Is Energy Transfer a safe stock to buy? (2024)

Is Energy Transfer a safe stock to buy?

Energy Transfer LP's analyst rating consensus is a Strong Buy. This is based on the ratings of 9 Wall Streets Analysts.

Is Energy Transfer a good stock to own?

Energy Transfer (ET 1.97%) offers a monster dividend yield. The master limited partnership's (MLP) payout is over 8% these days. That puts it several times higher than the average dividend stock (the S&P 500's dividend yield is around 1.4%). Further, the pipeline company expects to grow its payout by 3% to 5% per year.

Is Energy Transfer a safe investment?

Energy Transfer has a reliable, monopoly-like business model that produces consistent free cash flow. This free cash flow will support the current dividend, with growth likely over the coming years. There is one major long-term headwind, however, that should keep a lid on investor returns.

What is the future price of Energy Transfer stock?

Stock Price Forecast

The 7 analysts with 12-month price forecasts for Energy Transfer LP stock have an average target of 17.57, with a low estimate of 14 and a high estimate of 22. The average target predicts an increase of 11.41% from the current stock price of 15.77.

Is Energy Transfer undervalued?

Over the past year, ET's P/CF has been as high as 6.58 and as low as 4.27, with a median of 5.45. These figures are just a handful of the metrics value investors tend to look at, but they help show that Energy Transfer is likely being undervalued right now.

Where will Energy Transfer stock be in 5 years?

Energy Transfer stock price stood at $15.77

According to the latest long-term forecast, Energy Transfer price will hit $17 by the middle of 2024 and then $20 by the end of 2025. Energy Transfer will rise to $25 within the year of 2027, $30 in 2029, $35 in 2032 and $40 in 2035.

Who owns the most shares of Energy Transfer?

Is Energy Transfer a good long term stock?

ET Stock Forecast FAQ

Based on analyst ratings, Energy Transfer LP's 12-month average price target is $18.25. What is ET's upside potential, based on the analysts' average price target? Energy Transfer LP has 15.65% upside potential, based on the analysts' average price target.

Is Energy Transfer a good dividend stock?

Energy Transfer (NYSE: ET) offers a monster dividend yield. The master limited partnership's (MLP) payout is over 8% these days. That puts it several times higher than the average dividend stock (the S&P 500's dividend yield is around 1.4%). Further, the pipeline company expects to grow its payout by 3% to 5% per year.

What are the risks of Energy Transfer stock?

Like any investment, Energy Transfer stock carries both risks and rewards. One of the key risks associated with the partnership is its exposure to the energy market. Fluctuating commodity prices and changes in industry regulations can impact the partnership's financial performance and stock price.

Is Energy Transfer a monthly dividend?

Energy Transfer LP has an annual dividend of $1.26 per share, with a forward yield of 8.05%. The dividend is paid every three months and the last ex-dividend date was Feb 6, 2024.

Who bought Energy Transfer?

Energy Transfer's merger with Crestwood Equity Partners will significantly increase this Fool's income from the MLP. Energy Transfer (ET -1.35%) recently closed its $7.1 billion all-equity merger with fellow master limited partnership (MLP) Crestwood Equity Partners.

What happened to Energy Transfer Partners stock?

Upon closing of the merger, ETE changed its name to Energy Transfer LP, and applied to list its common units on the NYSE under the ticker symbol “ET.” Effective with the opening of market on October 19, 2018, ETP is no longer a publicly traded company and trading of its common units, previously listed on the NYSE under ...

Is Energy Transfer stock a buy or sell?

ET is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock holds a P/E ratio of 10.72, while its industry has an average P/E of 12.40.

What is the Energy Transfer price prediction for 2024?

2024 guidance is initially lower than our forecast, but we expect to maintain our $17.50 fair value estimate and no-moat rating. There's little doubt that Energy Transfer is performing well.

Why is Energy Transfer so low?

Why is energy transfer inefficient? There are several reasons. One is that not all the organisms at a lower trophic level get eaten by those at a higher trophic level. Another is that some molecules in the bodies of organisms that do get eaten are not digestible by predators and are lost in the predators' feces (poop).

How often does Energy Transfer pay dividends?

Typically MLPs make distributions to their limited partners on a quarterly basis. Energy Transfer follows this standard. 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.

How long has Energy Transfer paid a dividend?

Historical dividend payout and yield for Energy Transfer LP (ET) since 2008. The current TTM dividend payout for Energy Transfer LP (ET) as of April 17, 2024 is $1.26. The current dividend yield for Energy Transfer LP as of April 17, 2024 is 8.34%.

What is the future of Energy Transfer?

Energy Transfer is evaluating several blue ammonia investment opportunities. Future projects could increase the utilization of existing infrastructure and provide new expansion opportunities. The lower carbon fuel could help grow its cash flow, giving it more money to distribute to investors.

Is Energy Transfer a good company?

Energy Transfer has an employee rating of 3.7 out of 5 stars, based on 565 company reviews on Glassdoor which indicates that most employees have a good working experience there.

Is Energy Transfer a profitable company?

Energy Transfer LP annual net income for 2023 was $3.469B, a 19.88% decline from 2022. Energy Transfer LP annual net income for 2022 was $4.33B, a 16.39% decline from 2021.

How many employees does Energy Transfer Partners have?

Additionally, Energy Transfer employs nearly 11,000 employees globally and ranked 54th on the 2022 Fortune 500 list of America's largest companies by revenue —our 16th year on the list. We own and operate one of the largest and most diversified portfolios of energy assets in the United States.

What are the safest stocks to buy long term?

What is the best dividend paying stock to buy?

Is Energy Transfer Partners dividend safe?

Key Points

Energy Transfer entered this year in its best financial shape. The MLP has the financial flexibility to grow its high-yielding distribution, business, and shareholder value. Its financial strength makes it a safe option for income-seeking investors.