Energy Transfer에 대한 매도 수량은 투자자에게 Energy Transfer의 주식 하락에 베팅하는 정도를 알려줍니다. 매도 수량 데이터는 2주마다 업데이트됩니다.

Energy Transfer (NYSE:ET) 주식, 공매도 수량 보고

Energy Transfer

Energy Transfer owns one of the largest portfolios of crude oil, natural gas, and natural gas liquid assets in the US, primarily in Texas and the US midcontinent region. Its pipeline network totals 130,000 miles. It also owns gathering and processing facilities, one of the largest fractionation facilities in the US, fuel distribution assets, and the Lake Charles gas liquefaction facility. It combined its publicly traded limited and general partnerships in October 2018.

Energy Transfer LP

ETAO INTL CO LTD by Etao International Co., Ltd.

Etao International Co Ltd

ENTERTAINMENT ARTS INC by Entertainment Arts, Inc.

Entertainment Arts Inc

Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund Common Shares of Beneficial Interest

Eaton Vance Tax-Managed Buy-Write Income Fund

EASTGATE BIOTECH CORP by Eastgate Biotech Corp.

Eastgate Biotech Corp

Ethereum Classic - United States Dollar

ENVIRONMENTAL TECTONICS by Environmental Tectonics Corp.

Environmental Tectonics Corp

GRAYSCALE ETHRM CLSSIC TR by Grayscale Ethereum Classic Trust (ETC)

ELECTRONIC TELE-COM A by Electronic Tele-Communications, Inc.

Electronic Tele-Communications Inc

EnerTeck Corp

EUTELSAT COMMUNS SA S/ADR by Eutelsat Communications

Eutelsat Communications

Ethereum Classic - TrueUSD

Ethan Allen Interiors Inc

iShares Breakthrough Environmental Solutions ETF

Eco-Tek Group Inc

ENTERRA CORPORATION by Enterra Corporation

Enterra Corp

EASTFIELD RES LTD by Eastfield Resources Ltd.

Eastfield Resources Ltd

Eaton Vance Tax-Advantaged Global Dividend Income Fund Common Shares of Beneficial Interest

Eaton Vance Tax Advgd Gbl Div Inc Fd

Grayscale Ethereum Mini Trust (ETH) Common units of fractional undivided beneficial interest

Ethereum - United States Dollar

Coop Ethereum 2x Index - United States Dollar

iShares Ethereum Trust - iShares Ethereum Trust ETF

ETHBEAR - United States Dollar

ETHBULL - United States Dollar

ProShares Trust ProShares UltraShort Ether ETF

ETHDOWN - United States Dollar

Grayscale Ethereum Trust (ETH) Common units of fractional undivided beneficial interest

Ether.fi - United States Dollar

Amplify ETF Trust Amplify Etho Climate Leadership U.S. ETF

ETHPad

Etherpay - United States Dollar

ProShares Trust ProShares Ultra Ether ETF

Ethereum - TrueUSD

Volatility Shares Trust 2x Ether ETF

ETHUP - United States Dollar

VanEck Ethereum ETF VanEck Ethereum ETF

Bitwise Ethereum ETF Common shares of beneficial interest

EthereumPoW - United States Dollar

Stader ETHx - United States Dollar

ENVIROTECHNOLOGIES INTL by EnviroTechnologies International, Inc.

Envirotechnologies International Inc

UNBOUND GROUP PLC by Unbound Group PLC

Entergy Texas Inc 5.375% Series A Preferred Stock, Cumulative, No Par Value

Entergy Texas Inc

Eaton Vance Risk-Managed Diversified Equity Income Fund Common Shares of Beneficial Interest

Eaton Vance Risk-Managed Diversified Equity Income Fund

EVOLUTION TECH RES INC by Evolution Technology Resources Inc.

Evolution Technology Resources Inc

Eaton Corp PLC

Electroneum

89bio Inc

Entest Group Inc

Eaton Vance Tax-Advantage Global Dividend Opp Common Stock

Eaton Vance Tax-advtgd Global Divid Oppo

ENTERPRISE GROUP INC by Enterprise Group, Inc.

Enterprise Group Inc

Eton Pharmaceuticals, Inc. - Common Stock

Eton Pharmaceuticals Inc

Metaverse - United States Dollar

AgriMinco Corp

T-Rex 2X Long Bitcoin Daily Target ETF T-Rex 2X Inverse Ether Daily Target ETF

Entergy Corp

ENTOURAGE HEALTH CORP by ENTOURAGE HEALTH CORP.

Entourage Health Corp

Equitrans Midstream Corp Com

ETRUSCUS RESOURCES CORP by Etruscus Resources Corp.

Etruscus Resources Corp

Etrion Corp

ELECTRA ISRAEL LTD by Electra Israel Ltd.

Electra Ltd

EARTH SCIENCE TECH INC by Earth Science Tech, Inc.

Earth Science Tech Inc

Etsy Inc

ESSITY AKTIEBOLAG ORD by Essity Aktiebolag Publ

Essity AB

T-Rex 2X Long Bitcoin Daily Target ETF T-Rex 2X Long Ether Daily Target ETF

E2Gold Inc

Eaton Vance Corporation Eaton Vance Tax-Managed Buy-Write Opportunities Fund Common Shares of Beneficial Interest

Eaton Vance Tax-Managed Buy-Write Opp

Eaton Vance Corporation Eaton Vance Tax-Managed Global Buy-Write Opportunites Fund Common Shares of Beneficial Interest

Eaton Vance Tax-mangd Glo Buy-write Oppo

E2open Parent Holdings, Inc.Class A Common Stock

E2open Parent Holdings Inc

Eaton Vance Municipal Income 2028 Term Trust Common Shares of Beneficial Interest

Eaton Vance Municipal Income 2028 Term Trust

E-THERAPEUTICS PLC ORD by E-Therapeutics PLC

e-Therapeutics PLC

Eaton Vance Tax-Managed Diversified Equity Income Fund Common Shares of Beneficial Interest,

