Shares of Energy Transfer LP (ET) have traded between $10.84 – 15.98. The next earnings date is set for Feb 19, 2020. Let’s see how its prospects are shaping up.
What does Energy Transfer LP(ET) do?
Energy Transfer LP provides natural gas pipeline transportation and transmission services. It operates through following segments: Investment in ETP, Investment in Sunoco LP, Investment in Lake Charles LNG, and Corporate and Other. The Investment in ETP segment engages in the gathering and processing, compression, treating and transportation of natural gas, focusing on providing midstream services in some of the most prolific natural gas producing regions in the United States, including the Eagle Ford, Haynesville, Barnett, Fayetteville, Marcellus, Utica, Bone Spring and Avalon shales. The Investment in Sunoco LP segment is engaged in the wholesale distribution of motor fuels to convenience stores, independent dealers, commercial customers, and distributors, as well as the retail sale of motor fuels and merchandise through Sunoco LP operated convenience stores and retail fuel sites. The Investment in Lake Charles LNG segment is engaged in interstate commerce and is subject to the rules, regulations and accounting requirements of the FERC. The Corporate and Other segment engages in the activities of the parent company. Energy Transfer was founded in September 2002 and is headquartered in Dallas, TX.
ET Insider Trading Insight
On 2019-12-17, Brannon Richard D Dir purchased 100,000 shares of ET. That represents a value of $288,932. Not to be outdone, on 2019-11-19, Warren Kelcy L P – Purchase bought3,969,224 shares of ET. These insiders are clearly in the know because they work closely with the company.
The TRIP Consensus Price Target
The mean recommendation of TripAdvisor, Inc. from top Wall Street analysts is a Hold. That is based on 1 analysts who work on the Street. Based on 18 analysts offering 12 month price targets for TripAdvisor in the last 3 months. The average price target is $37.61 with a high forecast of $63.00 and a low forecast of $26.00. The average price target represents a 21.40% increase from the last price of $30.98. Last week, several articles were published in financial papers about TRIP and 37% Bearish while 63% Bullish.
TRIP Intraday Trading
TRIP is due to report earnings on Feb 12, 2020. In the last year the price has ranged from 27.66 – 60.91. Recently, Halpin Dermot sold 3,409 shares of TRIP. He is a $537,841 shareholder in TRIP.
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