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 $18.32, down 0.7% from the previous day, and has increased 19.74% in one year. It has overperformed other stocks in the Oil & Gas Midstream industry by 0.08 percentage points. Energy Transfer stock is currently +25.48% from its 52-week low of $14.60, and -14.59% from its 52-week high of $21.45.
There are currently 3.43B ET shares outstanding. The market value of ET is $62.87B. In the past 24 hours, 13.7M ET shares were traded.
How to Buy Energy Transfer Stock
Wondering how to invest in Energy Transfer stock? Here's how.
- 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.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Choose your method of payment and add your information.
- 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).
- 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.
- 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.
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Open eToro AccountStep 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.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start your new trading account.
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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.
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 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 undervalued based on its P/E ratio of 13.67x, relative to Oil & Gas Midstream industry P/E ratio of 19.63x
- ET may be undervalued based on its P/B ratio of 1.78x, relative to Oil & Gas Midstream industry P/B ratio of 2.84x
- ET could be overvalued based on its PEG ratio of 2.9x
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.
- ET profit margin has gone up from 4.4% to 5.6% in the past year.
- Total ET debt is lower than 5 years ago, relative to shareholder equity.
Negative Financial Indicators:
- ET earnings of $8.60B is not enough to cover its interest payments.
- ET's operating cash flow of $10.65B allows it to safely service it's debt of $60.61B.
- ET has a relatively high debt to equity ratio of 2.27.
- There are more long-term liabilities than short-term assets on the ET balance sheet.
Do analysts think it's a good time to buy Energy Transfer stock
Out of 10 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.
Most Recent ET Analyst Ratings
Spiro Dounis, a top 7% analyst from Citigroup maintains ET with a strong buy rating and raises their ET price target from $20.00 to $22.00, on Feb 25, 2025.
Citigroup's Spiro Dounis raised their price target on Energy Transfer (NYSE: ET) by 10% from $20 to $22 on 2025/02/25. The analyst maintained their Strong Buy rating on the stock.
Energy Transfer LP reported its Q4 and FY 2024 earnings on 2025/02/12.
Factors Dounis cited for their price target hike included:
- Management's higher-than-expected EBITDA guidance.
- The company's "meaningfully higher" near-term growth, which is supported by $5B in projected growth capital.
Earnings Report
Energy Transfer LP reported:
For Q4 2024:
- EPS of $0.29, which missed the Zacks Consensus Estimate of $0.36 and Q4 2023's $0.37.
- Revenue of $19.5B, which missed the Zacks Consensus Estimate of $24.2B and Q4 2023's $20.5B.
For FY 2024:
- EPS of $1.28, up from FY 2023's $1.09.
- Revenue of $82.7B, up from FY 023's $78.6B.
For FY 2025, management guided:
- Adjusted EBITDA of $16.1B to $16.5B.
- Growth Capex of $5B.
- Maintenance Capex of $1.1B.
Management did not provide commentary in its press release.
Selman Akyol, a top 13% analyst from Stifel Nicolaus maintains ET with a strong buy rating and raises their ET price target from $21.00 to $23.00, on Feb 12, 2025.
Theresa Chen, a top 4% analyst from Barclays maintains ET with a strong buy rating and raises their ET price target from $22.00 to $25.00, on Jan 13, 2025.
Marc Solecitto, a top 20% analyst from Barclays maintains ET with a strong buy rating and raises their ET price target from $18.00 to $22.00, on Dec 20, 2024.
John Mackay, a top 7% analyst from Goldman Sachs maintains ET with a hold rating and raises their ET price target from $17.00 to $20.00, on Dec 19, 2024.
You can dig deeper into what analysts are forecasting on the Energy Transfer stock forecast page.
Metrics for Advanced ET Traders
How are ET Revenues/Earnings doing?
Last year, ET earnings were $4.56B. Over the past 5 year, ET's earnings have gone up by 13.55% per year. This was slower than the Oil & Gas Midstream industry average of 24.23%.
Last year, ET revenue was $82.06B. Over the past 5 year, ET's revenue has increased by 9.25% per year. This was faster than the Oil & Gas Midstream industry average of 8.59%.
Find out more about ET's earnings and revenue performance here.
Are ET insiders buying or selling the stock?
In the last 12 months, insiders at ET have bought more shares than they have sold.
Dylan Bramhall, EVP Group CFO of ET, was the latest ET insider to sell. They sold $535,142.57 worth of ET stock on Dec 5, 2024.
Dig into more about who owns ET stock here.
Can I rely on ET as an income stream?
Energy Transfer pays a dividend of 5.3%, compared to the Oil & Gas Midstream industry's average dividend yield of 4.77%. If you owned $1,000 of ET stock, you would have received $52.97 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.
What do other traders have to say about ET?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your ET buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly 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 make sure you're buying or selling at a given price, place a limit order.
Click the Open button and eToro will place your order.
If you need more info about buying stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your ET investment
Now that you own some shares in ET, you'll want to keep up with your new shares.
Put ET on a watchlist to get notified of important updates regarding 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:
- Figure out where to buy Energy Transfer stock
- Sign up for your brokerage account
- Fund your brokerage account
- Research Energy Transfer stock
- Make your ET buy order
- Keep an eye on your ET investment
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get updates on your new investment in Energy Transfer, click the button below.
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