Energy Transfer Financials

ET Stock  USD 19.42  0.22  1.15%   
Based on the analysis of Energy Transfer's profitability, liquidity, and operating efficiency, Energy Transfer LP is doing better financially today then in previous quarter. It has a moderate risk of reporting better financial numbers in December. At this time, Energy Transfer's Other Current Assets are comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 7.6 B in 2024, whereas Other Current Liabilities is likely to drop slightly above 1.8 B in 2024. Key indicators impacting Energy Transfer's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.04870.0501
Fairly Down
Pretty Stable
Return On Assets0.03310.0346
Sufficiently Down
Pretty Stable
Operating Income8.7 B8.3 B
Sufficiently Up
Slightly volatile
Current Ratio1.181.1025
Notably Up
Pretty Stable
Investors should never underestimate Energy Transfer's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Energy Transfer's cash flow, debt, and profitability to make informed and accurate decisions about investing in Energy Transfer LP.

Cash And Equivalents

282.63 Million

  
Understanding current and past Energy Transfer Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Energy Transfer's financial statements are interrelated, with each one affecting the others. For example, an increase in Energy Transfer's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Energy Transfer's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Energy Transfer LP. Check Energy Transfer's Beneish M Score to see the likelihood of Energy Transfer's management manipulating its earnings.

Energy Transfer Stock Summary

Energy Transfer competes with Kinder Morgan, MPLX LP, Enbridge, Enterprise Products, and Plains All. 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. The company was founded in 1996 and is headquartered in Dallas, Texas. Energy Transfer operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 12558 people.
Specialization
Energy, Oil & Gas Midstream
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS29273V1008
CUSIP29273V100
LocationTexas; U.S.A
Business Address8111 Westchester Drive,
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websiteenergytransfer.com
Phone214 981 0700
CurrencyUSD - US Dollar

Energy Transfer Key Financial Ratios

Energy Transfer Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets98.9B95.1B106.0B105.6B113.7B60.0B
Other Current Liab3.4B2.6B2.9B2.8B2.8B1.8B
Net Debt51.6B51.9B49.5B48.8B53.1B29.7B
Accounts Payable4.1B2.8B6.8B7.0B6.7B7.0B
Cash419M291M367M257M161M311.2M
Net Receivables5.3B4.0B7.7B8.6B9.2B9.7B
Good Will5.2B2.4B2.5B2.6B4.0B3.7B
Inventory1.9B1.7B2.0B2.5B2.5B1.4B
Other Current Assets298M222M447M736M543M692.5M
Total Liab64.3B63.0B65.8B64.5B69.0B39.1B
Total Current Assets7.9B6.3B10.5B12.1B12.4B13.1B
Short Term Debt86M76M729M48M1.1B1.2B
Other Liab4.6B4.8B5.2B5.1B5.8B6.1B
Other Assets1.1B4.7B10.1B10.7B12.4B13.0B
Long Term Debt51.0B51.4B49.0B48.3B51.4B31.1B
Intangible Assets6.2B5.7B5.9B5.4B6.2B3.9B
Common Stock21.9B18.5B25.2B27.0B30.2B31.7B
Net Tangible Assets23.5B20.1B16.9B26.3B30.3B31.8B
Long Term Debt Total51.0B51.4B49.0B48.3B55.5B38.9B

Energy Transfer Key Income Statement Accounts

The reason investors look at the income statement is to determine what Energy Transfer's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense2.3B2.3B2.3B2.3B2.6B1.4B
Total Revenue54.2B39.0B67.4B89.9B78.6B82.5B
Gross Profit11.3B9.8B13.2B13.5B13.7B14.3B
Operating Income4.6B2.3B5.3B4.3B8.3B8.7B
Ebit4.6B5.9B8.8B8.1B8.2B8.6B
Ebitda7.8B9.5B12.6B12.3B12.6B13.2B
Cost Of Revenue42.9B29.2B54.2B76.4B64.9B68.2B
Income Before Tax5.1B377M6.9B6.1B5.6B5.9B
Net Income4.9B140M5.5B4.8B3.9B4.1B
Income Tax Expense195M237M184M204M303M318.2M
Minority Interest1.3B788M1.2B(1.1B)(1.4B)(1.3B)
Non Recurring74M2.9B21M386M443.9M867.2M
Tax Provision195M237M184M204M301M316.1M
Interest Income2.3B2.5B2.0B1.8B2.0B2.1B
Net Interest Income(2.3B)(2.3B)(2.3B)(2.3B)(2.5B)(2.6B)

Energy Transfer Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(117M)(271M)(19M)(361M)35M36.8M
Change In Cash(128M)76M(31M)(79M)(96M)(91.2M)
Free Cash Flow2.0B2.2B8.3B5.7B6.4B6.7B
Depreciation3.2B6.8B3.8B4.2B4.4B4.6B
Other Non Cash Items103M21M(87M)219M(6M)(5.7M)
Dividends Paid3.1B2.8B1.9B3.0B4.2B4.5B
Capital Expenditures6.0B5.1B2.8B3.4B3.1B4.1B
Net Income4.9B140M6.7B5.9B5.3B5.6B
End Period Cash Flow419M291M367M257M161M311.2M
Change To Netincome513M3.5B190M594M683.1M633.4M
Net Borrowings2.4B248M(6.1B)(870M)(783M)(743.9M)
Investments(425M)149M163M364M(4.3B)(4.1B)

Energy Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Energy Transfer's current stock value. Our valuation model uses many indicators to compare Energy Transfer value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Energy Transfer competition to find correlations between indicators driving Energy Transfer's intrinsic value. More Info.
Energy Transfer LP is rated below average in return on equity category among its peers. It is rated # 5 in return on asset category among its peers reporting about  0.32  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Energy Transfer LP is roughly  3.12 . At this time, Energy Transfer's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Energy Transfer by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Energy Transfer LP Systematic Risk

Energy Transfer's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Energy Transfer volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Energy Transfer LP correlated with the market. If Beta is less than 0 Energy Transfer generally moves in the opposite direction as compared to the market. If Energy Transfer Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Energy Transfer LP is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Energy Transfer is generally in the same direction as the market. If Beta > 1 Energy Transfer moves generally in the same direction as, but more than the movement of the benchmark.

Energy Transfer Thematic Clasifications

Energy Transfer LP is part of Utilities investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Utilities industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
UtilitiesView
This theme covers USA Equities from Utilities industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Energy Transfer Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Energy Transfer's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Energy Transfer growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.54)

At this time, Energy Transfer's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Energy Transfer November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Energy Transfer help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Energy Transfer LP. We use our internally-developed statistical techniques to arrive at the intrinsic value of Energy Transfer LP based on widely used predictive technical indicators. In general, we focus on analyzing Energy Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Energy Transfer's daily price indicators and compare them against related drivers.

Additional Tools for Energy Stock Analysis

When running Energy Transfer's price analysis, check to measure Energy Transfer's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Energy Transfer is operating at the current time. Most of Energy Transfer's value examination focuses on studying past and present price action to predict the probability of Energy Transfer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Transfer's price. Additionally, you may evaluate how the addition of Energy Transfer to your portfolios can decrease your overall portfolio volatility.