Is et stock at its near-term support?
Our price action analysis suggests that ET stock could be at its near-term support. However, we have not yet seen any bear trap price action signal to indicate a bottoming process. So buying/selling now may not be astute.
Who bought Etet stock last quarter?
ET stock was acquired by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Morgan Stanley, Goldman Sachs Group Inc., Berkley W R Corp, Invesco Ltd., Natixis, Credit Suisse AG, and Citigroup Inc..
What is energy transfer's (ET) stock symbol?
What is Energy Transfer's stock symbol? Energy Transfer trades on the New York Stock Exchange (NYSE) under the ticker symbol "ET." Who are Energy Transfer's major shareholders?
Is et Stock in a bull or bear trap?
However, that all seemed to change at the COVID bottom in March 2020, with a validated bear trap. ET stock then staged a series of higher lows, indicating a reversal of bearish momentum. However, the bull trap in May prevented another retaking of its bullish momentum.
Is ET a good stock to buy now?
Out of 6 analysts, 4 (66.67%) are recommending ET as a Strong Buy, 2 (33.33%) are recommending ET as a Buy, 0 (0%) are recommending ET as a Hold, 0 (0%) are recommending ET as a Sell, and 0 (0%) are recommending ET as a Strong Sell. What is ET's earnings growth forecast for 2022-2024?
Will ET stock go up?
Stock Price Forecast The 18 analysts offering 12-month price forecasts for Energy Transfer LP have a median target of 15.00, with a high estimate of 20.00 and a low estimate of 14.00. The median estimate represents a +28.76% increase from the last price of 11.65.
Is Energy Transfer LP a good buy?
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 target price for ET?
Stock Price TargetsHigh$20.00Median$15.00Low$14.00Average$15.44Current Price$9.83
Is energy transfer a Buy Sell or Hold?
Energy Transfer has received a consensus rating of Buy. The company's average rating score is 3.11, and is based on 8 buy ratings, no hold ratings, and no sell ratings.
Why is energy transfer stock so low?
Energy Transfer has been in a sort of limbo at least for the last two years. Management errors, COVID-19 and decreasing cash flow all contributed to ET's price malaise. But after a more than 70% drop in price over the last 7 years, I think ET's downside is limited because of better management and huge EBITDA and FCF.
Is ET a good dividend stock?
Both ET and EPD are strong dividend stocks with high dividends, safety, and favorable price appreciation potential. In particular, Both offer attractive dividend yields.
Is energy transfer a good stock to buy 2021?
But we also know from the previous comparisons of ET's 2019 to 2021 results, that ET is making great progress. The point is that ET's price is so low it could double from here (based on PE ratio) and still be selling for less than EPD. It is that comparison that makes ET such a compelling investment opportunity.
Is Energy Transfer stock undervalued?
Over the past year, its P/B ratio has been as high as 5.44, as low as 2.84, with a median of 3.62. These are just a handful of the figures considered in Energy Transfer and PBF Logistics's great Value grade. Still, they help show that the stock is likely being undervalued at the moment.
What is the ex dividend date for ET?
ET Dividend Information ET has a dividend yield of 6.92% and paid $0.68 per share in the past year. The dividend is paid every three months and the last ex-dividend date was May 6, 2022.
What does energy transfer do?
Energy Transfer is one of the largest and most diversified midstream energy companies in North America with approximately 120,000 miles of pipelines and associated energy infrastructure across 41 states transporting the oil and gas products that make our lives possible.
Should I buy or sell Energy Transfer stock right now?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Energy Transfer in the last year. There are currently 8 buy ratings and 1...
What is Energy Transfer's stock price forecast for 2022?
9 brokers have issued 1-year price targets for Energy Transfer's shares. Their ET stock forecasts range from $13.00 to $15.00. On average, they pre...
How has Energy Transfer's stock performed in 2022?
Energy Transfer's stock was trading at $8.23 at the start of the year. Since then, ET stock has increased by 41.4% and is now trading at $11.64. V...
When is Energy Transfer's next earnings date?
Energy Transfer is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022. View our earnings forecast for Energ...
How were Energy Transfer's earnings last quarter?
Energy Transfer LP (NYSE:ET) announced its earnings results on Wednesday, May, 4th. The pipeline company reported $0.37 earnings per share for the...
How often does Energy Transfer pay dividends? What is the dividend yield for Energy Transfer?
Energy Transfer declared a quarterly dividend on Tuesday, April 26th. Stockholders of record on Monday, May 9th will be given a dividend of $0.20 p...
Is Energy Transfer a good dividend stock?
