Latest news with #EnergyTransferLP
Yahoo
3 days ago
- Business
- Yahoo
Why Is Energy Transfer LP (ET) Up 3.8% Since Last Earnings Report?
A month has gone by since the last earnings report for Energy Transfer LP (ET). Shares have added about 3.8% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Energy Transfer LP due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. It turns out, estimates revision have trended upward during the past month. Currently, Energy Transfer LP has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with a D. However, the stock was allocated a grade of A on the value side, putting it in the top 20% for this investment strategy. Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been trending upward for the stock, and the magnitude of this revision looks promising. It comes with little surprise Energy Transfer LP has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months. Energy Transfer LP is part of the Zacks Oil and Gas - Production Pipeline - MLB industry. Over the past month, Enterprise Products Partners (EPD), a stock from the same industry, has gained 1.7%. The company reported its results for the quarter ended March 2025 more than a month ago. Enterprise Products reported revenues of $15.42 billion in the last reported quarter, representing a year-over-year change of +4.5%. EPS of $0.64 for the same period compares with $0.66 a year ago. Enterprise Products is expected to post earnings of $0.67 per share for the current quarter, representing a year-over-year change of +4.7%. Over the last 30 days, the Zacks Consensus Estimate has changed -1.9%. The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Enterprise Products. Also, the stock has a VGM Score of A. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Energy Transfer LP (ET) : Free Stock Analysis Report Enterprise Products Partners L.P. (EPD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
19-05-2025
- Business
- Yahoo
ET vs. OKE: Which Stock Should Value Investors Buy Now?
Investors interested in Oil and Gas - Production Pipeline - MLB stocks are likely familiar with Energy Transfer LP (ET) and Oneok Inc. (OKE). But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits. Energy Transfer LP and Oneok Inc. are sporting Zacks Ranks of #2 (Buy) and #3 (Hold), respectively, right now. This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that ET is likely seeing its earnings outlook improve to a greater extent. But this is only part of the picture for value investors. Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels. The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors. ET currently has a forward P/E ratio of 12.53, while OKE has a forward P/E of 16.23. We also note that ET has a PEG ratio of 0.59. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. OKE currently has a PEG ratio of 1.72. Another notable valuation metric for ET is its P/B ratio of 1.46. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, OKE has a P/B of 2.42. These metrics, and several others, help ET earn a Value grade of A, while OKE has been given a Value grade of C. ET sticks out from OKE in both our Zacks Rank and Style Scores models, so value investors will likely feel that ET is the better option right now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Energy Transfer LP (ET) : Free Stock Analysis Report ONEOK, Inc. (OKE) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
14-05-2025
- Business
- Yahoo
Jim Cramer on Energy Transfer (ET) – 'Pipes Are a Great Business – Buy ET by the Yield'
We recently published a list of . In this article, we are going to take a look at where Energy Transfer LP (NYSE:ET) stands against other stocks on Jim Cramer's radar recently. On Monday's episode of Mad Money, Jim Cramer broke down the day's market rally and argued in favor of staying invested, even in times of uncertainty. He pointed out that earnings are once again playing a significant role in driving market behavior. 'Earnings matter again, okay? That's what happened last night when the United States and China reached an agreement, however temporary, to hold off trade armageddon. The rollback of the exorbitant tariffs to much more reasonable levels caused the stock market to explode.' READ ALSO: 10 Jim Cramer Stocks with Huge Upside Potential and Jim Cramer's Thoughts on These 13 Stocks. He highlighted that the rally was not limited to companies directly tied to U.S.-China trade. He called it 'a spectacular day for the bulls.' Still, Cramer was quick to ground the excitement. He pointed out that despite the dramatic gains, the S&P 500 remains essentially flat for the year. While he welcomed the reversal, he said: 'Now don't get me wrong, I'm glad it happened, but I just spent a week in Europe, and it is stunning how much better the markets are doing over there.' He expressed hope that the rebound in U.S. stocks continues but warned investors not to ignore other global opportunities. 'If we find ourselves in trouble again, something that's still a real possibility, please don't forget that Europe's also an option,' he said. He acknowledged that European markets have been the best-performing so far this year. 