About ET
Energy Transfer LP provides energy-related services. The company owns and operates natural gas transportation pipeline, and natural gas storage facilities in Texas and Oklahoma; and 19,945 miles of interstate natural gas pipeline. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. The company owns and operates natural gas gathering and natural gas liquid (NGL) pipeline, processing plant, and treating and conditioning facilities in Texas, New Mexi... [Read more]
Industry
Sector Energy
IPO Date Feb 3, 2006
Employees 13,786
Stock Exchange NYSE
Ticker Symbol ET
Full Company Profile
Financial Performance
In 2023, ET's revenue was $78.59 billion, a decrease of -12.56% compared to the previous year's $89.88 billion. Earnings were $3.47 billion, a decrease of -19.88%.
Financial Statements
Analyst Forecast
According to 9 analysts, the average rating for ET stock is "Strong Buy." The 12-month stock price forecast is $16.88, which is an increase of 15.30% from the latest price.
Price Target
$16.88
(15.30% upside)
Analyst Consensus: Strong Buy
Stock Forecasts
News
Sunoco LP Files 2023 Annual Report on Form 10-K
DALLAS , Feb. 16, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") on February 16, 2024, filed operational and financial results for the fiscal year ended December 31, 2023, on ...
Other symbols: SUN
4 days ago - PRNewsWire
Energy Transfer LP Files 2023 Annual Report
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced it has filed its annual report on Form 10-K for the year ended December 31, 2023 with the Securities and Exchange Commission (SEC...
4 days ago - Business Wire
Energy Transfer Reports Strong Fourth Quarter 2023 Results and Announces 2024 Outlook
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE:ET) (“Energy Transfer” or the “Partnership”) today reported financial results for the quarter and year ended December 31, 2023. Energy Transfer report...
6 days ago - Business Wire
Sunoco LP Announces Fourth Quarter and Full Year 2023 Financial and Operating Results
Delivers record full year 2023 financial and operating results Reports fourth quarter volume of over 2.2 billion gallons, highest in the Partnership's history Reaffirms full year 2024 Adjusted EBITDA(...
Other symbols: SUN
6 days ago - PRNewsWire
Sunoco LP Maintains Quarterly Distribution
DALLAS , Jan. 25, 2024 /PRNewswire/ --Sunoco LP (NYSE: SUN) ("SUN") announced that the Board of Directors of its general partner declared a quarterly distribution for the fourth quarter of 2023 of $0...
Other symbols: SUN
26 days ago - PRNewsWire
Energy Transfer Announces Increase in Quarterly Cash Distribution
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced an increase in its quarterly cash distribution to $0.3150 per Energy Transfer common unit ($1.26 on an annualized basis) for the ...
26 days ago - Business Wire
Energy Transfer: Dakota Access oil pipe won't shut after environmental study
Energy Transfer does not expect the U.S. Army Corps of Engineers to shut down the Dakota Access oil pipeline (DAPL) after a long-pending environmental review of a section that runs under a lake and is...
4 weeks ago - Reuters
Raymond James Analyst Shares Top Picks, Midstream Investment Opportunities
VettaFi recently sat down with Raymond James analyst J.R. Weston to discuss the outlook for energy commodities and the midstream space.
Other symbols: EPDLNGPAAPAGPTRGP
4 weeks ago - ETF Trends
Energy Transfer LP Announces Cash Distributions on Series E and I Preferred Units
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (“ET”) today announced the quarterly cash distribution of $0.4750000 per Series E Preferred Unit (NYSE: ETprE) and the quarterly cash distribution of $0.211...
4 weeks ago - Business Wire
Sunoco LP Announces Fourth Quarter and Full Year 2023 Earnings Release and Call Timing
DALLAS , Jan. 11, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that it will release its fourth quarter and full year 2023 financial and operating results before the market opens on Wed...
Other symbols: SUN
5 weeks ago - PRNewsWire
Energy Transfer Announces Fourth Quarter and Full Year 2023 Earnings Release and Earnings Call Timing
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced that it plans to release earnings for the fourth quarter and full year 2023 on Wednesday, February 14, 2024, after the market clo...
