ET: Energy Transfer LP
About
Energy Transfer LP engages in natural gas pipeline transportation and transmission services. It operates through the following segments: Intrastate Transportation and Storage, Interstate Transportation and Storage, Midstream, NGL and Refined Products Transportation and Services, Crude Oil Transportation and Services, Investment in Sunoco LP, Investment in USAC, and All Other. The Intrastate Transportation and Storage segment owns and operates natural gas transportation pipelines. The Interstate Transportation and Storage segment includes transportation pipelines, storage facilities, and gathering systems and delivery of natural gas to industrial end-users and other pipelines. The Midstream segment consists of natural gas gathering, compression, treating, processing, storage, and transportation. The NGL and Refined Products Transportation segment engages in the operations transport, store and execute acquisition, and marketing activities utilizing a complementary network of pipelines, storage and blending facilities, and strategic off-take locations that provide access to multiple NGL markets. The Crude Oil Transportation and Services segment provides transportation, terminalling, acquisition, and marketing services to crude oil markets. The Investment in Sunoco LP segment refers to the distribution of motor fuels to independent dealers, distributors, and other commercial customers and the distribution of motor fuels to end-user customers at retail sites. The Investment in USAC segment offers compression services to its customers in connection with infrastructure applications including both allowing for the processing and transportation of natural gas through the domestic pipeline system and enhancing crude oil production through artificial lift processes. The company was founded by Kelcy L. Warren in 1996 and is headquartered in Dallas, TX.
Current Value
$19.171 Year Return
Current Value
$19.171 Year Return
Key Details
Market Cap
$64.16B
P/E Ratio
13.79
1Y Stock Return
41.43%
1Y Revenue Growth
6.50%
Dividend Yield
8.95%
Price to Book
2.0
Strategies that include ET
Stock's related to ET
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| EPD | 74.74% | $69.77B | +23.76% | 6.45% |
| PAA | 66.05% | $12.41B | +20.92% | 7.15% |
| PAGP | 63.73% | $3.77B | +26.86% | 0.00% |
| MPLX | 63.12% | $48.65B | +33.53% | 7.33% |
| KMI | 60.66% | $59.74B | +56.16% | 4.24% |
| HESM | 59.38% | $3.74B | +18.76% | 7.32% |
| WMB | 59.20% | $66.50B | +58.53% | 2.60% |
| AM | 59.18% | $7.23B | +19.40% | 5.97% |
| DTM | 58.82% | $9.90B | +81.30% | 2.93% |
| TRGP | 58.45% | $40.42B | +119.49% | 1.47% |
| OKE | 58.42% | $60.96B | +57.95% | 3.77% |
| CTRA | 54.47% | $18.27B | +1.60% | 3.37% |
| ENLC | 54.36% | $6.71B | +21.84% | 3.59% |
| KNTK | 54.18% | $3.31B | +67.62% | 5.44% |
| EMO | 53.32% | - | - | 6.45% |
| AROC | 53.02% | $4.50B | +74.41% | 2.58% |
| OVV | 52.46% | $10.76B | +1.27% | 2.89% |
| MGY | 51.33% | $5.03B | +24.94% | 2.02% |
| CVX | 51.32% | $282.14B | +10.18% | 4.16% |
| CIVI | 50.92% | $4.54B | -23.96% | 4.23% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| ALAR | -0.18% | $84.89M | +174.55% | 0.00% |
| NTZ | -0.26% | $52.69M | -21.58% | 0.00% |
| LITB | 0.46% | $33.93M | -72.29% | 0.00% |
| LUNA | 0.80% | $61.47M | -70.71% | 0.00% |
| LUMO | 0.89% | $37.54M | +51.75% | 0.00% |
| OMCL | 1.03% | $2.18B | +29.76% | 0.00% |
| SOHU | 1.03% | $457.06M | +39.98% | 0.00% |
| ADBE | 1.04% | $240.81B | -13.67% | 0.00% |
| PRPH | -1.04% | $16.11M | -85.86% | 0.00% |
| GHG | 1.24% | $178.30M | -29.55% | 0.00% |
| FTNT | -1.26% | $74.45B | +76.47% | 0.00% |
| HUM | -1.35% | $34.42B | -40.69% | 1.25% |
| RNR | 1.45% | $13.98B | +29.28% | 0.58% |
| BCOV | 1.47% | $196.98M | +89.98% | 0.00% |
| WHLM | -1.51% | $21.04M | -7.91% | 0.00% |
| LI | 1.55% | $18.65B | -33.87% | 0.00% |
| DAO | -1.65% | $232.04M | +80.78% | 0.00% |
| CFLT | -1.68% | $10.26B | +39.58% | 0.00% |
| CSTE | 1.71% | $171.66M | +18.05% | 0.00% |
| CATX | -1.74% | $246.69M | +55.32% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| PRPO | -14.93% | $8.76M | -5.79% | 0.00% |
| QTTB | -14.15% | $297.33M | +153.53% | 0.00% |
| MCK | -14.01% | $74.13B | +26.36% | 0.46% |
