Stock FAQs

why is et stock dropping

by Mr. Brooks Bruen Published 3 years ago Updated 2 years ago
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What is energy transfer's (ET) stock symbol?

Apr 15, 2022 · Energy Transfer's stock was trading at $7.05 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ET stock has increased by 64.0% and is now trading at $11.56. View which stocks have been most impacted by COVID-19.

Does et Stock pay dividends?

Apr 13, 2022 · A high-level overview of Energy Transfer LP (ET) stock. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools.

Should you buy energy transfer (ett) stock?

Energy Transfer LP (ET) Outpaces Stock Market Gains: What You Should Know. Energy Transfer LP (ET) closed at $11.56 in the latest trading session, marking a …

Is energy transfer (ET) stock outpacing the S&P 500?

The WES 53% increase in May will add 3 to 4 cents to AMLP's Feb distribution of 71 cents. Likewise, a doubling of ET's distribution over 5 quarters will …

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Is ET a good stock to buy now?

Out of 9 analysts, 5 (55.56%) are recommending ET as a Strong Buy, 4 (44.44%) 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?

What is the future of ET Stock?

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 19.00 and a low estimate of 12.00. The median estimate represents a +30.15% increase from the last price of 11.53.

What happened to Energy Transfer Partners stock?

Upon closing of the merger, ETE changed its name to Energy Transfer LP, and applied to list its common units on the NYSE under the ticker symbol “ET.” Effective with the opening of market on October 19, 2018, ETP is no longer a publicly traded company and trading of its common units, previously listed on the NYSE under ...

Is energy transfers a buy?

Energy Transfer LP - Hold 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 D.

Is energy transfer a good company?

Energy Transfer Reviews FAQs Is Energy Transfer a good company to work for? Energy Transfer has an overall rating of 3.7 out of 5, based on over 445 reviews left anonymously by employees. 68% of employees would recommend working at Energy Transfer to a friend and 66% have a positive outlook for the business.6 days ago

Does ET pay a dividend?

ET pays a dividend of $0.63 per share. ET's annual dividend yield is 5.49%.

Why is Energy Transfer stock so cheap?

The reason why ET trades at such a steep discount to peers today is because it has a poor track record, prompting investors to lose faith in the management. While ET certainly has made poor capital allocation decisions over the years, the company has also been the victim of considerable misfortune.Mar 10, 2022

Who owns Energy Transfer company?

Energy Transfer EquityEnergy Transfer Partners / Parent organization

How much debt does ET have?

Energy Transfer LP long term debt for 2020 was $51.417B, a 0.76% increase from 2019. Energy Transfer LP long term debt for 2019 was $51.028B, a 17.65% increase from 2018....Compare ET With Other Stocks.Energy Transfer LP Annual Long Term Debt (Millions of US $)2009$7,75111 more rows

Is ET a good company?

One company to watch right now is Energy Transfer LP (ET). ET is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value. The stock has a Forward P/E ratio of 6.02. This compares to its industry's average Forward P/E of 9.38.Jul 20, 2021

What is the target price for ET?

Stock Price Target ETHigh$19.00Median$15.00Low$12.00Average$14.72Current Price$11.55

What is the ex dividend date for ET?

ET Dividend HistoryEx/EFF DATETYPERECORD DATE02/06/2020CASH02/07/202011/04/2019CASH11/05/201908/05/2019CASH08/06/201905/06/2019CASH05/07/201911 more rows

Is Energy Transfer a buy right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Energy Transfer in the last year. There are currently 10 buy ratings and...

How has Energy Transfer's stock price been impacted by COVID-19?

Energy Transfer's stock was trading at $7.05 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (...

When is Energy Transfer's next earnings date?

Energy Transfer is scheduled to release its next quarterly earnings announcement on Thursday, May 5th 2022. View our earnings forecast for Energy...

How were Energy Transfer's earnings last quarter?

Energy Transfer LP (NYSE:ET) issued its quarterly earnings data on Wednesday, February, 16th. The pipeline company reported $0.29 earnings per shar...

How often does Energy Transfer pay dividends? What is the dividend yield for Energy Transfer?

Energy Transfer announced a quarterly dividend on Tuesday, January 25th. Stockholders of record on Tuesday, February 8th will be paid a dividend of...

Is Energy Transfer a good dividend stock?

Energy Transfer pays an annual dividend of $0.70 per share and currently has a dividend yield of 7.11%. ET has a dividend yield higher than 75% of...

When did Energy Transfer's stock split? How did Energy Transfer's stock split work?

Shares of Energy Transfer split before market open on Friday, June 13th 2014. The 2-1 split was announced on Tuesday, May 6th 2014. The newly minte...

What price target have analysts set for ET?

11 brokerages have issued 1 year price objectives for Energy Transfer's shares. Their forecasts range from $12.00 to $15.00. On average, they expec...

Who are Energy Transfer's key executives?

Energy Transfer's management team includes the following people: Marshall S. McCrea , President, Co-Chief Executive Officer & Director Thomas E....

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 happened

Shares of AT&T ( T 0.46% ) fell 4.4% on Tuesday after comments by one of the telecom's key executives sparked concerns of slowing growth among investors.

So what

Speaking during the Wells Fargo Technology Media and Telecom Summit, AT&T Communications CEO Jeff McElfresh indicated that the strong customer growth the company experienced over the past year was likely to decelerate.

Now what

After the market close, AT&T provided investors with an update. The company noted the "healthy" increase in its wireless service revenue and earnings before interest, taxes, depreciation, and amortization (EBITDA) in recent quarters.

What happened

Shares of online gambling stock DraftKings ( DKNG -21.62% ) fell as much as 4.7% in trading on Tuesday after getting weak reports from Wall Street. Shares are down 4.5% at 3 p.m. EDT.

So what

Two analyst reports are hurting DraftKings today. The first is from Morgan Stanley analyst Thomas Allen, who restarted coverage on the stock with an equal-weight rating and a price target of $53 per share.

Now what

The world of online sports betting and gambling is certainly growing long-term, but expectations may have gotten ahead of themselves over the last few quarters. As the pandemic's impacts slow, people move to more normal spending patterns and that means less online betting.

What Happened With Airline Stocks

Stock markets around the world are plunging today on news that a potentially more deadly variant of Covid-19 has emerged in South Africa. As the World Health Organization (WHO) convenes an emergency meeting in Geneva, Switzerland to discuss and examine the new variant, markets in Europe had their worst session in more than year.

Why It Matters

The travel and tourism sector was arguable hardest hit by the pandemic, and airline stocks were only now beginning a tentative recovery. American Airlines, the largest carrier in the world with more international flights than any other company, has been particularly hurt.

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