23-Apr-2024
Energy Transfer raises quarterly dividend by 0.8% to $0.3175 dividend
Seeking Alpha News (Wed, 24-Apr 9:08 AM ET)
Energy Transfer LP Announces Attractive Quarterly Distribution
TipRanks (Wed, 24-Apr 9:02 AM ET)
Energy Transfer Announces Increase in Quarterly Cash Distribution
Business Wire (Wed, 24-Apr 8:30 AM ET)
Energy Transfer (ET) Receives a Rating Update from a Top Analyst
TipRanks (Mon, 22-Apr 9:52 PM ET)
Energy Transfer LP 9.250% FXD PFD I declares $0.2111 dividend
Seeking Alpha News (Fri, 19-Apr 9:27 AM ET)
Energy Transfer LP Announces Cash Distribution on Series I Preferred Units
Business Wire (Fri, 19-Apr 8:30 AM ET)
PRNewswire (Wed, 17-Apr 7:00 AM ET)
Sunoco LP Announces Pricing of Private Offering of Senior Notes
PRNewswire (Tue, 16-Apr 5:37 PM ET)
Sunoco LP Announces Private Offering of Senior Notes
PRNewswire (Tue, 16-Apr 8:30 AM ET)
Sunoco LP and NuStar Energy L.P. Announce Expiration of Hart-Scott-Rodino Act Waiting Period
PRNewswire (Tue, 9-Apr 7:00 AM ET)
Energy Transfer owns a large platform of crude oil, natural gas, and natural gas liquid assets primarily in Texas and the U.S. midcontinent region. It also has gathering and processing facilities, one of the largest fractionation facilities in the U.S., and fuel distribution. Energy Transfer also owns the Lake Charles gas liquefaction facility. It combined its publicly traded limited and general partnerships in October 2018.
Energy Transfer LP Common Units trades on the NYSE stock market under the symbol ET.
As of April 23, 2024, ET stock price climbed to $15.90 with 9,976,483 million shares trading.
ET has a beta of 0.43, meaning it tends to be less sensitive to market movements. ET has a correlation of 0.11 to the broad based SPY ETF.
ET has a market cap of $53.55 billion. This is considered a Large Cap stock.
Last quarter Energy Transfer LP Common Units reported $21 billion in Revenue and $.37 earnings per share. This fell short of revenue expectation by $-928 million and exceeded earnings estimates by $.02.
In the last 3 years, ET stock traded as high as $16.04 and as low as $7.96.
The top ETF exchange traded funds that ET belongs to (by Net Assets): AMLP, MLPA, EMLP, AMZA, MLPX.
ET has outperformed the market in the last year with a price return of +34.3% while the SPY ETF gained +24.3%. ET has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +16.3% and +1.1%, respectively, while the SPY returned +4.6% and -2.6%, respectively.
ET support price is $15.66 and resistance is $16.00 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ET stock will trade within this expected range on the day.