5 weeks ago - Business Wire
Sunoco LP Announces Sale of West Texas Assets, Acquisition of European Liquid Fuels Terminals, and Reaffirms 2024 Adjusted EBITDA Guidance Range
DALLAS , Jan. 11, 2024 /PRNewswire/ --Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced that it has entered into a definitive agreement for the sale of 204 convenience stores to 7-El...
Other symbols: SUN
5 weeks ago - PRNewsWire
Energy Transfer LP Announces Pricing of $3 Billion of Senior Notes and $800 Million of Fixed-to-Fixed Reset Rate Junior Subordinated Notes
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced the pricing of its concurrent offerings of $1.25 billion aggregate principal amount of 5.550% senior notes due 2034 and $1.75 bil...
5 weeks ago - Business Wire
Energy Transfer LP Announces Public Offering of Senior Notes and Fixed-to-Fixed Reset Rate Junior Subordinated Notes and Redemption of Select Preferred Units
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced its intention, subject to market and other conditions, to concurrently offer senior notes due 2034 and senior notes due 2054 (tog...
5 weeks ago - Business Wire
Final Trade: ETH, BABA, MDT, ET
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Other symbols: BABAETHEMDT
2 months ago - CNBC Television
Sunoco LP Announces 2024 Operational and Financial Guidance
DALLAS , Dec. 4, 2023 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced its operational and financial guidance for 2024. Presentation materials discussing the guidance...
Other symbols: SUN
2 months ago - PRNewsWire
Top Wall Street analysts expect these dividend stocks to enhance total returns
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Home Depot and Walmart.
Other symbols: HDSUNVICIWMT
2 months ago - CNBC
How To Earn $500 A Month From Energy Transfer Stock - Energy Transfer (NYSE:ET)
Energy Transfer LP ET shares closed higher on Thursday as investors assessed the OPEC+ decision.
2 months ago - Benzinga
Refiners, transporters surge: Niche energy markets defy oil slump
Big energy likeChevron Corp. NYSE: CVXandExxon Mobil Corp. NYSE: XOMare trading well below their highs, while certain sub-industries within the energy sector are performing well.
Other symbols: CVXENBEPDEQTKMIMPCMPLX
3 months ago - MarketBeat
Cooperman expects ‘very little' from market but likes this one stock
Leon Cooperman – the Chief Executive of Omega Advisors says he does not expect much from the market at large.
3 months ago - Invezz
Energy Transfer inks non-binding deal to supply crude to France's TotalEnergies
U.S. pipeline operator Energy Transfer said on Thursday it has signed a non-binding agreement to supply crude oil to French energy major TotalEnergies from its upcoming Blue Marlin oil export project.
Other symbols: TTE
3 months ago - Reuters
Energy Transfer Announces a Heads of Agreement With TotalEnergies for Crude Offtake From Its Blue Marlin Offshore Project
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) announced today it has entered into a non-binding Heads of Agreement (HOA) with TotalEnergies related to term crude oil offtake from its proposed...
3 months ago - Business Wire
CapturePoint Secures Dedication of CO2 for CENLA Hub From Southwestern Energy Company
ALLEN, Texas--(BUSINESS WIRE)--CapturePoint LLC (together with its affiliates, “CapturePoint”) announced today that a subsidiary of Southwestern Energy Company (“Southwestern”) (NYSE: SWN) has agreed ...
Other symbols: SWN
3 months ago - Business Wire
Energy Transfer Completes Acquisition of Crestwood
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) (“Energy Transfer”) announced today the completion of its previously announced merger with Crestwood Equity Partners LP (“Crestwood”). The merger...
3 months ago - Business Wire
Energy Transfer Reports Third Quarter 2023 Results
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE:ET) (“Energy Transfer” or the “Partnership”) today reported financial results for the quarter ended September 30, 2023. Energy Transfer reported net i...
3 months ago - Business Wire
