Should I buy or sell Energy Transfer stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Energy Transfer in the last twelve months. There are currently 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ET shares. View ET analyst ratings or view top-rated stocks .

What is Energy Transfer's stock price target for 2024?

5 Wall Street research analysts have issued 12-month target prices for Energy Transfer's shares. Their ET share price targets range from $14.00 to $18.00. On average, they anticipate the company's stock price to reach $16.57 in the next twelve months. This suggests a possible upside of 18.9% from the stock's current price. View analysts price targets for ET or view top-rated stocks among Wall Street analysts .

How have ET shares performed in 2024?

Energy Transfer's stock was trading at $13.80 at the beginning of 2024. Since then, ET shares have increased by 1.0% and is now trading at $13.94. View the best growth stocks for 2024 here .

Are investors shorting Energy Transfer?

Energy Transfer saw a increase in short interest in January. As of January 15th, there was short interest totaling 38,110,000 shares, an increase of 6.4% from the December 31st total of 35,820,000 shares. Based on an average daily trading volume, of 14,390,000 shares, the days-to-cover ratio is presently 2.6 days. View Energy Transfer's Short Interest .

When is Energy Transfer's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024. View our ET earnings forecast .

How can I listen to Energy Transfer's earnings call?

Energy Transfer will be holding an earnings conference call on Wednesday, February 14th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link .

How were Energy Transfer's earnings last quarter?

Energy Transfer LP (NYSE:ET) released its quarterly earnings data on Wednesday, August, 2nd. The pipeline company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.30 by $0.05. The pipeline company earned $18.32 billion during the quarter, compared to analyst estimates of $20.40 billion. Energy Transfer had a trailing twelve-month return on equity of 11.98% and a net margin of 4.66%. The firm's revenue was down 29.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.39 EPS.

How often does Energy Transfer pay dividends? What is the dividend yield for Energy Transfer?

Energy Transfer declared a quarterly dividend on Thursday, January 25th. Stockholders of record on Wednesday, February 7th will be given a dividend of $0.315 per share on Tuesday, February 20th. This represents a $1.26 annualized dividend and a yield of 9.04%. The ex-dividend date is Tuesday, February 6th. This is a positive change from the stock's previous quarterly dividend of $0.31. Read our dividend analysis for ET .

Is Energy Transfer a good dividend stock?

Energy Transfer (NYSE:ET) pays an annual dividend of $1.26 per share and currently has a dividend yield of 9.04%. ET has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 118.87%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, ET will have a dividend payout ratio of 103.28% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for ET .

What ETFs hold Energy Transfer's stock?

ETFs with the largest weight of Energy Transfer (NYSE:ET) stock in their portfolio include InfraCap MLP ETF (AMZA) , Alerian MLP ETF (AMLP) , Global X MLP ETF (MLPA) , USCF Midstream Energy Income Fund (UMI) , Alerian Energy Infrastructure ETF (ENFR) , First Trust North American Energy Infrastructure Fund (EMLP) , FT Energy Income Partners Strategy ETF (EIPX) and Global X MLP & Energy Infrastructure ETF (MLPX) .

When did Energy Transfer's stock split?

Energy Transfer shares split before market open on Friday, June 13th 2014. The 2-1 split was announced on Tuesday, May 6th 2014. The newly created shares were issued to shareholders after the market closes on Thursday, June 12th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What is Kelcy L. Warren's approval rating as Energy Transfer's CEO?

109 employees have rated Energy Transfer Chief Executive Officer Kelcy L. Warren on Glassdoor.com . Kelcy L. Warren has an approval rating of 74% among the company's employees.

What other stocks do shareholders of Energy Transfer own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Energy Transfer investors own include Enterprise Products Partners (EPD) , AT&T (T) , Targa Resources (TRGP) , Energy Transfer Equity (ETE) , Kinder Morgan (KMI) , Exxon Mobil (XOM) , AbbVie (ABBV) , Pfizer (PFE) , Ford Motor (F) and Verizon Communications (VZ) .

Who are Energy Transfer's major shareholders?

Energy Transfer's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include UBS Group AG (0.91%), Mirae Asset Global Investments Co. Ltd. (0.81%), Clearbridge Investments LLC (0.81%), Kayne Anderson Capital Advisors LP (0.72%), Chickasaw Capital Management LLC (0.48%) and BNP Paribas Financial Markets (0.34%). Insiders that own company stock include Bradford D Whitehurst, Bradford D Whitehurst , Kelcy L Warren, Kelcy L Warren , Marshall S Mccrea III , Matthew S Ramsey , Michael K Grimm , Ray W Washburne , Richard D Brannon , Thomas E Long and Thomas P Mason . View institutional ownership trends .

