It’s Not Over Yet For Energy Transfer LP (NYSE: ET)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Most recently, Yahoo Finance reported about the stock as it publicized that Sunoco and Energy Transfer Sign First Joint Multi-Year Partnership With Stake F1 Team KICK Sauber.

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Stocks Info

Energy Transfer LP is listed on the NYSE as a member of the Energy sector and is a part of the Oil & Gas Midstream industry. At the end of the last regular session, the stock closed at $15.04 and fluctuated between $15.21 as its day high and $15.00 as its day low. The current market capitalization of Energy Transfer LP is $50.65B. A total of 8.24 million shares were traded on the day, compared to an average of 14.09M shares.

In the most recent transaction, MCCREA MARSHALL S III bought 50,000 shares of ET for 13.19 per share on Dec 12 ’23. After the transaction, the Co-CEO now owns 7,272,754 company shares. In a previous transaction on Nov 13 ’23, Mason Thomas P bought 8,000 shares at 13.17 per share. ET shares that EVP & Pres. LNG owns now total 1,715,720.

Among the insiders who bought shares, Whitehurst Bradford D. acquired of 10,000 shares on Nov 09 ’23 at a per-share price of $13.10. This resulted in the EVP holding 1,323,055 shares of ET after the transaction. In another insider transaction, WARREN KELCY L bought 1,000,000 shares at $13.33 per share on Nov 07 ’23. Company shares held by the Executive Chairman now total 66,578,477.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Energy Transfer LP pays an annual dividend of $1.25, resulting in a dividend yield of 8.28%, and it has a price to earnings (P/E) ratio of 13.83. ET’s most recent ex-dividend date was 2/6/2024 when it declared a $0.3150 quarterly dividend that was paid in cash on 2/20/2024. Previously, the company paid the dividend on 11/20/2023 with an ex-dividend date of 10/27/2023. The ET stock dividend was $0.3130 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, ET has a high of $15.28 and a low of $11.45.

As of this writing, ET has an earnings estimate of $0.39 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.46 per share and a lower estimate of $0.35. The company reported an EPS of $0.15 in the last quarter, which was -54.50% lower than expectations of $0.33.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ET is Buy with a score of 4.80.

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