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How to Buy Energy Transfer Stock

Energy Transfer LP

Energy Transfer LP provides energy-related services. The company owns and operates approximately 9,400 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and 12,500 miles of interstate natural gas pipelines.

Energy Transfer stock last closed at $14.89, up 0.68% from the previous day, and has increased 14.45% in one year. It has overperformed other stocks in the Oil & Gas Midstream industry by 0.05 percentage points. Energy Transfer stock is currently +30.04% from its 52-week low of $11.45, and -0.57% from its 52-week high of $14.98.

There are currently 3.37B ET shares outstanding. The market value of ET is $50.15B. In the past 24 hours, 9.72M ET shares were traded.

How to Buy Energy Transfer Stock

Wondering how to invest in Energy Transfer stock? Here's how.
  1. Figure out where to buy Energy Transfer stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Energy Transfer stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Fund your brokerage account: Choose your method of payment and add your information.
  4. Research Energy Transfer stock: The Energy Transfer ticker symbol is ET. Is Energy Transfer stock a good investment? Should you buy shares of ET? How do ET's underlying business fundamentals look? Do top analysts think Energy Transfer is a good buy? Why has ET's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if ET is a good stock to buy).
  5. Make your ET buy order: Decide if you will purchase ET shares at the current market price or use a limit order to buy ET stock at a specific price.
  6. Keep an eye on your ET investment: Create a watchlist to track your position in Energy Transfer shares.

Step 1: Figure out where to buy Energy Transfer stock

You need a brokerage account in order to access the NYSE market and buy ET shares.

A brokerage account is an investment account that allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've chosen the right brokerage, the next step is to fill out some personal details so you are able to invest in ET stock today.

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Step 3: Fund your brokerage account

Now that you have opened your account on stock market app, your next step is to transfer the money for your investment:

Check out the video below to see the process of depositing funds into your brokerage account.

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Step 4: Research Energy Transfer stock

Once you have chosen the best place to buy Energy Transfer stock, it's absolutely critical to analyze their stock prior to investing, so you can wrap your head around the risk as well as the upside.

Energy Transfer quick stats

ET Price
$14.89
1w %
2.34%
1y %
14.45%
5y %
-3.12%
P/E
13.54x
P/B
1.37x
P/S
0.64x
PEG
1.08x
Revenue
$78.59B
Earnings
$3.47B
Fore. Rev. Growth
19.91%
Fore. Earn. Growth
15.45%
Market Cap
$50.15B
Next Earnings
N/A
Next Dividend
N/A

ET Fundamentals

WallStreetZen was designed to help average investors perform better fundamental analysis.

You can see all of the due diligence checks on ET's stock page.

How is ET stock valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge ET's true value.

Using relative valuations methods:

  • ET may be overvalued based on its P/E ratio of 13.54x, relative to Oil & Gas Midstream industry P/E ratio of 13.46x
  • ET may be undervalued based on its P/B ratio of 1.37x, relative to Oil & Gas Midstream industry P/B ratio of 2.25x
  • ET could be overvalued based on its PEG ratio of 1.08x

You can access additional valuation analysis on ET's stock here.

ET Financial Summary

Positive Financial Indicators:

  • There are more short-term assets than short-term liabilities on the ET balance sheet.
  • Total ET debt is lower than 5 years ago, relative to shareholder equity.

Negative Financial Indicators:

  • There are more long-term liabilities than short-term assets on the ET balance sheet.
  • ET profit margin has gone down from 4.8% to 4.4% in the past year.
  • ET earnings of $6.82B is not enough to cover its interest payments.
  • ET's operating cash flow of $9.56B allows it to safely service it's debt of $53.22B.
  • ET has a relatively high debt to equity ratio of 1.9.

Do analysts think it's a good time to buy Energy Transfer stock

Out of 3 Equities analysts who give forecasts on ET, the consensus analyst rating on ET is a Strong Buy

Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are projecting on the Energy Transfer stock forecast page.

ET Technicals

SMA10
14.42
SMA20
14.34
SMA50
14.04
SMA100
13.8
SMA200
13.42
MACD
0.2
MACD Signal
0.13
MACD Histogram
0.07
RSI
69.77
Stochastic %K
92.25
Stochastic %D
91.62
StochRSI %K
96.05
StochRSI %D
94.04

ET Growth Numbers

Last year, ET earnings were $3.47B. Over the past five year, ET's earnings have gone up by -1.73% per year. This was slower than the Oil & Gas Midstream industry average of 73.76%.

Last year, ET revenue was $78.59B. In the last five year, ET's revenue has grown by 7.76% per year. This was slower than the Oil & Gas Midstream industry average of 7.96%.

Learn more about ET's earnings and revenue performance here.

What are ET executives and large shareholders up to?

In the past 12 months, executives and large shareholders at ET have bought more shares than they have sold.

Marshall S. McCrea Iii, Co-CEO of ET, was the latest ET insider to buy. They bought $659,500.00 worth of ET stock on Dec 12, 2023.

Get more info about who owns ET shares here.

Does ET stock generate passive income?

Energy Transfer pays a dividend of 8.36%, compared to the Oil & Gas Midstream industry's average dividend yield of 6.34%. If you owned $1,000 worth of ET stock, you would have received $83.61 last year.

Energy Transfer dividend payments have consistently grown over the past decade but have not remained stable.

Get more info about Energy Transfer dividend yield and history here.

ET Social Trading Data

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Step 5: Make your ET buy order

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a given dollar amount, place a limit order.

Click the Open button and your broker will place the order.

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Step 6: Keep an eye on your ET investment

Now that you own some ET stock, you'll want to keep up with your new shares.

Create a watchlist to get the latest updates about your ET stock.

ET Feed

How to Buy Stock in Energy Transfer

To summarize, here are the 6 steps to buy stock in Energy Transfer:

  1. Figure out where to buy Energy Transfer stock
  2. Sign up for your brokerage account
  3. Fund your brokerage account
  4. Research Energy Transfer stock
  5. Make your ET buy order
  6. Keep an eye on your ET investment

If you require a place to buy stocks, eToro is our favorite option.

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If you want to get updates on your new investment in Energy Transfer, add ET to your watchlist by clicking the button below.

NYSE: ET
$14.89+0.10 (+0.68%)
Updated Feb 23, 2024
Open eToro Account
NYSE: ET
$14.89+0.10 (+0.68%)
Updated Feb 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Energy Transfer share?

As of Feb 23, 2024, it costs $14.89 to buy one share of Energy Transfer stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $7, you can buy 0.47 shares of ET.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Energy Transfer stock?

According to 3 Wall Street analysts who monitor Energy Transfer, their consensus recommendation is to buy Energy Transfer stock.

What is the best way to buy Energy Transfer stock?

One way to place an order for Energy Transfer stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.