Energy Transfer LP (ET) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Core Viewpoint - Analysts project that Energy Transfer LP (ET) will report quarterly earnings of $0.34 per share, reflecting a year-over-year increase of 17.2%, with revenues expected to reach $26.02 billion, a 33.2% increase from the same quarter last year [1]. Earnings Estimates - Over the past 30 days, the consensus EPS estimate for the quarter has been revised upward by 4.8%, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions to the stock, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Key Metrics Forecast - Analysts expect 'Midstream - Gathered volumes' to be 21,570 billion British thermal units per day, up from 20,690 billion British thermal units per day year-over-year [5]. - The forecast for 'Midstream - NGLs produced' is 1,160.76 thousand barrels of oil per day, compared to 1,134.00 thousand barrels of oil per day in the same quarter last year [5]. - 'Midstream - Equity NGLs' is projected to reach 64.91 thousand barrels of oil per day, an increase from 59.00 thousand barrels of oil per day year-over-year [6]. - 'NGL and Refined Products Transportation and Services - NGL and refined products terminal volumes' are expected to be 1,674.22 thousand barrels of oil per day, up from 1,465.00 thousand barrels of oil per day year-over-year [6]. - 'NGL and Refined Products Transportation and Services - NGL fractionation volumes' are forecasted at 1,139.30 thousand barrels of oil per day, slightly down from 1,141.00 thousand barrels of oil per day in the same quarter last year [7]. - The estimate for 'NGL and Refined Products Transportation and Services - Refined products transportation volumes' stands at 593.50 thousand barrels of oil per day, compared to 570.00 thousand barrels of oil per day year-over-year [8]. - 'NGL and Refined Products Transportation and Services - NGL transportation volumes' are expected to be 2,361.50 thousand barrels of oil per day, up from 2,262.00 thousand barrels of oil per day in the same quarter last year [9]. Adjusted EBITDA Projections - 'Adjusted EBITDA- Intrastate transportation and storage' is projected to reach $271.38 million, compared to $263.00 million in the same quarter last year [10]. - 'Adjusted EBITDA- Interstate transportation and storage' is expected to be $502.98 million, up from $493.00 million year-over-year [10]. - 'Adjusted EBITDA- Crude oil transportation and services' is forecasted at $746.73 million, down from $760.00 million in the same quarter last year [11]. - 'Adjusted EBITDA- NGL and refined products transportation and services' is estimated to reach $1.10 billion, compared to $1.11 billion year-over-year [12]. - The estimated 'Adjusted EBITDA- Midstream' is $810.34 million, up from $705.00 million in the same quarter last year [12]. Stock Performance - Over the past month, Energy Transfer LP shares have returned +4.1%, while the Zacks S&P 500 composite has changed by -0.3% [12].