Energy Transfer (ET, $25.14) Misses Analyst’s Estimates but Hits Record
The Fortune 500 natural gas and propane company, Energy Transfer Partners, on Wednesday announced their Q3 2018 earnings report where it reported a Q3 GAAP EPS of $0.32. missing analysts estimates by $0.10.
But the adjusted EBITDA of ET totaled a record $2.58 billion, while revenues jumped 45% on a y-o-y basis to $14.5 billion for the quarter, beating the estimate by $1.37 billion. The adjusted EBIDTA was up more than 30% with an increase of $628 million compared to the three months ended September 30, 2017.
ET's net income stood at $371 million, up ~47% with an increase of $119 million compared to the three months ended September 30, 2017. Like the adjusted EBIDTA, distributable cash flow attributable to partners increased by 27% on a y-o-y basis to a record $1.38 billion, with distribution coverage of 1.73x compared to 1.59x in the year-ago quarter.
The company in its comments added that sustained growth in all of the Partnership’s core operations, with record operating performance in its crude, NGL, interstate and midstream businesses helped them in achieving such results. Separately, they also announced that their subsidiary Lone Star NGL has embarked on the path of expanding its pipeline network and will add another 352-mile pipeline to the existing one, a seventh natural gas liquids fractionation facility at Mont Belvieu, Tex., scheduled to be operational in Q1 2020.
ET's RSI Oscillator peaks and leaves overbought zone
The 10-day RSI Oscillator for ET moved out of overbought territory on September 11, 2026. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 40 instances where the indicator moved out of the overbought zone. In 22 of the 40 cases the stock moved lower in the days that followed. This puts the odds of a move down at 55%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 15, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on ET as a result. In 30 of 92 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 33%.
The Moving Average Convergence Divergence Histogram (MACD) for ET turned negative on September 01, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 54 similar instances when the indicator turned negative. In 24 of the 54 cases the stock turned lower in the days that followed. This puts the odds of success at 44%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ET declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 37%.
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Following a +1.02% 3-day Advance, the price is estimated to grow further. Considering data from situations where ET advanced for three days, in 194 of 362 cases, the price rose further within the following month. The odds of a continued upward trend are 54%.
ET may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In 181 of 322 cases where ET Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 56%.
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is 7 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 40, placing this stock better than average.
The Tickeron Valuation Rating of 8 (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.057) is normal, around the industry mean (185.792). P/E Ratio (14.459) is within average values for comparable stocks, (24.721). Projected Growth (PEG Ratio) (0.644) is also within normal values, averaging (3.850). Dividend Yield (0.064) settles around the average of (0.050) among similar stocks. P/S Ratio (0.679) is also within normal values, averaging (4.657).
The Tickeron PE Growth Rating for this company is 33 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is 43 (best 1 - 100 worst), indicating steady price growth. ET’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 58 (best 1 - 100 worst), indicating slightly weaker than average sales and a marginally profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
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General Information
a provider of natural gas pipeline transportation and transmission services
Industry OilGasPipelines
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