Tag: Energy Transfer

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 (ET) has been under pressure due to a weak earnings season from MLPs, but its fundamentals are stronger than ever.

Energy Transfer (ET) reported its third-quarter earnings on Wednesday after markets closed. The company reported an adjusted EBITDA of $2.79 billion.

Energy Transfer (ET) plans to report its Q3 earnings today after the bell. ET has reported significant earnings growth in the last several quarters.

Despite stable earnings and dividend growth, MLP stocks are depressed. We look at the top midstream energy stocks’ performance in the past 12 months.

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.

Midstream giant Energy Transfer (ET) stock has been substantially weak recently. It lost another 2.7% and closed at $12.37 on October 8.

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%.