For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.46 per share and a revenue of $97.83 billion, signifying shifts of +33.94% and +24.49%, respectively, from the last year. Shares of the energy-related services provider witnessed a gain of 2.95% over the previous month, beating the performance of the Oils-Energy sector with its loss of 7.84% and the S&P 500's gain of 1.96%. Investors should also note any recent changes to analyst estimates for Energy Transfer LP. These latest adj ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, in ...

A safer approach could be investing in bargain stocks with recent price momentum. While the Zacks Momentum Style Score (part of the Zacks Style Scores system) helps identify great momentum stocks by paying close attention to trends in a stock's price or earnings, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced. While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns fo ...

Energy Transfer continues to add new growth drivers. Those needle-moving deals, along with organic expansion projects and healthy market conditions, position the midstream giant to grow its earnings by more than 10% this year. That will give it plenty of fuel to deliver on its plan to increase its nearly 8%-yielding distribution by about 3% to 5% this year. Closing another needle-moving deal On the financial side, the deal will provide the pipeline company with incremental revenue from gathering and process ...

Summing Up Energy Transfer will undoubtedly benefit from its JV in the prolific Permian Basin. Additionally, the acquisition of WTG Midstream will expand its operation in the Midland Basin. Entergy Transfer, with more than 130,000 miles of pipeline and related infrastructure in 44 states, is poised well to benefit from the improving oil, natural gas and natural gas liquid production volumes in the United States. This can be a favorable entry point for investors, given the positive movement in earnings estim ...

Heading into today, shares of the energy-related services provider had gained 5.68% over the past month, outpacing the Oils-Energy sector's loss of 7.9% and the S&P 500's gain of 4.43% in that time. It's also important for investors to be aware of any recent modifications to analyst estimates for Energy Transfer LP. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's busi ...

This acquisition expanded Energy Transfer's presence in the Midland Basin as it added 6,000 miles of complementary gas-gathering pipelines in the region. The deal added eight gas processing plants with a total capacity of 1.3 billion cubic feet per day and two additional processing plants, which are under construction. The completion of the acquisition will provide incremental revenues to Energy Transfer from gathering and processing activities, along with downstream transportation and fractionation fees. T ...

Energy Transfer, based in Dallas, will serve as the operator of the newly formed JV. The partnership is expected to be immediately accretive to distributable cash flow for both Energy Transfer and Sunoco, reflecting the strategic and financial benefits of this collaboration. The collaboration marks a significant step in the evolution of both Energy Transfer and Sunoco, as they leverage their combined assets and expertise to optimize operations, increase efficiencies and drive growth in the highly competitiv ...

DALLAS, July 16, 2024 /PRNewswire/ -- Energy Transfer LP (NYSE: ET) ("Energy Transfer") and Sunoco LP (NYSE: SUN) ("Sunoco") today announced the formation of a joint venture combining their respective crude oil and produced water gathering assets in the Permian Basin. Energy Transfer will serve as the operator of the joint venture and contribute its Permian crude oil and produced water gathering assets and operations. Sunoco will contribute all of its Permian crude oil gathering assets and operations to the ...

Pipeline and midstream energy stocks have had a strong start to 2024. This can been seen in the performance of major sector exchange-traded funds (ETFs) such as the Alerian Energy Infrastructure ETF (ENFR 0.47%), up about 18% year to date, and the Alerian MLP ETF (AMLP 0.59%), up nearly 17%. The latter only includes the stocks of midstream companies structured as master limited partnerships (MLPs), while the former includes midstream companies structured as both MLPs and corporations. Lets look at three mid ...