Energy Transfer LP (NYSE:ET)’s traded shares stood at 15.8 million during the last session, with the company’s beta value hitting 1.64. At the close of trading, the stock’s price was $15.53, to imply an increase of 1.97% or $0.3 in intraday trading. The ET share’s 52-week high remains $16.04, putting it -3.28% down since that peak but still an impressive 21.57% since price per share fell to its 52-week low of $12.18. The company has a valuation of $52.30B, with an average of 12.55 million shares over the past 3 months.
Energy Transfer LP (NYSE:ET) trade information
After registering a 1.97% upside in the last session, Energy Transfer LP (ET) has traded red over the past five days. The stock hit a weekly high of 15.87, jumping 1.97% in its intraday price action. The 5-day price performance for the stock is -0.96%, and -0.96% over 30 days. With these gigs, the year-to-date price performance is 12.54%.
Energy Transfer LP (ET) estimates and forecasts
Looking at statistics comparing Energy Transfer LP share performance against respective industry, we note that the company has outperformed competitors. Energy Transfer LP (ET) shares are 12.21% up over the last 6 months, with its year-to-date growth rate higher than industry average at 33.94% against 7.60%.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -0.88% for the past 5-year period. While 2024 is set for a 38.68% return in earnings, projections for the next 5 years are at 8.20% annually.
ET Dividends
Energy Transfer LP has its next earnings report out on May 08. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Energy Transfer LP has a forward dividend ratio of 1.25, with the share yield ticking at 8.02% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
