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Energy Transfer Equity LP Stock Research

ET

11.73USD+0.03(+0.26%)Delayedas of 27 Mar 2023, 10:44 am

Market Summary

USD11.73+0.03
Delayedas of 27 Mar 2023, 10:44 am
0.26%

ET Alerts

ET Stock Price

ET RSI Chart

ET Valuation

Market Cap

40.6B

Price/Earnings (Trailing)

8.97

Price/Sales (Trailing)

1.48

EV/EBITDA

7.81

Price/Free Cashflow

4.29

ET Price/Sales (Trailing)

ET Profitability

EBT Margin

5.67%

Return on Equity

11.7%

Return on Assets

4.5%

Free Cashflow Yield

23.3%

ET Fundamentals

ET Revenue

Revenue (TTM)

89.9B

Revenue Y/Y

9.88%

Revenue Q/Q

-10.63%

ET Earnings

Earnings (TTM)

4.8B

Earnings Y/Y

25.41%

Earnings Q/Q

14.81%

Price Action

52 Week Range

8.5713.36
(Low)(High)

Last 7 days

-4.5%

Last 30 days

-10%

Last 90 days

-2.2%

Trailing 12 Months

21.2%

ET Financial Health

Current Ratio

1.17

Debt/Equity

1.2

Debt/Cashflow

0.19

ET Investor Care

Shares Dilution (1Y)

14.13%

Peers (Alternatives to Energy Transfer Equity)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
40.6B
89.9B
-10.00% 21.15%
8.97
1.48
33.31% -13.05%
37.7B
19.2B
-3.06% -3.94%
14.81
1.97
15.59% 42.83%
35.0B
11.0B
-7.02% -11.72%
17.1
3.19
3.18% 35.07%
28.8B
17.2B
-11.33% -12.54%
20.75
2.2
82.38% 53.25%
26.6B
22.4B
-10.39% -11.62%
15.44
1.19
35.35% 14.84%
MID-CAP
8.2B
15.0B
-0.26% 27.40%
9.89
0.59
40.03% 169.05%
5.7B
2.4B
-27.42% -24.05%
29.38
2.41
79.03% 100.28%
4.7B
9.5B
-10.70% 7.84%
13.13
0.5
42.72% 1512.95%
2.3B
1.4B
-15.78% -33.15%
-8.4
1.67
3.09% 80.92%
2.1B
1.0B
5.67% 25.80%
13.5
2.07
47.87% -3.50%
SMALL-CAP
1.6B
226.0M
-8.19% 3.24%
7.28
7.17
436.62% 482.73%
646.2M
2.8B
8.38% -5.43%
-134.01
0.23
2311.20% 73.74%
582.1M
404.2M
19.84% 54.87%
15.22
1.44
-0.37% 17.85%
202.8M
369.6M
-6.53% 2.82%
-1.71
0.51
-7.74% -284.00%

Financials for Energy Transfer Equity

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue2.1%89,87688,03281,75770,91367,417
Operating Expenses9.2%4,3383,9713,8963,7033,574
  S&GA Expenses-1.8%1,0181,037874847818
EBITDA1.1%10,87910,761---
EBITDA Margin-12.3%0.13*0.15*---
EBT Margin-13.3%0.06*0.07*---
Interest Expenses1.7%2,3062,2682,2492,2372,267
Net Income5.2%4,7564,5224,1513,4515,470
Net Income Margin3.0%0.05*0.05*0.20*0.05*-
Free Cahsflow-4.2%9,0519,4528,7268,377-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-0.1%105,643105,735108,769109,192105,963
  Current Assets-0.6%12,08112,15915,43415,69910,537
    Cash Equivalents-21.2%2573263531,111336
  Inventory-1.2%2,4612,4902,2161,9812,014
  Net PPE0.1%80,31180,26179,86880,03581,607
  Goodwill0.5%2,5662,5532,5532,5332,533
  Current Liabilities-7.8%10,36811,24313,47513,71910,835
  Long Term Debt-2.5%48,65049,92049,700--
    LT Debt, Current0%2.002.002.00652680
    LT Debt, Non Current1.8%48,26047,41348,10448,82649,022
Shareholder's Equity0.2%40,65940,56840,76540,32939,345
Accumulated Depreciation3.7%25,68524,77923,85622,93222,384
Minority Interest-5.1%7,6348,045---
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-4.2%9,0519,4528,7268,37711,162
  Share Based Compensation-2.5%115118117119111
Cashflow From Investing-2.0%-4,022-3,945-3,400-3,411-2,775
Cashflow From Financing7.0%-5,108-5,494-5,255-4,210-8,418
  Buy Backs-100.0%0.0031.00---

Risks for ET

What is the probability of a big loss on ET?

