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?
Similarly, What is the target price for ET stock?
Stock Price Targets
| High | $19.00 |
|---|---|
| Median | $15.00 |
| Low | $12.00 |
| Average | $14.63 |
| Current Price | $11.52 |
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.
Thereof, Is ET a buy Zacks?
The Zacks database contains over 10,000 stocks . All of those stocks are classified into three groups: Sector, M Industry and X Industry.
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Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
Is ET stock a long term investment?
Going forward, we expect Energy Transfer to generate massive shareholder rewards making it a great long-term investment.
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.
Will et raise its dividend?
Thanks to its strong free cash generation, a full restoration of the dividend seems likely, either in 2022 or 2023. At current prices, that would make for a ~12% dividend yield.
Is energy transfer a buy right now?
Energy Transfer has received a consensus rating of Buy. The company’s average rating score is 3.09, and is based on 10 buy ratings, no hold ratings, and no sell ratings.
Is energy transfer a sell?
Energy Transfer is a buy for those investors with some risk tolerance and patience. If you found this article to be of value, please scroll up and click the « Follow » button next to my name.
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.
Does ET pay a dividend?
ET pays a dividend of $0.63 per share. ET’s annual dividend yield is 5.49%. ENERGY TRANSFER’s dividend is higher than the US industry average of 5.46%, and it is higher than the US market average of 4.13%.
Is EPD a buy or sell?
The Historical Cash Flow Growth is the longer-term (3-5 year annualized) growth rate of the cash flow change. Once again, cash flow is net income plus depreciation and other non-cash charges .
…
Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
What is wrong with energy transfer stock?
Probably the biggest issue impacting Energy Transfer is its debt load. The company had a massive debt of more than $51 billion at the end of the second quarter. Energy Transfer’s debt has grown substantially over the years, thanks to its aggressive growth strategy.
What is ET dividend payout?
PAYMENT DATE. 02/07/2022. CASH. $0.175.
What months does ET pay dividends?
For Distribution History information, please see our Distribution History. Energy Transfer, L.P. (ET) distributions are typically paid approximately 50 days after the end of each quarter. Quarterly distributions are estimated to be on or about February 19, May 19, August 19 and November 19.
What is wrong with Energy Transfer stock?
Probably the biggest issue impacting Energy Transfer is its debt load. The company had a massive debt of more than $51 billion at the end of the second quarter. Energy Transfer’s debt has grown substantially over the years, thanks to its aggressive growth strategy.
Will Energy Transfer survive?
Summary. Energy Transfer has reduced its debt levels successfully in 2021 and will do the same in 2022 and beyond.
What kind of company is ET?
Energy Transfer LP is a company engaged in natural gas and propane pipeline transport .
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Energy Transfer Partners.
| Type | Delaware-domiciled master limited partnership |
|---|---|
| Traded as | NYSE: ET |
| Industry | Petroleum industry |
| Founded | 1995 |
| Founder | Kelcy Warren Ray Davis |
Is ET stock a limited partnership?
ET is a publicly traded master limited partnership. Unitholders are limited partners in the Partnership and receive cash distributions.
Does Energy Transfer pay a dividend?
ET pays a dividend of $0.63 per share. ET’s annual dividend yield is 5.49%. ENERGY TRANSFER’s dividend is higher than the US industry average of 5.46%, and it is higher than the US market average of 4.13%.
Does Energy Transfer give bonuses?
What is the Bonus Pay by Department at ENERGY TRANSFER PARTNERS? The departments at ENERGY TRANSFER PARTNERS that have the highest annual bonuses are Sales, with an average bonus of $48,454, Communications with an average bonus of $47,297, and Business Development with an average bonus of $37,358.
How many employees work for energy transfer?
Energy Transfer Partners
| Type | Delaware-domiciled master limited partnership |
|---|---|
| Total equity | $31.388 billion (2020) |
| Number of employees | 11,421 (2020) |
| Subsidiaries | Sunoco Lake Charles LNG |
| Website | www.energytransfer.com |
Can you get rich from dividend stocks?
Investing in the best dividend stocks can make you, your kids, and/or your grandchildren wealthy over time. Investing just modest sums of money over time in dividend stocks, and reinvesting those dividends, can make many investors rich, or at least financially comfortable.
What is the ex-dividend date for ET?
Energy Transfer L.P. (ET) Ex-Dividend Date Scheduled for November 04, 2021. Energy Transfer L.P. (ET) will begin trading ex-dividend on November 04, 2021. A cash dividend payment of $0.153 per share is scheduled to be paid on November 19, 2021.
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