We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Energy Transfer LP (ET) Registers a Bigger Fall Than the Market: Important Facts to Note
Read MoreHide Full Article
Energy Transfer LP (ET - Free Report) closed at $20.48 in the latest trading session, marking a -1.25% move from the prior day. This move lagged the S&P 500's daily loss of 0.22%. Elsewhere, the Dow saw a downswing of 0.66%, while the tech-heavy Nasdaq depreciated by 0.22%.
Shares of the energy-related services provider have by 0% over the course of the past month, underperforming the Oils-Energy sector's gain of 2.42%, and the S&P 500's gain of 1.4%.
Analysts and investors alike will be keeping a close eye on the performance of Energy Transfer LP in its upcoming earnings disclosure. The company's earnings report is set to go public on November 3, 2026. On that day, Energy Transfer LP is projected to report earnings of $0.4 per share, which would represent year-over-year growth of 42.86%. In the meantime, our current consensus estimate forecasts the revenue to be $35.6 billion, indicating a 78.41% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $1.73 per share and a revenue of $122.42 billion, demonstrating changes of +42.98% and +43.13%, respectively, from the preceding year.
Any recent changes to analyst estimates for Energy Transfer LP should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.87% increase. Energy Transfer LP is holding a Zacks Rank of #3 (Hold) right now.
The Oil and Gas - Production Pipeline - MLB industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 24, positioning it in the top 10% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
Image: Bigstock
Energy Transfer LP (ET) Registers a Bigger Fall Than the Market: Important Facts to Note
Energy Transfer LP (ET - Free Report) closed at $20.48 in the latest trading session, marking a -1.25% move from the prior day. This move lagged the S&P 500's daily loss of 0.22%. Elsewhere, the Dow saw a downswing of 0.66%, while the tech-heavy Nasdaq depreciated by 0.22%.
Shares of the energy-related services provider have by 0% over the course of the past month, underperforming the Oils-Energy sector's gain of 2.42%, and the S&P 500's gain of 1.4%.
Analysts and investors alike will be keeping a close eye on the performance of Energy Transfer LP in its upcoming earnings disclosure. The company's earnings report is set to go public on November 3, 2026. On that day, Energy Transfer LP is projected to report earnings of $0.4 per share, which would represent year-over-year growth of 42.86%. In the meantime, our current consensus estimate forecasts the revenue to be $35.6 billion, indicating a 78.41% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $1.73 per share and a revenue of $122.42 billion, demonstrating changes of +42.98% and +43.13%, respectively, from the preceding year.
Any recent changes to analyst estimates for Energy Transfer LP should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.87% increase. Energy Transfer LP is holding a Zacks Rank of #3 (Hold) right now.
The Oil and Gas - Production Pipeline - MLB industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 24, positioning it in the top 10% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.