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Energy Transfer Partners. Energy Transfer LP is an American company engaged in the pipeline transportation, storage, and terminaling for natural gas, crude oil, NGLs, refined products and liquid natural gas. It is organized under Delaware state laws and headquartered in Dallas, Texas. It was founded in 1996 by Ray Davis and Kelcy Warren, who ...
If Energy Transfer grows its EBITDA as expected, the stock could reach $30 in 2029 if it can command a 10x EV/EBITDA multiple. That is up from the 8x forward and 8.7x trailing multiple it ...
Energy Transfer (NYSE: ET) has a lofty 8% or so distribution yield, which will likely sound pretty appealing to most dividend-focused investors. But don't jump in just yet. But don't jump in just yet.
Image source: The Motley Fool. Energy Transfer (NYSE: ET) Q2 2024 Earnings Call Aug 07, 2024, 4:30 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
Energy Transfer is also a consolidator in the midstream sector. It bought Lotus Midstream for $1.5 billion in May 2023, closed its $7.1 billion merger with fellow MLP Crestwood Equity Partners in ...
Looking ahead, Energy Transfer raised its full-year EBITDA guidance to a range of $15.3 billion to $15.5 billion from a previous forecast of $15 billion to $15.3 billion.. The new guidance ...
Energy Transfer LP (ET) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Alma mater. University of Texas at Arlington. Occupation. Chairman & CEO of Energy Transfer Partners. Kelcy Lee Warren (born November 9, 1955) [1] is an American billionaire and the chairman and chief executive officer of Energy Transfer Partners. [2][3][4][5][6]
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