What is the future of energy transfer stock? (2024)

What is the future of energy transfer stock?

Energy Transfer stock price stood at $13.90

How high will Energy Transfer stock go?

The average price target for Energy Transfer LP is $18.25. This is based on 5 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $19.00 ,the lowest forecast is $18.00. The average price target represents 27.36% Increase from the current price of $14.33.

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.

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.

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 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%.

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.

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.

Is ET stock safe?

Energy Transfer LP - Unit is listed as:

Safe(er) Stock in category.

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%).

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 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.

What is energy transfer known for?

The definition of energy transfer is the relocation of energy from one place to another, usually in a different form. The following are examples of how energy transferring: - Energy transferred from sound to electrical. - Energy transferred from electrical to light and heat.

Why is energy transfer stock falling?

Energy Transfer's distribution history isn't nearly as good; it materially reduced its distribution during the coronavirus pandemic. It is hard to live off a distribution that has been cut, even if that cut was only temporary.

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 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).

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.

Who owns Energy Transfer stock?

Who owns Energy Transfer? Energy Transfer (NYSE: ET) is owned by 34.11% institutional shareholders, 55.28% Energy Transfer insiders, and 10.61% retail investors.

How big is energy transfer?

Energy Transfer is one of the largest and most diversified midstream energy companies in North America with more than 125,000 miles of pipelines and associated energy infrastructure in 44 states transporting the oil and gas products that make our lives possible.

What is the rank of ET stock?

ET Stock Analysis Overview

What this means: Energy Transfer LP (ET) gets an Overall Rank of 52, which is an above average rank under InvestorsObserver's stock ranking system.

Is Energy Transfer a profitable company?

Energy Transfer LP annual revenue for 2022 was $89.876B, a 33.31% increase from 2021. Energy Transfer LP annual revenue for 2021 was $67.417B, a 73.07% increase from 2020.

Who are the top investors in Energy Transfer?

Top Institutional Holders
HolderSharesDate Reported
Tortoise Capital Advisors, LLC33,719,798Sep 29, 2023
JP Morgan Chase & Company32,429,280Sep 29, 2023
Natixis29,153,416Sep 29, 2023
Mirae Asset Global Investments Co., Ltd.25,621,485Dec 30, 2023
6 more rows

Is Energy Transfer profitable?

Energy Transfer LP annual net income for 2022 was $4.33B, a 16.39% decline from 2021. Energy Transfer LP annual net income for 2021 was $5.179B, a 900.46% decline from 2020.

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