Ratios

		vs industry	vs history
P/E(ttm)	11.00	ETE's P/E(ttm) is ranked lower than 57% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 24.20 vs. ETE: 11.00 )	ETE' s 10-Year P/E(ttm) Range Min: 7.34   Max: 245.27 Current: 11 7.34 245.27
P/B	7.80	ETE's P/B is ranked lower than 93% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 2.10 vs. ETE: 7.80 )	ETE' s 10-Year P/B Range Min: 3.41   Max: 639.6 Current: 7.8 3.41 639.6
P/S	0.60	ETE's P/S is ranked higher than 54% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 1.87 vs. ETE: 0.60 )	ETE' s 10-Year P/S Range Min: 0.32   Max: 1.52 Current: 0.6 0.32 1.52
EV-to-EBIT	22.7	ETE's EV-to-EBIT is ranked lower than 61% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 16.10 vs. ETE: 22.7 )	ETE' s 10-Year EV-to-EBIT Range Min: 9   Max: 26.7 Current: 22.7 9 26.7
PEG	1.2	ETE's PEG is ranked higher than 81% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 2.55 vs. ETE: 1.2 )	ETE' s 10-Year PEG Range Min: 0.74   Max: 5.79 Current: 1.2 0.74 5.79
Shiller P/E	26.3	ETE's Shiller P/E is ranked lower than 67% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 15.10 vs. ETE: 26.3 )	ETE' s 10-Year Shiller P/E Range Min: 19.47   Max: 36.89 Current: 26.3 19.47 36.89

Dividend & Buy Back

		vs industry	vs history
Dividend Yield	4.30	ETE's Dividend Yield is ranked lower than 52% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 5.57 vs. ETE: 4.30 )	ETE' s 10-Year Dividend Yield Range Min: 0.21   Max: 14 Current: 4.3 0.21 14
Dividend Payout	0.6	ETE's Dividend Payout is ranked lower than 67% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 1.16 vs. ETE: 0.6 )	ETE' s 10-Year Dividend Payout Range Min: 0.37   Max: 2.5 Current: 0.6 0.37 2.5
Dividend growth (3y)	4.4	ETE's Dividend growth (3y) is ranked higher than 98% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 4.20 vs. ETE: 4.4 )	ETE' s 10-Year Dividend growth (3y) Range Min: 0   Max: 63.4 Current: 4.4 0 63.4
Yield on cost (5-Year)	5.84	ETE's Yield on cost (5-Year) is ranked lower than 61% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 6.27 vs. ETE: 5.84 )	ETE' s 10-Year Yield on cost (5-Year) Range Min: 0.29   Max: 19 Current: 5.84 0.29 19
Share Buyback Rate	-4.6	ETE's Share Buyback Rate is ranked lower than 52% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: -7.95 vs. ETE: -4.6 )	ETE' s 10-Year Share Buyback Rate Range Min: 4.2   Max: -13.6 Current: -4.6

Valuation & Return

		vs industry	vs history
Price/Net Current Asset Value	5.6	ETE's Price/Net Current Asset Value is ranked higher than 50% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 23.20 vs. ETE: 5.6 )	ETE' s 10-Year Price/Net Current Asset Value Range Min: 4.1   Max: 13.6 Current: 5.6 4.1 13.6
Price/Median PS Value	1	ETE's Price/Median PS Value is ranked higher than 61% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 1.10 vs. ETE: 1 )	ETE' s 10-Year Price/Median PS Value Range Min: 0.4   Max: 1.3 Current: 1 0.4 1.3
Price/Peter Lynch Fair Value	1.1	ETE's Price/Peter Lynch Fair Value is ranked lower than 100% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 1.50 vs. ETE: 1.1 )	ETE' s 10-Year Price/Peter Lynch Fair Value Range Min: 0.8   Max: 3.7 Current: 1.1 0.8 3.7
Earnings Yield (Greenblatt)	4.40	ETE's Earnings Yield (Greenblatt) is ranked higher than 50% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 5.15 vs. ETE: 4.40 )	ETE' s 10-Year Earnings Yield (Greenblatt) Range Min: 3.8   Max: 11.1 Current: 4.4 3.8 11.1
Forward Rate of Return (Yacktman)	6.96	ETE's Forward Rate of Return (Yacktman) is ranked higher than 61% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: -2.87 vs. ETE: 6.96 )	ETE' s 10-Year Forward Rate of Return (Yacktman) Range Min: 4.6   Max: 11.4 Current: 6.96 4.6 11.4

Business Description

Energy Transfer Equity, L.P. was formed in September 2002 and completed its initial public offering on February 2006. The Company is a publicly traded partnership, which owns the general partner of Energy Transfer Partners, L.P. A limited partnership company, which through its wholly owned subsidiaries, owns and operates, natural gas gathering systems, natural gas intrastate pipeline systems and gas processing plants. The midstream operations focus on the gathering, compression, treating, blending, and processing of natural gas, mainly on or through its Southeast Texas System and North Texas System, and marketing activities. It also owns and operates natural gas gathering pipelines and conditioning facilities in the Piceance-Uinta Basin of Colorado and Utah. Revenue is mainly generated by the volumes of natural gas gathered, compressed, treated, processed, transported, purchased and sold through its pipelines (excluding the transportation pipelines) and gathering systems as well as the level of natural gas and NGL prices. The intrastate transportation and storage operations mainly focus on transporting natural gas through its Oasis pipeline, ET Fuel System, East Texas pipeline and HPL System. The intrastate transportation and storage operations also consist of the HPL System which generates revenue mainly from the sale of natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. The use of the Bammel storage reservoir allows it to purchase physical natural gas and then sell financial contracts at a price sufficient to cover its carrying costs and provide a gross profit margin. The HPL System also transports natural gas for a variety of third party customers. The Company's interstate transportation operations focus on natural gas transportation of Transwestern, which owns and operates approximately 2,880 miles of interstate natural gas pipeline extending from Texas through the San Juan Basin to the California border. Transwestern is a major natural gas transporter to the California border and delivers natural gas from the east end of its system to Texas intrastate and Midwest markets. The Transwestern pipeline interconnects with its existing intrastate pipelines in West Texas. The Company's retail propane segment sells propane and propane-related products and services. The HOLP and Titan customer base includes residential, commercial, industrial and agricultural customers. The Company operates in a competitive environment. The Company's operations are subject to extensive federal, state and local environmental laws and regulations that require expenditures for remediation at operating facilities and waste disposal sites.
Company Website
SEC Reports

Industry:	Oil & Gas Midstream
Compare:	WES, ENB, KMP, SE, PAA
Traded in other countries:	48E.Germany

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