How do I buy shares of Energy Transfer?

Shares of ET stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Followed 115 TimesTop Followed Top-Rated Dividend StocksTop-Rated Dividend Positive News SentimentPositive News

NYSE:ET

Energy Transfer (ET) Stock Price, News & Analysis

$13.94

+0.03 (+0.22%)

(As of 02/9/2024 08:56 PM ET)

Compare

Today's Range: $13.86
▼
$13.99
50-Day Range: $13.27
▼
$14.57
52-Week Range: $11.45
▼
$14.65

Volume: 7.95 million shs
Average Volume: 14.06 million shs
Market Capitalization: $43.84 billion

P/E Ratio: 13.15
Dividend Yield: 9.04%
Price Target: $16.57

Get Energy Transfer alerts:

Energy Transfer MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 18.9% Upside
$16.57 Price Target
Short Interest: Healthy
1.21% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.52
Based on 10 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 0.83%
From $1.21 to $1.22 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.80 out of 5 stars

Oils/Energy Sector

160th out of 236 stocks

Natural Gas Transmission Industry

11th out of 18 stocks

2.5

Analyst's Opinion

Consensus Rating
Energy Transfer has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $16.57, Energy Transfer has a forecasted upside of 18.9% from its current price of $13.94.
Amount of Analyst Coverage
Energy Transfer has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.21% of the outstanding shares of Energy Transfer have been sold short.
Short Interest Ratio / Days to Cover
Energy Transfer has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Energy Transfer has recently increased by 6.39%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
Energy Transfer is a leading dividend payer. It pays a dividend yield of 9.04%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Energy Transfer has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Energy Transfer is 118.87%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Energy Transfer will have a dividend payout ratio of 103.28% in the coming year. This indicates that Energy Transfer may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ET.

4.2

News and Social Media Coverage

News Sentiment
Energy Transfer has a news sentiment score of 1.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Energy Transfer this week, compared to 8 articles on an average week.
Search Interest
250 people have searched for ET on MarketBeat in the last 30 days. This is an increase of 17% compared to the previous 30 days.
MarketBeat Follows
114 people have added Energy Transfer to their MarketBeat watchlist in the last 30 days. This is an increase of 36% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Energy Transfer insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.28% of the stock of Energy Transfer is held by insiders.
Percentage Held by Institutions
Only 33.79% of the stock of Energy Transfer is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Energy Transfer are expected to grow by 0.83% in the coming year, from $1.21 to $1.22 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Energy Transfer is 13.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.39.
Price to Earnings Ratio vs. Sector
The P/E ratio of Energy Transfer is 13.15, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 14.15.
Price to Book Value per Share Ratio
Energy Transfer has a P/B Ratio of 1.24. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Energy Transfer Stock (NYSE:ET)

Energy Transfer LP is a limited partnership operating midstream energy assets in the US. The company is an integrated and diversified play on energy that deals in natural gas and crude oil and their derivatives. The company’s operating territory spans the North American energy infrastructure system with operations in 41 states and Canada and is systemically important.

The company was founded n 1995 by Kelcy Warren and Ray Davis. The company was private until 2004 when it IPOd. It operated as a stand-alone business until 2011 when it joined forces with Regency Energy Partners to purchase assets from Castleton Commodities International and begin a growth phase. As of 2022, Mr. Warren remains as Chairperson. The company is headquartered in Houston, Texas but maintains an international office in Beijing.

Among other notable acquisitions are the purchase of Sunoco and Sunoco logistics partners and the eventual absorption of Regency Energy Partners. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018 along with some internal structural changes.

Today the company operates a vast network of natural gas and crude oil collection, processing and storage facilities along with the pipelines to move it. The company’s subsidiaries include but are not limited to Sunoco LP, Sunoco Logistics Partners, USA Compression Partners and it owns 100% or a controlling interest in pipelines that include the Dakota Access Pipeline, the Bayou Bridge Pipeline and the Florida Gas Transmission Pipeline.

Energy Transfer Partner LP owns or controls more than 120,000 miles of pipeline infrastructure, including natural gas, crude oil and derivative vehicles. The company controls or owns five natural gas storage facilities and over a dozen natural gas or LNG processing plants. The company can compress and deliver LNG to transport vessels as well as process, store and deliver propane. Its downstream operations include wholesaling natural gas and derivative crude oil products to utility companies, industrial users, and consumers.

