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ET Overview

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ET
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ET
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Intellectia

Loading chart...

High
19.410
Open
19.360
VWAP
19.23
Vol
9.98M
Mkt Cap
65.97B
Low
19.110
Amount
191.89M
EV/EBITDA(TTM)
9.82
Total Shares
3.44B
EV
154.13B
EV/OCF(TTM)
14.40
P/S(TTM)
0.73
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)
2026-05-21
08:50:00
Kodiak AI Borrow Rate Increases to 210.02%
select

News

Fool
8.5
05-28Fool
Long-Term Investment Outlook for Energy Stocks
  • Energy Transition Opportunities: With surging oil prices due to the war with Iran and the closure of the Strait of Hormuz, energy stocks have received a strong boost this year, particularly in the midstream sector where pipeline companies benefit from their fee-based models and are expected to see long-term growth.
  • Growth Potential of Energy Transfer: Energy Transfer (ET) owns one of the largest midstream systems in the U.S., with a projected capital expenditure budget between $5.5 billion and $5.9 billion for 2023, and its strong position in the Permian Basin is expected to yield mid-teens returns.
  • Stability of Enterprise Products Partners: Enterprise Products Partners (EPD) has increased its distribution for 27 consecutive years and is expected to generate $1 billion in free cash flow this year for debt repayment and stock buybacks, showcasing its robust performance in the midstream space.
  • Growth Strategy of Williams Companies: Williams Companies (WMB) plans to invest $7 billion to $7.6 billion in growth projects in 2023, with a backlog of $15.5 billion in transmission projects and $9.6 billion in power solutions, aiming for over 20% return on invested capital and becoming a key energy supplier for AI data centers.
seekingalpha
6.0
05-26seekingalpha
Jefferies Upgrades Energy Transfer to Buy with $23 Price Target
  • Rating Upgrade: Jefferies has upgraded Energy Transfer from Hold to Buy, raising the price target from $21 to $23, reflecting the company's ongoing success in natural gas and liquids, alongside potential benefits from rising commodity prices.
  • Improved Fundamentals: Analyst Julien Dumoulin-Smith notes that Energy Transfer's fundamentals are stronger than when coverage began, driven by U.S. production trends and rising gas-oil ratios in the Permian, indicating enhanced competitive positioning.
  • Project Acceleration: The company has sanctioned over $9 billion in projects since December 2024, which is expected to drive an EBITDA compound annual growth rate of approximately 4.8%, significantly above Wall Street consensus, highlighting the company's growth potential.
  • Capital Expenditure Outlook: Energy Transfer anticipates $5 billion to $5.5 billion in annual growth capex through FY 2030, with the analyst suggesting that this forecast may underestimate the company's actual growth opportunities, further boosting investor confidence.
Fool
8.5
05-25Fool
Midstream Energy Companies Thrive Amid AI Data Center Boom
  • AI Data Center Growth: The surge in demand for uninterrupted power from AI data centers has led to at least a 19% increase in stock prices for midstream energy companies like Enterprise Products Partners, Enbridge, and Energy Transfer, reflecting strong market demand and investor confidence.
  • Attractive Dividends: Enterprise Products Partners has raised its dividend for 28 consecutive years, with a 2.8% increase this year to $0.55 per quarter, resulting in a current yield of approximately 5.58%, showcasing its robust cash flow coverage.
  • Stable Financial Model: All three companies utilize a toll-road financial model, with 85% to 98% of cash flows derived from long-term contracts, ensuring stable revenue in inflationary environments; Enterprise Products Partners and Energy Transfer maintain distribution coverage ratios of about 1.7 to 1.8, providing ample free cash flow for new project investments.
  • Energy Transfer's Expansion Potential: Among the three, Energy Transfer stands out due to its favorable valuation and highest dividend yield, with an aggressive expansion strategy aimed at capturing the AI data center boom, presenting strong growth potential despite certain risks, making it a prime investment choice currently.
NASDAQ.COM
8.0
05-25NASDAQ.COM
Midstream Energy Companies Show Significant Dividend Growth
  • Dividend Growth Trend: Enterprise Products Partners has raised its dividend for 28 consecutive years, with a 2.8% increase this year to $0.55 per quarter, resulting in a current yield of 5.58%, indicating strong cash flow coverage and potential for future increases.
