Energy Transfer(ET)
Search documents
Energy Transfer: A Great Coma Stock
Seeking Alpha· 2024-08-12 18:48
Travel Ink/DigitalVision via Getty Images Just the other day, on August 5th, I wrote an earnings preview article for one of my absolute favorite companies. That happens to be pipeline/midstream firm Energy Transfer LP (NYSE:ET). In that article, I talked about what analysts were anticipating and what investors should keep an eye on. When management announced results for the quarter, they reported revenue and earnings per share that fell short of expectations. But thanks in part to a recent acquisition, they ...
Energy Transfer Should Be A Core Portfolio Position
Seeking Alpha· 2024-08-12 13:27
Jonathan Kitchen/DigitalVision via Getty Images Energy Transfer LP (NYSE:ET) is one of the largest midstream companies in the world, with a market capitalization of more than $50 billion, and a dividend yield of more than 8%. The company has continued to generate record earnings, with substantial growth potential, which will enable strong long-term shareholder returns. Energy Transfer Updates Energy Transfer has a dividend yield of more than 8%, with adjusted EBITDA for the quarter at almost $3.8 billion. E ...
Is Now the Time to Buy Energy Transfer Stock?
The Motley Fool· 2024-08-12 08:15
Why this high-yield stock should be on investors' radars. Energy Transfer (ET -1.70%) once again increased its full-year guidance when it reported its second-quarter results, showing the strong operational momentum the company has. The stock has performed well this year with an over 20% return, including distributions. Despite its strong performance this year, the master limited partnership (MLP) still has an enticing forward distribution yield of about 7.9% and trades at an attractive valuation. Let's dive ...
Energy Transfer Is Delivering High-Octane Growth to Complement Its High-Yielding Dividend
The Motley Fool· 2024-08-09 09:50
The midstream giant is delivering a growth spurt. Energy Transfer (ET 4.03%) is better known for its hefty cash distributions. The master limited partnership's (MLP) payout currently yields around 8%. That's several times higher than the S&P 500's 1.5% dividend yield. That high-yielding dividend is only part of the appeal. The MLP is also growing at a brisk pace this year. Because of that, it could have the fuel to produce high-octane total returns. Stomping on the gas Energy Transfer recently reported robu ...
Energy Transfer(ET) - 2024 Q2 - Quarterly Report
2024-08-08 16:30
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ý QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-32740 ENERGY TRANSFER LP (Exact name of registrant as specified in its charter) Delaware 30-0108820 (State or other jurisdiction of incorporation or organizat ...
Energy Transfer LP (ET) Is Considered a Good Investment by Brokers: Is That True?
ZACKS· 2024-08-08 14:31
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 sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Energy Transfer LP (ET) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Energy Transfer LP currently has ...
Energy Transfer(ET) - 2024 Q2 - Earnings Call Presentation
2024-08-08 09:21
ENERGY 。TRANSFER Moving America's Energy Q2 2024 Earnings August 7, 2024 Forward-looking Statements / Legal Disclaimer Management of Energy Transfer LP (ET) will provide this presentation in conjunction with ET's 2nd quarter 2024 earnings conference call. On the call, members of management may make statements about future events, outlook and expectations related to Sunoco LP (SUN), USA Compression Partners, LP (USAC), and ET (collectively, the Partnerships), and their subsidiaries and this presentation may ...
Energy Transfer(ET) - 2024 Q2 - Earnings Call Transcript
2024-08-08 00:28
Energy Transfer LP Common Units (NYSE:ET) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Tom Long - Co-Chief Executive Officer Mackie McCrea - Co-Chief Executive Officer Conference Call Participants Jeremy Tonet - JPMorgan John Mackay - Goldman Sachs Keith Stanley - Wolf Research Theresa Chen - Barclays Spiro Dounis - Citi Michael Blum - Wells Fargo Operator Good day, and welcome to the Energy Transfer Q2 2024 Earnings Conference Call. All participants will be in listen-only ...
Energy Transfer(ET) - 2024 Q2 - Quarterly Results
2024-08-07 20:21
ENERGY TRANSFER REPORTS SECOND QUARTER 2024 RESULTS Dallas – August 7, 2024 - Energy Transfer LP (NYSE:ET) ("Energy Transfer" or the "Partnership") today reported financial results for the quarter ended June 30, 2024. Energy Transfer reported net income attributable to partners for the three months ended June 30, 2024 of $1.31 billion. For the three months ended June 30, 2024, net income per common unit (basic) was $0.35. Adjusted EBITDA for the three months ended June 30, 2024 was $3.76 billion compared to ...
Should You Buy Energy Transfer (ET) Ahead of Q2 Earnings Report?
ZACKS· 2024-08-06 14:25
Energy Transfer LP (ET) is expected to report an improvement in its top and bottom lines when it reports second-quarter 2024 results on Aug 7, after market close. The Zacks Consensus Estimate for ET's second-quarter revenues is pegged at $24.64 billion, indicating a 34.48% increase from the year-ago reported figure. The consensus estimate for earnings is pegged at 36 cents per unit. The Zacks Consensus Estimate for ET's second-quarter earnings has increased by 2.9% in the past 60 days. The estimate suggests ...