Energy Transfer(ET)
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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 ...
Energy Transfer Announces Fourth Quarter and Full Year 2023 Earnings Release and Earnings Call Timing
Businesswire· 2024-01-11 16:00
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced that it plans to release earnings for the fourth quarter and full year 2023 on Wednesday, February 14, 2024, after the market closes. The company will also conduct a conference call on Wednesday, February 14, 2024 at 3:30 p.m. Central Time/4:30 p.m. Eastern Time to discuss quarterly results and provide a company update including an outlook for 2024. The conference call will be broadcast live via an internet webcast, which can be accesse ...
Energy Transfer LP Announces Pricing of $3 Billion of Senior Notes and $800 Million of Fixed-to-Fixed Reset Rate Junior Subordinated Notes
Businesswire· 2024-01-11 01:00
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced the pricing of its concurrent offerings of $1.25 billion aggregate principal amount of 5.550% senior notes due 2034 and $1.75 billion aggregate principal amount of 5.950% senior notes due 2054 (together, the “senior notes”) and $800 million aggregate principal amount of 8.000% fixed-to-fixed reset rate junior subordinated notes due 2054 (the “junior subordinated notes”) at a price to the public of 99.660%, 99.523%, and 100.000%, respecti ...
Energy Transfer LP (ET) Stock Slides as Market Rises: Facts to Know Before You Trade
Zacks Investment Research· 2024-01-10 23:47
Energy Transfer LP (ET) closed the latest trading day at $13.92, indicating a -0.57% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.57%. Elsewhere, the Dow saw an upswing of 0.46%, while the tech-heavy Nasdaq appreciated by 0.75%.The the stock of energy-related services provider has risen by 5.66% in the past month, leading the Oils-Energy sector's gain of 1.25% and the S&P 500's gain of 3.4%.The investment community will be closely monitoring the performance of Energ ...
Energy Transfer LP Announces Public Offering of Senior Notes and Fixed-to-Fixed Reset Rate Junior Subordinated Notes and Redemption of Select Preferred Units
Businesswire· 2024-01-10 13:50
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced its intention, subject to market and other conditions, to concurrently offer senior notes due 2034 and senior notes due 2054 (together, the “senior notes”) and fixed-to-fixed reset rate junior subordinated notes due 2054 (the “junior subordinated notes”) in separate registered public offerings. Energy Transfer intends to use the net proceeds from the concurrent offerings to refinance existing indebtedness, including borrowings under its ...