Energy Transfer LP (ET) Exceeds Market Returns: Some Facts to Consider

Core Viewpoint - Energy Transfer LP (ET) is expected to report financial results soon, with projected earnings per share (EPS) of $0.32, indicating an 8.57% decline year-over-year, while revenue is anticipated to reach $24.73 billion, reflecting a 19.31% increase from the previous year [2]. Financial Performance - For the annual period, the Zacks Consensus Estimates predict earnings of $1.44 per share and revenue of $97.68 billion, representing increases of +12.5% and +18.15% respectively compared to last year [3]. - The consensus EPS projection has increased by 0.42% in the past 30 days, and Energy Transfer LP currently holds a Zacks Rank of 3 (Hold) [5]. Valuation Metrics - Energy Transfer LP has a Forward P/E ratio of 12.69, which is higher than the industry average Forward P/E of 12.28 [5]. - The company has a PEG ratio of 0.59, compared to the industry average PEG ratio of 1.15 [6]. Industry Context - The Oil and Gas - Production Pipeline - MLB industry, which includes Energy Transfer LP, ranks in the bottom 18% of all industries according to the Zacks Industry Rank [7].