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Regional settings| Spread | 0.09 | ||||
 Long position overnight feeLong position overnight fee
Trade size with leverage ~ US$5,000.00 Short position overnight fee ~ US$4,000.00 | -0.026179% | ||||
| Short position overnight fee Short position overnight fee
Trade size with leverage ~ US$5,000.00 Short position overnight fee ~ US$4,000.00 | 0.003957% | ||||
| Overnight fee time | 21:00 (UTC) | ||||
| Currency | USD | ||||
| Min traded quantity | 1 | ||||
| Margin | 20 | ||||
| Stock exchange | United States of America | ||||
| Commission on trade1 | 0% |
Information_provided_by_capital
1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information
| Prev. Close | 15.82 |
| Open | 15.78 |
| 1-Year Change | 24.84% |
| Day's Range | 15.73 - 15.91 |
Energy Transfer began operations in 1996 as an intrastate natural gas pipeline. Since then it has grown to become one of the largest, diversified limited partnership entities in the US. It was recognised by Forbes as one of America’s Best Large Employers in 2021 for the third consecutive year.
With approximately 120,000 miles of pipelines, Energy Transfer holds an energy portfolio across 41 states. On 1 March 2022, in an attempt to expand its footprint in US markets and reduce debt obligations, the company agreed to sell 51% of its interest in Energy Transfer Canada to a joint venture of infrastructure funds, which included the Pembina Pipeline Corporation.
In a press release, the company mentioned that the sale was expected to generate cash proceeds of approximately $270m, subject to certain purchase price adjustments. The transaction is expected to close by Q3 2022 and would enhance the company’s financial flexibility in deepening its hold within the American markets.
In another strategic move, Energy Transfer completed a $325m bolt-on acquisition in relation to underground storage assets and an ethylene storage header, which further boosts its position in Texas cities of Nederland and Mont Belvieu.
