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Energy Transfer LP (ET)
NYSE:ET
ET Stock Chart & Stats
$18.96
$0.02(0.10%)
At close: 4:00 PM EST
$18.96
$0.02(0.10%)
Day’s Range― - ―
52-Week Range$14.60 - $19.30
Previous CloseN/A
Volume3.54M
Average Volume (3M)14.84M
Market Cap
$65.40B
Enterprise Value$135.75B
Total Cash (Recent Filing)$1.32B
Total Debt (Recent Filing)$71.61B
Price to Earnings (P/E)12.3
Beta0.58
Next Earnings
May 06, 2026EPS Estimate
0.38Next Dividend Ex-DateN/A
Dividend Yield8.04%
Share Statistics
EPS (TTM)0.25
Shares Outstanding3,440,314,500
10 Day Avg. Volume15,361,856
30 Day Avg. Volume14,841,091
Financial Highlights & Ratios
PEG Ratio2.26
Price to Book (P/B)1.75
Price to Sales (P/S)0.73
P/FCF Ratio15.65
Enterprise Value/Market Cap2.08
Enterprise Value/Revenue1.64
Enterprise Value/Gross Profit7.54
Enterprise Value/Ebitda9.09
Forecast
1Y Price Target
$22.09Price Target Upside16.51% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
EPS Forecast (FY)1.58
Revenue Forecast (FY)$102.60B
Bulls Say, Bears Say
Bulls Say
Guidance And AcquisitionAnalyst highlights raised adjusted EBITDA guidance tied to a recently closed affiliate acquisition, while growth-capital plans and leverage targets were reaffirmed, signaling continued strategic investment discipline.
Operations PerformanceAnalyst notes intrastate and interstate operations outperformed expectations due to stronger natural gas sales, wider price spreads, and higher transportation revenue from contracted volumes, supporting improved cash flow prospects.
Project Progress And Capacity ExpansionAnalyst reports major projects are progressing at pace and a fully contracted Midland Basin processing plant under construction should add processing capacity and contracted throughput once it begins operations.
Bears Say
Earnings Pressure From Transaction CostsAnalyst warns adjusted EBITDA came in slightly below consensus after transaction expenses related to an affiliate acquisition, creating near-term earnings pressure.
Growth Visibility And Disclosure RiskAnalyst cautions that growth beyond major projects appears limited, with risk from potential contract roll-offs for natural gas liquids and missing volume allocations raising concern about possible double counting of growth.
Operational Disruptions And Hedge TimingAnalyst points to weaker performance in midstream, NGL and refined products, and crude driven by unfavorable NGL inventory hedge timing and weather-related disruptions at a key facility, which may hamper segment revenue.
Energy Transfer News
ET FAQ
What was Energy Transfer LP’s price range in the past 12 months?
Energy Transfer LP lowest stock price was $14.60 and its highest was $19.30 in the past 12 months.
What is Energy Transfer LP’s market cap?
Energy Transfer LP’s market cap is $65.40B.
When is Energy Transfer LP’s upcoming earnings report date?
Energy Transfer LP’s upcoming earnings report date is May 06, 2026 which is in 46 days.
How were Energy Transfer LP’s earnings last quarter?
Energy Transfer LP released its earnings results on Feb 17, 2026. The company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.373 by -$0.123.
Is Energy Transfer LP overvalued?
According to Wall Street analysts Energy Transfer LP’s price is currently Undervalued.
Does Energy Transfer LP pay dividends?
Energy Transfer LP pays a Quarterly dividend of $0.333 which represents an annual dividend yield of 8.04%. See more information on Energy Transfer LP dividends here
What is Energy Transfer LP’s EPS estimate?
Energy Transfer LP’s EPS estimate is 0.38.
How many shares outstanding does Energy Transfer LP have?
Energy Transfer LP has 3,440,314,500 shares outstanding.
What happened to Energy Transfer LP’s price movement after its last earnings report?
Energy Transfer LP reported an EPS of $0.25 in its last earnings report, missing expectations of $0.373. Following the earnings report the stock price went down -0.747%.
Which hedge fund is a major shareholder of Energy Transfer LP?
Currently, no hedge funds are holding shares in ET
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Energy Transfer Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$22.09 (16.51% Upside)
$22.09 (16.51% Upside)
Blogger Sentiment
Bullish
ET Sentiment 94%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 15.6M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.5%
Last 30 Days ▲ 0.6%
Last 30 Days ▲ 0.6%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
8.05%
12-Months-Change
Fundamentals
Return on Equity
14.09%
Trailing 12-Months
Asset Growth
12.83%
Trailing 12-Months
Company Description
Energy Transfer LP
Energy Transfer LP provides energy-related services. The company owns and operates approximately 11,600 miles of natural gas transportation pipeline, and three natural gas storage facilities in Texas and two natural gas storage facilities located in the state of Texas and Oklahoma; and 19,830 miles of interstate natural gas pipeline. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. The company owns and operates natural gas gathering and natural gas liquid (NGL) pipeline, processing plant, and treating and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; and a natural gas gathering system in Ohio, as well as transport and supplies water to natural gas producer in Pennsylvania. It owns approximately 5,215 miles of NGL pipeline; NGL and propane fractionation facilities; NGL storage facilities with working storage capacity of approximately 50 million barrels (MMBbls); and other NGL storage assets and terminal with an aggregate storage capacity of approximately 17 MMBbls. The company provides crude oil transportation, terminalling, acquisition, and marketing activities; and sells and distributes gasoline, middle distillate, and motor fuels and other petroleum product. It offers natural gas compression service; carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management service; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalty, and generate electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. The company was founded in 1996 and is headquartered in Dallas, Texas.
ET Company Deck
ET Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized multiple operational records, a partnership record in adjusted EBITDA (+3% YoY), strong project execution (Hugh Brinson progress, DSW upsizing, Permian expansions), robust commercial wins (data centers, power plant contracts), and higher 2026 EBITDA guidance. Near-term challenges include a modest YoY DCF decline, several one-time Q4 accounting and operational impacts (timing of hedge recognition, fog-related loading delays), transaction costs, regional pricing volatility (Waha) and competitive pressures in NGL fractionation/transport. Management signaled disciplined capital allocation, substantial backlog of contracted projects, and clear execution milestones. Overall, positives (record results, project momentum, raised guidance, major commercial contracts) materially outweigh the transitory and sectoral headwinds discussed.View all ET earnings summariesET Revenue Breakdown
33.77% Crude oil transportation and services
29.35% Investment in Sunoco LP
27.87% NGL and refined products transportation and services
13.24% Midstream
11.43% Other
ET Stock 12 Month Forecast
Average Price Target
$22.09
▲(16.51% Upside)
Technical Analysis
Ownership Overview
10.37% Insiders
5.52% Mutual Funds
14.56% Other Institutional Investors
65.17% Public Companies and Individual Investors