Professional
Added to YB: 2024-09-20
Pitch date: 2024-09-12
ET [bullish]
Energy Transfer LP
+13.33%
current return
Author Info
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Company Info
Energy Transfer LP, together with its subsidiaries, provides energy-related services in the United States.
Market Cap
$55.4B
Pitch Price
$14.61
Price Target
21.00 (+27%)
Dividend
8.04%
EV/EBITDA
8.80
P/E
12.58
EV/Sales
1.58
Sector
Oil, Gas and Consumable Fuels
Category
value
Show full summary:
Energy Transfer LP: Energy Transfer Continues to Bulk Up Via M&A
ET: Energy Transfer expanding via M&A, $3.1B capex in 2024. Strong Texas power plant connections, data center demand potential. Lake Charles LNG delayed. No moat due to commodity exposure. FV $21, 8x EV/EBITDA. Risks: legal/regulatory, M&A overpaying, interest rates. Poor capital allocation rating.
Read full article (8 min)