How high will ET stock go? (2024)

How high will ET stock go?

ET Stock 12 Months Forecast

(Video) Is Energy Transfer a Buy Now!? | ET Stock Analysis
(Global Value)
Is ET stock a good buy right now?

Energy Transfer LP is currently a Zacks Rank #1 (Strong Buy). Digging into valuation, Energy Transfer LP currently has a Forward P/E ratio of 11.75. This represents a discount compared to its industry's average Forward P/E of 12.23.

(Video) Expert Analysis on Energy Transfer's Stock --- $ET
(Scott's Stock Due Diligence)
Where will energy transfer stock be in 5 years?

Energy Transfer stock price stood at $14.33

According to the latest long-term forecast, Energy Transfer price will hit $15 by the end of 2024 and then $17 by the middle of 2026. Energy Transfer will rise to $20 within the year of 2027, $25 in 2029 and $30 in 2033.

(Video) Two-minute drill: ET
(CNBC Television)
What is the future of energy transfer?

Energy Transfer LP (NYSE:ET)

The 17 analysts offering 12-month price forecasts for Energy Transfer LP have a median target of 18.00, with a high estimate of 23.00 and a low estimate of 14.00. The median estimate represents a +23.92% increase from the last price of 14.53.

(Video) Is Energy Transfer stock a buy? ET Stock Analysis. 9.98% high yield
(Dividend Income)
Is it good to invest in Energy Transfer?

Valuation metrics show that Energy Transfer LP may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of ET, demonstrate its potential to outperform the market. It currently has a Growth Score of B.

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(Dividend Bull)
Is ET a good long term stock?

(NYSE: ET) Energy Transfer's forecast annual revenue growth rate of 22.45% is forecast to beat the US Oil & Gas Midstream industry's average forecast revenue growth rate of 9.23%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 45.42%.

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(Dividend Talks)
Who owns the most ET stock?

According to the latest TipRanks data, approximately 71.56% of Energy Transfer LP (ET) stock is held by retail investors. Kelcy Warren owns the most shares of Energy Transfer LP (ET).

(Video) Is Energy Transfer (ET) stock a buy? 🚀 MASSIVE $7.1 billion pipeline deal | ET stock review
(Money Morning)
What do analysts say about ET stock?

Based on analysts offering 12 month price targets for ET in the last 3 months. The average price target is $18.25 with a high estimate of $19 and a low estimate of $18.

(Video) Is Energy Transfer Stock a Buy Now!? | Energy Transfer (ET) Stock Analysis! |
(Global Value)
What is the target price for ET stock?

Stock Price Target ET
High$23.00
Median$18.00
Low$14.00
Average$18.05
Current Price$14.31

(Video) 9.5% Yield And 40% UPSIDE! | Time To Buy Energy Transfer?! | ET Stock Analysis! |
(Dividend Talks)
Why is energy transfer stock dropping?

For the first three quarters of 2023, Energy Transfer's revenue dropped by more than $11 billion or 16% compared to the same period last year. While this drop is undoubtedly related to the volatility of the energy markets, Energy Transfer's cost of goods sold dropped commensurate with the drop in revenue.

(Video) Energy Transfer #ET Stock Analysis | BUY, SELL, or HOLD?!
(GrowthShares)

Is energy transfer overvalued?

Compared to the current market price of 14.33 USD, Energy Transfer LP is Undervalued by 47%.

(Video) Insiders Buying Energy Transfer | Will ET stock go up?!?!?
(Frank Finance)
Is energy transfer a big company?

RANKED 43 ON FORTUNE 500. We're proud to be one of the top 50 largest corporations in the United States.

How high will ET stock go? (2024)
What happened to energy transfer?

On November 3, 2023, Energy Transfer completed its merger with Crestwood Equity Partners LP which extends its position in the value chain deeper into the Williston and Delaware basins, and entry into the Powder River basin.

Is et stock safe?

Energy Transfer LP - Unit is listed as:

Safe(er) Stock in category.

How safe is Energy Transfer stock?

Energy Transfer LP currently has an average brokerage recommendation (ABR) of 1.25, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 12 brokerage firms. An ABR of 1.25 approximates between Strong Buy and Buy.

Why is ET stock so low?

High debt load

Probably the biggest issue impacting Energy Transfer is its debt load. The company had a massive debt of more than $51 billion at the end of the second quarter. Energy Transfer's debt has grown substantially over the years, thanks to its aggressive growth strategy.

Is ET a good dividend stock?

Notable Dividend: ET's dividend (8.72%) is higher than the bottom 25% of dividend payers in the US market (1.51%).

Why invest in ET Money?

Simplified data for amplified returns

You win at investing when you make sense of complex data. ET Money presents you all the useful data in the most simplified manner that helps you separate the investing signals from the noise.

Has ET stock ever split?

Stock split history for Energy Transfer Partners (ET)

Energy Transfer Partners stock (symbol: ET) underwent a total of 2 stock splits. The most recent stock split occured on July 27th, 2015.

How often does ET pay dividends?

Energy Transfer LP Dividend Information

Energy Transfer LP has an annual dividend of $1.26 per share, with a forward yield of 9.02%. The dividend is paid every three months and the last ex-dividend date was Feb 6, 2024.

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What is ET stock dividend payout 2023?

ET Dividend History
Ex/EFF DateTypeCash Amount
08/11/2023Cash$0.31
05/05/2023Cash$0.3075
02/06/2023Cash$0.305
11/03/2022Cash$0.265
68 more rows

What is the most successful stock predictor?

AltIndex – We found that AltIndex is the most accurate stock predictor for 2024. Unlike other providers in this space, AltIndex relies on alternative data points, such as social media sentiment and website analytics. It also uses artificial intelligence to convert its findings into risk-averse stock picks.

What is ET stock dividend growth rate?

ET Dividend Growth Grade
TypeGradeET
Dividend Growth Rate 3Y (CAGR)view ratings4.98%
Dividend Growth Rate 5Y (CAGR)view ratings0.24%
Dividend Growth Rate 10Y (CAGR)view ratings6.60%
Revenue Growth (FWD)view ratings8.15%
11 more rows

What does energy transfer do?

Energy Transfer owns and operates a diverse portfolio of energy assets, making it one of the country's largest and most diversified midstream service providers, and allowing it to deliver “best in class” logistics and transportation platforms for natural gas, natural gas liquids, crude oil and refined products.

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