days ago
Here's My Single Favorite Place To Buy Income
The market is facing challenges with sticky inflation and elevated valuations, necessitating a focus on high-quality, high-yielding dividend stocks to outperform. Rising long-term rates and a high term premium are pressuring markets, making bonds more attractive and demanding more from dividend stocks. America's energy sector, particularly midstream pipeline companies, is crucial for economic growth, offering significant investment opportunities due to increasing demand for natural gas infrastructure.
Neutral
Seeking Alpha
1 week ago
What I Wish I Knew Before Investing In Dividend Stocks
Dividend investing has been very rewarding for me. However, I have learned a lot of lessons the hard way. I share some of the most important lessons I have learned in this article.
Positive
The Motley Fool
1 week ago
Why Energy Transfer Rocketed 42% in 2024
Units of Energy Transfer (ET 0.26%) surged 42% in 2024, according to data provided by S&P Global Market Intelligence . That crushed the S&P 500 , which delivered a robust 23% return last year.
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