The stock of Energy Transfer LP (NYSE:ET) last traded at $19.42, down -2.22% from the previous session.
ET stock price is now 14.30% away from the 50-day moving average and 20.96% away from the 200-day moving average. The market capitalization of the company currently stands at $68.00B.
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, while ‘Pickering Energy Partners’ rates the stock as ‘Outperform’
In other news, McIlwain Gregory G., EVP – Operations bought 20,000 shares of the company’s stock on Aug 23 ’24. The stock was bought for $313,600 at an average price of $15.68. Upon completion of the transaction, the EVP – Operations now directly owns 591,211 shares in the company, valued at $11.48 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 12 ’24, Co-CEO Long Thomas E bought 20,000 shares of the business’s stock. A total of $313,600 was incurred on buying the stock at an average price of $15.68. This leaves the insider owning 4,308,859 shares of the company worth $83.68 million. A total of 14.13% of the company’s stock is owned by insiders.
During the past 12 months, Energy Transfer LP has had a low of $13.11 and a high of $20.02. As of last week, the company has a debt-to-equity ratio of 1.70, a current ratio of 1.08, and a quick ratio of 0.88. According to the stock market information, the enterprise value for the company is $141506461696, which is based on a 14.29 price-to-earnings ratio, a 0.92 price-to-earnings-growth ratio, and a beta of 1.69. The fifty day moving average price for ET is $16.926 and a two-hundred day moving average price translates $16.0299 for the stock.
The latest earnings results from Energy Transfer LP (NYSE: ET) was released for 2024-09-30. The net profit margin was 5.49% and return on equity was 14.80% for ET. The company reported revenue of $20.77 billion for the quarter, compared to $20.74 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.16 percent.