Eaton Vance Tax-mgd Dvsf Eq Inc Fd

Energy Transfer L.P. Series I Fixed Rate Perpetual Preferred Units

Financial giants have made a conspicuous bullish move on Energy Transfer. Our analysis of options history for Energy Transfer (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ET#NYSE">ET</a>) revealed 19 unusual trades.
Delving into the details, we found 52% of traders were bullish, while 42% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $50,560, and 17 were calls, valued at $1,071,357.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $15.0 to $20.0 for Energy Transfer over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Energy Transfer's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Energy Transfer's whale trades within a strike price range from $15.0 to $20.0 in the last 30 days. 
<h3>Energy Transfer Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732212150_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ET</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$3.5</td>
<td>$3.5</td>
<td>$3.5</td>
<td>$15.00</td>
<td>$322.0K</td>
<td>39.8K</td>
<td>0</td>
</tr>
<tr>
<td>ET</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$2.0</td>
<td>$1.97</td>
<td>$1.97</td>
<td>$17.00</td>
<td>$98.5K</td>
<td>75.4K</td>
<td>1.1K</td>
</tr>
<tr>
<td>ET</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>07/18/25</td>
<td>$0.56</td>
<td>$0.47</td>
<td>$0.52</td>
<td>$20.00</td>
<td>$78.4K</td>
<td>632</td>
<td>3.6K</td>
</tr>
<tr>
<td>ET</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$0.49</td>
<td>$0.45</td>
<td>$0.49</td>
<td>$20.00</td>
<td>$71.3K</td>
<td>632</td>
<td>425</td>
</tr>
<tr>
<td>ET</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$1.0</td>
<td>$0.97</td>
<td>$1.0</td>
<td>$20.00</td>
<td>$70.6K</td>
<td>39.2K</td>
<td>2.0K</td>
</tr>
</tbody>
</table>

<h3>About Energy Transfer</h3>
Energy Transfer owns one of the largest portfolios of crude oil, natural gas, and natural gas liquid assets in the US, primarily in Texas and the US midcontinent region. Its pipeline network totals 130,000 miles. It also owns gathering and processing facilities, one of the largest fractionation facilities in the US, fuel distribution assets, and the Lake Charles gas liquefaction facility. It combined its publicly traded limited and general partnerships in October 2018.
Having examined the options trading patterns of Energy Transfer, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Present Market Standing of Energy Transfer</h3>
<ul>
<li>With a volume of 19,281,980, the price of ET is up 3.64% at $18.95. </li>
<li>RSI indicators hint that the underlying stock may be overbought.</li>
<li>Next earnings are expected to be released in 83 days.</li>
</ul>
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Energy Transfer, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Markets

Energy Transfer Unusual Options Activity

News

New ETFs

Analyst Ratings

Trading Ideas

ETFs

Select Sector SPDR-Consumer Discretionary

CNBC Halftime Report Final Trades: Zillow Group; Energy Transfer LP; Baker Hughes; SPDR Select Sector Fund - Consumer Discretionary

High-rolling investors have positioned themselves bullish on Energy Transfer (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ET#NYSE">ET</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in ET often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 15 options trades for Energy Transfer. This is not a typical pattern.
The sentiment among these major traders is split, with 73% bullish and 26% bearish. Among all the options we identified, there was one put, amounting to $26,100, and 14 calls, totaling $793,981.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $12.0 to $30.0 for Energy Transfer over the recent three months. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Energy Transfer's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Energy Transfer's whale trades within a strike price range from $12.0 to $30.0 in the last 30 days. 
<h3>Energy Transfer Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731522642_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ET</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$4.35</td>
<td>$4.1</td>
<td>$4.35</td>
<td>$13.00</td>
<td>$86.9K</td>
<td align="right">838</td>
<td>1.2K</td>
</tr>
<tr>
<td>ET</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$4.35</td>
<td>$4.1</td>
<td>$4.35</td>
<td>$13.00</td>
<td>$86.9K</td>
<td align="right">838</td>
<td>801</td>
</tr>
<tr>
<td>ET</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$4.35</td>
<td>$4.1</td>
<td>$4.35</td>
<td>$13.00</td>
<td>$86.9K</td>
<td align="right">838</td>
<td>601</td>
</tr>
<tr>
<td>ET</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$4.35</td>
<td>$4.25</td>
<td>$4.35</td>
<td>$13.00</td>
<td>$86.9K</td>
<td align="right">838</td>
<td>401</td>
</tr>
<tr>
<td>ET</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$4.35</td>
<td>$4.1</td>
<td>$4.35</td>
<td>$13.00</td>
<td>$86.9K</td>
<td align="right">838</td>
<td>815</td>
</tr>
</tbody>
</table>

<h3>About Energy Transfer</h3>
Energy Transfer owns one of the largest portfolios of crude oil, natural gas, and natural gas liquid assets in the US, primarily in Texas and the US midcontinent region. Its pipeline network totals 130,000 miles. It also owns gathering and processing facilities, one of the largest fractionation facilities in the US, fuel distribution assets, and the Lake Charles gas liquefaction facility. It combined its publicly traded limited and general partnerships in October 2018.
<h3>Current Position of Energy Transfer</h3>
<ul>
<li>Trading volume stands at 5,151,619, with ET's price up by 0.44%, positioned at $17.12.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 91 days.</li>
</ul>
<h3>What The Experts Say On Energy Transfer</h3>
2 market experts have recently issued ratings for this stock, with a consensus target price of $20.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from B of A Securities has revised its rating downward to Buy, adjusting the price target to $20. 
&#x2A; Maintaining their stance, an analyst from RBC Capital continues to hold a Outperform rating for Energy Transfer, targeting a price of $20. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Energy Transfer options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Decoding Energy Transfer's Options Activity: What's the Big Picture?

