Is Energy Transfer LP (NYSE: ET) The Best Stock To Invest In?

After Hours

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Stocks Info

Energy Transfer LP is listed on the NYSE in the Energy sector while operating in the Oil & Gas Midstream industry. The current market capitalization of Energy Transfer LP is $54.55B. A total of 8.27 million shares were traded on the day, compared to an average of 11.17M 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.


The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Energy Transfer LP pays an annual dividend of $1.25, resulting in a dividend yield of 7.76%, and it has a price to earnings (P/E) ratio of 14.89. 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.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, ET has a high of $16.48 and a low of $12.46.

As of this writing, ET has an earnings estimate of $0.35 per share for the current quarter. EPS was calculated based on a consensus of 9.0 estimates, with a high estimate of $0.43 per share and a lower estimate of $0.26. The company reported an EPS of $0.25 in the last quarter

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. 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

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in 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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