The latest trading session saw Energy Transfer LP (ET) ending at $19.73, denoting a +1.23% adjustment from its last day's close. This move outpaced the S&P 500's daily gain of 0.16%. At the same time, the Dow added 0.25%, and the tech-heavy Nasdaq lost 0.06%.

The energy-related services provider's stock has climbed by 2.87% in the past month, exceeding the Oils-Energy sector's loss of 11.11% and the S&P 500's loss of 2.7%.

The upcoming earnings release of Energy Transfer LP will be of great interest to investors. The company's earnings report is expected on February 11, 2025. The company is forecasted to report an EPS of $0.36, showcasing a 2.7% downward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $24.26 billion, reflecting a 18.15% rise from the equivalent quarter last year.

Investors should also note any recent changes to analyst estimates for Energy Transfer LP. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Energy Transfer LP is holding a Zacks Rank of #3 (Hold) right now.

In terms of valuation, Energy Transfer LP is currently trading at a Forward P/E ratio of 13.39. This indicates a discount in contrast to its industry's Forward P/E of 13.48.

Meanwhile, ET's PEG ratio is currently 0.58. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the Oil and Gas - Production Pipeline - MLB industry stood at 1.46 at the close of the market yesterday.

The Oil and Gas - Production Pipeline - MLB industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 52, positioning it in the top 21% of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.