Energy Transfer LP (ET)

NYSE: ET · Real-Time Price · USD
18.98
+0.08 (0.42%)
At close: Feb 20, 2026, 4:00 PM EST
18.96
-0.02 (-0.11%)
After-hours: Feb 20, 2026, 7:58 PM EST
Market Cap65.30B -8.3%
Revenue (ttm)85.54B +3.5%
Net Income4.17B -7.9%
EPS1.21 -5.8%
Shares Out 3.44B
PE Ratio15.69
Forward PE12.58
Dividend$1.34 (7.06%)
Ex-Dividend DateFeb 6, 2026
Volume11,115,234
Open18.88
Previous Close18.90
Day's Range18.80 - 19.07
52-Week Range14.60 - 20.12
Beta0.64
AnalystsBuy
Price Target21.30 (+12.22%)
Earnings DateFeb 17, 2026

About ET

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 mile... [Read more]

Sector Energy
IPO Date Feb 3, 2006
Employees 22,311
Stock Exchange NYSE
Ticker Symbol ET
Full Company Profile

Financial Performance

In 2025, Energy Transfer LP's revenue was $85.54 billion, an increase of 3.47% compared to the previous year's $82.67 billion. Earnings were $4.17 billion, a decrease of -5.03%.

Financial Statements

Analyst Summary

According to 10 analysts, the average rating for ET stock is "Buy." The 12-month stock price target is $21.3, which is an increase of 12.22% from the latest price.

Price Target
$21.3
(12.22% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Energy Transfer: High-Octane Income From America's Energy 'Toll Road'

Energy Transfer: High-Octane Income From America's Energy 'Toll Road'

1 day ago - Seeking Alpha

Energy Transfer LP Files 2025 Annual Report

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced it has filed its annual report on Form 10-K for the year ended December 31, 2025 with the Securities and Exchange Commission (SEC...

2 days ago - Business Wire

Energy Transfer: Strong Q4 Results, Growth Potential, And A Reasonable Valuation

Energy Transfer LP delivered solid Q4 2025 results, with strong revenue and cash flow growth despite a GAAP earnings miss and market volatility. ET's adjusted EBITDA rose 7.7% year-over-year, and dist...

2 days ago - Seeking Alpha

Readers Spot 8 Ideal Buys Out Of 17 'Safer' Dividend Dogs In January

Sirius XM Holdings and other high-yield ReFa/Ro Dogs offer strong dividend returns, with all top 10 passing the 'dividends from $1k invested exceed share price' test. Analyst projections suggest net g...

2 days ago - Seeking Alpha

Energy Transfer Suffers Electrification/NGL Export Tailwinds - Robust Income/Upside Potential

Energy Transfer benefits from surging demand for natural gas and growing NGL exports, with the strong pipeline backlog and the long-term contracts supporting durable and highly profitable revenue stre...

2 days ago - Seeking Alpha

Energy Transfer Earnings Reaction: It's Now Fairly Valued (Rating Downgrade)

Energy Transfer is now fairly valued after a strong price run, with updated intrinsic value at $18.49 and a bull case of $21.33. Q4 2025 earnings showed record volumes across all segments, raised 2026...

2 days ago - Seeking Alpha

Trump's $550B Japan Deal Puts LNG, GE Vernova, And Rare Earth Stocks In Focus

A massive new investment wave from Japan is putting key corners of the U.S. energy and industrial markets back in the spotlight. President Donald Trump announced that Japan has begun deploying the fir...

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3 days ago - Benzinga

Energy Transfer: Another Year Of Comparatively Poor Returns To Investors

Energy Transfer: Another Year Of Comparatively Poor Returns To Investors

3 days ago - Seeking Alpha

Energy Transfer: Aggressive Growth Strategy Confirmed By Strong Q4 Results

Energy Transfer is rated 'Buy' with 30% upside, driven by discounted valuation and aggressive growth in energy transportation. Energy Transfer's 'toll road' model secures stable EBITDA, while AI-drive...

