Energy Transfer LP provides energy-related services. The company owns and operates natural gas transportation pipeline, and natural gas storage facilities in Texas and Oklahoma; and approximately 20,090 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. In addition, the company owns and operates natural gas gathering pipelines, processing plant, and treating and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, Montana, North Dakota, Wyoming, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; and transports and supplies water to natural gas producer in Pennsylvania. Further, it owns 5,700 miles of natural gas liquid (NGL) pipeline; NGL fractionation facilities; NGL storage facilities; and other NGL storage assets and terminal. Additionally, the company provides crude oil transportation, terminalling, acquisition, and marketing activities; owns and operates approximately 14,500 miles of crude oil trunk and gathering pipelines in the Southwest, Midcontinent, and Midwest United States; and sells and distributes gasoline, middle distillate, and motor fuels and other petroleum products. It also offers natural gas compression services; carbon dioxide and hydrogen sulfide removal services; 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. Energy Transfer LP was founded in 1996 and is headquartered in Dallas, Texas.
Analyst Perspectives | With price targets ranging from $17 to $24, analysts offer diverse views on Energy Transfer's future, reflecting its complex market position |
Power Demand Surge | Explore how rising energy needs drive new project opportunities for Energy Transfer, positioning it for expansion in a evolving power landscape |
Strategic Acquisition | Delve into the WTG Midstream acquisition's potential synergies and market reactions, exploring its impact on Energy Transfer's growth trajectory |
Financial Prowess | Energy Transfer's robust performance, with $83.7B revenue and $14B EBITDA, showcases operational efficiency and market capitalization on favorable conditions |
Metrics to compare | ET | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipETPeersSector | |
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P/E Ratio | 15.1x | 13.4x | 4.8x | |
PEG Ratio | 0.54 | 0.24 | 0.00 | |
Price / Book | 2.2x | 1.8x | 1.1x | |
Price / LTM Sales | 0.8x | 1.8x | 1.1x | |
Upside (Analyst Target) | 5.7% | −1.0% | 26.1% | |
Fair Value Upside | Unlock | −9.6% | 8.1% | Unlock |