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Energy Transfer LP (Energy Transfer LP) Capex-to-Operating-Income : 0.33 (As of Dec. 2023)


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What is Energy Transfer LP Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Energy Transfer LP's Capital Expenditure for the three months ended in Dec. 2023 was $-704.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was $2,165.00 Mil.

Hence, Energy Transfer LP's Capex-to-Operating-Income for the three months ended in Dec. 2023 was 0.33.


Energy Transfer LP Capex-to-Operating-Income Historical Data

The historical data trend for Energy Transfer LP's Capex-to-Operating-Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Energy Transfer LP Capex-to-Operating-Income Chart

Energy Transfer LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.88 0.32 0.42 0.38

Energy Transfer LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.41 0.48 0.31 0.33

Competitive Comparison of Energy Transfer LP's Capex-to-Operating-Income

For the Oil & Gas Midstream subindustry, Energy Transfer LP's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Energy Transfer LP's Capex-to-Operating-Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Energy Transfer LP's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Energy Transfer LP's Capex-to-Operating-Income falls into.



Energy Transfer LP Capex-to-Operating-Income Calculation

Energy Transfer LP's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-3134) / 8307
=0.38

Energy Transfer LP's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-704) / 2165
=0.33

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Energy Transfer LP  (NYSE:ET) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


Energy Transfer LP Capex-to-Operating-Income Related Terms

Thank you for viewing the detailed overview of Energy Transfer LP's Capex-to-Operating-Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Energy Transfer LP (Energy Transfer LP) Business Description

Industry
Traded in Other Exchanges
Address
8111 Westchester Drive, Suite 600, Dallas, TX, USA, 75225
Energy Transfer owns a large platform of crude oil, natural gas, and natural gas liquid assets primarily in Texas and the U.S. midcontinent region. It also has gathering and processing facilities, one of the largest fractionation facilities in the U.S., and fuel distribution. Energy Transfer also owns the Lake Charles gas liquefaction facility. It combined its publicly traded limited and general partnerships in October 2018.
Executives
Mccrea Marshall S Iii director, officer: See Remarks
Thomas P Mason officer: EVP and General Counsel 3738 OAK LAWN AVE, DALLAS TX 75219
Bradford D. Whitehurst officer: CFO 100 CONGRESS AVENUE, SUITE 450, AUSTIN TX 78701
Kelcy L Warren director, 10 percent owner
Richard D Brannon director C/O CH4 ENERGY SIX, LLC, 5128 APACHE PLUME ROAD, SUITE 300, FORT WORTH TX 76109
James M. Wright officer: EVP, GC & CCO 1300 MAIN STREET, HOUSTON TX 77002
Dylan Bramhall officer: EVP & Group CFO 8111 WESTCHESTER DRIVE, SUITE 600, DALLAS TX 75225
Michael K Grimm director 3141 HOOD STREET, SUITE 350, DALLAS TX 75219
Thomas E Long officer: Chief Financial Officer 370 17TH STREET, SUITE 2775, DENVER CO 80202
Matthew S. Ramsey director 6002 DEERWOOD, HOUSTON TX 77057
Ray C Davis director 5950 SHERRY LANE, SUITE 550, DALLAS TX 75225
Ray W Washburne director 47 HIGHLAND PARK VILLAGE, SUITE 200, DALLAS TX 75205
James Richard Perry director 1108 LAVACA, SUITE 110 #143, AUSTIN TX 78701
Troy Sturrock officer: SVP & Controller 1039 NORTH OAK CLIFF BOULEVARD, DALLAS TX 75208
Steven R. Anderson director 1818 MARKET STREET, SUITE 1500, PHILADELPHIA PA 19103