Energy Transfer Partners Earnings Preview: Analysts Expect Rising Revenue

Energy Transfer Partners ETP announces its next round of earnings this Wednesday, August 3, 2011. Here's Benzinga's advanced look at Energy Transfer Partners' second quarter earnings report.

Earnings and Revenue:

Ahead of the company's earnings announcement, analysts are expecting a positive EPS reading of 30 cents per share and revenues of $1.79 billion. Energy Transfer Partners' latest numbers will no doubt be compared with the company's year-ago quarter, when it reported an EPS of 3 cents per share on revenues of $1.27 billion. Can Energy Transfer Partners manage the estimated 40.9% increase in revenues from the year-ago quarter as analysts are predicting? We'll have to wait until Wednesday to find out.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance:

At last check, shares of Energy Transfer Partners were trading at $46.52. Since January 1st, shares of Energy Transfer Partners have declined 7.2%.

Average Stock Rating:

The average rating by analysts for Energy Transfer Partners is a Hold.

Competitors:

Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of Energy Transfer Partners' peers.

• Copano Energy, L.L.C CPNO: Hold with a -$0.07 recent quarter EPS
• DCP Midstream Partners DPM: Hold with a $0.54 recent quarter EPS
• Crestwood Midstream Partners (CMLP): Moderate Buy with a $0.33 recent quarter EPS
• Duncan Energy Partners L.P (DEP): Hold with a $0.39 recent quarter EPS

The oil/gas production pipeline company's industry has seen price/earnings growth of 5.6% during the current fiscal year.

Finally, a description of the company's main areas of operation: Energy Transfer Partners is a publicly traded partnership owning and operating a portfolio of energy assets.

Take Action:

There is your peek into Energy Transfer Partners' upcoming earnings numbers, including some competitors to watch around the time of the announcement. Check back in with us after the announcement for a full recap of the announcement. In the meantime, here are some links to explore today.

• To see up-to-date news on Energy Transfer Partners, click here
• To see other trading ideas, click here
• To see other company earnings recaps, click here