Energy Transfer LP Unit (NYSE:ET) – Analysts at Jefferies Financial Group lifted their Q1 2019 earnings per share estimates for shares of Energy Transfer LP Unit in a research note issued to investors on Monday, April 15th. Jefferies Financial Group analyst C. Sighinolfi now anticipates that the pipeline company will earn $0.46 per share for the quarter, up from their prior estimate of $0.42. Jefferies Financial Group also issued estimates for Energy Transfer LP Unit’s Q2 2019 earnings at $0.42 EPS, Q3 2019 earnings at $0.13 EPS, Q4 2019 earnings at $0.41 EPS, FY2019 earnings at $1.41 EPS, Q3 2020 earnings at $0.11 EPS, FY2020 earnings at $1.30 EPS, FY2021 earnings at $1.33 EPS and FY2022 earnings at $1.39 EPS.
Energy Transfer LP Unit (NYSE:ET) last announced its quarterly earnings results on Wednesday, February 20th. The pipeline company reported $0.26 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by ($0.04). Energy Transfer LP Unit had a return on equity of 6.15% and a net margin of 3.18%. The company had revenue of $13.57 billion for the quarter, compared to analyst estimates of $14.67 billion. The company’s quarterly revenue was up 18.5% on a year-over-year basis.
Shares of NYSE:ET opened at $15.35 on Wednesday. Energy Transfer LP Unit has a 12 month low of $11.68 and a 12 month high of $19.19. The company has a current ratio of 0.73, a quick ratio of 0.54 and a debt-to-equity ratio of 1.41. The firm has a market cap of $40.36 billion, a P/E ratio of 13.35, a P/E/G ratio of 0.45 and a beta of 1.75.
About Energy Transfer LP Unit
Energy Transfer LP provides diversified energy-related services in the United States. It owns and operates approximately 7,900 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 11,800 miles of interstate natural gas pipelines. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies.
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