Briefing on the Fundamentals of Energy Transfer LP

Join us for a quick overview of Energy Transfer LP, a Oil & Gas Transportation and Processing company whose shares moved 1.3% today. Here are some facts about the stock that should help you see the bigger picture:

  • Energy Transfer LP has moved 12.4% over the last year, and the S&P 500 logged a change of 16.2%

  • ET has an average analyst rating of buy and is -24.11% away from its mean target price of $17.69 per share

  • Its trailing earnings per share (EPS) is $1.06

  • Energy Transfer LP has a trailing 12 month Price to Earnings (P/E) ratio of 12.7 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $1.47 and its forward P/E ratio is 9.1

  • The company has a Price to Book (P/B) ratio of 1.56 in contrast to the S&P 500's average ratio of 2.95

  • Energy Transfer LP is part of the Utilities sector, which has an average P/E ratio of 17.53 and an average P/B of 1.71

  • ET has reported YOY quarterly earnings growth of -49.4% and gross profit margins of 0.2%

  • The company has a free cash flow of $3.96 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • Energy Transfer LP provides energy-related services. The company owns and operates approximately 11,600 miles of natural gas transportation pipeline, and three natural gas storage facilities in Texas and two natural gas storage facilities located in the state of 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 Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; and a natural gas gathering system in Ohio, as well as transport and supplies water to natural gas producer in Pennsylvania. It owns approximately 5,650 miles of NGL pipeline; NGL fractionation facilities; NGL storage facilities with working storage capacity of approximately 58 million barrels (MMBbls); and other NGL storage assets and terminal with an aggregate storage capacity of approximately 25 MMBbls. The company provides crude oil transportation, terminalling, acquisition, and marketing activities; and sells and distributes gasoline, middle distillate, and motor fuels and other petroleum product. It offers natural gas compression service; carbon dioxide and hydrogen sulfide removal service; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalty, and generate electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. Energy Transfer LP was founded in 1996 and is headquartered in Dallas, Texas.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.