Now trading at a price of $16.91, Energy Transfer LP has moved 0.0% so far today.
Over the last year, Energy Transfer LP logged a 3.2% change, with its stock price reaching a high of $21.45 and a low of $14.6. Over the same period, the stock underperformed the S&P 500 index by -14.6%. AThe company's 50-day average price was $17.16. Energy Transfer LP, together with its subsidiaries, provides energy-related services in the United States. Based in Dallas, TX, the Large-Cap Utilities company has 16,248 full time employees. Energy Transfer LP has offered a 7.7% dividend yield over the last 12 months.
The Firm Has a Highly Leveraged Balance Sheet:
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $54,213 | $38,954 | $67,417 | $89,876 | $78,586 | $82,671 |
| Operating Margins | 13% | 8% | 13% | 9% | 11% | 11% |
| Net Margins | 6% | -2% | 8% | 5% | 5% | 6% |
| Net Income (M) | $3,518 | -$648 | $5,470 | $4,756 | $3,935 | $4,814 |
| Net Interest Expense (M) | $2,331 | $2,327 | $2,267 | $2,306 | $2,578 | $3,125 |
| Depreciation & Amort. (M) | $3,147 | $3,678 | $3,817 | $4,164 | $4,385 | $4,701 |
| Diluted Shares (M) | 2,638 | 2,696 | 2,740 | 3,097 | 3,177 | 3,420 |
| Earnings Per Share | $1.33 | -$0.24 | $2.0 | $1.54 | $1.24 | $1.41 |
| EPS Growth | n/a | -118.05% | 933.33% | -23.0% | -19.48% | 13.71% |
| Free Cash Flow (M) | $2,096 | $2,231 | $8,340 | $5,670 | $6,421 | $7,342 |
| CAPEX (M) | $5,960 | $5,130 | $2,822 | $3,381 | $3,134 | $4,164 |
| Total Debt (M) | $51,054 | $51,438 | $49,702 | $48,262 | $52,388 | $59,760 |
| Net Debt / EBITDA | 4.9 | 7.67 | 3.92 | 4.03 | 4.12 | 4.3 |
| Current Ratio | 0.97 | 1.07 | 0.97 | 1.17 | 1.1 | 1.12 |
Energy Transfer LP has generally positive cash flows, rapidly growing revenues and decreasing reinvestment in the business, and positive EPS growth. However, the firm suffers from weak operating margins with a stable trend and a highly leveraged balance sheet. Finally, we note that Energy Transfer LP has just enough current assets to cover current liabilities, as shown by its current ratio of 1.12.
Energy Transfer LP Has Attractive Multiples and Trades Below Its Graham Number:
Energy Transfer LP has a trailing twelve month P/E ratio of 13.3, compared to an average of 21.16 for the Utilities sector. Based on its EPS guidance of $1.58, the company has a forward P/E ratio of 10.9. The 2.5% compound average growth rate of Energy Transfer LP's historical and projected earnings per share yields a PEG ratio of 5.34. This suggests that these shares are overvalued. In contrast, the market is likely undervaluing Energy Transfer LP in terms of its equity because its P/B ratio is 1.85 while the sector average is 2.36. The company's shares are currently trading -6.3% above their Graham number.
Analysts Give Energy Transfer LP an Average Rating of Buy:
The 19 analysts following Energy Transfer LP have set target prices ranging from $19.0 to $25.0 per share, for an average of $22.13 with a buy rating. The company is trading -23.6% away from its average target price, indicating that there is an analyst consensus of strong upside potential.
Energy Transfer LP has a very low short interest because 1.0% of the company's shares are sold short. Institutions own 31.9% of the company's shares, and the insider ownership rate stands at 10.1%, suggesting a large amount of insider shareholders. The largest shareholder is Alps Advisors Inc., whose 2% stake in the company is worth $1,256,518,782.
