Energy Transfer (ET) Stock Price, News & Analysis

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Energy Transfer in the last year. There are currently 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ET shares.
View ET analyst ratings or view top-rated stocks.

5 Wall Street research analysts have issued 12-month price targets for Energy Transfer's shares. Their ET share price targets range from $14.00 to $18.00. On average, they anticipate the company's share price to reach $16.57 in the next twelve months. This suggests a possible upside of 19.1% from the stock's current price.
View analysts price targets for ET or view top-rated stocks among Wall Street analysts.

Energy Transfer's stock was trading at $13.80 at the beginning of the year. Since then, ET stock has increased by 0.8% and is now trading at $13.91.
View the best growth stocks for 2024 here.

Energy Transfer saw a increase in short interest in January. As of January 15th, there was short interest totaling 38,110,000 shares, an increase of 6.4% from the December 31st total of 35,820,000 shares. Based on an average trading volume of 14,390,000 shares, the short-interest ratio is currently 2.6 days.
View Energy Transfer's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024.
View our ET earnings forecast.

Energy Transfer will be holding an earnings conference call on Wednesday, February 14th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Energy Transfer LP (NYSE:ET) released its quarterly earnings results on Wednesday, August, 2nd. The pipeline company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.30 by $0.05. The pipeline company earned $18.32 billion during the quarter, compared to analysts' expectations of $20.40 billion. Energy Transfer had a trailing twelve-month return on equity of 11.98% and a net margin of 4.66%. Energy Transfer's revenue was down 29.4% on a year-over-year basis. During the same quarter last year, the company earned $0.39 earnings per share.

Energy Transfer announced a quarterly dividend on Thursday, January 25th. Stockholders of record on Wednesday, February 7th will be paid a dividend of $0.315 per share on Tuesday, February 20th. This represents a $1.26 dividend on an annualized basis and a yield of 9.06%. The ex-dividend date of this dividend is Tuesday, February 6th. This is a positive change from the stock's previous quarterly dividend of $0.31.
Read our dividend analysis for ET.

Energy Transfer (NYSE:ET) pays an annual dividend of $1.26 per share and currently has a dividend yield of 9.02%. ET has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 118.87%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, ET will have a dividend payout ratio of 103.28% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for ET.

ETFs with the largest weight of Energy Transfer (NYSE:ET) stock in their portfolio include InfraCap MLP ETF (AMZA), Alerian MLP ETF (AMLP), Global X MLP ETF (MLPA), USCF Midstream Energy Income Fund (UMI), Alerian Energy Infrastructure ETF (ENFR), First Trust North American Energy Infrastructure Fund (EMLP), FT Energy Income Partners Strategy ETF (EIPX) and Global X MLP & Energy Infrastructure ETF (MLPX).

Energy Transfer's stock split on the morning of Friday, June 13th 2014. The 2-1 split was announced on Tuesday, May 6th 2014. The newly minted shares were payable to shareholders after the closing bell on Thursday, June 12th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

109 employees have rated Energy Transfer Chief Executive Officer Kelcy L. Warren on Glassdoor.com. Kelcy L. Warren has an approval rating of 74% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Energy Transfer investors own include Enterprise Products Partners (EPD), AT&T (T), Targa Resources (TRGP), Energy Transfer Equity (ETE), Kinder Morgan (KMI), Exxon Mobil (XOM), AbbVie (ABBV), Pfizer (PFE), Ford Motor (F) and Verizon Communications (VZ).

Energy Transfer's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Mirae Asset Global Investments Co. Ltd. (0.81%), Kayne Anderson Capital Advisors LP (0.72%), Chickasaw Capital Management LLC (0.48%), BNP Paribas Financial Markets (0.34%), CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (0.21%) and Miller Howard Investments Inc. NY (0.19%). Insiders that own company stock include Bradford D Whitehurst, Bradford D Whitehurst, Kelcy L Warren, Kelcy L Warren, Marshall S Mccrea III, Matthew S Ramsey, Michael K Grimm, Ray W Washburne, Richard D Brannon, Thomas E Long and Thomas P Mason.
View institutional ownership trends.

Shares of ET stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.