  • Strong Performance: In Q1 2026, Enterprise Products Partners reported adjusted EBITDA of $2.7 billion, a 10% year-over-year increase, driven by record natural gas liquids production, with DCF rising 34.5% compared to the same quarter last year, further solidifying its market position.
  • Impact of Energy Transition: The rise of data centers and AI is driving growth for midstream companies like Enbridge and Energy Transfer, the latter boasting a dividend yield of 6.6% and having consistently raised its distribution for 18 consecutive quarters, showcasing its competitive edge in the market.
  • Optimistic Market Outlook: Despite potential oil price fluctuations affecting midstream pipeline volumes, the long-term contract-based fee model of all three companies demonstrates strong financial resilience, with expectations to continue benefiting from the demand generated by AI data centers.
Globenewswire
8.5
05-25Globenewswire
Calian Launches ATHORA Platform to Enhance Military Capabilities
  • Platform Launch: Calian Group Ltd. has announced the launch of ATHORA™, a platform designed to accelerate military operational readiness and capability integration through an open system architecture, enhancing defense modernization for Canada and its allies.
  • Partnership Collaboration: The platform's development involves collaboration with the Canadian defense industry, with Evertz Microsystems Ltd. as a foundational partner, leveraging its global experience in real-time data fusion solutions to drive ATHORA's implementation.
  • Modernization Challenges: ATHORA aims to address the fragmentation of systems and disconnection of data flows in current military architectures by providing secure interoperability and decision advantages, thereby enhancing operational capabilities across land, sea, air, space, cyber, and electromagnetic domains.
  • Supporting Domestic Capability: The platform aligns with the Canadian government's Defense Industrial Strategy, aiming to assist local SMEs in transitioning capabilities from development to operational deployment more rapidly, thereby strengthening Canada's sovereign capabilities and intellectual property.
Yahoo Finance
6.0
05-24Yahoo Finance
Energy Transfer LP: Top Natural Gas Stock for Transition Power
  • Analyst Target Increase: TD Cowen analyst Jason Gabelman raised Energy Transfer's price target from $22 to $23 while maintaining a Buy rating, indicating improved EBITDA guidance for fiscal 2026 driven by optimization opportunities, reflecting a strong financial outlook.
  • Growing Market Demand: Bank of America also raised its target to $24, highlighting the strength of natural gas liquids and natural gas markets, suggesting that the company benefits from robust U.S. hydrocarbon production and export demand growth, enhancing its investment appeal.
  • Infrastructure Advantage: Energy Transfer LP boasts a comprehensive infrastructure network, including pipelines, storage facilities, and processing assets, effectively handling natural gas, crude oil, and their derivatives, ensuring competitiveness in the transitional energy market.
  • Investment Potential Assessment: While analysts are optimistic about ET's prospects, they note that certain AI stocks may offer greater upside potential and lower downside risk, urging investors to exercise caution in their selections.
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
New
Reason
Morgan Stanley
Price Target
$21 -> $23
AI Analysis
2026-05-27
New
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
New
Reason
Jefferies
Price Target
2026-05-26
New
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 11.51, compared to its 5-year average forward P/E of 10.12. 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
10.12
Current PE
11.51
Overvalued PE
12.25
Undervalued PE
7.99

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
7.78
Current EV/EBITDA
7.71
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
0.51
Current PS
0.60
Overvalued PS
0.63
Undervalued PS
0.40

Financials

AI Analysis
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Whales Holding ET

T
Texas Yale Capital Corp.
Holding
ET
+29.34%
3M Return
N
Natixis S.A.
Holding
ET
+18.06%
3M Return
L
Leap Investments LP
Holding
ET
+17.19%
3M Return
H
Hudson River Trading LLC
Holding
ET
+17.14%
3M Return
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Group One Trading LLC
Holding
ET
+17.13%
3M Return
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Mirae Asset Global Investments Co., Ltd
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ET
+17.02%
3M Return

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Frequently Asked Questions

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

The current price of ET is 19.17 USD — it has decreased -1.29

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 May 30 2026.

What is Energy Transfer LP (ET) market cap?

Today ET has the market capitalization of 65.97B USD.