As of 2022, the company employed more than 11,000 people and brought in more than $39 billion in net revenue. Roughly 30% of the nation's natural gas is moved by Energy Transfer Partners LP infrastructure and growing. Projects in the works include newer, more efficient processing plants and the interstate Gulf Run pipeline.

Natural gas is a crucial factor in the switch to green energy. Not only is it the cleanest of all petroleum-based energy sources, but it is easy to store and use, making it ideal as a backup source for intermittent energy like solar and wind. Natural gas is also important as a feedstock for plastics and other products critical to the health industry. Natural gas is also important for making ammonia, a necessary fertilizer for today’s food chain.

As an MLP, Energy Transfers Partners pays a large share of its earnings as dividends. Investors of record can enroll in the Dividend Reinvestment Plan or DRIP and have their distributions paid in shares.

ET Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ET Stock News Headlines

February 8, 2024 | americanbankingnews.com

Energy Transfer Sees Unusually Large Options Volume (NYSE:ET)

February 7, 2024 | markets.businessinsider.com

Buy Rating Affirmed for Energy Transfer Amidst Growth and Financial Prospects

February 12, 2024 | Stansberry Research (Ad)

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February 7, 2024 | americanbankingnews.com

Energy Transfer (ET) Scheduled to Post Earnings on Wednesday

February 4, 2024 | fool.com

3 Top Energy Stocks to Buy in February

February 2, 2024 | americanbankingnews.com

US Capital Advisors Research Analysts Increase Earnings Estimates for Energy Transfer LP (NYSE:ET)

January 31, 2024 | finance.yahoo.com

12 Best February Dividend Stocks To Buy

January 29, 2024 | msn.com

Energy Transfer LP (ET) Rises Yet Lags Behind Market: Some Facts Worth Knowing

February 12, 2024 | Stansberry Research (Ad)

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January 29, 2024 | finance.yahoo.com

12 Best Dividend Stocks Under $50

January 28, 2024 | markets.businessinsider.com

Goldman Sachs Reaffirms Their Hold Rating on Energy Transfer (ET)

January 27, 2024 | fool.com

3 Great Dividend Stocks to Spice Up Your Portfolio

January 26, 2024 | msn.com

Energy Transfer LP Secures $3.8 Billion in Public Offerings

January 25, 2024 | benzinga.com

A Closer Look at Energy Transfer's Options Market Dynamics

January 23, 2024 | finance.yahoo.com

Energy Transfer LP (ET) Rises Higher Than Market: Key Facts

January 23, 2024 | nasdaq.com

Energy Transfer does not expect shutdown of Dakota Access oil pipeline

January 23, 2024 | finance.yahoo.com

Is Energy Transfer LP (ET) a Solid Growth Stock? 3 Reasons to Think "Yes"

January 22, 2024 | businesswire.com

Energy Transfer LP Announces Cash Distributions on Series E and I Preferred Units

January 19, 2024 | benzinga.com

Energy Transfer's Options Frenzy: What You Need to Know

January 17, 2024 | finance.yahoo.com

Energy Transfer LP (ET) Falls More Steeply Than Broader Market: What Investors Need to Know

January 15, 2024 | seekingalpha.com

Energy Transfer: Continuing To Scale Up As An Energy Giant

January 14, 2024 | seekingalpha.com

Energy Transfer Vs. Plains All American: Only One Is A Buy

January 12, 2024 | seekingalpha.com

Energy Transfer: Redemption Part II

January 11, 2024 | msn.com

Energy Transfer announces pricing of offerings

January 10, 2024 | businesswire.com

Energy Transfer LP Announces Pricing of $3 Billion of Senior Notes and $800 Million of Fixed-to-Fixed Reset Rate Junior Subordinated Notes

January 10, 2024 | fool.com

This Ultra-High-Yield Dividend Stock Enters 2024 as a Screaming Bargain

January 9, 2024 | msn.com

Japanese utility says may invest in Energy Transfer's Lake Charles LNG project

See More Headlines

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Company Calendar

Last Earnings: 8/02/2023
Ex-Dividend for 11/20 Dividend: 10/27/2023
Dividend Payable: 11/20/2023
Ex-Dividend for 2/20 Dividend: 2/06/2024
Today: 2/12/2024
Next Earnings (Confirmed): 2/14/2024
Dividend Payable: 2/20/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Natural gas transmission
Sub-Industry: N/A
Current Symbol: NYSE:ET
Previous Symbol: NYSE:ETP
CUSIP: N/A
CIK: 1276187
Web: www.energytransfer.com
Phone: (214) 981-0700
Fax: 214-981-0703
Employees: 12,565
Year Founded: 2001

