Energy Transfer LP (ET)

NYSE: ET · Real-Time Price · USD
18.96
+0.30 (1.61%)
At close: Mar 19, 2026, 4:00 PM EDT
19.09
+0.13 (0.69%)
Pre-market: Mar 20, 2026, 4:08 AM EDT
Market Cap65.23B +4.5%
Revenue (ttm)85.54B +3.5%
Net Income4.17B -7.9%
EPS1.21 -5.8%
Shares Out 3.44B
PE Ratio15.68
Forward PE12.18
Dividend$1.34 (7.07%)
Ex-Dividend DateFeb 6, 2026
Volume17,580,228
Open18.72
Previous Close18.66
Day's Range18.70 - 19.12
52-Week Range14.60 - 19.30
Beta0.65
AnalystsBuy
Price Target21.67 (+14.29%)
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 9 analysts, the average rating for ET stock is "Buy." The 12-month stock price target is $21.67, which is an increase of 14.29% from the latest price.

Price Target
$21.67
(14.29% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Energy Transfer: Strong Yield Backed By Growth, Not Harvesting

Energy Transfer is in a multi-year growth phase, balancing scale, stability, and long-term demand visibility with ongoing capex-driven expansion. ET offers an attractive 7%+ yield, strong dividend cov...

1 day ago - Seeking Alpha

Energy Transfer: Symphony Of Catalysts Powering A 7%+ Yield

Energy Transfer LP remains a 'Strong Buy' with a 7%+ forward distribution yield and substantial undervaluation despite a recent 14.4% total return rally. ET's stable cash flow, conservative leverage t...

1 day ago - Seeking Alpha

Energy Transfer: Strong Irreplaceable Cash Flow

Energy Transfer offers a robust 7% yield, underpinned by irreplaceable midstream assets and strong distributable cash flow. ET projects mid-single-digit adjusted EBITDA growth to $17.65 billion in 202...

2 days ago - Seeking Alpha

I'm Buying These 2 High-Conviction Deeply Discounted Picks Yielding 5-7%

I love buying stocks that trade at huge discounts yet have a high probability of being long-term winners. These picks pay me to wait thanks to attractive yields and big buybacks. I detail the major ca...

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2 days ago - Seeking Alpha

PGIM Jennison Energy Infrastructure Fund Q4 2025: Who Moved The Needle

Though relatively flat for the fourth quarter, the Fund outperformed the -1.6% return of the Alerian Midstream Energy Select Index. MPLX's high yield and compelling dividend growth above many peers co...

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3 days ago - Seeking Alpha

Energy Transfer: A Stable And Less Volatile Way To Play The Energy Market Chaos

Energy Transfer LP offers relative fee-based stability amid highly volatile energy markets, underpinned by 90% long-term contractual cash flows and disciplined capital spending. ET's recent underperfo...

4 days ago - Seeking Alpha

Buy The Dip On These 7-13% Yielding Income Machines

High-yielding stocks can take the sting out of market volatility. I highlight two such names that are trading at attractive valuations while sporting yields of 7% and 13%. Both have diversified and co...

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8 days ago - Seeking Alpha

Build A 7%+ Yielding Dividend Machine For Stress-Free Retirement Income

Most investors chase yield and quietly destroy their retirement income in the process. A surprisingly simple portfolio structure can produce 7%+ income without excessive risk. The strategy combines th...

10 days ago - Seeking Alpha

Energy Transfer's Most Important Strategic Shift Could Reshape Its Future

Energy Transfer's record-breaking year just revealed a strategic pivot few investors fully appreciate. One major decision could reshape the company's long-term growth trajectory. The yield looks incre...

14 days ago - Seeking Alpha

Evertz Technologies Limited (ET:CA) Q3 2026 Earnings Call Transcript

Evertz Technologies Limited (ET:CA) Q3 2026 Earnings Call Transcript

15 days ago - Seeking Alpha

Energy Transfer: Q4 Could Be A Turning Point

Energy Transfer LP's Q4 2025 earnings report kept showing a mixed picture. I see large odds for growth, both in terms of EPS and dividends, to remain under pressure. However, a few new catalysts could...

15 days ago - Seeking Alpha

Midstream Energy: Relative Favorability

Twenty-nine midstream energy companies were evaluated on a relative favorability matrix with factors representing yield, yield coverage, valuation, profitability, growth, and leverage. Based on this a...

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16 days ago - Seeking Alpha

Energy Transfer Remains A 'Buy' Amid The U.S.-Iran Escalation

Energy Transfer remains strongly bullish, offering over 33% upside potential and robust distribution coverage amid sector tailwinds. ET benefits from US oil and gas production growth, data center dema...

17 days ago - Seeking Alpha

Build It Before You Need It: Dividends That Deliver Freedom

Generating income on demand is the smart way to fund and prepare for your retirement. We discuss two picks that exemplify income investments providing reliable cash flow and portfolio flexibility duri...

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17 days ago - Seeking Alpha

Top Wall Street analysts recommend these dividend stocks for enhanced returns

TipRanks names three stocks with dividends that analysts believe can bolster investors' portfolios.

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18 days ago - CNBC

6 High-Yield Energy Stocks Paying Up To 14.8%

“Time out.” I yelled it with a hint of disgust.

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19 days ago - Forbes

The Ultimate 8%-Yielding 'Sleep-Well-At-Night' Retirement Income Machine

An overlooked opportunity is quietly delivering high current income and inflation-beating growth. I share an 8%+ yielding income machine with surprisingly strong growth. While other high-yield opportu...

20 days ago - Seeking Alpha

Energy Transfer: Continues To Dominate The Midstream Industry

Energy Transfer remains a Strong Buy, offering compelling value and growth after a transformative year marked by robust earnings and operational records. ET's diversified segments, including NGL expor...

23 days ago - Seeking Alpha

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

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

27 days 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...

4 weeks 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...

4 weeks 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...

4 weeks 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...

4 weeks 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...

4 weeks 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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4 weeks ago - Benzinga