Intuitive Surgical, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>) is a &#8220;fantastic company with an expensive stock,&#8221; <a href="https://www.benzinga.com/topic/jim-cramer">according to CNBC's Jim Cramer</a>.
On Oct. 17, Intuitive Surgical reported third-quarter revenue of $2.04 billion, beating the consensus estimate of $2 billion.
During the latest edition of &#8220;<a href="https://www.benzinga.com/topic/mad-money-lightning-round">Mad Money Lightning Round</a>,&#8221; Cramer said Energy Transfer LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ET#NYSE">ET</a>) <a href="https://www.benzinga.com/quote/ET/earnings">is a buy</a>.
Energy Transfer reported quarterly earnings of 32 cents per share which missed the analyst consensus estimate of 37 cents per share. The company reported quarterly sales of $20.772 billion which missed the analyst consensus estimate of $22.297 billion.
&#8220;Let it ride,&#8221; Cramer said when asked about T-Mobile US, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>).
On Oct. 23, T-Mobile reported quarterly earnings of $2.61 per share, which beat the analyst consensus estimate of $2.41 per share.
Cramer recommended buying Constellation Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>). &#8220;I think it still works higher,&#8221; he added.
On Nov. 4, Constellation Energy reported third-quarter results and revised its FY24 adjusted EPS guidance, which is below estimates.
When asked about International Business Machines Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>), he said, &#8220;I think we can hold it.&#8221;
On Oct. 23, IBM reported third-quarter revenue of $14.968 billion, missing the consensus estimate of $15.07 billion, according to Benzinga Pro.
The Mad Money host said he is not recommending Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>). &#8220;I think they have a lot of companies that are up against them,&#8221; he noted.
On Nov. 11, Keybanc analyst Eric Heath maintained Snowflake with an Overweight and lowered the price target from $168 to $150.
Price Action:
<ul>
<li>Energy Transfer shares fell 1.1% to settle at $17.05 on Tuesday.</li>
<li>Intuitive Surgical shares gained 0.3% to close at $537.07.</li>
<li>T-Mobile shares rose 0.3% to close at $239.00 on Tuesday.</li>
<li>Constellation Energy shares fell 3.6% to settle at $228.70 during the session.</li>
<li>IBM shares fell 0.5% to close at $210.86 on Tuesday.</li>
<li>Snowflake shares gained 1.6% to settle at $125.46.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/11/41899303/top-3-tech-and-telecom-stocks-which-could-rescue-your-portfolio-in-q4">Top 3 Tech And Telecom Stocks Which Could Rescue Your Portfolio In Q4</a></li>
</ul>
Courtesy of Intuitive Surgical

Long Ideas

Media

ISRG

SNOW

TMUS

Jim Cramer Says Intuitive Surgical Is A 'Fantastic, Expensive Company'

Whales with a lot of money to spend have taken a noticeably bearish stance on Energy Transfer.
Looking at options history for Energy Transfer (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ET#NYSE">ET</a>) we detected 21 trades.
If we consider the specifics of each trade, it is accurate to state that 19% of the investors opened trades with bullish expectations and 42% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $122,400 and 18, calls, for a total amount of $2,008,251.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $1.0 to $17.0 for Energy Transfer over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Energy Transfer's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Energy Transfer's whale activity within a strike price range from $1.0 to $17.0 in the last 30 days. 
<h3>Energy Transfer Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731096461_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ET</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$16.1</td>
<td>$15.95</td>
<td>$16.03</td>
<td>$1.00</td>
<td>$961.8K</td>
<td>0</td>
<td>602</td>
</tr>
<tr>
<td>ET</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$0.74</td>
<td>$0.71</td>
<td>$0.74</td>
<td>$17.00</td>
<td>$188.7K</td>
<td>88.8K</td>
<td>11.7K</td>
</tr>
<tr>
<td>ET</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$0.72</td>
<td>$0.7</td>
<td>$0.71</td>
<td>$17.00</td>
<td>$88.2K</td>
<td>88.8K</td>
<td>6.6K</td>
</tr>
<tr>
<td>ET</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$12.05</td>
<td>$11.9</td>
<td>$12.05</td>
<td>$5.00</td>
<td>$68.6K</td>
<td>301</td>
<td>57</td>
</tr>
<tr>
<td>ET</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$2.6</td>
<td>$2.56</td>
<td>$2.58</td>
<td>$15.00</td>
<td>$64.5K</td>
<td>51.3K</td>
<td>8.3K</td>
</tr>
</tbody>
</table>

<h3>About Energy Transfer</h3>
Energy Transfer owns one of the largest portfolios of crude oil, natural gas, and natural gas liquid assets in the US, primarily in Texas and the US midcontinent region. Its pipeline network totals 130,000 miles. It also owns gathering and processing facilities, one of the largest fractionation facilities in the US, fuel distribution assets, and the Lake Charles gas liquefaction facility. It combined its publicly traded limited and general partnerships in October 2018.
<h3>Energy Transfer's Current Market Status</h3>
<ul>
<li>Trading volume stands at 18,793,942, with ET's price up by 0.01%, positioned at $17.09.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 96 days.</li>
</ul>
<h3>What The Experts Say On Energy Transfer</h3>
A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $20.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from RBC Capital continues to hold a Outperform rating for Energy Transfer, targeting a price of $20. 
&#x2A; In a cautious move, an analyst from B of A Securities downgraded its rating to Buy, setting a price target of $20. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Energy Transfer options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Behind the Scenes of Energy Transfer's Latest Options Trends

Energy Transfer (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ET#NYSE">ET</a>) reported quarterly earnings of $0.32 per share which missed the analyst consensus estimate of $0.37 by 13.51 percent. The company reported quarterly sales of $20.772 billion which missed the analyst consensus estimate of $22.297 billion by 6.84 percent. This is a 0.16 percent increase over sales of $20.739 billion the same period last year.

