Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Energy Transfer's third quarter of 2024 results reveal several positive developments alongside some challenges, reflecting a complex operating environment.</li><li>Financially, Energy Transfer generated an adjusted EBITDA of $3.96 billion compared to $3.54 billion in the same quarter of the previous year, indicating growth driven by record volumes across its pipelines and strong performance in crude and NGL exports.</li><li>Despite the improved EBITDA, distributable cash flow attributable to partners remained flat at $1.99 billion year-over-year.</li></ul>

Energy Transfer's third quarter of 2024 results reveal several positive developments alongside some challenges, reflecting a complex operating environment.Financially, Energy Transfer generated an adjusted EBITDA of $3.96 billion compared to $3.54 billion in the same quarter of the previous year, indicating growth driven by record volumes across its pipelines and strong performance in crude and NGL exports.Despite the improved EBITDA, distributable cash flow attributable to partners remained flat at $1.99 billion year-over-year.

Energy Transfer LP: Can Its Expansion of Infrastructure & Capacity Be A Potential Game Changer? - Major Drivers

<ul><li>Energy Transfer's Q2 2024 earnings report reveals a company navigating complex operational landscapes with a mixture of robust results and strategic adjustments, providing a broad perspective on its strengths and challenges as it plans forward.</li><li>The company reported a noticeable rise in their financial and operational metrics indicating vital signs of growth.</li><li>However, certain segments experienced downturns that could suggest areas requiring attention for future stability and improvement.</li></ul>

Energy Transfer's Q2 2024 earnings report reveals a company navigating complex operational landscapes with a mixture of robust results and strategic adjustments, providing a broad perspective on its strengths and challenges as it plans forward.The company reported a noticeable rise in their financial and operational metrics indicating vital signs of growth.However, certain segments experienced downturns that could suggest areas requiring attention for future stability and improvement.

Energy Transfer LP: Expansion of Energy Transfer's Export Terminals & Other Major Developments! - Key Drivers

<ul><li>Energy Transfer LP reported robust financial results for the first quarter of 2024, generating an adjusted EBITDA of $3.9 billion, an increase from $3.4 billion in the same period of 2023.</li><li>Distributable cash flow (DCF) attributable to partners was $2.4 billion, compared to $2 billion in the prior year, resulting in excess cash flow after distributions of $1.3 billion.</li><li>The company announced a quarterly cash distribution of $0.3175 per common unit, up 3.3% from the previous year.</li></ul>

Energy Transfer LP reported robust financial results for the first quarter of 2024, generating an adjusted EBITDA of $3.9 billion, an increase from $3.4 billion in the same period of 2023.Distributable cash flow (DCF) attributable to partners was $2.4 billion, compared to $2 billion in the prior year, resulting in excess cash flow after distributions of $1.3 billion.The company announced a quarterly cash distribution of $0.3175 per common unit, up 3.3% from the previous year.

Energy Transfer LP: Synergy Capture from Crestwood Acquisition & Other Major Drivers

<ul><li>Energy Transfer LP reported a transformative year, marking significant changes across the organization and its global workforce of 22,000.</li><li>The company successfully established itself as an independent public entity while maintaining a trajectory of profitable growth.</li><li>The year saw a 5% organic growth, evenly distributed across all business segments and geographic regions, highlighting its broad-based growth capabilities.</li></ul>

Energy Transfer LP reported a transformative year, marking significant changes across the organization and its global workforce of 22,000.The company successfully established itself as an independent public entity while maintaining a trajectory of profitable growth.The year saw a 5% organic growth, evenly distributed across all business segments and geographic regions, highlighting its broad-based growth capabilities.

Energy Transfer LP: A Deep Dive Analysis Of Its Competitive Advantage Amidst The Current Volatility!- Major Drivers

<ul><li>In the Second Quarter Fiscal 2024 Earnings Conference Call, Bill.com recorded robust profitable growth despite a challenging macro environment as small and medium-sized businesses (SMBs) continue to manage their spending cautiously.</li><li>The company reported year-over-year revenue growth of 22%, non-GAAP net income growth of 48%, and a non-GAAP net income margin of 23%.</li><li>It sees prospects for further growth once SMBs begin spending for expansion.</li></ul>

In the Second Quarter Fiscal 2024 Earnings Conference Call, Bill.com recorded robust profitable growth despite a challenging macro environment as small and medium-sized businesses (SMBs) continue to manage their spending cautiously.The company reported year-over-year revenue growth of 22%, non-GAAP net income growth of 48%, and a non-GAAP net income margin of 23%.It sees prospects for further growth once SMBs begin spending for expansion.

United States

Energy Transfer LP owns and operates a portfolio of energy assets. The Company engages in the operations such as transportation, storage and terminalling, crude oil, NGLs, refined products, and liquid natural gas. Energy Transfer serves customers in the United States.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Energy Transfer LP (ET US)

Energy Transfer LP: Can Its Expansion of Infrastructure & Capacity Be A Potential Game Changer? - Major Drivers

Energy Transfer's third quarter of 2024 results reveal several positive developments alongside some challenges, reflecting a complex operating...

Baptista Research

Energy Transfer LP: Expansion of Energy Transfer's Export Terminals & Other Major Developments! - Key Drivers

Energy Transfer's Q2 2024 earnings report reveals a company navigating complex operational landscapes with a mixture of robust results and...

Baptista Research

Energy Transfer LP: Synergy Capture from Crestwood Acquisition & Other Major Drivers

Energy Transfer LP reported robust financial results for the first quarter of 2024, generating an adjusted EBITDA of $3.9 billion, an increase...

Baptista Research

Energy Transfer LP: A Deep Dive Analysis Of Its Competitive Advantage Amidst The Current Volatility!- Major Drivers

Energy Transfer LP reported a transformative year, marking significant changes across the organization and its global workforce of 22,000. The...

Baptista Research

Energy Transfer LP: A Deep Dive Analysis Of Its Competitive Advantage Amidst The Current Volatility!- Major Drivers

In the Second Quarter Fiscal 2024 Earnings Conference Call, Bill.com recorded robust profitable growth despite a challenging macro environment as...

Baptista Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)