Is ET a good stock to buy now?
The consensus among 7 Wall Street analysts covering (NYSE: ET) stock is to Strong Buy ET stock.
Will ET go up?
Energy Transfer LP (NYSE:ET) 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 +40.32% increase from the last price of 10.69.
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 ...
Why is energy transfer dropping?
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.
Can ET maintain its dividend?
I'll admit that the ET stock dividend is attractive. And the company is likely to maintain that dividend at least for the rest of 2020. But looking beyond this year, Energy Transfer has to make good on plans to trim its capital budget.
Does ET pay a dividend?
ET pays a dividend of $0.68 per share. ET's annual dividend yield is 6%. ENERGY TRANSFER's dividend is lower than the US industry average of 6.22%, and it is higher than the US market average of 3.46%.
How much debt does ET have?
Energy Transfer LP long term debt for 2020 was $51.417B, a 0.76% increase from 2019.
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.
What pipelines 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 ...
What is energy transfer?
energy transfer The conversion of one form of energy into another, or the movement of energy from one place to another.
What is it called when energy changes form?
A change from one form of energy to another is called an energy transformation.