Earnings

Earnings Misses

Energy Transfer Q3 2024 GAAP EPS $0.32 Misses $0.37 Estimate, Sales $20.772B Miss $22.297B Estimate

Energy Transfer LP (NYSE:<a href="https://www.benzinga.com/stock/ET#NYSE">ET</a>) today announced an increase in its quarterly cash distribution to $0.3225 per Energy Transfer common unit ($1.29 on an annualized basis) for the third quarter ended September 30, 2024.
This cash distribution per Energy Transfer common unit will be paid on November 19, 2024 to unitholders of record as of the close of business on November 8, 2024, and is an increase of 3.2 percent as compared to the third quarter of 2023.

Dividends

Energy Transfer Announces Increase In Quarterly Cash Distribution From $0.32 To $0.3225 Per Unit

On CNBC's &#8220;Mad Money Lightning Round,&#8221; Jim Cramer recommended buying Coterra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTRA#NYSE">CTRA</a>). &#8220;It can make money even at these<a href="https://www.benzinga.com/quote/CTRA"> levels,&#8221; he noted</a>.
On Oct. 10, Scotiabank analyst Paul Cheng maintained Coterra Energy with a Sector Outperform and lowered the price target from $35 to $32.
&#8220;It trades with the whole group, and the group is actually trading very, very well,&#8221; Cramer said when asked about Energy Transfer (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ET#NYSE">ET</a>). &#8220;You're in good shape with ET.&#8221;
Energy Transfer will release earnings for the third quarter on Wednesday, Nov. 6, after the closing bell.
&#8220;Tim Wentworth [CEO of Walgreens] is really an excellent CEO. The bad news is you're up against Amazon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>),&#8221; Cramer said when asked about Walgreens Boots Alliance, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>). &#8220;I'm a a believer in Tim, I really hope it works. But that is a one tough spot he's got himself in.&#8221;
On Oct. 15, Walgreens reported fourth-quarter fiscal year 2024 sales of $37.55 billion, up 6% year over year (+6.1% on constant currency), beating the consensus of $35.76 billion, reflecting sales growth <a href="https://www.benzinga.com/news/earnings/24/10/41333092/walgreens-boots-alliance-outlines-three-cost-saving-strategy-as-q4-earnings-beat-street-estimates">across all segments</a>.
The &#8220;Mad Money&#8221; host said it's going to be a good quarter for Dover (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOV#NYSE">DOV</a>). &#8220;It's in the data center, that's why we like it,&#8221; he added.
On Oct. 17, Mizuho analyst Brett Linzey maintained Dover with an Outperform and raised the price target from $200 to $220.
&#8220;This is a very tough situation because all of cosmetics are in a downturn that is so staggering that it caught everybody by surprise,&#8221; Cramer said when asked about e.l.f. Beauty, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELF#NYSE">ELF</a>).
&#8220;I do think that, when they come back, this one will come back faster than all of them,&#8221; he added.
On Oct. 16, Truist Securities analyst Bill Chappell maintained e.l.f. Beauty with a Buy and lowered the price target from $210 to $130.
Price Action:
<ul>
<li>Energy Transfer shares fell 0.5% to settle at $16.41 on Friday.</li>
<li>Walgreens shares gained 1.2% to close at $10.79.</li>
<li>Coterra Energy shares fell 1.2% to close at $23.78 on Friday.</li>
<li>e.l.f. Beauty shares gained 0.2% to settle at $108.20.</li>
<li>Dover shares fell 0.3% to close at $194.38 on Friday.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/10/41421321/dow-s-p-500-settle-at-record-high-levels-record-6th-consecutive-week-of-gains-fear-index-moves-to-e">Dow, S&amp;P 500 Settle At Record High Levels, Record 6th Consecutive Week Of Gains: Fear Index Moves To &#8216;Extreme Greed&#8217; Zone</a></li>
</ul>

AMZN

CTRA

Jim Cramer Says This Energy Stock Is A Buy: 'It Can Make Money Even At These Levels'

B of A Securities analyst Jean Ann Salisbury reinstates Energy Transfer (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ET#NYSE">ET</a>) with a Buy and announces $20 price target.

Price Target

Initiation

B of A Securities Reinstates Buy on Energy Transfer, Announces $20 Price Target

RBC Capital analyst Elvira Scotto maintains Energy Transfer (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ET#NYSE">ET</a>) with a Outperform and raises the price target from $19 to $20.

RBC Capital Maintains Outperform on Energy Transfer, Raises Price Target to $20

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2024/10/14/final-trades-energy-transfer-nvidia-paypal-and-united-rentals.html">Halftime Report Final Trades</a>,&#8221; Stephen L. Weiss of Short Hills Capital Partners named Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>).
In an episode of the Bg2 Pod, Nvidia CEO Jensen Huang lauded OpenAI as one of the most influential companies of today's era. The podcast, aired on Sunday, featured a conversation between Altimeter Capital&#8217;s CEO Brad Gerstner, partner Clark Tang, and Huang. 
During the discussion, Huang expressed his admiration for OpenAI, which despite several high-profile departures, raised $6.6 billion at a $<a href="https://www.benzinga.com/news/24/10/41309060/nvidias-jensen-huang-says-chatgpt-led-to-awakening-of-ai-praises-sam-altmans-openai-as-one-of-most-c">157 billion valuation</a>.
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>.
Bryn Talkington of Requisite Capital Management said Energy Transfer LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ET#NYSE">ET</a>) has an <a href="https://www.benzinga.com/quote/ET/earnings">8% distribution yield</a>.
Energy Transfer will release earnings for the third quarter of 2024 on Wednesday, Nov. 6, after the market closes. Analysts expect the company to report quarterly earnings at 34 cents per share on revenue of $23.52 billion.
Sarat Sethi of DCLA said PayPal Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>) is &#8220;executing really well&#8221; and there's more to come.
On Monday, Goldman Sachs analyst Will Nance maintained PayPal with a Neutral and raised the price target from $69 to $79, while Mizuho analyst Dan Dolev maintained the stock with an Outperform and raised the price target from $90 to $100.
Bill Baruch of Blue Line Capital picked United Rentals, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>), which is scheduled to report quarterly earnings next week.
United Rentals will hold its third quarter 2024 conference call on Thursday, Oct. 24. Analysts expect the company to report quarterly earnings at $12.48 per share, up from $11.73 per share in the year-ago period.
Price Action:
<ul>
<li>Energy Transfer gained 0.2% to close at $16.55 during Monday's session.</li>
<li>NVIDIA shares rose 2.4% to settle at $138.07 on Monday.</li>
<li>PayPal shares gained 0.2% to settle at $80.67 on Monday.</li>
<li>United Rentals shares gained 2.3% to close at $838.05.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/markets/24/10/41320317/wall-streets-most-accurate-analysts-weigh-in-on-3-tech-and-telecom-stocks-with-over-4-dividend-yield">Wall Street&#8217;s Most Accurate Analysts Weigh In On 3 Tech And Telecom Stocks With Over 4% Dividend Yields</a></li>
</ul>
Image: Unsplash

