GLOBAL IDEAS: Energy Transfer

Wednesday 20 November 2024

Share Code: ET

Screener/Bundle: Stage Two

Description: Energy Transfer LP engages in natural gas pipeline transportation and transmission services. It operates through the following segments: Intrastate Transportation and Storage, Interstate Transportation and Storage, Midstream, NGL and Refined Products Transportation and Services, Crude Oil Transportation and Services, Investment in Sunoco LP, Investment in USAC, and All Other.

ET was initially picked up via a technical screen on 26 January 2024 at just above $14. Now $17.90.

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Lester Davids

Analyst: Unum Capital