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ET Overview

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ET
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ET
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Intellectia

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High
18.930
Open
18.620
VWAP
18.71
Vol
12.46M
Mkt Cap
64.52B
Low
18.458
Amount
233.14M
EV/EBITDA(TTM)
9.67
Total Shares
3.44B
EV
151.82B
EV/OCF(TTM)
14.18
P/S(TTM)
0.70
Energy Transfer LP owns and operates a diversified portfolios of energy assets in the United States, with more than 140,000 miles of pipeline and associated energy infrastructure. The Company’s strategic network spans 44 states with assets in all of the major United States production basins. Its core operations include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (NGL) and refined product transportation and terminalling assets; and NGL fractionation. The Company’s segments include intrastate transportation and storage, interstate transportation and storage, midstream, 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. It also owns Lake Charles LNG Company, LLC, its wholly owned subsidiary, which owns an LNG import terminal and regasification facility.
Show More

Events Timeline

(ET)
2026-06-18
08:30:00
Energy Transfer Expands Nederland NGL Export Terminal by 240,000 Barrels per Day
select
2026-06-04 (ET)
2026-06-04
06:40:00
Matador Enters Gas Supply Agreement with Energy Transfer
select
2026-05-21 (ET)
2026-05-21
08:50:00
Kodiak AI Borrow Rate Increases to 210.02%
select

News

seekingalpha
8.5
06-18seekingalpha
PinnedEnergy Transfer Expands Natural Gas Liquids Export Capacity
  • Capacity Expansion: Energy Transfer announced the expansion of its Nederland natural gas liquids export terminal, increasing ethane export capacity by 240K bbl/day and LPG capacity by 55K bbl/day to meet customer demand, with phased service expected to begin in 2028.
  • Long-Term Agreements: All additional ethane export capacity has been secured under long-term agreements extending into the 2040s, ensuring stable future cash flows and a solid customer base.
  • Infrastructure Development: The expansion will include increased pipeline capacity from Mont Belvieu to Nederland and the construction of two additional ship docks, expected to be available in H1 2027, further enhancing the company's export capabilities.
  • Market Leadership: Following the expansion, Nederland's refrigerated NGL export capacity will exceed 1.25M bbl/day, combined with Marcus Hook's 420K bbl/day capacity, bringing Energy Transfer's total refrigerated export capacity to approximately 1.7M bbl/day, solidifying its market leadership along the U.S. Gulf Coast.
NASDAQ.COM
8.0
06-17NASDAQ.COM
Energy Transfer's High Dividend Attracts Investors
  • Dividend Yield Advantage: Energy Transfer boasts a distribution yield of 7.1%, with a five-year average of 7.4%, making it an ideal choice for high-yield investors seeking stable passive income from their holdings.
  • Large Infrastructure Scale: The company operates over 140,000 miles of energy infrastructure and pipeline networks in the U.S., one of the largest in the industry, ensuring its competitiveness and market share in energy transportation.
  • Stable Profit Model: Energy Transfer generates revenue by charging fees based on volume to energy production companies, allowing it to maintain high dividend payouts despite limited growth potential, which is attractive for income-focused investors.
  • Investor Considerations: While the dividend is appealing, the analyst team notes that Energy Transfer is not included in the current top ten stock recommendations, prompting investors to carefully evaluate its long-term investment value.
Fool
8.0
06-17Fool
Analysis of High-Yield Dividends from Energy Transfer
  • Dividend Yield: Energy Transfer boasts a distribution yield of 7.1%, with a five-year average of 7.4%, indicating its attractiveness for investors seeking passive income through dividends.
  • Investment Returns: An investment of $14,000 at the current yield would yield $1,000 annually, while maintaining the five-year average would require only about $13,514, showcasing the efficiency of returns.
  • Infrastructure Advantage: Operating in the midstream sector of the energy industry, the company has over 140,000 miles of energy infrastructure and pipelines, making it one of the largest networks in the U.S., which ensures a stable revenue stream.
  • Limited Partnership Structure: As a limited partnership, Energy Transfer passes profits and losses to investors, allowing it to maintain high dividend payouts despite requiring additional tax steps like filing a K-1 form, making it suitable for income-focused investors.
Fool
8.5
06-14Fool
Energy Stocks Surge, Attracting Investors Amid Rising Commodity Prices
  • Energy Sector Performance: As of June 8, the S&P 500 Energy sector surged 40% due to rising crude oil and natural gas prices, significantly outperforming the 22.9% increase in the S&P 500 ex-Energy, highlighting the sector's robust recovery and investment appeal.
  • Energy Transfer Company: Energy Transfer (ET) reported a 31.1% year-over-year revenue increase to $27.8 billion in Q1, with adjusted EBITDA rising 20.5% to $4.9 billion, indicating strong performance in its stable transportation business, complemented by an attractive 7.2% dividend yield, far exceeding the S&P 500's 1.1%.
  • Enterprise Products Partners: Enterprise Products Partners (EPD) experienced a 6.7% year-over-year revenue decline to $14.4 billion, yet its adjusted EBITDA grew by 10%, demonstrating resilience amid market fluctuations, while offering a 5.9% dividend yield that appeals to long-term investors.
  • Investment Outlook: Both companies are investing in pipeline and processing capacity expansions, expected to enhance future revenue and profitability, and they both have a history of stable dividend payments, increasing their attractiveness as long-term investments.
NASDAQ.COM
9.5
06-14NASDAQ.COM
Investment Opportunities in the Energy Sector
  • Rising Energy Prices: The energy sector has performed strongly in 2023, with the S&P 500 Energy sector gaining 40% through June 8, significantly outpacing the 22.9% increase in the S&P 500 ex-Energy, reflecting investor confidence in the sector amid rising crude oil and natural gas prices.
  • Energy Transfer Performance: Energy Transfer (NYSE: ET) reported a 31.1% year-over-year revenue increase to $27.8 billion in Q1, with adjusted EBITDA rising 20.5% to $4.9 billion, indicating a robust business model in energy transportation and storage, although its stock price appreciation lagged behind the overall energy sector.
  • Enterprise Products Partners Dynamics: Enterprise Products Partners (NYSE: EPD) experienced a 6.7% year-over-year revenue decline to $14.4 billion, yet adjusted EBITDA grew by 10%, showcasing resilience in a cyclical market, while the company continues to invest in processing capacity and pipeline expansion projects expected to enhance future revenue and profitability.
  • Dividend Attractiveness: Energy Transfer offers a dividend yield of 7.2%, significantly higher than the S&P 500's 1.1%, while Enterprise Products Partners boasts a 5.9% yield, demonstrating both companies' strong commitment to returning capital to shareholders, making them appealing to long-term investors.
Fool
9.5
06-10Fool
Oil Price Fluctuations Impact Energy Stocks Performance
  • Oil Price Volatility: Brent crude surged to $119.50 per barrel in March due to the outbreak of the Iran war, causing disruptions in the Strait of Hormuz, but has since retreated to around $87, highlighting the fragility of the Middle East situation.
  • Midstream Investment Opportunities: While upstream companies like Occidental Petroleum are affected by falling oil prices, midstream firms such as Energy Transfer and Enbridge remain solid investment choices as they transport oil and gas through pipelines, charging 'tolls' that ensure stable cash flow amid price fluctuations.
  • Chevron's Long-Term Growth Potential: As one of the world's largest integrated energy companies, Chevron operates in 180 countries and expects its oil and gas production to grow by 2%-3% annually through 2030, driven by expansions in Kazakhstan and new projects, showcasing resilience amid oil price volatility.
  • Attractive Dividend Growth: Chevron has raised its dividend for 39 consecutive years, and if it maintains this for 50 years, it will become a Dividend King, with a current forward yield of 3.8%, making it appealing to investors, especially during periods of oil price instability.
Wall Street analysts forecast ET stock price to rise
11 Analyst Rating
Wall Street analysts forecast ET stock price to rise
7 Buy
4 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
17.00
Averages
20.65
High
23.00
Current: 0.000
sliders
Low
17.00
Averages
20.65
High
23.00
Morgan Stanley
Equal Weight
maintain
$21 -> $23
AI Analysis
2026-05-27
Reason
Morgan Stanley
Price Target
$21 -> $23
AI Analysis
2026-05-27
maintain
Equal Weight
Reason
Morgan Stanley raised the firm's price target on Energy Transfer LP to $23 from $21 and keeps an Equal Weight rating on the shares.
Jefferies
upgrade
2026-05-26
Reason
Jefferies
Price Target
2026-05-26
upgrade
Reason
Jefferies upgraded Energy…
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for ET
Unlock Now