NVDA

PYPL

Nvidia, PayPal, United Rentals And An Energy Stock On CNBC's 'Final Trades'

CNBC Halftime Report Final Trades: Energy Transfer LP, NVIDIA, PayPal Holdings, United Rentals

The new partnership strengthens AtoB's Over-the-Road and Local offerings with access to 5,000+ Sunoco locations across over 40 states
AtoB, the fintech payments platform modernizing the trucking industry's financial systems, today announced a new partnership with Sunoco, bringing its 5,000 locations into its fuel card network. This collaboration significantly enhances AtoB's already extensive fuel card network, providing customers with access to Sunoco locations across over 40 states and exclusive discounts.
Starting today, AtoB customers will benefit from discounts at over 5,000 Sunoco locations across over 40 states. Trucking fleets will now enjoy discounts at over 100 truck diesel locations including premier discounts at twelve key Sunoco stations along the highly trafficked New Jersey Turnpike. These twelve Sunoco truck diesel locations are part of the AMBEST network, a nationwide member-owned network of high-quality truck stops and service stations. With Sunoco's extensive presence, this partnership is designed to offer substantial savings and enhance convenience for AtoB's users.

AtoB Partners With Sunoco To Expand Nationwide Network And Deliver Enhanced Fuel Discounts; New Partnership Strengthens AtoB's Over-The-Road And Local Offerings With Access To 5,000+ Sunoco Locations Across Over 40 States

KBR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBR#NYSE">KBR</a>)&nbsp;announced today that KTJV, a KBR and Technip Energies joint venture, has been selected by Lake Charles&nbsp;LNG Export Company, a subsidiary of Energy Transfer LP, for its Lake Charles LNG transformation project.
Under the terms of the agreement, KTJV will provide high-end engineering, procurement, construction management, construction, commissioning, startup and other related services, subject to Lake Charles LNG's decision to issue a notice to proceed for the project.
The project would transform Energy Transfer's existing import facility into a world-class LNG export facility to meet the world's growing LNG and energy security demands. This conversion would include the delivery of three liquefaction trains and modifications to existing storage and dock facilities designed to enable the export of 16.45 metric tons per annum of LNG.

Contracts

KBR Announces KTJV, A KBR And Technip Energies Joint Venture, Has Been Selected By Lake Charles LNG Export Company, A Subsidiary Of Energy Transfer LP, For Its Lake Charles LNG Transformation Project

Energy Transfer On Pipeline Fire At La Porte, Texas, Says As Of 10:30 am On Thursday, Fire Continues To Safely Burn Itself Out As Flame Diminished Overnight; Installation Of Specialized Pipeline Isolation Equipment On Either Side Of Damaged Area Is In Process

On CNBC's <a href="https://www.cnbc.com/video/2024/09/18/final-trades-energy-transfer-trade-desk-alphabet-and-general-motors.html">&#8220;Halftime Report Final Trades,&#8221;</a> Jim Lebenthal said General Motors Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) benefits from rate cuts.
General Motors, last week, agreed to explore collaboration with Hyundai Motor and expand its partnership with EVgo by installing 400 fast-charging stalls at key locations in major U.S. metropolitan areas. Additionally, the company is reportedly in talks to buy Chinese batteries made in the U.S. through its <a href="https://www.benzinga.com/markets/penny-stocks/24/09/40905775/gm-and-hyundai-join-forces-to-boost-competitiveness-and-improve-efficiency">partnership with Japan's TDK</a>.
Bryn Talkington of Requisite Capital Management named Energy Transfer LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ET#NYSE">ET</a>), an energy play, which is up 16% year-to-date. The company also has a dividend<a href="https://www.benzinga.com/quote/ET/analyst-ratings"> yield of 8%, she added</a>.
On Wednesday, UBS analyst Shneur Gershuni maintained Energy Transfer with a Buy rating and raised the price target from $22 to $23.
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
Joseph M. Terranova of Virtus Investment Partners said The Trade Desk, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>), is pushing back to its Nov. 2021 all-time high level.
On Sept. 13, Wedbush analyst Scott Devitt maintained Trade Desk with an Outperform rating and raised the price target from $110 to $115.
Stephen Weiss of Short Hills Capital Partners said Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) is still undervalued.
Alphabet Google won its appeal against the European Commission&#8217;s €1.49 billion ($1.66 billion) antitrust fine for anticompetitive practices involving its online search advertising business. Luxembourg-based General Court delivered a reprieve to Google, nullifying the line about the $1.66 billion penalty in the European Commission&#8217;s five-year-old <a href="https://www.benzinga.com/24/09/40915828/google-wins-1-7b-eu-antitrust-fine-appeal-over-5-year-old-online-search-advertising-case">order against the search giant, reported Reuters.</a>
Price Action:
<ul>
<li>Energy Transfer gained 0.6% to close at $16.11 during Wednesday's session.</li>
<li>Trade Desk shares gained 2.1% to settle at $108.02 on Wednesday.</li>
<li>Alphabet shares gained 0.3% to close at $160.81 during Wednesday's session.</li>
<li>General Motors shares gained 2.4% to settle at $48.66 on Wednesday.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/markets/24/09/40927530/coinbase-global-electronic-arts-and-2-other-stocks-executives-are-selling">Coinbase Global, Electronic Arts And 2 Other Stocks Executives Are Selling</a></li>
</ul>
Image: Shutterstock

GOOG

GOOGL

General Motors, Alphabet, Trade Desk And An Energy Stock On CNBC's 'Final Trades'

CNBC Final Trades: Trade Desk, Energy Transfer, Alphabet Class C, General Motors

UBS analyst Shneur Gershuni maintains Energy Transfer (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ET#NYSE">ET</a>) with a Buy and raises the price target from $22 to $23.

