Why Buying The Energy Transfer LP (NYSE: ET) Stock Today Might Make Sense

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Energy Transfer LP (NYSE:ET) traded at $17.56 at last check on current trade day and made an upward move of 0.44% on its previous day’s price.

Looking at the stock we see that its previous close was $17.48 and the beta (5Y monthly) reads 0.753 with the day’s price range being $17.405 – $17.61. The company has a trailing 12-month PE ratio of 13.22. In terms of its 52-week price range, ET has a high of $21.45 and a low of $14.60. The company’s stock has gained about 6.21% over that past 30 days.

Energy Transfer LP has a market cap of $60.25 billion and is expected to release its quarterly earnings report on 2025-May-05. With its Forward Dividend at 1.30 and a yield of 7.38%, the company’s investors could be anxious for the ET stock to gain ahead of the earnings release.

Based on estimates by 7 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Energy Transfer LP (ET) stock as a Hold, while 6 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.

Looking further, we note that the PEG ratio for the ET stock currently stands at 1.52, and the most recent price level today is 0.02% off its SMA20 and 0.63% from its 50-day simple moving average. The RSI (14) is pointing at 49.73 while the volatility over the past week is 0.78% and jumps to 2.15% over the past one month. The beta value is 0.75, while the average true range (ATR) is currently pointing at 0.43. The average price target for the stock over the next 12 months is $22.5, with the estimates having a low of $22 and a high of $23. These price ends are -25.28% and -30.98% off the today’s price level respectively, although investors could be excited at the prospect of a -28.13% if the ET share price touches on the median price of $22.5.

Coming back to Energy Transfer LP (NYSE:ET), we note that the average 3-month trading volume was 16.44 million, while that of the preceding 10-day period stands at 9.69 million. Current shares outstanding are 3.43 billion.

The insiders hold 9.28% of the company’s shares while institutions hold 30.14%. The data shows that short shares as of 2025-05-15, stood at 30.58 million at a short ratio of 1.99. This represents a 99.00 short interest in shares outstanding on 2025-05-15. Shares short rose in May from the previous month at 27.86 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -10.38% down in year-to-date price movement.

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