Energy Transfer LP (NYSE:ET – Get Free Report) Director Kelcy Warren acquired 352,032 shares of the stock in a transaction on Tuesday, August 18th. The stock was bought at an average price of $21.27 per share, with a total value of $7,487,720.64. Following the transaction, the director directly owned 147,253,911 shares in the company, valued at approximately $3,132,090,686.97. This represents a 0.24% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Energy Transfer Price Performance
Shares of ET stock opened at $21.18 on Friday. Energy Transfer LP has a 1 year low of $16.18 and a 1 year high of $21.64. The company has a current ratio of 1.16, a quick ratio of 0.94 and a debt-to-equity ratio of 1.45. The firm’s 50 day moving average is $19.93 and its 200-day moving average is $19.41. The firm has a market capitalization of $72.93 billion, a price-to-earnings ratio of 14.41, a PEG ratio of 0.75 and a beta of 0.55.
Energy Transfer (NYSE:ET – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The pipeline company reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.21. Energy Transfer had a net margin of 4.87% and a return on equity of 11.55%. The business had revenue of $34.33 billion during the quarter, compared to analyst estimates of $27.71 billion. During the same quarter last year, the business posted $0.32 earnings per share. Energy Transfer’s revenue for the quarter was up 78.4% compared to the same quarter last year. Sell-side analysts forecast that Energy Transfer LP will post 1.63 EPS for the current fiscal year.
Energy Transfer Increases Dividend
Energy Transfer News Summary
Here are the key news stories impacting Energy Transfer this week:
- Positive Sentiment: Director Kelcy L. Warren purchased a combined 1,000,000 shares of Energy Transfer on August 18 and 19 for approximately $21.3 million. The purchases increased his ownership by roughly 0.68% and bring his holdings to nearly 147.9 million shares, signaling substantial insider confidence. SEC insider ownership filing
- Positive Sentiment: A bullish investment article highlighted Energy Transfer’s 6.3% yield, 32% year-over-year growth in partner-attributable distributable cash flow, 49% first-half conventional free-cash-flow growth and distribution coverage above 2.2 times. The company also raised 2026 EBITDA guidance to $18.8 billion-$19.1 billion, supporting the outlook for income and cash-flow growth. Energy Transfer: Strong Buy With A Path To 7% Yield On Cost
- Positive Sentiment: An analyst upgrade helped propel ET to a new one-year high, reinforcing the recent bullish momentum around the midstream operator. Energy Transfer Reaches New 1-Year High After Analyst Upgrade
- Neutral Sentiment: Commentary remains broadly favorable toward Energy Transfer as a diversified, fee-based pipeline operator with more than 125,000 miles of infrastructure and a substantial contracted project backlog. However, some valuation reviews describe the shares as attractive on traditional multiples but less compelling under broader valuation checks. Energy Transfer Stock Looks Reasonable On Earnings But Stretched On Broader Checks
- Negative Sentiment: Cooler U.S. weather forecasts pressured natural-gas prices by potentially reducing electricity demand for air conditioning. While Energy Transfer’s largely fee-based model limits direct commodity exposure, weaker gas prices can still affect sentiment toward the sector and certain growth opportunities. Cooler US Weather Forecasts Weigh on Nat-Gas Prices
Analyst Upgrades and Downgrades
Several analysts have weighed in on ET shares. Wall Street Zen raised Energy Transfer from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Truist Financial raised their target price on shares of Energy Transfer from $23.00 to $25.00 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Morgan Stanley boosted their price target on shares of Energy Transfer from $23.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Tuesday. Raymond James Financial restated a “strong-buy” rating on shares of Energy Transfer in a report on Wednesday, May 6th. Finally, Zacks Research lowered shares of Energy Transfer from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Energy Transfer has a consensus rating of “Moderate Buy” and a consensus price target of $24.08.
Read Our Latest Stock Analysis on ET
Institutional Trading of Energy Transfer
A number of hedge funds have recently modified their holdings of ET. Brighton Jones LLC grew its holdings in shares of Energy Transfer by 93.4% in the 4th quarter. Brighton Jones LLC now owns 24,530 shares of the pipeline company’s stock valued at $481,000 after buying an additional 11,844 shares during the period. AQR Capital Management LLC raised its stake in Energy Transfer by 62.8% during the 1st quarter. AQR Capital Management LLC now owns 21,041 shares of the pipeline company’s stock worth $391,000 after buying an additional 8,118 shares during the period. Geode Capital Management LLC raised its stake in Energy Transfer by 6.2% during the 2nd quarter. Geode Capital Management LLC now owns 135,395 shares of the pipeline company’s stock worth $2,455,000 after buying an additional 7,901 shares during the period. Russell Investments Group Ltd. lifted its holdings in Energy Transfer by 436.5% during the second quarter. Russell Investments Group Ltd. now owns 4,179 shares of the pipeline company’s stock worth $76,000 after acquiring an additional 3,400 shares in the last quarter. Finally, Guggenheim Capital LLC lifted its holdings in Energy Transfer by 5.6% during the second quarter. Guggenheim Capital LLC now owns 50,919 shares of the pipeline company’s stock worth $923,000 after acquiring an additional 2,700 shares in the last quarter. 38.22% of the stock is currently owned by institutional investors and hedge funds.
Energy Transfer Company Profile
Energy Transfer (NYSE: ET) is a Dallas-based midstream energy company that develops and operates infrastructure for the transportation, storage and processing of hydrocarbons. The company’s operations focus on moving and storing natural gas, natural gas liquids (NGLs), crude oil and refined products through an integrated network of pipelines, terminals, storage facilities and processing plants. Energy Transfer provides core midstream services such as gathering, compression, fractionation, processing, and bulk transportation to support production and downstream supply chains.
Its asset base spans an extensive network across the United States, connecting producing regions, processing centers, petrochemical hubs and coastal and inland markets.
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