UBS Maintains Buy on Energy Transfer, Raises Price Target to $23

PayPal Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>)<a href="https://www.benzinga.com/news/24/09/40781082/whats-going-on-with-paypal-stock"> is a buy</a>, according to CNBC's Jim Cramer. 
On Monday, PayPal disclosed an expansion of its strategic partnership with Shopify Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>) in the U.S. 
Per the deal, PayPal will become an additional credit and debit card processor for Shopify Payments through its PayPal Complete Payments solution, providing flexible and advanced developer tools for marketplaces and platforms.
Cramer, on the latest &#8220;Mad Money Lightning Round,&#8221; said Rivian (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) has &#8220;got the money to be able to make it. That doesn't mean that the stock is a buy, it does mean they're going to make it. So, I would say you've got to let it percolate. But it's not anytime soon.&#8221;
The recent $5 billion deal between Volkswagen (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VWAGY#OTC">VWAGY</a>) and U.S. electric vehicle start-up Rivian Automotive has reportedly stirred up discontent among employees at the German automaker's software division Cariad.
&#8220;I think you're fine,&#8221; Cramer said when asked about The Southern Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SO#NYSE">SO</a>). &#8220;Let's say it's a baby growth story.&#8221;
On Aug. 29, Bank of America Securities analyst Julien Dumoulin-Smith maintained Southern with a Neutral and raised the price target from $86 to $87.
The Mad Money host said he is concerned about CVS Health Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVS#NYSE">CVS</a>). &#8220;Let's just keep it on ice for the moment,&#8221; he added.
On Sept. 10, Cantor Fitzgerald analyst Sarah James reiterated CVS Health with a Neutral and maintained a $62 price target.
The Home Depot, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>) is &#8220;good,&#8221; Cramer said.
On Aug. 13, HD reported second-quarter 2024 sales growth of 0.6% year-over-year to $43.175 billion, marginally missing the consensus estimate of $43.376 billion. Adjusted EPS was $4.67 (-0.2% year over year), beating the consensus of $4.50.
Cramer said he doesn't have anything to say about Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), adding that it is a &#8220;cold stock.&#8221;
On Sept. 6, S&amp;P Dow Jones Indices announced that Palantir Technologies will be added to the S&amp;P 500 Index, effective prior to the start of trading on Sept. 23.
Cramer said he is a buyer of Energy Transfer LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ET#NYSE">ET</a>).
On Aug. 9, Energy Transfer announced a secondary public offering of 38,755,996 of its common units.
Price Action:
<ul>
<li>PayPal shares rose 0.7% to settle at $69.35 on Wednesday.</li>
<li>Rivian shares rose 5.3% to close at $13.93 during Wednesday's session.</li>
<li>Palantir shares gained 0.3% to settle at $34.85.</li>
<li>Energy Transfer shares rose 0.3% to close at $15.87.</li>
<li>Southern shares fell 1% to close at $88.77 during Wednesday's session.</li>
<li>CVS fell 1.5% to settle at $56.11 during the session.</li>
<li>Home Depot shares fell 0.1% to close at $370.49 on Wednesday.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/top-stories/24/09/40813043/jim-cramer-not-the-time-to-own-oil-when-asked-about-exxon-mobil-says-ibm-is-performing-well">Jim Cramer: &#8216;Not The Time To Own Oil,&#8217; When Asked About Exxon Mobil; Says IBM Is &#8216;Performing Well&#8217;</a></li>
</ul>
Image: Shutterstock

PLTR

RIVN

SHOP

VWAGY

PayPal Is A Buy, Jim Cramer Says: As For Rivian? 'Let It Percolate'

