ET Stock Recent News
ET LATEST HEADLINES
Energy stocks have surged this year, with Exxon and Energy Transfer outperforming that rally. Exxon has lots of catalysts that could send its stock even higher.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Energy Transfer (ET) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Energy Transfer LP stock is still a buy in my view despite a price near multi-year peak levels. It has a projected EPS annual growth rate of 7%+, which I think is feasible given catalysts like the acquisition of Crestwood Equity Partners. Valuation metrics, including Graham's approach, still suggest that ET is undervalued compared to its market price.
Energy Transfer (ET) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Energy Transfer LP (ET) closed the most recent trading day at $15.68, moving +0.77% from the previous trading session.
Energy Transfer LP (ET) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Amid supportive energy business, it would be wise for investors to bet on value stocks like Energy Transfer (ET), Transportadora de Gas (TGS) and Helmerich & Payne (HP).
Energy Transfer (ET) makes a strong case for investment in the oil and gas space, given its growth prospects, strong distributions and the expansion of operation through organic and inorganic means.
In the closing of the recent trading day, Energy Transfer LP (ET) stood at $15.10, denoting a +0.6% change from the preceding trading day.