Energy Transfer LP (ET)

US — Energy Sector
Peers: KMI  MPLX  EPD  TRP  EOG  OKE  E  EQNR  SLB  LNG 

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Key Metrics & Ratings

  • symbol ET
  • Rev/Share 21.9156
  • Book/Share 30.7354
  • PB 1.313
  • Debt/Equity 1.4092
  • CurrentRatio 1.4055
  • ROIC 0.0769

 

  • MktCap 56167763766.0
  • FreeCF/Share 1.4459
  • PFCF 10.6742
  • PE 13.1781
  • Debt/Assets 0.4941
  • DivYield 0.0804
  • ROE 0.112

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 2
  • DCF Score 5
  • P/B Score 3
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Downgrade ET Morgan Stanley Overweight Equal Weight -- $19 Dec. 18, 2025
Initiation ET Jefferies -- Hold -- $17 Oct. 29, 2025
Initiation ET Scotiabank -- Sector Outperform -- $23 Sept. 2, 2025
Initiation ET TD Cowen -- Buy -- $22 July 7, 2025
Resumed ET BofA Securities -- Buy -- $20 Oct. 17, 2024

News

Energy Transfer to Expand Transwestern Pipelines for Southwest Growth
ET
Published: December 23, 2025 by: Zacks Investment Research
Sentiment: Positive

ET plans to widen Transwestern Desert Southwest pipes to 48 inches, lifting capacity to 2.3 Bcf/d to move Permian gas to Arizona and New Mexico.

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image for news Energy Transfer to Expand Transwestern Pipelines for Southwest Growth
A Golden Buying Opportunity Few Investors Have Noticed Yet
AMLP, ARCC, BIZD, BXSL, ENB, EPD, ET, FSK, KMI, MLPA, MPLX, PAA, SCHD, SPY, TRP, VNQ, XLU
Published: December 22, 2025 by: Seeking Alpha
Sentiment: Positive

The market looks very overvalued today. However, there is a corner of it that appears largely overlooked. I detail why I am pouring a large percentage of my portfolio into this golden buying opportunity.

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image for news A Golden Buying Opportunity Few Investors Have Noticed Yet
Energy Transfer: An 8.1% Yield, Undervalued And A Buy As Debt Fears Are Overdone
ET
Published: December 19, 2025 by: Seeking Alpha
Sentiment: Positive

Energy Transfer is rated a buy, offering an 8.1% yield with 20–39% upside potential by 2026 as market discounts overstate risk. ET's fee-based, long-term contracts drive stable cash flows, with 90% of EBITDA shielded from commodity price volatility and steady demand growth tailwinds. While EBITDA margins may soften, sales growth and reduced CapEx are expected to improve net debt leverage after a near-term peak.

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image for news Energy Transfer: An 8.1% Yield, Undervalued And A Buy As Debt Fears Are Overdone
3 Cheap Dividend Stocks That Can Beat Inflation and Pay You to Wait
ACI, ET, HBAN
Published: December 18, 2025 by: MarketBeat
Sentiment: Positive

While it may not be anything like the 7% to 8% inflation rate of 2022 and 2023, the consensus view is that inflation will remain above the Federal Reserve's preferred 2% target for some time to come. That makes dividend stocks more attractive, particularly those with yields that outpace the rate of inflation.

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image for news 3 Cheap Dividend Stocks That Can Beat Inflation and Pay You to Wait
Investors Heavily Search Energy Transfer LP (ET): Here is What You Need to Know
ET
Published: December 16, 2025 by: Zacks Investment Research
Sentiment: Positive

Energy Transfer LP (ET) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Read More
image for news Investors Heavily Search Energy Transfer LP (ET): Here is What You Need to Know
Undercovered Dozen: Capital Southwest, The Trade Desk, Energy Transfer And More
CSWC, ET, TTD
Published: December 15, 2025 by: Seeking Alpha
Sentiment: Neutral

The Undercovered Dozen series spotlights 12 lesser-known stocks highlighted in recent Seeking Alpha articles. This week's edition covers articles published between Dec. 5 and Dec. 11, offering fresh investment ideas. The series aims to inspire discussion and help investors discover overlooked opportunities in the market.

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image for news Undercovered Dozen: Capital Southwest, The Trade Desk, Energy Transfer And More
Sunoco Makes its Return to INDYCAR, Joins Chip Ganassi Racing in Multi-Year Partnership
ET, SUN
Published: December 12, 2025 by: GlobeNewsWire
Sentiment: Neutral

INDIANAPOLIS, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Sunoco is making its return to the NTT INDYCAR SERIES as a full-time primary partner with Chip Ganassi Racing on the No. 8 Honda driven by Kyffin Simpson beginning in 2026.

