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Energy Transfer LP ET Stock Quote

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Last close prices updated as of Feb 07, 2023, 1:37 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 12.98
  • Sector Energy
  • Industry Oil & Gas Midstream
  • Investment Style Large Value
  • Day Range 12.84  –  13.07
  • Year Range 9.15  –  13.67
  • Market Cap 39.6715 Bil
  • Volume / Avg 7.0 Mil /  14.3 Mil
  • Price / Sales 0.45
  • Price / Book 1.22
  • Forward Div Yield 9.40%
  • Trailing Div Yield 9.15%

Morningstar‘s Stock Analysis ET

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Economic Moat


Capital Allocation


Energy Transfer Leans Into Natural Gas Market's Strength

Stephen Ellis Sector Strategist

Business Strategy and Outlook

| Stephen Ellis |

In the past decade, Energy Transfer has built itself into one of the largest midstream energy companies with an enviable network of natural gas infrastructure, primarily in Texas and the U.S. midcontinent region. Energy Transfer has both contributed to and benefited from the U.S. shale oil and gas boom.

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Key Statistics ET

Company Profile ET

Business Description

Energy Transfer owns a large platform of crude oil, natural gas, and natural gas liquid assets primarily in Texas and the U.S. midcontinent region. It also has gathering and processing facilities, one of the largest fractionation facilities in the U.S., and fuel distribution. Energy Transfer also owns the Lake Charles gas liquefaction facility. It combined its publicly traded limited and general partnerships in October 2018.

8111 Westchester Drive, Suite 600
Dallas, TX, 75225
Sector Energy
Industry Oil & Gas Midstream
Employees 12,558

Related Articles ET

FAQs for Energy Transfer LP Stock

Yes. ET has a forward dividend yield of 9.40%. See ET’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

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ET’s market cap is 39.67 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

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ET’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

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ET’s price/sales is 0.45.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

ET’s price/forward earnings is 7.33.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

ET’s price/book is 1.22.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See ET’s valuation ratios compared to the Market Index.

ET’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare ET’s historical performance against its industry peers and the overall market.