Energy Transfer LP (ET)

NYSE: ET · Real-Time Price · USD
19.19
-0.15 (-0.78%)
May 11, 2026, 10:11 AM EDT - Market open
Market Cap66.03B +9.4%
Revenue (ttm)92.29B +12.5%
Net Income4.11B -10.9%
EPS1.20 -9.6%
Shares Out 3.44B
PE Ratio16.02
Forward PE15.44
Dividend$1.35 (7.04%)
Ex-Dividend DateMay 8, 2026
Volume2,463,510
Open19.36
Previous Close19.34
Day's Range19.14 - 19.36
52-Week Range16.18 - 20.67
Beta0.57
AnalystsBuy
Price Target22.09 (+15.11%)
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 11 analysts, the average rating for ET stock is "Buy." The 12-month stock price target is $22.09, which is an increase of 15.11% from the latest price.

Price Target
$22.09
(15.11% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

4 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…

4 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.

4 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…

4 days ago - TheFly

Energy Transfer LP Earnings Call Transcript: Q1 2026

Q1 2026 delivered record financial and operational results, prompting a raised full-year EBITDA outlook and increased growth capital guidance. Multiple new projects and contract extensions position the business for sustained growth amid strong global energy demand.

6 days ago - Transcripts

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

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

6 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...

6 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...

6 days ago - TipRanks

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

Mizuho raised the firm’s price target on Energy Transfer LP (ET) to $25 from $23 and keeps an Outperform rating on the shares.

7 days ago - TheFly

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
10 days ago - Reuters

Energy Transfer LP raises quarterly distribution roughly 3% to 33.75c per unit

Energy Transfer LP (ET) announced an increase in its quarterly cash distribution to 33.75c per Energy Transfer common unit for the first quarter ended March 31, 2026. This cash distribution…

13 days ago - TheFly

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 ...

13 days ago - Business Wire

Energy Transfer LP Announces Cash Distribution on Series I Preferred Units

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (“ET”) today announced the quarterly cash distribution of $0.2111 per Series I Preferred Unit (NYSE: ETprI). The cash distribution for the Series I unithold...

18 days ago - Business Wire

Why big investors won't sell these 3 high-yield pipeline stocks

There is a reason pipeline stocks keep showing up in long-term portfolios even when the rest of the market is chasing the next big growth trade. They are not as flashy as these stocks rarely deliver t...

Other symbols: ENBEPD
4 weeks ago - Invezz

Energy Transfer Announces First Quarter 2026 Earnings Release and Earnings Call Timing

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced that it plans to release earnings for the first quarter of 2026 on Tuesday, May 5, 2026, before the market opens. The company wil...

4 weeks ago - Business Wire

Here's why MLP stocks like Energy Transfer, Enterprise Partners are soaring

Top master limited partnership stocks are firing on all cylinders this year, with most of them hovering at their all-time highs, even as the stock market has moved into a correction. Energy Transfer s...

Other symbols: EPD
5 weeks ago - Invezz

Energy Transfer LP initiated with a Buy at Truist

Truist initiated coverage of Energy Transfer LP (ET) with a Buy rating and $23 price target The company owns one of the most strategically positioned and diversified midstream systems in…

6 weeks ago - TheFly

Energy Transfer LP added to Analyst Current Favorites list at Raymond James

Raymond James added Energy Transfer LP (ET) to the firm’s Analyst Current Favorites list. The list contains the current favorite stock ideas from the firm’s equity analysts. An analyst may…

7 weeks ago - TheFly

Top Wall Street analysts recommend these dividend stocks for enhanced returns

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

Other symbols: MPLXWMB
2 months ago - CNBC

6 High-Yield Energy Stocks Paying Up To 14.8%

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

Other symbols: EPDKRPMNRMPLXNAT
2 months ago - Forbes

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 months ago - Business Wire

Energy Transfer LP Earnings Call Transcript: Q4 2025

Record 2025 Adjusted EBITDA and operational volumes were achieved, with strong growth in natural gas and NGL segments. 2026 guidance was raised, major pipeline and terminal expansions are underway, and capital discipline remains a focus amid competitive and regulatory dynamics.

2 months ago - Transcripts

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...

2 months ago - Business Wire

10 Undervalued Dividend Stocks for 2026

Morningstar's Chief US Market Strategist shares his current dividend-paying picks.

Other symbols: CLXDOCDUKDVNKEYKHCLNT
4 months ago - Morningstar

Energy Transfer Announces Fourth Quarter and Full Year 2025 Earnings Release and Earnings Call Timing

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced that it plans to release earnings for the fourth quarter and full year 2025 on Tuesday, February 17, 2026, before the market open...

4 months ago - Business Wire