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 sees MACD Histogram just turned negative
ET saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on May 30, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 52 instances where the indicator turned negative. In of the 52 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on May 28, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on ET as a result. In of 89 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
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 of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
ET moved above its 50-day moving average on May 12, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for ET crossed bullishly above the 50-day moving average on May 19, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ET advanced for three days, in of 368 cases, the price rose further within the following month. The odds of a continued upward trend are .
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 of 310 cases where ET Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 56, placing this stock better than average.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly 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 (1.441) is normal, around the industry mean (47.044). P/E Ratio (14.394) is within average values for comparable stocks, (16.347). Projected Growth (PEG Ratio) (0.588) is also within normal values, averaging (2.837). Dividend Yield (0.079) settles around the average of (0.069) among similar stocks. P/S Ratio (0.634) is also within normal values, averaging (2.994).
The Tickeron Price Growth Rating for this company is (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 (best 1 - 100 worst), indicating strong sales and a 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.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average 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.
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General Information
a provider of natural gas pipeline transportation and transmission services
Industry OilGasPipelines