Energy Transfer(NYSE:ET) pays an annual dividend of $0.80 per share and currently has a dividend yield of 6.87%. ET has a dividend yield higher tha...
When did Energy Transfer's stock split? How did Energy Transfer's stock split work?
Energy Transfer's stock split on Friday, June 13th 2014. The 2-1 split was announced on Tuesday, May 6th 2014. The newly minted shares were issued...
Who are Energy Transfer's key executives?
Energy Transfer's management team includes the following people: Mr. Marshall S. McCrea III , Co-CEO & Director of LE GP, LLC (Age 63, Pay $7.73...
UPDATE 2-Dakota Access pipeline suffers U.S. Supreme Court setback
The U.S. Supreme Court on Tuesday rejected a bid led by Dakota Access oil pipeline operator Energy Transfer LP to avoid additional environmental review of a section that runs under an artificial lake and is opposed by nearby Native American tribes, leaving the pipeline vulnerable to being shut down.
U.S. Supreme Court turns away Dakota Pipeline operator's appeal
The U.S. Supreme Court on Tuesday turned away a bid led by Dakota Access oil pipeline operator Energy Transfer LP to avoid additional environmental review of a section that runs under an artificial lake and is opposed by nearby Native American tribes.
Energy Transfer LP Files 2021 Annual Report
DALLAS, February 18, 2022--Energy Transfer LP (NYSE: ET) today announced it has filed its annual report on Form 10-K for the year ended December 31, 2021 with the Securities and Exchange Commission (SEC).
Energy Transfer joins in rush to build Permian gas pipeline
Energy Transfer LP has joined a growing list of energy companies looking to build the next pipeline to transport growing amounts of natural gas production from the Permian Basin, the largest U.S. shale field, in West Texas and eastern New Mexico to export hubs on the Gulf Coast.
Energy Transfer Reports Fourth Quarter 2021 Results
DALLAS, February 16, 2022--Energy Transfer LP (NYSE:ET) ("Energy Transfer" or the "Partnership") today reported financial results for the quarter and year ended December 31, 2021.
Bulls Say
Energy Transfer's consolidation in October 2018 reduced the company's cost of capital and helped fund its growth projects over the last few years.
Bulls Say
Energy Transfer's consolidation in October 2018 reduced the company's cost of capital and helped fund its growth projects over the last few years.
What is an X industry?
The X Industry (aka Expanded Industry) is a subset of the M (Medium Sized) Industry, which is a subset of the larger Sector category, which is used to classify all of the stocks in the Zacks Universe. The Zacks database contains over 10,000 stocks.
Does Zackstrade endorse or recommend investment strategies?
The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.
Signals & Forecast
The Energy Transfer L.P. stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.
Support, Risk & Stop-loss
On the downside, the stock finds support just below today's level from accumulated volume at $8.52 and $8.36. There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Energy Transfer L.P. finds support just below today's level at $8.52.
Is Energy Transfer L.P. stock A Buy?
Energy Transfer L.P. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Insiders are very positive buying more shares than they are selling in Energy Transfer L.P
In the last 100 trades there were 27.88 million shares bought and 1.69 million shares sold. The last trade was done 50 days ago by Washburne Ray W who bough 11.48 thousand shares. The large amount of stocks bought compared to stocks sold indicate that the insiders believe there is a potential good upside.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star. This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
Top Fintech Company
featured in The Global Fintech Index 2020 as the top Fintech company of the country.
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BULL'S EYE
Data showed 21 stocks are showing bearish trends. They included Tata Steel, Biocon, Asian Paints,
Understanding Energy Stocks
Energy sector stocks come from companies focused on the production and supply of energy products to the rest of the economy. They can also include companies providing services and equipment to energy producers. Some of the top categories for energy stocks include:
Advantages of Investing in Energy Stocks
Huge markets that are crucial for the global economy. Energy is a major sector of the economy and accounts for trillions of dollars each year. The world economy needs power, creating sustained, long-term demand for the energy sector.
Risks of Investing in Energy Stocks
Major environmental concerns. Oil, gas and coal companies are notorious for products that emit greenhouse gases, which worsen global warming. They also have other potential environmental issues, like oil spills. Not only is this an ethical concern, it also makes energy companies vulnerable to costly lawsuits, which can hurt your returns.
How to Buy Energy Stocks
You can buy energy stocks in a taxable brokerage account or tax-advantaged retirement account, like an individual retirement account ( IRA ). If you don’t already have one of these accounts—or you aren’t satisfied with your current broker—check out Forbes Advisor’s list of the best online brokerages.
Wealthfront
The author (s) held no positions in the securities discussed in the post at the original time of publication.
