Energy Transfer: A Great Coma Stock

Summary

  • Energy Transfer reported lower revenue and earnings per share than expected but increased guidance for the year due to recent acquisitions.
  • Despite falling short of analysts' expectations, the company saw strong profitability metrics across most operating segments.
  • Management expects EBITDA to continue to improve, and the shares offer an upside of up to 89.9% based on valuation comparisons with similar companies.
  • Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More »

Trans Alaska Pipeline, Alaska, Usa

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Just the other day, on August 5th, I wrote an earnings preview article for one of my absolute favorite companies. That happens to be pipeline/midstream firm Energy Transfer LP (NYSE:ET). In that

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This article was written by

34.77K Followers

Daniel is an avid and active professional investor.

He runs Crude Value Insights, a value-oriented newsletter aimed at analyzing the cash flows and assessing the value of companies in the oil and gas space. His primary focus is on finding businesses that are trading at a significant discount to their intrinsic value by employing a combination of Benjamin Graham's investment philosophy and a contrarian approach to the market and the securities therein. Learn more.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of ET either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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