More and more people are talking about Energy Transfer LP over the last few weeks. Is it worth buying the Oil & Gas Transportation and Processing stock at a price of $15.92? Only time will tell. The information below will give you a basic idea of what this investment may entail:
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Energy Transfer LP has moved 19.2% over the last year, and the S&P 500 logged a change of 24.9%
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ET has an average analyst rating of buy and is -16.89% away from its mean target price of $19.15 per share
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Its trailing earnings per share (EPS) is $1.19
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Energy Transfer LP has a trailing 12 month Price to Earnings (P/E) ratio of 13.4 while the S&P 500 average is 28.21
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Its forward earnings per share (EPS) is $1.56 and its forward P/E ratio is 10.2
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The company has a Price to Book (P/B) ratio of 1.76 in contrast to the S&P 500's average ratio of 4.71
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Energy Transfer LP is part of the Utilities sector, which has an average P/E ratio of 20.3 and an average P/B of 2.25
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ET has reported YOY quarterly earnings growth of 39.1% and gross profit margins of 0.2%
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The company has a free cash flow of $5.22 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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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 approximately 20,090 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. In addition, the company owns and operates natural gas gathering pipelines, processing plant, and treating and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, Montana, North Dakota, Wyoming, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; and transports and supplies water to natural gas producer in Pennsylvania. Further, it owns 5,700 miles of natural gas liquid (NGL) pipeline; NGL fractionation facilities; NGL storage facilities; and other NGL storage assets and terminal. Additionally, the company provides crude oil transportation, terminalling, acquisition, and marketing activities; owns and operates approximately 14,500 miles of crude oil trunk and gathering pipelines in the Southwest, Midcontinent, and Midwest United States; and sells and distributes gasoline, middle distillate, and motor fuels and other petroleum products. It also offers natural gas compression services; carbon dioxide and hydrogen sulfide removal services; 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.
