Tag: energy transfer earnings
The strong sell-off continues in Energy Transfer (ET) stock. The stock lost another 4% and closed at its three-year low of $11.16 on Wednesday.
Energy Transfer stock fell below $12 yesterday. Once again, the company's strong earnings results, released November 6, didn't boost the stock.
Energy Transfer (ET) plans to report its Q3 earnings today after the bell. ET has reported significant earnings growth in the last several quarters.
Energy Transfer (ET) plans to report its third-quarter earnings on Wednesday after the markets close. The company will likely report an EPS of $0.37.
Energy Transfer (ET) is trading close to its yearly lows, closing at $12.60 on October 23. ET has reported solid earnings growth in the last few quarters.
Energy Transfer stock has fallen for eight straight trading sessions, closing at $12.67 on October 2. It is now trading at its lowest levels of the year.
Energy Transfer stock is currently trading at a distribution yield of 9.4%, one of the highest among its peers. Its historical average yield is around 7%.