4 days ago - Seeking Alpha

Energy Transfer LP Common Units (ET) Q4 2025 Earnings Call Transcript

Energy Transfer LP Common Units (ET) Q4 2025 Earnings Call Transcript

4 days ago - Seeking Alpha

Energy Transfer Reports Fourth Quarter 2025 Results

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE:ET) (“Energy Transfer” or the “Partnership”) today reported financial results for the quarter and year ended December 31, 2025. Energy Transfer report...

4 days ago - Business Wire

I Wouldn't Want To Retire Without The 3 Most Undervalued Income Machines

Three income powerhouses are trading at very compelling valuations right now. Each offers attractive income with substantial upside potential. Here's why I'm overweighting them while the market is sti...

8 days ago - Seeking Alpha

Energy Transfer: Pause Before Earnings (Rating Downgrade)

Energy Transfer is downgraded to 'Hold' due to stretched valuation and operating leverage uncertainty, despite strong recent total returns. Q4 revenue is expected to be robust from both organic growth...

8 days ago - Seeking Alpha

54 Stocks, 9 Megatrends: My Favorite Places To Be While Capital Is 'Forced'

My top-down strategy targets 'mission-critical' sectors where capital is forced by secular and cyclical tailwinds—data centers, energy, AI, defense, and infrastructure. AI-driven data center and energ...

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9 days ago - Seeking Alpha

Energy Transfer Is Undervalued Heading Into Q4, With A Growing Distribution

Energy Transfer (ET) remains deeply undervalued, with a forward yield of 7.42% and a bullish setup ahead of Q4 earnings. ET's diversified infrastructure assets and long-term data center contracts posi...

10 days ago - Seeking Alpha

Energy Transfer's Most Important Earnings Report In Years

Energy Transfer is scheduled to report its Q4 2025 results on February 17. Three key takeaways from the report and earnings call could determine whether this high-yielder finally breaks out. I detail ...

10 days ago - Seeking Alpha

Energy Transfer: AI Natural Gas Catalyst Is Only Getting Started

Energy Transfer LP is well-positioned to benefit from surging AI-driven power demand and the ongoing energy sector rotation. ET's growth capital is focused on expanding natural gas pipelines, supporti...

11 days ago - Seeking Alpha

Turning A Multi-Trillion-Dollar AI Tailwind Into Real Returns

Massive hyperscaler CapEx - $560B in 2024 - drives a QE-like cycle, fueling real-economy demand for data centers, power, and infrastructure. AI-driven CapEx is forced and persistent, creating bottlene...

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12 days ago - Seeking Alpha

Undercovered Dozen: Energy Transfer, Ares Capital, Innodata And More

The Undercovered Dozen series spotlights 12 less-covered stocks highlighted in recent Seeking Alpha articles. This week's edition covers articles published between Jan. 30 and Feb. 5, offering fresh i...

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12 days ago - Seeking Alpha

My Ultimate Strategy For High Income And Market-Beating Returns

Why index investing is far riskier than it looks. A wildly popular dividend investing strategy may be setting investors up for disappointment. One overlooked approach could completely reshape long-ter...

13 days ago - Seeking Alpha

The Only Investing Strategy I'd Trust With My Entire Financial Future

The market feels expensive, risky, and unforgiving. Dividend stocks have consistently underperformed recently. There's a third path most investors miss.

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18 days ago - Seeking Alpha

I Can't Imagine Retiring Without These 2 High Dividends

Your retirement is unique and shouldn't be planned with mass-produced strategies. Use strong cash flows from your investments to pay your bills and eliminate your financial worries. Our Income Method ...

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20 days ago - Seeking Alpha

Energy Transfer: The AI Energy Supercycle Starts Now (Earnings Preview)

Energy Transfer LP is well positioned for a bullish repricing ahead of its Q4 earnings, supported by a strategic pivot and robust yield. Suspension of the Lake Charles LNG project de-risks ET's $5.5B ...

22 days ago - Seeking Alpha

Why Dividend Stocks Are Essential For What Comes Next

Why Dividend Stocks Are Essential For What Comes Next

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22 days ago - Seeking Alpha

The Energy Setup Is Getting Dangerous (In A Good Way)

A massive imbalance is quietly forming beneath the surface. Geopolitics and macro forces are lining up in unexpected ways. Patient investors may be setting up for a powerful payoff.

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23 days ago - Seeking Alpha