Why Is Energy Transfer LP (ET) Up 3.8% Since Last Earnings Report?

Core Viewpoint - Energy Transfer LP has seen a 3.8% increase in shares over the past month, underperforming the S&P 500, raising questions about the sustainability of this trend leading up to the next earnings release [1] Estimates Movement - Estimates for Energy Transfer LP have trended upward over the past month, indicating positive sentiment among analysts [2] VGM Scores - Energy Transfer LP holds a strong Growth Score of A, but lags in Momentum Score with a D. The stock has an A grade on the value side, placing it in the top 20% for this investment strategy, resulting in an aggregate VGM Score of A [3] Outlook - The upward trend in estimates suggests a promising outlook for Energy Transfer LP, which has a Zacks Rank of 2 (Buy), indicating expectations for above-average returns in the coming months [4] Industry Performance - Energy Transfer LP is part of the Zacks Oil and Gas - Production Pipeline - MLB industry. Another player in this sector, Enterprise Products Partners, has gained 1.7% over the past month [5] Enterprise Products Financials - Enterprise Products reported revenues of $15.42 billion for the last quarter, reflecting a year-over-year increase of 4.5%. The EPS for the same period was $0.64, slightly down from $0.66 a year ago. The expected EPS for the current quarter is $0.67, indicating a year-over-year change of 4.7% [6] Enterprise Products Outlook - The estimate revisions for Enterprise Products translate into a Zacks Rank of 3 (Hold), with a VGM Score of A, indicating a stable outlook [7]