|Bid||21.39 x 4000|
|Ask||25.00 x 1000|
|Day's Range||22.92 - 23.70|
|52 Week Range||22.92 - 23.70|
|Beta (5Y Monthly)||2.06|
|PE Ratio (TTM)||12.85|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Recently, Zacks.com users have been paying close attention to Energy Transfer LP (ET). This makes it worthwhile to examine what the stock has in store.
Energy Transfer (NYSE: ET) is already one of the most diversified midstream companies in the country. The master limited partnership (MLP) has assets up and down the oil and natural gas value chain, providing a full range of services from the wellhead to the water. One potential new source of growth it's exploring is expanding into the petrochemical industry.
The consensus price target hints at a 33.1% upside potential for Energy Transfer LP (ET). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.