| CYCN | -12.28% | $11.30M | +58.56% | 0.00% |
| GPCR | -10.73% | $1.99B | -38.81% | 0.00% |
| MNOV | -10.11% | $110.84M | +37.80% | 0.00% |
| CBOE | -9.35% | $21.25B | +13.78% | 1.16% |
| IRWD | -9.31% | $595.30M | -63.64% | 0.00% |
| MNST | -9.15% | $51.55B | -5.00% | 0.00% |
| CTMX | -8.98% | $94.69M | -14.18% | 0.00% |
| URGN | -7.38% | $508.08M | -20.00% | 0.00% |
| QNRX | -7.34% | $3.69M | -84.28% | 0.00% |
| BTCT | -6.66% | $39.13M | +169.13% | 0.00% |
| GRAL | -6.42% | $688.98M | +20.62% | 0.00% |
| RELY | -5.59% | $4.15B | +7.49% | 0.00% |
| QXO | -5.29% | $6.67B | -74.26% | 0.00% |
| GRFS | -5.24% | $1.85B | -28.99% | 0.00% |
| LPTX | -4.96% | $121.08M | +6.76% | 0.00% |
| FATBB | -4.90% | $78.36M | -13.14% | 12.28% |
| HUSA | -4.84% | $16.88M | -24.12% | 0.00% |
ETF's related to ET
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| AMLP | 78.95% | $9.73B | 0.85% |
| MLPA | 75.09% | $1.68B | 0.45% |
| MLPX | 73.65% | $2.27B | 0.45% |
| TPYP | 72.93% | $653.35M | 0.4% |
| EMLP | 69.22% | $3.00B | 0.96% |
| IGE | 61.55% | $622.13M | 0.41% |
| RSPG | 61.03% | $520.40M | 0.4% |
| FXN | 59.94% | $400.78M | 0.62% |
| FCG | 59.28% | $409.69M | 0.6% |
| FTXN | 59.27% | $163.09M | 0.6% |
| PWV | 58.76% | $1.01B | 0.53% |
| XOP | 57.86% | $2.38B | 0.35% |
| FENY | 57.66% | $1.55B | 0.084% |
| VDE | 57.40% | $7.93B | 0.1% |
| PXE | 57.04% | $107.41M | 0.63% |
| IYE | 56.82% | $1.29B | 0.39% |
| XLE | 56.22% | $35.69B | 0.09% |
| IEO | 56.16% | $601.47M | 0.4% |
| TPHD | 55.42% | $248.18M | 0.52% |
| IXC | 55.09% | $2.12B | 0.41% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| AGGH | -0.01% | $257.13M | 0.29% |
| FLGV | 0.08% | $858.53M | 0.09% |
| SHYD | 0.12% | $312.75M | 0.35% |
| UTEN | -0.17% | $147.10M | 0.15% |
| VGIT | -0.18% | $31.05B | 0.04% |
| SCHR | -0.20% | $10.01B | 0.03% |
| VGSH | 0.24% | $19.82B | 0.04% |
| SPTS | 0.37% | $5.57B | 0.03% |
| TYA | -0.40% | $128.47M | 0.15% |
| BOXX | 0.51% | $4.47B | 0.1949% |
| TOTL | 0.54% | $3.45B | 0.55% |
| IEI | -0.54% | $14.88B | 0.15% |
| IVOL | 0.58% | $492.77M | 1.02% |
| YEAR | -0.58% | $1.16B | 0.25% |
| FTSM | 0.58% | $6.01B | 0.45% |
| IBTL | 0.66% | $248.95M | 0.07% |
| SPTI | -0.69% | $6.78B | 0.03% |
| UTWO | -0.74% | $440.42M | 0.15% |
| GOVT | -0.79% | $29.76B | 0.05% |
| OWNS | 0.79% | $128.01M | 0.3% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| VIXY | -35.21% | $195.31M | 0.85% |
| TAIL | -34.10% | $66.62M | 0.59% |
| ULST | -17.19% | $536.61M | 0.2% |
| USDU | -13.41% | $211.42M | 0.5% |
| UUP | -11.62% | $386.70M | 0.77% |
| CLOI | -11.46% | $789.22M | 0.4% |
| ZROZ | -11.35% | $1.73B | 0.15% |
| XHLF | -10.76% | $903.51M | 0.03% |
| TLT | -10.03% | $55.73B | 0.15% |
| HIGH | -9.04% | $298.61M | 0.52% |
| GOVZ | -8.12% | $325.54M | 0.1% |
| CORN | -8.08% | $61.94M | 0.2% |
| DFNM | -7.99% | $1.43B | 0.17% |
| EDV | -7.39% | $3.90B | 0.06% |
| WEAT | -7.02% | $123.72M | 0.28% |
| XONE | -3.93% | $549.31M | 0.03% |
| IBTE | -3.69% | $1.55B | 0.07% |
| SCHQ | -3.13% | $787.07M | 0.03% |
| VGLT | -2.80% | $10.47B | 0.04% |
| LGOV | -2.62% | $616.31M | 0.67% |
News
SeekingAlpha
Energy Transfer is in both a slower uptrend and an accelerated uptrend. Click here for a technical analysis of ET stock.
SeekingAlpha
Read here for an analysis of David Tepper's latest investment moves: new stakes, disposals, stake increases, top holdings.
Yahoo
WMB files a lawsuit against ET to address the setbacks it suffered in its pipeline project due to alleged obstruction.
Yahoo
If you have honed in on Energy Transfer (NYSE: ET) and its 6.7% distribution yield, you might want to instead consider Enterprise Products Partners (NYSE: EPD) and its slightly lower 6.4% yield. There are two specific examples that should lead income investors to avoid Energy Transfer.
SeekingAlpha
The energy infrastructure space has seen significant M&A activity in 2024. Many of the transactions have been concentrated in the Permian basin or focused on natural gas assets.
SeekingAlpha
APA Corp. is an $8.2 billion market cap US and international oil & gas producer with a 4.5% dividend yield. Read why I downgrade APA stock from buy to hold.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.