Energy Transfer (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ET#NYSE">ET</a>) is set to give its latest quarterly earnings report on Wednesday, 2024-08-07. Here's what investors need to know before the announcement.
Analysts estimate that Energy Transfer will report an earnings per share (EPS) of $0.36. 
The announcement from Energy Transfer is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
<h3>Earnings History Snapshot</h3>
Last quarter the company missed EPS by $0.08, which was followed by a 2.08% drop in the share price the next day.
Here's a look at Energy Transfer's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.36</td>
<td>0.40</td>
<td>0.35</td>
<td>0.34</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.35</td>
<td>0.32</td>
<td>0.37</td>
<td>0.15</td>
</tr>
<tr>
<td>Price Change %</td>
<td>2.0%</td>
<td>-2.0%</td>
<td>2.0%</td>
<td>4.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1725979790_0.png" alt="eps graph" />
<h3>Market Performance of Energy Transfer's Stock</h3>
Shares of Energy Transfer were trading at $15.81 as of September 09. Over the last 52-week period, shares are up 16.0%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analyst Insights on Energy Transfer</h3>
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Energy Transfer.
The consensus rating for Energy Transfer is Buy, based on 2 analyst ratings. With an average one-year price target of $20.0, there's a potential 26.5% upside.
<h3>Understanding Analyst Ratings Among Peers</h3>
The below comparison of the analyst ratings and average 1-year price targets of ONEOK, Williams Companies and Kinder Morgan, three prominent players in the industry, gives insights for their relative performance expectations and market positioning.
<ul>
<li>The consensus outlook from analysts is an Outperform trajectory for ONEOK, with an average 1-year price target of $92.56, indicating a potential 485.45% upside.</li>
<li>Williams Companies received a Neutral consensus from analysts, with an average 1-year price target of $43.86, implying a potential 177.42% upside.</li>
<li>As per analysts' assessments, Kinder Morgan is favoring an Neutral trajectory, with an average 1-year price target of $22.5, suggesting a potential 42.31% upside.</li>
</ul>
<h3>Key Findings: Peer Analysis Summary</h3>
Within the peer analysis summary, vital metrics for ONEOK, Williams Companies and Kinder Morgan are presented, shedding light on their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Energy Transfer</td>
<td>Buy</td>
<td>13.15%</td>
<td>$3.91B</td>
<td>3.37%</td>
</tr>
<tr>
<td>ONEOK</td>
<td>Outperform</td>
<td>31.14%</td>
<td>$1.74B</td>
<td>4.71%</td>
</tr>
<tr>
<td>Williams Companies</td>
<td>Neutral</td>
<td>-5.92%</td>
<td>$1.35B</td>
<td>3.25%</td>
</tr>
<tr>
<td>Kinder Morgan</td>
<td>Neutral</td>
<td>2.03%</td>
<td>$2.02B</td>
<td>1.88%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Energy Transfer ranks highest in revenue growth among its peers. It has the highest gross profit margin. However, it has the lowest return on equity.
<h3>Delving into Energy Transfer's Background</h3>
Energy Transfer owns a large platform of crude oil, natural gas, and natural gas liquid assets primarily in Texas and the U.S. midcontinent region. It also has gathering and processing facilities, one of the largest fractionation facilities in the U.S., and fuel distribution. Energy Transfer also owns the Lake Charles gas liquefaction facility. It combined its publicly traded limited and general partnerships in October 2018.
<h3>Energy Transfer: A Financial Overview</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Energy Transfer's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 13.15%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Energy sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 5.7%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Energy Transfer's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 3.37%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Energy Transfer's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 1.0%, the company may face hurdles in achieving optimal financial returns.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 1.7.
<a href="https://www.benzinga.com/quote/ET/earnings">To track all earnings releases for Energy Transfer visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Energy Transfer's Earnings Outlook

