How to buy Energy Transfer stock

Energy Transfer LP is an oil & gas midstream business based in the US. Energy Transfer shares (ET) are listed on the NYSE and all prices are listed in US Dollars. Energy Transfer employs 12,812 staff and has a trailing 12-month revenue of around USD$39 billion.

How to buy shares in Energy Transfer

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Energy Transfer. Find the stock by name or ticker symbol: ET. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Energy Transfer reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Energy Transfer, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Energy Transfer. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Energy Transfer share price

Use our graph to track the performance of ET stocks over time.

Energy Transfer shares at a glance

• Key figures

Information last updated 2021-02-23.

52-week range	USD$3.2824 - USD$10.7225
50-day moving average	USD$6.7485
200-day moving average	USD$6.2621
Wall St. target price	USD$10.59
PE ratio	9.717
Dividend yield	USD$0.915 (12.25%)
Earnings per share (TTM)	USD$0.522

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Is it a good time to buy Energy Transfer stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Energy Transfer LP by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Energy Transfer financials

Revenue TTM	USD$39 billion
Operating margin TTM	15.04%
Gross profit TTM	USD$10.4 billion
Return on assets TTM	3.77%
Return on equity TTM	0.42%
Profit margin	-1.66%
Book value	$6.86
Market capitalisation	USD$20.9 billion

TTM: trailing 12 months

Shorting Energy Transfer shares

There are currently 52.1 million Energy Transfer shares held short by investors – that's known as Energy Transfer's "short interest". This figure is 2.1% up from 51.1 million last month.

There are a few different ways that this level of interest in shorting Energy Transfer shares can be evaluated.

Energy Transfer's "short interest ratio" (SIR)

Energy Transfer's "short interest ratio" (SIR) is the quantity of Energy Transfer shares currently shorted divided by the average quantity of Energy Transfer shares traded daily (recently around 23.7 million). Energy Transfer's SIR currently stands at 2.2. In other words for every 100,000 Energy Transfer shares traded daily on the market, roughly 2200 shares are currently held short.

However Energy Transfer's short interest can also be evaluated against the total number of Energy Transfer shares, or, against the total number of tradable Energy Transfer shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Energy Transfer's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Energy Transfer shares in existence, roughly 20 shares are currently held short) or 0.0225% of the tradable shares (for every 100,000 tradable Energy Transfer shares, roughly 23 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Energy Transfer.

Find out more about how you can short Energy Transfer stock.

Energy Transfer's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Energy Transfer.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Energy Transfer's total ESG risk score

Total ESG risk: 48.6

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Energy Transfer's overall score of 48.6 (as at 01/01/2019) is pretty weak – landing it in it in the 95th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Energy Transfer is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Energy Transfer's environmental score

Environmental score: 1/100

Energy Transfer's environmental score of 1 puts it squarely in the 1st percentile of companies rated in the same sector. This could suggest that Energy Transfer is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Energy Transfer's social score

Social score: 1/100

Energy Transfer's social score of 1 puts it squarely in the 1st percentile of companies rated in the same sector. This could suggest that Energy Transfer is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Energy Transfer's governance score

Governance score: 1/100

Energy Transfer's governance score puts it squarely in the 1st percentile of companies rated in the same sector. That could suggest that Energy Transfer is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Energy Transfer's controversy score

Controversy score: 5/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Energy Transfer scored a 5 out of 5 for controversy – the lowest score possible, reflecting that Energy Transfer's public profile has been damaged by multiple incidents.

Environmental, social, and governance (ESG) summary

Energy Transfer LP was last rated for ESG on: 2019-01-01.

Total ESG score	48.6
Total ESG percentile	95.28
Environmental score	1
Environmental score percentile	1
Social score	1
Social score percentile	1
Governance score	1
Governance score percentile	1
Level of controversy	5

Have Energy Transfer's shares ever split?

Energy Transfer's shares were split on a 2:1 basis on 27 July 2015. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Energy Transfer shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Energy Transfer shares which in turn could have impacted Energy Transfer's share price.

Energy Transfer share price volatility

Over the last 12 months, Energy Transfer's shares have ranged in value from as little as $3.2824 up to $10.7225. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Energy Transfer's is 2.3597. This would suggest that Energy Transfer's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Energy Transfer overview

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. It sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. The company also owns and operates natural gas gathering and natural gas liquid (NGL) pipelines, processing plants, and treating and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Kansas, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; and a natural gas gathering system in Ohio, as well as transports and supplies water to natural gas producers in Pennsylvania. In addition, it owns approximately 4,515 miles of NGL pipelines; NGL and propane fractionation facilities; NGL storage facilities with working storage capacity of approximately 50 million barrels (MMBbls); and other NGL storage assets and terminals with an aggregate storage capacity of approximately 13 MMBbls. Further, the company sells gasoline, middle distillates, and motor fuel at retail, as well as crude oil, NGLs, and refined products; operates convenience stores; and distributes motor fuels and other petroleum products. Additionally, it provides natural gas compression services; carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. Energy Transfer LP was founded in 2002 and is headquartered in Dallas, Texas.

Frequently asked questions

• What percentage of Energy Transfer is owned by insiders or institutions?

  Currently 14.191% of Energy Transfer shares are held by insiders and 37.269% by institutions.

• How many people work for Energy Transfer?

  Latest data suggests 12,812 work at Energy Transfer.

• When does the fiscal year end for Energy Transfer?

  Energy Transfer's fiscal year ends in December.

• Where is Energy Transfer based?

  Energy Transfer's address is: 8111 Westchester Drive, Dallas, TX, United States, 75225

• What is Energy Transfer's ISIN number?

  Energy Transfer's international securities identification number is: US29273V1008

• What is Energy Transfer's CUSIP number?

  Energy Transfer's Committee on Uniform Securities Identification Procedures number is: 29273V100