Energy Transfer(ET)

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Brokers Suggest Investing in Energy Transfer LP (ET): Read This Before Placing a Bet
Zacks Investment Research· 2024-01-23 15:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Energy Transfer LP (ET) .Energy Transfer LP currently has an average broke ...
Why Fast-paced Mover Energy Transfer LP (ET) Is a Great Choice for Value Investors
Zacks Investment Research· 2024-01-23 14:51
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...
Energy Transfer LP Announces Cash Distributions on Series E and I Preferred Units
Businesswire· 2024-01-22 23:02
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (“ET”) today announced the quarterly cash distribution of $0.4750000 per Series E Preferred Unit (NYSE: ETprE) and the quarterly cash distribution of $0.2111 per Series I Preferred Unit (NYSE: ETprI). On January 10, 2024, Energy Transfer issued a notice to redeem all of its outstanding (i) Series C preferred units at a redemption price per unit of $25.607454, which is equal to $25.00 per unit plus unpaid distributions to, but excluding, February 9, 2024 (the “Red ...
Energy Transfer: Why This Time 9.1% Dividend Is Safe?
Seeking Alpha· 2024-01-21 02:08
CreativeNature_nl Energy Transfer (NYSE:ET) is a widely recognized yield-focused stock, which offers a combination of attractive dividend yield and durable business operations. If we look at the historical yield level of ET, we will notice that currently, the dividend yield revolves around its historical average (excluding the outliers in 2016 and 2020 that were brought down by massive dividend cuts). Seeking Alpha There is a lot of chatter around ET's dividend attractiveness, where more bearish inves ...
Energy Transfer: Prepare To Buy
Seeking Alpha· 2024-01-19 16:23
peterschreiber.media/iStock via Getty Images Performance Assessment In my last update on Energy Transfer (NYSE:ET), I had a 'Neutral/Hold' rating on the security. Since then, ET has delivered a total shareholder return of +24.98% compared to the S&P 500's +19.15%, corresponding to a missed opportunity for +5.83% alpha: Performance since Hunting Alpha's last coverage of Energy Transfer (Seeking Alpha) Thesis I am more bullish on Energy Transfer now, but I am waiting for a better discount for buys. It is a cl ...
Energy Transfer LP (ET) Falls More Steeply Than Broader Market: What Investors Need to Know
Zacks Investment Research· 2024-01-17 23:51
Energy Transfer LP (ET) closed at $13.77 in the latest trading session, marking a -0.94% move from the prior day. The stock's performance was behind the S&P 500's daily loss of 0.56%. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw a decrease of 0.59%.Shares of the energy-related services provider witnessed a gain of 0.22% over the previous month, beating the performance of the Oils-Energy sector with its loss of 2.83% and underperforming the S&P 500's gain of 1.2%.Th ...
Energy Transfer LP (ET) Is a Trending Stock: Facts to Know Before Betting on It
Zacks Investment Research· 2024-01-16 15:37
Energy Transfer LP (ET) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this energy-related services provider have returned +1.2%, compared to the Zacks S&P 500 composite's +1.6% change. During this period, the Zacks Oil and Gas - Production Pipeline - MLB industry, which Energy Transfer LP falls in, has gained 3%. The key question now is: What cou ...
Dividend Cut Alert: Double-Digit Yields That Could Soon Be Slashed
Seeking Alpha· 2024-01-14 20:00
Andrii Yalanskyi No one likes a dividend cut: They reduce the income stream that many retirees rely on for funding their retirement lifestyle. They often trigger a negative market response, leading to steep stock price declines. This typically adds insult to injury by adding steep capital losses on top of the steep decline in income, limiting investors' ability to recycle the capital into another investment in an attempt to recoup their lost income. Some companies are forced to cut their dividends due to ...
Energy Transfer: Top 5 Big-Yield MLPs (IRA Or Taxable Account)
Seeking Alpha· 2024-01-14 17:03
canakat If you an income-focused investor, you have likely come across energy midstream companies (including master limited partnerships (“MLPs”)). These specialized companies generally transport oil and gas through pipelines, and they can offer some of the biggest and steadiest income payments in the market. However, before you invest in any of these companies, you need to understand the unique nuances and tax risks of the MLP structure, particularly with regards to account types (i.e. should you hold ...
Energy Transfer Preferred: This One Goes To 11
Seeking Alpha· 2024-01-11 22:35
GrahamMoore999 New Issue Update: Energy Transfer LP (ET) issued a new 8% junior subordinated paper yesterday (January 10th). The paper is pari passu with the old CEQP 9.25% preferred that has become ET 9.25%, Energy Transfer LP 9.250% FXD PFD I (NYSE:ET.PR.I) post the company's purchase of Crestwood. The new 8% issue traded up 2 points and is yielding 7.71%. It is callable at par (100) in 2029. Even with the pop, I continue to view the ET.PR.I preferred to have an upside. They are worth $11 just to get to t ...