Price Target and Rating

Average Stock Price Target: $16.57
High Stock Price Target: $18.00
Low Stock Price Target: $14.00
Potential Upside/Downside: +18.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.06
Trailing P/E Ratio: 13.15
Forward P/E Ratio: 11.52
P/E Growth: N/A
Net Income: $4.33 billion
Net Margins: 4.66%
Pretax Margin: 6.96%
Return on Equity: 11.98%
Return on Assets: 3.93%

Debt

Debt-to-Equity Ratio: 1.37
Current Ratio: 1.05
Quick Ratio: 0.85

Sales & Book Value

Annual Sales: $78.56 billion
Price / Sales: 0.56
Cash Flow: $2.76 per share
Price / Cash Flow: 5.05
Book Value: $11.21 per share
Price / Book: 1.24

Miscellaneous

Outstanding Shares: 3,145,066,000
Free Float: 3,041,908,000
Market Cap: $43.84 billion
Optionable: Optionable
Beta: 1.64

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Key Executives

Mr. Marshall S. McCrea III (Age 65)
Co-CEO & Director of LE GP, LLC
Comp: $5.63M
Mr. Thomas E. Long (Age 67)
Co-CEO & Director of LE GP, LLC
Comp: $4.03M
Mr. Dylan A. Bramhall (Age 46)
Group Chief Financial Officer of LE GP, LLC
Comp: $1.15M
Mr. James M. Wright Jr. (Age 55)
Executive VP, General Counsel & Chief Compliance Officer
Comp: $1.27M
Mr. Thomas P. Mason (Age 67)
Executive VP of Alternative Energy & President LNG of LE GP, LLC
Comp: $1.73M
Mr. Bradford D. Whitehurst (Age 49)
Executive Vice President of Tax & Corporate Initiatives of LE, GP, LLC
Comp: $1.6M
Mr. Kelcy L. Warren (Age 68)
Executive Chairman of LE GP, LLC
Comp: $6.39k
Mr. Greg G. Mcilwain
Executive Vice President of Operations of LE GP LLC
Mr. A. Troy Sturrock (Age 53)
Senior VP, Controller & Principal Accounting Officer of LE GP, LLC
Comp: $712.86k
Mr. Steve J. Hotte
Group Senior VP & Chief Information Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy Energy Transfer Stock? ET Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Energy Transfer was last updated on Thursday, February 1, 2024 at 1:07 PM.

Pros

Here are some ways that investors could benefit from investing in Energy Transfer LP:

Stable cash flows: Energy Transfer enters long-term, fixed-fee contracts to rent its pipelines, which leads to smoother cash flows throughout the energy market cycle.
Dividend growth: Energy Transfer hiked its dividend back to pre-COVID levels in January, indicating confidence from management.
Fee-based revenue: The company's fee-based revenue model, derived from renting out pipelines, provides a stable source of income.
Diversified operations: Energy Transfer owns and operates various natural gas transportation and storage facilities, as well as crude oil transportation and marketing activities, providing diversification in its operations.
Aggressive pursuit of new projects: Energy Transfer is known for pursuing new projects at a higher rate than other pipeline firms, which could lead to future growth opportunities.

Cons

Investors should be bearish about investing in Energy Transfer LP for these reasons:

Volatility in distributions: Energy Transfer's distributions paid can be more volatile compared to other pipeline MLPs, which may introduce uncertainty for investors.
Higher leverage: Energy Transfer is more leveraged compared to some of its peers, which could increase financial risk.
Dependency on energy market conditions: Energy Transfer's performance is influenced by energy market conditions, including natural gas prices, which can be unpredictable.
Debt burden: The company's aggressive pursuit of new projects may result in increased debt levels, which could impact its financial stability.
Lower yield compared to some peers: Energy Transfer's current yield is lower than some of its peers, which may be less attractive to income-focused investors.

