In the past decade, Energy Transfer has built itself into one of the largest midstream energy companies with an enviable network of natural gas infrastructure, primarily in Texas and the U.S. midcontinent region. Energy Transfer has both contributed to and benefited from the U.S. shale oil and gas boom.
Energy Transfer's consolidation in October 2018 reduced the company's cost of capital and helped fund its growth projects over the last few years.
A long-running legal battle threatens to halt operations on the Dakota Access pipeline, demonstrating the substantial legal and regulatory risk Energy Transfer faces.
|
Metric
|
ET
|
KMI
|
WMB
|
|---|---|---|---|
Price/Earnings (Normalized) | 12.78 | 16.93 | 20.30 |
Price/Book Value | 1.77 | 1.37 | 3.81 |
Price/Sales | 0.64 | 2.74 | 4.35 |
Price/Cash Flow | 5.04 | 6.65 | 8.11 |
|
Metric
|
ET
|
KMI
|
WMB
|
|---|---|---|---|
Quick Ratio | 0.83 | 0.33 | 0.65 |
Current Ratio | 1.10 | 0.50 | 0.77 |
Interest Coverage | 3.17 | 2.80 | 4.50 |
|
Metric
|
ET
|
KMI
|
WMB
|
|---|---|---|---|
Return on Assets (Normalized) | 5.62% | 3.46% | 4.67% |
Return on Equity (Normalized) | 21.72% | 7.89% | 19.77% |
Return on Invested Capital (Normalized) | 9.25% | 6.00% | 8.25% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
ENB
| Enbridge Inc | Knzwljbx | Bjyzfy | $75.1 Bil | |
EPD
| Enterprise Products Partners LP | Ytprysysg | Dhcvt | $63.0 Bil | |
WMB
| Williams Companies Inc | Xlshltgc | Vwfsj | $47.1 Bil | |
OKE
| ONEOK Inc | Dgfqmxlzf | Mmbyptr | $46.9 Bil | |
MPLX
| MPLX LP Partnership Units | Yklpfswzc | Dxrdgh | $42.2 Bil | |
KMI
| Kinder Morgan Inc Class P | Hdnkhxpj | Vdxxhm | $41.7 Bil | |
TRP
| TC Energy Corp | Qfzjvkk | Fljxgm | $37.3 Bil | |
LNG
| Cheniere Energy Inc | Vqjsjxgt | Vshpm | $36.3 Bil | |
TRGP
| Targa Resources Corp | Fvxjbsljw | Tqgxh | $26.0 Bil |
:quality(80)/s3.amazonaws.com/arc-authors/morningstar/efa3b691-314a-4c23-8933-a09951d6793b.jpg)