Energy Transfer LP (ET) Declines More Than Market: Some Information for Investors

Company Performance - Energy Transfer LP (ET) closed at $15.87, reflecting a -1.79% change from the previous day, underperforming the S&P 500's daily loss of 0.23% [1] - Over the past month, ET shares have decreased by 7.45%, slightly better than the Oils-Energy sector's decline of 7.71% and the S&P 500's drop of 12.13% [1] Upcoming Earnings - The company's earnings report is scheduled for May 6, 2025, with an expected EPS of$ 0.33, representing a 3.13% increase from the same quarter last year [2] - Revenue is anticipated to reach $23.45 billion, indicating an 8.43% growth compared to the prior year [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at$ 1.41 per share, reflecting a 10.16% increase from the previous year, while revenue is expected to be $95.78 billion, marking a 15.85% rise [3] Analyst Estimates - Recent changes in analyst estimates for Energy Transfer LP are crucial as they indicate evolving short-term business trends, with positive revisions suggesting an optimistic outlook [4] Zacks Rank and Valuation - The Zacks Rank system currently rates Energy Transfer LP at 3 (Hold), with the consensus EPS estimate having decreased by 3.57% in the past month [6] - The company has a Forward P/E ratio of 11.49, slightly above the industry average of 11.48, and a PEG ratio of 0.54, compared to the industry average of 1.06 [7] Industry Context - Energy Transfer LP operates within the Oil and Gas - Production Pipeline - MLB industry, which is ranked 14th in the Zacks Industry Rank, placing it in the top 6% of over 250 industries [8]