Energy Transfer Partners (NYSE:ETP) – Investment analysts at US Capital Advisors boosted their Q2 2018 earnings per share (EPS) estimates for Energy Transfer Partners in a research report issued to clients and investors on Monday, May 14th. US Capital Advisors analyst B. Followill now anticipates that the pipeline company will post earnings per share of $0.22 for the quarter, up from their prior estimate of $0.10. US Capital Advisors also issued estimates for Energy Transfer Partners’ Q3 2018 earnings at $0.27 EPS, Q4 2018 earnings at $0.32 EPS, FY2018 earnings at $1.06 EPS and FY2019 earnings at $1.33 EPS.
Energy Transfer Partners (NYSE:ETP) last posted its quarterly earnings results on Wednesday, May 9th. The pipeline company reported $0.10 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by ($0.11). The company had revenue of $8.28 billion during the quarter, compared to the consensus estimate of $8.84 billion. Energy Transfer Partners had a net margin of 8.24% and a return on equity of 7.22%. Energy Transfer Partners’s quarterly revenue was up 20.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.03 EPS.
NYSE ETP opened at $19.02 on Thursday. The firm has a market capitalization of $21.90 billion, a price-to-earnings ratio of 26.42, a P/E/G ratio of 1.10 and a beta of 0.96. Energy Transfer Partners has a 1 year low of $18.76 and a 1 year high of $18.99. The company has a current ratio of 0.92, a quick ratio of 0.70 and a debt-to-equity ratio of 1.02.
The company also recently announced a quarterly dividend, which was paid on Tuesday, May 15th. Shareholders of record on Monday, May 7th were paid a dividend of $0.565 per share. This represents a $2.26 annualized dividend and a yield of 11.88%. The ex-dividend date was Friday, May 4th. Energy Transfer Partners’s dividend payout ratio (DPR) is currently 313.89%.
In other news, Director Michael K. Grimm bought 4,600 shares of the business’s stock in a transaction on Friday, March 16th. The shares were bought at an average cost of $17.06 per share, with a total value of $78,476.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.17% of the stock is owned by insiders.
Large investors have recently made changes to their positions in the business. Cerebellum GP LLC acquired a new position in shares of Energy Transfer Partners in the fourth quarter worth $127,000. Exane Derivatives increased its stake in shares of Energy Transfer Partners by 15,645.8% in the fourth quarter. Exane Derivatives now owns 7,558 shares of the pipeline company’s stock worth $135,000 after acquiring an additional 7,510 shares during the last quarter. SWS Partners acquired a new position in shares of Energy Transfer Partners in the fourth quarter worth $145,000. Captrust Financial Advisors acquired a new position in shares of Energy Transfer Partners in the fourth quarter worth $152,000. Finally, Smithfield Trust Co. increased its stake in shares of Energy Transfer Partners by 72.6% in the first quarter. Smithfield Trust Co. now owns 9,350 shares of the pipeline company’s stock worth $152,000 after acquiring an additional 3,934 shares during the last quarter. 63.92% of the stock is currently owned by institutional investors.
Energy Transfer Partners Company Profile
Energy Transfer Partners, L.P. engages in the natural gas midstream, and intrastate transportation and storage businesses in the United States. The company's Intrastate Transportation and Storage segment transports natural gas from various natural gas producing areas through connections with other pipeline systems, as well as through its ET Fuel System and HPL System.
Receive News & Ratings for Energy Transfer Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energy Transfer Partners and related companies with MarketBeat.com's FREE daily email newsletter.