On the stock market since 1996, it operates in the world of energy. Now — the numbers.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
Average growth of 16% a year over the last 4 years. Red columns mark years that ended in a loss.
Before the clock runs out, either sales must climb sharply or new money must come in. For now, time is on the company’s side.
The stock trades below its recent peak — about 15% off the top. A pullback, not a collapse.
Over the last 3 years, sales grew about 10% a year on average.
It pays out $0.69 per share each year — regular cash for whoever holds the stock.
A loss of $142M against $39.0B in annual sales. And on top of that, sales fell from the year before.
On our five-subject report card, ETP sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: ETP has solid sales but closed last year at a loss. The road back to profit runs through spending discipline.