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Energy Transfer LP (ET)

21.50 +0.06 (+0.28%)
At close: September 4 at 4:00:03 PM EDT
21.52 +0.02 (+0.08%)
After hours: September 4 at 7:57:16 PM EDT
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What's happening with ET?

37m ago
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Energy Transfer LP (ET) has seen a 5.9% increasein shares since its last earnings report, driven by strong performance metrics and upwardly revised guidance. The company continues to expand its natural gas operations, becoming a significant supplier to AI data centers, while maintaining a focus on stable cash flows and distribution growth.

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  • Previous Close 21.44
  • Open 21.38
  • Bid 21.50 x 560000
  • Ask 21.55 x 320000
  • Day's Range 21.25 - 21.55
  • 52 Week Range 16.18 - 21.77
  • Volume 6,005,622
  • Avg. Volume 8,703,598
  • Market Cap (intraday) 74.031B
  • Beta (5Y Monthly) 0.57
  • PE Ratio (TTM) 14.73
  • EPS (TTM) 1.46
  • Earnings Date (est.) Nov 4, 2026
  • Forward Dividend & Yield 1.36 (6.34%)
  • Ex-Dividend Date Aug 7, 2026
  • 1y Target Est 24.56

Energy Transfer LP, together with its subsidiaries, provides energy-related services in the United States. It operates through Intrastate Transportation and Storage; Interstate Transportation and Storage; Midstream; Natural Gas Liquid (NGL) and Refined Products Transportation and Services; Crude Oil Transportation and Services; Investment in Sunoco LP; Investment in USA Compression Partners, LP (USAC); and All Other segments. The company owns and operates natural gas transportation pipelines and storage facilities; and approximately 12,200 miles of intrastate natural gas transportation pipelines and 20,090 miles of interstate natural gas pipelines. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. In addition, the company owns and operates natural gas gathering pipelines, processing plants, and treating and conditioning facilities; and natural gas gathering, compression, treating, dehydration and processing, oil pipeline facilities. Further, it owns 5,700 miles of NGL pipelines; NGL fractionation and storage facilities; and other NGL storage assets and terminals. Additionally, the company provides crude oil transportation, terminalling, trucking, acquisition, and marketing activities; owns and operates approximately 18,000 miles of crude oil trunk and gathering pipelines; and sells and distributes motor fuels and other petroleum products under the Sunoco and EcoMaxx brands. It also offers natural gas compression; wholesale power trading; and carbon dioxide and hydrogen sulfide removal services, as well as management of coal and natural resources properties; sells standing timber; leases coal-related infrastructure facilities; and collects oil and gas royalties. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. Energy Transfer LP was founded in 1996 and is headquartered in Dallas, Texas.

energytransfer.com

22,311

Full Time Employees

December 31

Fiscal Year Ends

Energy

Sector

Recent News

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Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

ET
37.38%
S&P 500 (^GSPC)
12.75%

1-Year Return

ET
30.94%
S&P 500 (^GSPC)
18.71%

3-Year Return

ET
98.73%
S&P 500 (^GSPC)
70.93%

5-Year Return

ET
230.71%
S&P 500 (^GSPC)
70.18%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 34.33B
Earnings 2.09B
Profit Margin 6.08%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
10B
20B
30B
4.0%
4.5%
5.0%
5.5%
6.0%

Analyst Insights

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Analyst Price Targets

22.00
24.56 Average
21.50 Current
28.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 9/4/2026
Analyst JP Morgan
Rating Action Maintains
Rating Overweight
Price Action Raises
Price Target 24 -> 25

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (5yr expected)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    4.92%

  • Return on Assets (ttm)

    5.06%

  • Return on Equity (ttm)

    14.56%

  • Revenue (ttm)

    107.38B

  • Net Income Avi to Common (ttm)

    5.05B

  • Diluted EPS (ttm)

    1.46

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.02B

  • Total Debt/Equity (mrq)

    138.33%

  • Levered Free Cash Flow (ttm)

    3.16B

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