Energy Transfer is set to release its quarterly earnings on August 7th, 2024. Analysts anticipate an earnings per share (EPS) of $0.36, but investors will be keen to see if the company surpasses estimates and provides positive guidance for the next quarter. This analysis delves into Energy Transfer’s past performance, analyst sentiment, and key financial metrics to help investors understand what to expect.
Energy Transfer LP (ET) units have experienced significant growth this year, outperforming both its industry and the S&P 500. The company’s extensive pipeline network, strategic acquisitions, and focus on NGL exports position it favorably within the energy midstream sector. Additionally, increasing insider ownership and positive earnings estimates signal strong future prospects for the company.
