After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Earlier, Yahoo Finance discussed this stock as it revealed Sunoco and Energy Transfer Sign First Joint Multi-Year Partnership With Stake F1 Team KICK Sauber.
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Stocks Info
As a NYSE listed company, ET falls under the Energy sector while operating within the Oil & Gas Midstream industry segment. At the end of the last regular session, the stock closed at $15.68 and fluctuated between $15.71 as its day high and $15.51 as its day low. The current market capitalization of Energy Transfer LP is $52.81B. A total of 11.05 million shares were traded on the day, compared to an average of 12.55M 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
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Energy Transfer LP pays an annual dividend of $1.25, resulting in a dividend yield of 7.94%, and it has a price to earnings (P/E) ratio of 14.42. 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.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, ET has a high of $15.56 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
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. ET’s latest balance sheet shows that the firm has $336.00M in Cash & Short Term Investments as of fiscal 2021. There were $50.56B in debt and $10.84B in liabilities at the time. Its Book Value Per Share was $8.98, while its Total Shareholder’s Equity was $40.13B.
Analysts Opinion
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. 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.