79.6%


Probability that Energy Transfer Equity stock will be more than 20% underwater in next one year

38.9%


Probability that Energy Transfer Equity stock will be more than 30% underwater in next one year.

24.6%


Probability that Energy Transfer Equity stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ET drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Energy Transfer Equity was unfortunately bought at previous high price.

Drawdowns

Returns for ET

Cumulative Returns on ET

12.5%


10-Year Cumulative Returns

16.7%


7-Year Cumulative Returns

4.6%


5-Year Cumulative Returns

46.7%


3-Year Cumulative Returns

What are the long-term rolling returns for ET?

FIve years rolling returns for Energy Transfer Equity.

Annualized Returns

Which funds bought or sold ET recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
added
14.01
1,403,660
7,590,660
0.21%
2023-03-10
MATHER GROUP, LLC.
added
44.41
175,176
491,176
0.01%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-0.05
230,776
3,283,780
-%
2023-03-06
Rockefeller Capital Management L.P.
added
25.26
8,801,000
34,090,000
0.17%
2023-03-06
Aldebaran Financial Inc.
added
1.01
12,587
238,587
0.26%
2023-03-03
TIAA, FSB
unchanged
-
9,550
141,550
-%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
unchanged
-
5,253
68,253
0.04%
2023-03-01
WHITENER CAPITAL MANAGEMENT, INC.
added
15.94
51,554
256,554
0.11%
2023-03-01
SMITHBRIDGE ASSET MANAGEMENT INC/DE
new
-
226,000
226,000
0.06%
2023-02-27
CASCADE INVESTMENT GROUP, INC.
new
-
452,971
452,971
0.47%

1–10 of 49

Latest Funds Activity

Are funds buying ET calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own ET
No. of Funds

Energy Transfer Equity News

Investing.com

Why Elizabeth and Brian Believe in Their Own 15.8% Dividend.

Investing.com,
10 days ago

Seeking Alpha

4 Awesome High-Yield Stocks I'm Buying.

Seeking Alpha,
2 months ago

Schedule 13G FIlings of Energy Transfer Equity

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
blackstone holdings i/ii gp l.l.c.
5.2%
160,737,127
SC 13G/A
Feb 11, 2022
blackstone holdings i/ii gp l.l.c.
5.6%
171,553,052
SC 13G
Dec 10, 2021
centerpoint energy inc
6.5%
200,999,768
SC 13G
Feb 16, 2021
blackstone holdings i/ii gp l.l.c.
4.95%
133,615,682
SC 13G/A
Apr 29, 2020
blackstone holdings i/ii gp l.l.c.
6.9%
184,731,265
SC 13G

ET Fair Value

Recent SEC filings of Energy Transfer Equity

View All Filings
Date Filed Form Type Document
Feb 27, 2023
4
Insider Trading
Feb 23, 2023
4
Insider Trading
Feb 17, 2023
10-K
Annual Report
Feb 15, 2023
8-K
Current Report
Feb 10, 2023
4/A
Insider Trading
Feb 10, 2023
4
Insider Trading
Feb 10, 2023
4
Insider Trading
Feb 09, 2023
SC 13G/A
Major Ownership Report
Jan 25, 2023
8-K
Current Report
Jan 06, 2023
4
Insider Trading

Latest Insider Trading transactions for ET

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-23
WARREN KELCY L
bought
21,670,900
13.05
1,660,600
executive chairman
2023-02-22
WARREN KELCY L
bought
17,398,800
12.99
1,339,400
executive chairman
2023-01-04
Perry James Richard
acquired
-
-
12,691
-
2023-01-04
Grimm Michael K
acquired
-
-
12,691
-
2023-01-04
Ramsey Matthew S.
acquired
-
-
12,691
-
2023-01-04
Anderson Steven R.
acquired
-
-
12,691
-
2023-01-04
Brannon Richard D
acquired
-
-
12,691
-
2023-01-04
MCREYNOLDS JOHN W
acquired
-
-
12,691
-
2023-01-02
Brannon Richard D
acquired
-
-
2,255
-
2022-12-15
Brannon Richard D
bought
923,810
11.5476
80,000
-

