Energy Transfer LP (ET) Stock

About Energy Transfer LP

Energy Transfer LP functions as a comprehensive provider of energy infrastructure and associated services. The company operates extensive natural gas networks, including approximately 11,600 miles of intrastate transportation pipelines and an additional 19,830 miles dedicated to interstate transport. Its natural gas storage capabilities encompass three facilities in Texas and another two spanning Texas and Oklahoma. Energy Transfer supplies natural gas to a diverse range of customers, such as electric utilities, independent power producers, local distribution companies, other marketing firms, and various industrial end-users. Beyond transportation, the firm manages substantial infrastructure for gathering, processing, treating, and conditioning natural gas and natural gas liquids (NGLs) across a broad geographic area that includes Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, and Louisiana. This infrastructure also covers natural gas gathering systems in Ohio, and integrated natural gas gathering, oil pipeline, and oil stabilization facilities situated in South Texas. Additionally, the company provides water transport and supply services to natural gas producers in Pennsylvania. In the NGL sector, Energy Transfer possesses approximately 5,215 miles of NGL pipelines, along with facilities for NGL and propane fractionation. Its NGL storage solutions include facilities with a working capacity of around 50 million barrels (MMBbls), supplemented by additional storage assets and terminals totaling about 17 MMBbls. The company is actively involved in the transportation, terminalling, acquisition, and marketing of crude oil, as well as the distribution of refined petroleum products like gasoline, middle distillates, and motor fuels. Complementing these primary operations, Energy Transfer offers specialized services such as natural gas compression, removal of carbon dioxide and hydrogen sulfide, natural gas cooling, dehydration, and British thermal unit (BTU) management. Furthermore, its operations extend to managing coal and other natural resource properties, selling standing timber, leasing coal-related infrastructure, collecting oil and gas royalties, and generating electrical power. Established in 1996 and headquartered in Dallas, Texas, the company officially adopted its current name, Energy Transfer LP, in October 2018, having previously been known as Energy Transfer Equity, L.P.

Energy Transfer LP is headquartered in US.

Energy Transfer LP (ET) stock trades at $20.18 with a market capitalization of $69.44B. The stock is valued at a price-to-earnings (P/E) ratio of 15.06, price-to-book of 2.01, price-to-sales of 0.78. Over the past 52 weeks the stock has ranged between $16.18 and $20.70, and currently trades 2.5% below its 52-week high.

On profitability, Energy Transfer LP generates a return on equity (ROE) of 13.97%, above the typical market average, return on capital employed of 7.73%, an operating margin of 11.11%, a net profit margin of 5.41%.

In its most recent fiscal year, Energy Transfer LP reported annual revenue of $82.6B, net profit of $4.9B, revenue has compounded at 16.2% a year over the last five years.

The balance sheet shows a debt-to-equity ratio of 2.06 — a leveraged balance sheet worth monitoring, a current ratio of 1.17, total assets of $141.7B, $1.3B in cash and equivalents.

ET has an average daily trading volume of 11,589,468 shares, a beta of 0.55 (less volatile than the overall market).

Official website: energytransfer.com