Valuation Metrics

The current forward P/E ratio for Energy Transfer LP (ET.N) is 11.26, compared to its 5-year average forward P/E of 10.15. For a more detailed relative valuation and DCF analysis to assess Energy Transfer LP's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
10.15
Current PE
11.26
Overvalued PE
12.28
Undervalued PE
8.02

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
7.77
Current EV/EBITDA
7.53
Overvalued EV/EBITDA
8.23
Undervalued EV/EBITDA
7.32

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.52
Current PS
0.58
Overvalued PS
0.63
Undervalued PS
0.40

Financials

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Whales Holding ET

T
Texas Yale Capital Corp.
Holding
ET
+30.74%
3M Return
L
Leap Investments LP
Holding
ET
+22.20%
3M Return
A
Appaloosa Management L.P.
Holding
ET
+20.15%
3M Return
B
Blackhill Capital, Inc
Holding
ET
+20.04%
3M Return
M
Mirae Asset Global Investments Co., Ltd
Holding
ET
+18.46%
3M Return
H
Hudson River Trading LLC
Holding
ET
+17.86%
3M Return

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Frequently Asked Questions

What is Energy Transfer LP (ET) stock price today?

The current price of ET is 18.75 USD — it has increased 0

What is Energy Transfer LP (ET)'s business?

Energy Transfer LP owns and operates a diversified portfolios of energy assets in the United States, with more than 140,000 miles of pipeline and associated energy infrastructure. The Company’s strategic network spans 44 states with assets in all of the major United States production basins. Its core operations include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (NGL) and refined product transportation and terminalling assets; and NGL fractionation. The Company’s segments include intrastate transportation and storage, interstate transportation and storage, midstream, 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. It also owns Lake Charles LNG Company, LLC, its wholly owned subsidiary, which owns an LNG import terminal and regasification facility.

What is the price predicton of ET Stock?

Wall Street analysts forecast ET stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ET is20.65 USD with a low forecast of 17.00 USD and a high forecast of 23.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Energy Transfer LP (ET)'s revenue for the last quarter?

Energy Transfer LP revenue for the last quarter amounts to 27.77B USD, increased 32.12

What is Energy Transfer LP (ET)'s earnings per share (EPS) for the last quarter?

Energy Transfer LP. EPS for the last quarter amounts to 0.35 USD, decreased -2.78

How many employees does Energy Transfer LP (ET). have?

Energy Transfer LP (ET) has 22311 emplpoyees as of June 19 2026.

What is Energy Transfer LP (ET) market cap?

Today ET has the market capitalization of 64.52B USD.