1–10 of 50

Marshall S. McCrea
12600
Energy Transfer LP provides energy-related services. The company owns and operates approximately 11,600 miles of natural gas transportation pipeline, and three natural gas storage facilities in Texas and two natural gas storage facilities located in the state of Texas and Oklahoma; and 19,830 miles of interstate natural gas pipeline. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. The company owns and operates natural gas gathering and natural gas liquid (NGL) pipeline, processing plant, and treating and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; and a natural gas gathering system in Ohio, as well as transport and supplies water to natural gas producer in Pennsylvania. It owns approximately 5,215 miles of NGL pipeline; NGL and propane fractionation facilities; NGL storage facilities with working storage capacity of approximately 50 million barrels (MMBbls); and other NGL storage assets and terminal with an aggregate storage capacity of approximately 17 MMBbls. The company provides crude oil transportation, terminalling, acquisition, and marketing activities; and sells and distributes gasoline, middle distillate, and motor fuels and other petroleum product. It offers natural gas compression service; carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management service; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalty, and generate electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. The company was founded in 1996 and is headquartered in Dallas, Texas.

ET Income Statement

2022-12-31
Consolidated Statements Of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
REVENUES:   
Total revenues$ 89,876$ 67,417$ 38,954
COSTS AND EXPENSES:   
Cost of products sold72,23250,39525,487
Operating expenses4,3383,5743,218
Depreciation, depletion and amortization4,1643,8173,678
Selling, general and administrative1,018818711
Impairment losses and other386212,880
Total costs and expenses82,13858,62535,974
OPERATING INCOME7,7388,7922,980
OTHER INCOME (EXPENSE):   
Interest expense, net of interest capitalized(2,306)(2,267)(2,327)
Equity in earnings of unconsolidated affiliates257246119
Impairment of investments in unconsolidated affiliates00(129)
Losses on extinguishments of debt0(38)(75)
Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments29361(203)
Other, net907712
Income before income tax expense6,0726,871377
Income tax expense204184237
NET INCOME5,8686,687140
Less: Net income attributable to noncontrolling interests1,0611,167739
Less: Net income attributable to redeemable noncontrolling interests515049
NET INCOME (LOSS) ATTRIBUTABLE TO PARTNERS4,7565,470(648)
General Partner’s interest in net income (loss)46(1)
Preferred Unitholders’ interest in net income4222850
Limited Partners’ interest in net income$ 4,330$ 5,179$ (647)
NET INCOME (LOSS) PER COMMON UNIT:   
Basic$ 1.40$ 1.89$ (0.24)
Diluted$ 1.40$ 1.89$ (0.24)
Refined product sales   
REVENUES:   
REVENUES:$ 26,020$ 17,766$ 10,514
Crude sales   
REVENUES:   
REVENUES:23,47315,2999,442
Natural gas sales   
REVENUES:   
REVENUES:8,5359,1592,633
Gathering, transportation and other fees   
REVENUES:   
REVENUES:10,9079,2298,982
NGL sales   
REVENUES:   
REVENUES:20,11415,2436,797
Other   
REVENUES:   
REVENUES:$ 827$ 721$ 586

ET Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
ASSETS  
Cash and cash equivalents$ 257$ 336
Accounts receivable, net8,4667,654
Accounts receivable from related companies9354
Inventories2,4612,014
Income taxes receivable6832
Derivative assets1010
Other current assets726437
Total current assets12,08110,537
Property, plant and equipment105,996103,991
Accumulated depreciation and depletion(25,685)(22,384)
Property, Plant and Equipment, Net80,31181,607
Investments in unconsolidated affiliates2,8932,947
Lease right-of-use assets, net819838
Other non-current assets, net1,5581,645
Intangible assets, net5,4155,856
Goodwill2,5662,533
Total assets105,643105,963
LIABILITIES AND EQUITY  
Accounts payable6,9526,834
Accounts payable to related companies170
Derivative liabilities23203
Operating lease current liabilities4547
Accrued and other current liabilities3,3293,071
Current maturities of long-term debt2680
Total current liabilities10,36810,835
Long-term debt, less current maturities48,26049,022
Non-current derivative liabilities23193
Non-current operating lease liabilities798814
Deferred income taxes3,7013,648
Other non-current liabilities1,3411,323
Commitments and contingencies
Redeemable noncontrolling interests493783
Limited Partners:  
Preferred Unitholders (72,184,780 and 72,184,780 units authorized, issued and outstanding as of December 31, 2022 and 2021, respectively)6,0516,051
Common Unitholders (3,094,445,367 and 3,082,517,494 units authorized, issued and outstanding as of December 31, 2022 and 2021, respectively)26,96025,230
General Partner(2)(4)
Accumulated other comprehensive income1623
Total partners’ capital33,02531,300
Noncontrolling interests7,6348,045
Total equity40,65939,345
Total liabilities and equity$ 105,643$ 105,963