What Are The Chances Of Energy Transfer LP (NYSE: ET) Becoming A Clear Buy?

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.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Stocks Info

As a NYSE listed company, ET falls under the Energy sector while operating within the Oil & Gas Midstream industry segment. The current market capitalization of Energy Transfer LP is $52.17B. A total of 8.53 million shares were traded on the day, compared to an average of 11.25M 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.


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 8.11%, and it has a price to earnings (P/E) ratio of 14.24. ET’s most recent ex-dividend date was 5/10/2024 when it declared a $0.3170 quarterly dividend that was paid in cash on 5/20/2024. Previously, the company paid the dividend on 2/20/2024 with an ex-dividend date of 2/6/2024. The ET stock dividend was $0.3150 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 $16.40 and a low of $12.46.

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 $8.99, 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.

Most Popular

Related Posts