Media headlines about Energy Transfer Equity (NYSE:ETE) have been trending positive recently, AlphaOne Sentiment Analysis reports. The research group, a service of Accern, identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Energy Transfer Equity earned a coverage optimism score of 0.26 on AlphaOne’s scale. AlphaOne also assigned news articles about the pipeline company an impact score of 79 out of 100, indicating that recent news coverage is likely to have an impact on the company’s share price in the next few days.

Here are some of the news articles that may have impacted AlphaOne Sentiment’s analysis:

Several research firms recently weighed in on ETE. Vetr raised shares of Energy Transfer Equity from a “buy” rating to a “strong-buy” rating and set a $22.54 price objective for the company in a research report on Thursday, February 9th. Zacks Investment Research cut shares of Energy Transfer Equity from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 26th. Sanford C. Bernstein started coverage on shares of Energy Transfer Equity in a report on Tuesday. They issued a “market perform” rating for the company. Royal Bank of Canada reissued a “buy” rating and issued a $22.00 target price on shares of Energy Transfer Equity in a report on Friday, March 17th. Finally, US Capital Advisors reaffirmed a “hold” rating on shares of Energy Transfer Equity in a research note on Friday, April 7th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $20.38.

Shares of Energy Transfer Equity (NYSE:ETE) traded up 2.39% during trading on Friday, hitting $18.40. The company had a trading volume of 1,771,004 shares. The company’s 50 day moving average is $18.62 and its 200 day moving average is $18.19. The firm has a market capitalization of $19.86 billion, a P/E ratio of 22.09 and a beta of 1.86. Energy Transfer Equity has a 1-year low of $10.56 and a 1-year high of $20.05.

Energy Transfer Equity (NYSE:ETE) last issued its quarterly earnings data on Wednesday, February 22nd. The pipeline company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by $0.04. The firm had revenue of $10.80 billion for the quarter, compared to analysts’ expectations of $10.15 billion. Energy Transfer Equity had a return on equity of 6.10% and a net margin of 2.94%. The business’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.30 EPS. Analysts anticipate that Energy Transfer Equity will post $1.23 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, May 19th. Investors of record on Wednesday, May 10th will be issued a dividend of $0.285 per share. This represents a $1.14 dividend on an annualized basis and a dividend yield of 6.34%. The ex-dividend date is Monday, May 8th. Energy Transfer Equity’s dividend payout ratio is currently 111.77%.

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About Energy Transfer Equity

Energy Transfer Equity, L.P. (ETE) owns equity interests in Energy Transfer Partners, L.P. (ETP) and Sunoco LP, which are engaged in diversified energy-related services. The Company’s segments include Investment in ETP, including the consolidated operations of ETP; Investment in Sunoco LP, including the consolidated operations of Sunoco LP; Investment in Lake Charles LNG, including the operations of Lake Charles LNG, and Corporate and Other.

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