Energy Transfer Equity, L.P. (ETE) Analysts See $0.57 EPS

October 13, 2018 - By olga

Investors sentiment decreased to 0.85 in 2018 Q2. Its down 0.07, from 0.92 in 2018Q1. It dived, as 23 investors sold Energy Transfer Equity, L.P. shares while 100 reduced holdings. 33 funds opened positions while 72 raised stakes. 476.76 million shares or 0.06% less from 477.05 million shares in 2018Q1 were reported.
Linscomb Williams Inc has 33,210 shares. Beach Limited Liability Com owns 59,250 shares. Moreover, Chickasaw Cap Ltd Liability Corporation has 8.56% invested in Energy Transfer Equity, L.P. (NYSE:ETE). Wealthtrust reported 0% stake. Cv Starr And Com Inc Trust has invested 4.78% in Energy Transfer Equity, L.P. (NYSE:ETE). 2,600 were accumulated by Synovus Fincl Corporation. Penn Davis Mcfarland invested 0.09% in Energy Transfer Equity, L.P. (NYSE:ETE). Johnson Inv Counsel has 0% invested in Energy Transfer Equity, L.P. (NYSE:ETE) for 10,463 shares. Us Retail Bank De holds 190,031 shares or 0.01% of its portfolio. Gofen Glossberg Ltd Llc Il invested 0.01% of its portfolio in Energy Transfer Equity, L.P. (NYSE:ETE). Moreover, Telemus Cap Ltd Liability Corp has 0.05% invested in Energy Transfer Equity, L.P. (NYSE:ETE). Nbw Capital has invested 2.22% in Energy Transfer Equity, L.P. (NYSE:ETE). Blackrock reported 82,674 shares. 38,459 are held by Peak6 Investments L P. 28,378 were reported by Private Advisor Group Limited Liability.

Since September 6, 2018, it had 2 buys, and 0 insider sales for $2.21 million activity.

Analysts expect Energy Transfer Equity, L.P. (NYSE:ETE) to report $0.57 EPS on November, 6.They anticipate $0.35 EPS change or 159.09 % from last quarter’s $0.22 EPS. ETE’s profit would be $661.41 million giving it 7.46 P/E if the $0.57 EPS is correct. After having $0.33 EPS previously, Energy Transfer Equity, L.P.’s analysts see 72.73 % EPS growth. The stock increased 1.67% or $0.28 during the last trading session, reaching $17.01. About 6.82 million shares traded or 13.78% up from the average. Energy Transfer Equity, L.P. (NYSE:ETE) has declined 0.11% since October 14, 2017 and is downtrending. It has underperformed by 15.73% the S&P500.

Energy Transfer Equity, L.P. (NYSE:ETE) Ratings Coverage

Among 5 analysts covering Energy Transfer Equity (NYSE:ETE), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Energy Transfer Equity had 5 analyst reports since May 17, 2018 according to SRatingsIntel. The rating was upgraded by Bank of America on Thursday, May 17 to “Buy”. The rating was maintained by Morgan Stanley with “Overweight” on Friday, August 3. The company was upgraded on Thursday, August 2 by Stephens.

Energy Transfer Equity, L.P. provides diversified energy-related services in the United States. The company has market cap of $19.74 billion. 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. It has a 16.17 P/E ratio. The firm sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies.

More recent Energy Transfer Equity, L.P. (NYSE:ETE) news were published by: Seekingalpha.com which released: “Time to buy Kinder Morgan and other MLPs, Goldman analyst says” on October 10, 2018. Also Investorplace.com published the news titled: “7 Master Limited Partnerships to Buy Despite Rising Rates” on October 12, 2018. Seekingalpha.com‘s news article titled: “Playing a split Congress” with publication date: October 08, 2018 was also an interesting one.

Energy Transfer Equity, L.P. (NYSE:ETE) Institutional Positions Chart

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