Is ET a good long term stock? (2024)

Is ET a good long term stock?

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 C.

Is it a good time to buy ET stock?

The average price target represents 28.84% Increase from the current price of $14.165. Energy Transfer LP's analyst rating consensus is a Strong Buy. This is based on the ratings of 5 Wall Streets Analysts.

Where will Energy Transfer stock be in 5 years?

Energy Transfer stock price stood at $13.97

According to the latest long-term forecast, Energy Transfer price will hit $15 by the end of 2025 and then $17 by the middle of 2027. Energy Transfer will rise to $20 within the year of 2028, $25 in 2030 and $30 in 2034.

Is Energy Transfer stock undervalued?

Is ET stock undervalued or overvalued? Compared to the current market price of 14.29 USD, Energy Transfer LP is Undervalued by 48%.

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).

How high will ET stock go?

Stock Price Targets
High$23.00
Median$18.00
Low$14.00
Average$18.05
Current Price$14.00

Is ET stock safe?

Energy Transfer LP - Unit is listed as:

Safe(er) Stock in category.

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$13.97

What is the energy transfer price prediction for 2025?

Future price of the stock is predicted at 22.189745518604$ (58.895% ) after a year according to our prediction system. This means that if you invested $100 now, your current investment may be worth 158.895$ on 2025 February 06, Thursday.

How often does energy transfer pay dividends?

Energy Transfer LP Dividend Information

Energy Transfer LP has an annual dividend of $1.26 per share, with a forward yield of 8.81%. The dividend is paid every three months and the next ex-dividend date is Feb 6, 2024.

Is Energy Transfer a good dividend stock?

Current dividend yield vs market & industry

Notable Dividend: ET's dividend (8.97%) is higher than the bottom 25% of dividend payers in the US market (1.51%).

Is ET a growth stock?

Overall, Energy Transfer LP stock has a Growth Grade of A, Momentum Grade of C Earnings Estimate Revisions Grade of C.

Is Energy Transfer a good company?

Energy Transfer has an overall rating of 3.7 out of 5, based on over 599 reviews left anonymously by employees. 76% of employees would recommend working at Energy Transfer to a friend and 81% have a positive outlook for the business. This rating has been stable over the past 12 months.

Will ET pay dividends?

Energy Transfer LP (NYSE:ET) recently announced a dividend of $0.32 per share, payable on 2024-02-20, with the ex-dividend date set for 2024-02-06. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates.

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.

Is ET a monthly dividend stock?

Regular payouts for ET are paid quarterly.

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.

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.

Why is ET stock risky?

Since the actual investment returns on holding a position in energy stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Energy Transfer.

How much of Sunoco does ET own?

Energy Transfer owns controlling interests in Sunoco LP, 100% of Sunoco Logistics Partners Operations L.P., the general partner of USA Compression Partners L.P., 100% of Lake Charles LNG, which owns an LNG import terminal and regasification facility near Lake Charles, Louisiana, 9,400 miles (15,100 km) of natural gas ...

Will energy transfer be bought out?

Energy Transfer recently completed its merger with Crestwood Equity Partners. The deal created an even larger midstream giant.

What is the price target for $ET?

Stock Price Target ET
High$23.00
Median$18.00
Low$14.00
Average$18.05
Current Price$13.97

What is the projection for Eastern Bank stock?

The average price target is $16.50 with a high forecast of $17.00 and a low forecast of $16.00. The average price target represents a 18.88% change from the last price of $13.88.

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 rating of energy transfer?

Fitch Upgrades Energy Transfer to 'BBB'; Outlook Stable. Fitch Ratings - New York - 07 Feb 2024: Fitch Ratings has upgraded Energy Transfer LP's (ET) Long-Term (LT) Issuer Default Rating (IDR) to 'BBB' from 'BBB-' and senior unsecured rating to 'BBB' from 'BBB-'.

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