'Bottom line: It's better to stay in, stay on, and let her ride than to try to pick the perfect moment to trade in and out and in and out of the stock market. By the way, that's not much of a strategy. It's more of a game of chicken where there are no winners, just losers who think they are smarter than the average bear.' For this article, we compiled a list of 13 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on May 12. We listed the stocks in ascending order of their hedge fund sentiment as of the fourth quarter of 2024, which was taken from Insider Monkey's database of over 1,000 hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Number of Hedge Fund Holders: 37 A caller asked if Cramer was still positive on Energy Transfer LP (NYSE:ET), and he replied, 'Oh yes, I am. 7.6% yield and I tell you, the pipes are a great business here, they really are.' Over the last year, Energy Transfer LP (NYSE:ET) stock went up more than 13%. Back in February, when Cramer was asked about the company, he remarked: 'Yes. ET is smart. I mean, look, you buy, this is the way you buy ET, just so you know, this is a pipeline company. You, you, you buy it by the percentage yield. So it's got a 7% yield now, you buy some, 8, you buy some, 9, you buy some. That's how you buy these stocks and I'm gonna continue to pound that that's the way to do it.' Overall, ET ranks 9th on our list of stocks on Jim Cramer's radar recently. While we acknowledge the potential of ET as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than ET but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
13-05-2025
- Business
- Yahoo
Energy Transfer Schedule K-3s for 2024 Now Available
DALLAS, May 13, 2025--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced that its 2024 Schedule K-3s reflecting items of international tax relevance are available online. Unitholders requiring this information may access their Schedule K-3 at in the investor relations section of the website. A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed information disclosed on Schedule K-3 for their specific reporting requirements. To the extent Schedule K-3 is applicable to your federal income tax return filing needs, we encourage you to review the information contained on this form and refer to the appropriate federal laws and guidance or consult with your tax advisor. Energy Transfer LP Common Unitholders To receive an electronic copy of your 2024 Schedule K-3 via email, Energy Transfer LP unitholders owning Energy Transfer LP Common Units in 2024 may also call Tax Package Support toll free at 800-617-7736. Tax Package Support is available Monday through Friday from 8:00 am to 5:00 pm Central Time. Energy Transfer LP Preferred Unitholders To receive an electronic copy of your 2024 Schedule K-3 via email, Energy Transfer unitholders owning Energy Transfer Preferred Units (ET Series A through I) in 2024 may also call Tax Package Support toll free at 833-608-3511. Tax Package Support is available Monday through Friday from 8:00 am to 5:00 pm Central Time. For more information, visit the Energy Transfer LP website at About Energy Transfer Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with more than 130,000 miles of pipeline and associated energy infrastructure. Energy Transfer's strategic network spans 44 states with assets in all of the major U.S. production basins. Energy Transfer is a publicly traded limited partnership with core operations that include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids ("NGL") and refined product transportation and terminalling assets; and NGL fractionation. Energy Transfer also owns Lake Charles LNG Company, as well as the general partner interests, the incentive distribution rights and approximately 21% of the outstanding common units of Sunoco LP (NYSE: SUN), and the general partner interests and approximately 39% of the outstanding common units of USA Compression Partners, LP (NYSE: USAC). For more information, visit the Energy Transfer LP website at View source version on Contacts Media Relations 214-840-5820media@ Investor Relations Bill Baerg, Brent Ratliff or Lyndsay Hannah214-981-0795
Business Wire
13-05-2025
- Business
- Business Wire
Energy Transfer Schedule K-3s for 2024 Now Available
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced that its 2024 Schedule K-3s reflecting items of international tax relevance are available online. Unitholders requiring this information may access their Schedule K-3 at in the investor relations section of the website. A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed information disclosed on Schedule K-3 for their specific reporting requirements. To the extent Schedule K-3 is applicable to your federal income tax return filing needs, we encourage you to review the information contained on this form and refer to the appropriate federal laws and guidance or consult with your tax advisor. Energy Transfer LP Common Unitholders To receive an electronic copy of your 2024 Schedule K-3 via email, Energy Transfer LP unitholders owning Energy Transfer LP Common Units in 2024 may also call Tax Package Support toll free at 800-617-7736. Tax Package Support is available Monday through Friday from 8:00 am to 5:00 pm Central Time. Energy Transfer LP Preferred Unitholders To receive an electronic copy of your 2024 Schedule K-3 via email, Energy Transfer unitholders owning Energy Transfer Preferred Units (ET Series A through I) in 2024 may also call Tax Package Support toll free at 833-608-3511. Tax Package Support is available Monday through Friday from 8:00 am to 5:00 pm Central Time. For more information, visit the Energy Transfer LP website at About Energy Transfer Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with more than 130,000 miles of pipeline and associated energy infrastructure. Energy Transfer's strategic network spans 44 states with assets in all of the major U.S. production basins. Energy Transfer is a publicly traded limited partnership with core operations that include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids ('NGL') and refined product transportation and terminalling assets; and NGL fractionation. Energy Transfer also owns Lake Charles LNG Company, as well as the general partner interests, the incentive distribution rights and approximately 21% of the outstanding common units of Sunoco LP (NYSE: SUN), and the general partner interests and approximately 39% of the outstanding common units of USA Compression Partners, LP (NYSE: USAC). For more information, visit the Energy Transfer LP website at
