Energy Transfer Operating, L.P.
Industrials · Pipe Lines (No Natural Gas) · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|---|
| Revenue | $11.63B | $13.12B | $54.09B | $40.52B | $9.66B | $34.29B |
| Operating income | $65.0M | $1.87B | $5.46B | $2.77B | $775.0M | $2.23B |
| Net income | −$142.0M | $4.01B | $3.08B | $2.08B | $288.0M | $1.39B |
| Total assets | $96.74B | $102.29B | $88.61B | $86.48B | $78.98B | $65.13B |
| Total liabilities | — | — | — | — | $9.84B | $7.63B |
| Equity | $32.95B | $37.42B | $36.79B | $37.08B | $8.66B | $7.52B |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 0 | 0 | 0 | — | — | 229.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2020- Operating margin
- 0.6%
- Net margin
- −1.2%
- Return on equity
- −0.4%
- Return on assets
- −0.1%
- Return on capital (ROCE)
- 0.1%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- −11.4%
- Net income growth (YoY)
- −103.5%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2020- Accruals / assets
- −8.3%clean
- Piotroski F-Score
- 4/8mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 2 warning● 3 good- Reported a net loss
- Revenue declined year-over-year
- Operating margin is positive
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Energy Transfer Lp10% owner | Jul 30, 2019 | Conversion | 6.4M | — |
| Grimm Michael KDirector | Oct 19, 2018 | D | 77,074 | — |
| Long Thomas EOfficer — Chief Financial Officer | Oct 19, 2018 | D | 174,625 | — |
| Sturrock TroyOfficer — SVP & Controller | Oct 19, 2018 | D | 79,320 | — |
| Wright James M.Officer — General Counsel & Asst. Sec | Oct 19, 2018 | D | 163,835 | — |
| Smith W BrettDirector | Oct 19, 2018 | D | 17,300 | — |
| Skidmore David KDirector | Oct 19, 2018 | D | 56,135 | — |
| Ramsey Matthew S.Officer — President & COO | Oct 19, 2018 | D | 21,555 | — |
| Mccrea Marshall S IiiOfficer — Chief Commercial Officer | Oct 19, 2018 | D | 1.1M | — |
| Warren Kelcy LOfficer — Chief Executive Officer | Oct 19, 2018 | D | 4.3M | — |
| Long Thomas EOfficer — Chief Financial Officer | Sep 14, 2018 | Buy | 10,000 | $22.33 |
| Warren Kelcy LOfficer — Chief Executive Officer | Sep 7, 2018 | Buy | 366,446 | $22.11 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Completed an acquisition or disposition · Delisting / listing-standard noticeApr 2, 2021
- Entered a material agreementMar 5, 2021
- Regulation FD disclosureFeb 17, 2021
- Director / officer changeJan 12, 2021
- Regulation FD disclosureJan 11, 2021
- Regulation FD disclosureDec 7, 2020
- Entered a material agreement · New financial obligationNov 19, 2020
- Regulation FD disclosureNov 17, 2020
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (2)
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