Energy Transfer LP (ET)

NYSE: ET · Real-Time Price · USD
19.44
+0.11 (0.57%)
May 28, 2026, 11:42 AM EDT - Market open
Market Cap66.90B +13.3%
Revenue (ttm)92.29B +12.5%
Net Income4.11B -10.9%
EPS1.20 -9.6%
Shares Out 3.44B
PE Ratio16.24
Forward PE13.47
Dividend$1.35 (6.94%)
Ex-Dividend DateMay 8, 2026
Volume2,898,716
Open19.42
Previous Close19.33
Day's Range19.32 - 19.57
52-Week Range16.18 - 20.70
Beta0.57
AnalystsStrong Buy
Price Target23.50 (+20.89%)
Earnings DateMay 5, 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 21 analysts, the average rating for ET stock is "Strong Buy." The 12-month stock price target is $23.5, which is an increase of 20.89% from the latest price.

Price Target
$23.5
(20.89% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Energy Transfer LP price target raised to $23 from $21 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Energy Transfer LP (ET) to $23 from $21 and keeps an Equal Weight rating on the shares.

1 day ago - TheFly

Energy Transfer LP upgraded to Buy from Hold at Jefferies

Jefferies upgraded Energy Transfer LP (ET) to Buy from Hold with a $23 price target

1 day ago - TheFly

Jefferies upgrades Energy Transfer to Buy after relative weakness

Jefferies analyst Julien Dumoulin-Smith upgraded Energy Transfer LP (ET) to Buy from Hold with a price target of $23, up from $21. The firm cites valuation for the upgrade following…

1 day ago - TheFly

Top Wall Street analysts like these dividend stocks for steady income

Amid ongoing uncertainty, investors seeking consistent income can consider adding dividend stocks to their portfolios.

Other symbols: CVXWMB
4 days ago - CNBC

Energy Transfer LP Slides: Investor presentation

Energy Transfer LP has posted slides in relation to its latest quarterly earnings report, which was published on May 19, 2026.

9 days ago - Filings

Energy Transfer Schedule K-3s for 2025 Now Available

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced that its 2025 Schedule K-3s reflecting items of international tax relevance are available online. Unitholders requiring this info...

12 days ago - Business Wire

Energy Transfer LP price target raised to $23 from $22 at Barclays

Barclays raised the firm’s price target on Energy Transfer LP (ET) to $23 from $22 and keeps an Overweight rating on the shares. The firm sees an “increasingly constructive backdrop”…

14 days ago - TheFly

Energy Transfer LP price target raised to $23 from $22 at TD Cowen

TD Cowen analyst Jason Gabelman raised the firm’s price target on Energy Transfer LP (ET) to $23 from $22 and keeps a Buy rating on the shares. The firm said…

14 days ago - TheFly

Energy Transfer LP price target raised to $24 from $22 at BofA

BofA raised the firm’s price target on Energy Transfer LP (ET) to $24 from $22 and keeps a Buy rating on the shares, citing improving NGL and gas upside. Published…

15 days ago - TheFly

Energy Transfer LP price target raised to $24 from $22 at Scotiabank

Scotiabank raised the firm’s price target on Energy Transfer LP (ET) to $24 from $22 and keeps an Outperform rating on the shares. The Q1 reporting period showed the capacity,…

15 days ago - TheFly

Energy Transfer LP price target raised to $24 from $22 at JPMorgan

JPMorgan raised the firm’s price target on Energy Transfer LP (ET) to $24 from $22 and keeps an Overweight rating on the shares.

16 days ago - TheFly

Energy Transfer LP price target raised to $24 from $22 at UBS

UBS raised the firm’s price target on Energy Transfer LP (ET) to $24 from $22 and keeps a Buy rating on the shares. Energy Transfer is well positioned to grow…

16 days ago - TheFly

Energy Transfer LP price target raised to $23 from $22 at Citi

Citi analyst Spiro Dounis raised the firm’s price target on Energy Transfer LP (ET) to $23 from $22 and keeps a Buy rating on the shares.

21 days ago - TheFly

Energy Transfer LP price target raised to $21 from $20 at Jefferies

Jefferies analyst Julien Dumoulin-Smith raised the firm’s price target on Energy Transfer LP (ET) to $21 from $20 and keeps a Hold rating on the shares after a stronger-than-expected beat…

21 days ago - TheFly

Energy Transfer LP price target raised to $25 from $23 at Stifel

Stifel analyst Selman Akyol raised the firm’s price target on Energy Transfer LP (ET) to $25 from $23 and keeps a Buy rating on the shares.

21 days ago - TheFly

Energy Transfer LP price target raised to $26 from $25 at Raymond James

Raymond James analyst Justin Jenkins raised the firm’s price target on Energy Transfer LP (ET) to $26 from $25 and keeps a Strong Buy rating on the shares. Energy Transfer…

21 days ago - TheFly

Energy Transfer LP Earnings Call Transcript: Q1 2026

Q1 2026 saw record financial and operational results, prompting a raised full-year EBITDA outlook and increased growth capital guidance. New projects, contract extensions, and global market shifts position the business for sustained growth and strong demand for U.S. energy exports.

23 days ago - Transcripts

Energy Transfer LP Earnings release: Q1 2026

Energy Transfer LP released its Q1 2026 earnings on May 5, 2026, summarizing the period's financial results.

23 days ago - Filings

Energy Transfer LP Slides: Q1 2026

Energy Transfer LP has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 5, 2026.

23 days ago - Filings

Energy Transfer LP Quarterly report: Q1 2026

Energy Transfer LP has published its Q1 2026 quarterly earnings report on May 5, 2026.

23 days ago - Filings

Energy Transfer LP reports Q1 EPS 35c, consensus 38c

Reports Q1 revenue $27.771B, consensus $27.3B.

23 days ago - TheFly

Energy Transfer Reports First Quarter 2026 Results and Updates 2026 Financial Guidance

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE:ET) (“Energy Transfer” or the “Partnership”) today reported financial results for the quarter ended March 31, 2026. Energy Transfer reported net incom...

23 days ago - Business Wire

Options Volatility and Implied Earnings Moves Today, May 05, 2026

Today, several major companies are expected to report earnings: Advanced Micro Devices (AMD), Energy Transfer (ET), Strategy (MSTR), Occidental Petroleum (OXY), Pfizer (PFE), Super Micro Computer (SMC...

23 days ago - TipRanks

While Asia and Europe scramble for natural gas, the US glut has nowhere to go

The war with Iran has boosted prices of globally traded natural gas by throttling exports from the Gulf. In ​West Texas, gas is so abundant that some producers must pay to have it taken away.

Other symbols: APAARARLPBOILBSMCNQCNX
27 days ago - Reuters

Energy Transfer Announces Increase in Quarterly Cash Distribution

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced an increase in its quarterly cash distribution to $0.3375 per Energy Transfer common unit ($1.35 on an annualized basis) for the ...

4 weeks ago - Business Wire