The Higher They Soar, The More I Buy

Given increasing geopolitical concerns, rising oil prices, and extending OPEC+ production cuts, the oil and gas market is poised for robust growth. Therefore, fundamentally solid energy stocks Cenovus Energy (CVE), Suncor Energy (SU), and Energy Transfer (ET) could be ideal investment choices. Read more... The ongoing conflicts in the Middle East have significantly impacted the supply and demand of oil and gas across the globe. Due to the constrained supplies, world oil and gas demand is expected to see unprecedented growth.
Given the industry tailwinds, it could be wise to invest in fundamentally sound energy stocks Cenovus Energy Inc. (<a href="https://stocknews.com/stock/CVE/">CVE</a>), Suncor Energy Inc. (<a href="https://stocknews.com/stock/SU/">SU</a>), and Energy Transfer LP (<a href="https://stocknews.com/stock/ET/">ET</a>) for gains amid global demand.
In its recent short-term energy outlook, <a href="https://www.eia.gov/outlooks/steo/">EIA expects an increase of over 1.0 million</a> barrels per day (b/d) in global consumption of liquid fuels this year, and stronger growth is projected in the next year, with global oil consumption rising by 1.2 million b/d.
Also, escalating geopolitical risks in the Middle East and withdrawals from global oil inventories stemming from OPEC+ production cuts are likely to pressure oil prices upwards over the next few months, with the Brent crude oil price averaging $78 per barrel (b) in the first quarter of 2025.
EIA also forecasts that the <a href="https://www.iea.org/reports/oil-market-report-november-2024">world oil demand will expand by 920 kb/d in 2024</a> and by 1 mb/d in 2025, respectively, to 102.8 mb/d and 103.8 mb/d.
Further, <a href="https://www.iea.org/news/natural-gas-demand-growth-picks-up-in-2024-amid-uncertainties-over-supply">global demand for natural gas</a> has also been increasing at a faster rate this year compared to the previous two years. Global gas demand is anticipated to rise by more than 2.5% in 2024, and a similar rate is expected in 2025, driven by demand from fast-growing markets.
With these encouraging trends in mind, let's delve into the fundamentals of the three <a href="https://stocknews.com/category/energy-oil-gas/">Energy – Oil &amp; Gas</a> stock picks, beginning with the third choice.
Stock #3: Cenovus Energy Inc. (<a href="https://stocknews.com/stock/CVE/">CVE</a>)
Headquartered in Calgary, Canada, CVE develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada and internationally. It operates in Oil Sands; Conventional; Offshore; Canadian Refining; and U.S. Refining segments.
On October 31, CVE's Board of Directors declared a quarterly base dividend of $0.18 per common share, payable on December 31, 2024, to shareholders of record as of December 13, 2024.
Also, the Board declared a quarterly dividend on each of the cumulative redeemable first preferred shares as follows: $0.16 on Series 1, $0.37 on Series 2, $0.29 on Series 3, $0.287 on Series 5 and $0.24 on Series 7, payable on December 31, 2024, to shareholders of record as of December 13, 2024.
CVE's annual dividend of $0.63 translates to a yield of 3.72% at the current share price. Its four-year average dividend yield is 1.45%. Further, the company's dividend payouts have increased at a CAGR of 123.5% over the past three years.
During the third quarter that ended September 30, 2024, CVE reported <a href="https://www.investopedia.com/terms/r/revenue.asp">revenues</a> of C$14.25 billion ($10.19 billion) and its earnings before income tax was C$1.02 billion ($732.59 million). Its net earnings came in at C$820 million ($586.64 million) and C$0.42 per common share for the quarter, respectively.
In addition, the company's adjusted funds flow stood at C$1.96 billion ($1.40 billion) and C$1.05 per share, respectively.
Street expects CVE's EPS for the fourth quarter (ending December 2024) to increase 25.1% year-over-year to $0.35, and its revenue for the ongoing quarter is expected to grow 15.9% year-over-year to $11.31 billion. Also, the company has surpassed the consensus revenue estimate in three of the trailing four quarters.
CVE's stock has slumped 5.1% over the past month to close the last trading session at $16.16.
CVE's solid fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. It has an overall rating of B, which equates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
CVE has a B grade for Quality. It is ranked #13 out of 77 stocks in the <a href="https://stocknews.com/category/energy-oil-gas/">Energy – Oil &amp; Gas</a> industry.
In addition to the POWR Ratings we've stated above, we also have CVE ratings for Sentiment, Growth, Value, Momentum, and Stability. Get all CVE ratings <a href="https://stocknews.com/stock/CVE/">here</a>.
Stock #2: Suncor Energy Inc. (<a href="https://stocknews.com/stock/SU/">SU</a>)
Based in Calgary, Canada, SU operates as an integrated energy company internationally. The company operates in Oil Sands; Exploration and Production; and Refining and Marketing segments. The company explores, develops, and produces bitumen, synthetic crude oil, and related products.
On November 12, SU's Board of Directors approved a quarterly dividend of $0.57 per common share, reflecting an increase of 5% over the prior quarterly dividend. The dividend will be paid on December 24, 2024, to shareholders of record at the close of business on December 3, 2024.
SU pays an annual dividend of $1.63, which translates to a yield of 3.98% at the current share price. Its four-year average dividend yield is 4%. Moreover, the company's dividend payouts have increased at a CAGR of 33.9% over the past three years.
For the third quarter that ended September 30, 2024, SU reported adjusted operating earnings of C$1.87 billion ($1.34 billion) or C$1.48 per common share, respectively. The company's adjusted funds from operations stood at $3.79 billion ($2.71 billion) and C$2.98 per common share, up 4.2% and 6.4% from the prior year's quarter.
Furthermore, the company's free funds flow rose 8.5% year-over-year to C$2.23 billion ($1.60 billion).
Street expects SU's revenue for the first quarter (ending March 2025) to increase 4.1% year-over-year to $9.50 billion, and its EPS for the same period is expected to be $0.62. Furthermore, the company surpassed the consensus EPS estimates in all of the trailing four quarters.
SU's stock has surged 4.2% over the past month and 22% over the past year to close the last trading session at $40.83.
SU's bright prospects are reflected in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
The stock has an A grade for Quality and a B grade for Stability and Momentum. SU is ranked #7 among 77 stocks in the same industry.
<a href="https://stocknews.com/stock/SU/">Click here</a> to access SU's ratings for Growth, Value, and Sentiment.
Stock #1: Energy Transfer LP (<a href="https://stocknews.com/stock/ET/">ET</a>)
ET is an energy-related services provider. It operates natural gas transportation pipelines, natural gas storage facilities in Texas and Oklahoma, and nearly 20,090 miles of interstate natural gas pipeline.
On October 28, ET increased its quarterly cash distribution to $0.32 per common unit for the third quarter ended September 30, 2024, representing an increase of 3.2% as compared to the third quarter of 2023. The cash distribution was paid on November 19, 2024, to unitholders of record as of the close of business on November 8, 2024.
ET's annual dividend of $1.29 translates to a yield of 7.06% at the current share price. Its four-year average dividend yield is 8.19%. And its dividend payouts have increased at 27.9% CAGR over the past three years.
Also, on July 16, ET and Sunoco LP (<a href="https://stocknews.com/stock/SUN/">SUN</a>) entered a joint venture to combine their crude oil and produced water-gathering assets in the Permian Basin. ET will hold a 67.5% interest in the joint venture, with Sunoco holding a 32.5% interest. ET will oversee over 5,000 miles of pipelines and 11 million barrels of storage capacity.
During the third quarter that ended September 30, 2024, ET's revenues rose marginally year-over-year to $20.77 billion. The company's net income amounted to $1.43 billion and $0.32 per common unit, up 37% and 113.3% from the prior year's quarter, respectively.
Also, the company's adjusted EBITDA increased 11.8% year-over-year to $3.96 billion. Its distributable cash flow rose by 4.7% from the prior year to $2.63 billion.
Analysts expect ET's revenue and EPS for the fourth quarter (ending December 2024) to grow 16.9% and 1.6% year-over-year to $23.99 billion and $0.38, respectively. For the fiscal year 2024, the company's revenue and EPS are expected to grow 3.1% and 33.5% year-over-year to $81.04 billion and $1.46.
Shares of ET have surged 13.3% over the past six months and 34.8% over the past year to close the last trading session at $18.28.
ET's POWR Ratings reflect its robust outlook. The stock has an overall rating of B, equating to a Buy in our proprietary rating system.
The stock has an A grade for Momentum and a B grade for Value, Sentiment, and Stability. In the Energy - Oil &amp; Gas industry, ET is ranked #4 on 77 stocks.
<a href="https://stocknews.com/stock/ET/">Click here</a> to access additional ratings of ET for Growth and Quality.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
ET shares were trading at $18.40 per share on Thursday morning, up $0.12 (+0.66%). Year-to-date, ET has gained 44.52%, versus a 25.27% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/et-su-cve-3-energy-stocks-primed-for-gains-amid-global-demand/>3 Energy Stocks Primed for Gains Amid Global Demand</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Energy Stocks Primed for Gains Amid Global Demand

Energy Transfer set for seven straight sessions of gains

The Energy Sector is an interesting sector and there are a lot of things we can learn from valuing the Energy Sector about investing itself and about valuation.

Comments

Energy Transfer

매도 수량

Energy Transfer (NYSE:ET) 주식, 공매도 수량 보고

사람들이 또한 지켜본다

뉴스

파트너 / 기고자

벤징가 글로벌