Energy Transfer Equity LP Unit (ETE) Earns Daily Media Sentiment Score of 0.10

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News headlines about Energy Transfer Equity LP Unit (NYSE:ETE) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Energy Transfer Equity LP Unit earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave media stories about the pipeline company an impact score of 46.7825304022692 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the news articles that may have effected Accern’s analysis:

Energy Transfer Equity LP Unit stock traded up $0.02 during trading hours on Thursday, reaching $17.47. The company had a trading volume of 1,457,718 shares, compared to its average volume of 5,236,077. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.91 and a quick ratio of 0.65. The stock has a market capitalization of $19.31 billion, a P/E ratio of 14.44 and a beta of 1.89. Energy Transfer Equity LP Unit has a 12-month low of $12.80 and a 12-month high of $19.34.

Energy Transfer Equity LP Unit (NYSE:ETE) last announced its quarterly earnings results on Wednesday, May 9th. The pipeline company reported $0.39 EPS for the quarter, missing the Zacks’ consensus estimate of $0.41 by ($0.02). The company had revenue of $11.88 billion during the quarter, compared to analysts’ expectations of $11.94 billion. Energy Transfer Equity LP Unit had a return on equity of 5.13% and a net margin of 2.56%. Energy Transfer Equity LP Unit’s revenue for the quarter was up 23.0% on a year-over-year basis. During the same period last year, the firm earned $0.21 earnings per share. sell-side analysts expect that Energy Transfer Equity LP Unit will post 1.84 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, May 21st. Shareholders of record on Monday, May 7th were paid a $0.305 dividend. The ex-dividend date of this dividend was Friday, May 4th. This represents a $1.22 dividend on an annualized basis and a yield of 6.98%. Energy Transfer Equity LP Unit’s dividend payout ratio (DPR) is currently 100.83%.

A number of research firms recently weighed in on ETE. Zacks Investment Research downgraded Energy Transfer Equity LP Unit from a “buy” rating to a “hold” rating in a research report on Wednesday, May 16th. Mizuho restated a “buy” rating and issued a $20.00 target price on shares of Energy Transfer Equity LP Unit in a research report on Wednesday, April 11th. Robert W. Baird restated a “buy” rating and issued a $19.00 target price on shares of Energy Transfer Equity LP Unit in a research report on Friday, April 6th. ValuEngine downgraded Energy Transfer Equity LP Unit from a “hold” rating to a “sell” rating in a research report on Friday, April 6th. Finally, Bank of America dropped their target price on Energy Transfer Equity LP Unit from $19.00 to $17.00 and set a “neutral” rating for the company in a research report on Tuesday, March 27th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and twelve have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $20.36.

Energy Transfer Equity LP Unit Company Profile

Energy Transfer Equity, L.P. provides diversified energy-related services in the United States. It owns and operates approximately 7,900 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 11,800 miles of interstate natural gas pipelines.

Insider Buying and Selling by Quarter for Energy Transfer Equity LP Unit (NYSE:ETE)

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