Energy Transfer Sees Q4 Revenue Up 33.2% to $26.02 Billion, EPS at $0.34
Energy Transfer’s Q4 revenue is projected at $26.02 billion, a 33.16% year-over-year rise, while consensus earnings are pegged at $0.34 per unit after a 5.56% downward revision. Fee-based contracts generate about 90% of profits, and 1.4 million barrels-per-day export capacity should underpin stable midstream cash flows.
1. Q4 Estimates
Analyst consensus forecasts Q4 revenue at $26.02 billion, a 33.16% year-over-year increase, with earnings of $0.34 per unit. Consensus EPS estimates have been revised down 5.56% in the last 60 days and Earnings ESP stands at -1.07%, signaling limited beat potential.
2. Operational Drivers
Fee-based contracts are expected to contribute approximately 90% of Q4 earnings, offering stable cash flows. Long-term natural gas supply agreements, recent processing plant startups and 1.4 million barrels-per-day export capacity are likely to bolster midstream performance.
3. Valuation and Performance
Energy Transfer trades at a trailing EV/EBITDA multiple of 9.38x versus the sector average of 11.27x, suggesting relative undervaluation. Units have gained 5.1% over the past six months, underperforming the industry’s 9% rise, as investors await Q4 results.