ET Stock Analysis - Frequently Asked Questions

Should I buy or sell Energy Transfer stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Energy Transfer in the last twelve months. There are currently 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ET shares.
View ET analyst ratings or view top-rated stocks.
What is Energy Transfer's stock price target for 2024?: 5 Wall Street research analysts have issued 12-month target prices for Energy Transfer's shares. Their ET share price targets range from $14.00 to $18.00. On average, they anticipate the company's stock price to reach $16.57 in the next twelve months. This suggests a possible upside of 18.9% from the stock's current price.
View analysts price targets for ET or view top-rated stocks among Wall Street analysts.
How have ET shares performed in 2024?: Energy Transfer's stock was trading at $13.80 at the beginning of 2024. Since then, ET shares have increased by 1.0% and is now trading at $13.94.
View the best growth stocks for 2024 here.
Are investors shorting Energy Transfer?: Energy Transfer saw a increase in short interest in January. As of January 15th, there was short interest totaling 38,110,000 shares, an increase of 6.4% from the December 31st total of 35,820,000 shares. Based on an average daily trading volume, of 14,390,000 shares, the days-to-cover ratio is presently 2.6 days.
View Energy Transfer's Short Interest.
When is Energy Transfer's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024.
View our ET earnings forecast.
How can I listen to Energy Transfer's earnings call?: Energy Transfer will be holding an earnings conference call on Wednesday, February 14th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.
How were Energy Transfer's earnings last quarter?: Energy Transfer LP (NYSE:ET) released its quarterly earnings data on Wednesday, August, 2nd. The pipeline company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.30 by $0.05. The pipeline company earned $18.32 billion during the quarter, compared to analyst estimates of $20.40 billion. Energy Transfer had a trailing twelve-month return on equity of 11.98% and a net margin of 4.66%. The firm's revenue was down 29.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.39 EPS.
How often does Energy Transfer pay dividends? What is the dividend yield for Energy Transfer?: Energy Transfer declared a quarterly dividend on Thursday, January 25th. Stockholders of record on Wednesday, February 7th will be given a dividend of $0.315 per share on Tuesday, February 20th. This represents a $1.26 annualized dividend and a yield of 9.04%. The ex-dividend date is Tuesday, February 6th. This is a positive change from the stock's previous quarterly dividend of $0.31.
Read our dividend analysis for ET.

Is Energy Transfer a good dividend stock?: Energy Transfer (NYSE:ET) pays an annual dividend of $1.26 per share and currently has a dividend yield of 9.04%. ET has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 118.87%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, ET will have a dividend payout ratio of 103.28% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for ET.
What ETFs hold Energy Transfer's stock?: ETFs with the largest weight of Energy Transfer (NYSE:ET) stock in their portfolio include InfraCap MLP ETF (AMZA), Alerian MLP ETF (AMLP), Global X MLP ETF (MLPA), USCF Midstream Energy Income Fund (UMI), Alerian Energy Infrastructure ETF (ENFR), First Trust North American Energy Infrastructure Fund (EMLP), FT Energy Income Partners Strategy ETF (EIPX) and Global X MLP & Energy Infrastructure ETF (MLPX).
When did Energy Transfer's stock split?: Energy Transfer shares split before market open on Friday, June 13th 2014. The 2-1 split was announced on Tuesday, May 6th 2014. The newly created shares were issued to shareholders after the market closes on Thursday, June 12th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.
What is Kelcy L. Warren's approval rating as Energy Transfer's CEO?: 109 employees have rated Energy Transfer Chief Executive Officer Kelcy L. Warren on Glassdoor.com. Kelcy L. Warren has an approval rating of 74% among the company's employees.
What other stocks do shareholders of Energy Transfer own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Energy Transfer investors own include Enterprise Products Partners (EPD), AT&T (T), Targa Resources (TRGP), Energy Transfer Equity (ETE), Kinder Morgan (KMI), Exxon Mobil (XOM), AbbVie (ABBV), Pfizer (PFE), Ford Motor (F) and Verizon Communications (VZ).
Who are Energy Transfer's major shareholders?: Energy Transfer's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include UBS Group AG (0.91%), Mirae Asset Global Investments Co. Ltd. (0.81%), Clearbridge Investments LLC (0.81%), Kayne Anderson Capital Advisors LP (0.72%), Chickasaw Capital Management LLC (0.48%) and BNP Paribas Financial Markets (0.34%). Insiders that own company stock include Bradford D Whitehurst, Bradford D Whitehurst, Kelcy L Warren, Kelcy L Warren, Marshall S Mccrea III, Matthew S Ramsey, Michael K Grimm, Ray W Washburne, Richard D Brannon, Thomas E Long and Thomas P Mason.
View institutional ownership trends.
How do I buy shares of Energy Transfer?: Shares of ET stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ET) was last updated on 2/12/2024 by MarketBeat.com Staff

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