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image for news Sunoco Makes its Return to INDYCAR, Joins Chip Ganassi Racing in Multi-Year Partnership
Evertz Technologies Limited (ET:CA) Q2 2026 Earnings Call Transcript
ET, EVTZF
Published: December 11, 2025 by: Seeking Alpha
Sentiment: Neutral

Evertz Technologies Limited ( ET:CA ) Q2 2026 Earnings Call December 10, 2025 5:00 PM EST Company Participants Brian Campbell - Executive Vice-President of Business Development Doug Moore - CFO & Secretary Conference Call Participants Thanos Moschopoulos - BMO Capital Markets Equity Research Robert Young - Canaccord Genuity Corp., Research Division Paul Treiber - RBC Capital Markets, Research Division Presentation Operator Good afternoon, ladies and gentlemen, and welcome to the Evertz Q2 of Fiscal 2026 Conference Call. [Operator Instructions] I would now like to turn the conference over to Brian Campbell, Executive Vice President of Business Development.

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image for news Evertz Technologies Limited (ET:CA) Q2 2026 Earnings Call Transcript
Energy Transfer says Lake Charles LNG investment nod expected in early 2026
ET
Published: December 10, 2025 by: Reuters
Sentiment: Positive

U.S. pipeline operator Energy Transfer has secured enough agreements to sell liquefied natural gas to make a final investment decision on its Lake Charles LNG project early next year, an executive said on Wednesday at the Reuters Energy Live conference in Houston.

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image for news Energy Transfer says Lake Charles LNG investment nod expected in early 2026
Here is What to Know Beyond Why Energy Transfer LP (ET) is a Trending Stock
ET
Published: December 05, 2025 by: Zacks Investment Research
Sentiment: Positive

Energy Transfer LP (ET) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

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image for news Here is What to Know Beyond Why Energy Transfer LP (ET) is a Trending Stock
Interest Rates Are Going Lower: 4 Quality 7%+ Dividend Stocks to Buy Now
CAG, ET, MO, UHT
Published: December 05, 2025 by: 24/7 Wall Street
Sentiment: Positive

Interest rate cuts make high-yield dividend stocks more attractive by reducing competition from fixed-income investments and lowering companies' borrowing costs, thereby supporting both dividend sustainability and stock price appreciation.

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image for news Interest Rates Are Going Lower: 4 Quality 7%+ Dividend Stocks to Buy Now
7%+ Yields: I Am Giving Thanks For My Favorite Black Friday Special
AMLP, BIZD, ENB, EPD, ET, GEL, KMI, MLPA, OKE, TRP, UTG, VNQ, WMB, XLU
Published: November 28, 2025 by: Seeking Alpha
Sentiment: Positive

I am thankful for many things this year. I am particularly thankful for my favorite Black Friday special from Mr. Market. I detail why I like this high-yielding bargain.

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image for news 7%+ Yields: I Am Giving Thanks For My Favorite Black Friday Special
Dividend Harvesting Portfolio Week 247: $24,700 Allocated, $2,737.06 In Projected Dividends
AMLP, ET, MO, NVDA, OHI, STWD
Published: November 27, 2025 by: Seeking Alpha
Sentiment: Neutral

The Dividend Harvesting Portfolio is positioned for long-term growth, benefiting from a lower rate environment and the ongoing A.I. revolution. Despite NVDA's stellar earnings, market volatility persists due to rising unemployment and uncertainty around Fed rate cuts, highlighting recession risks. Weekly additions include GPIQ, AMLP, and STWD, focusing on high-yield, income-generating assets while maintaining sector diversification and risk mitigation.

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image for news Dividend Harvesting Portfolio Week 247: $24,700 Allocated, $2,737.06 In Projected Dividends
Energy Transfer Is A Better Opportunity By Each Passing Quarter
ET
Published: November 26, 2025 by: Seeking Alpha
Sentiment: Positive

Energy Transfer remains a top opportunity in the midstream sector, supported by strong fee-based operations and strategic partnerships. ET's Q3 earnings showed resilience, with stable core EBITDA despite commodity price weakness and a distribution increase supported by a robust coverage ratio. The Oracle and Voltagrid deal positions ET at the forefront of AI-driven energy demand, enhancing asset utilization and long-term growth prospects.

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image for news Energy Transfer Is A Better Opportunity By Each Passing Quarter
Energy Transfer: Owning The Infrastructure Behind A.I. Yielding Over 8%
ET
Published: November 26, 2025 by: Seeking Alpha
Sentiment: Positive

Energy Transfer (ET) is positioned as a key infrastructure provider for the A.I. revolution, benefiting from surging power needs and data center expansion. ET's Q3 saw record transportation volumes and long-term contracts, supporting a growing 8%+ distribution yield despite headline financial softness from one-time items. ET remains undervalued versus peers, trading at the lowest EBITDA multiples in its group, and offers investors attractive income and potential for price appreciation.

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image for news Energy Transfer: Owning The Infrastructure Behind A.I. Yielding Over 8%
ET vs. KMI: Which Midstream Stock Has More Upside Potential for Now?
ET, KMI
Published: November 26, 2025 by: Zacks Investment Research
Sentiment: Positive

Energy Transfer's earnings outlook, higher yield and discounted valuation make it the more compelling midstream choice for now compared with Kinder Morgan.

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image for news ET vs. KMI: Which Midstream Stock Has More Upside Potential for Now?
Is Trending Stock Energy Transfer LP (ET) a Buy Now?
ET
Published: November 24, 2025 by: Zacks Investment Research
Sentiment: Positive

Energy Transfer LP (ET) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

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image for news Is Trending Stock Energy Transfer LP (ET) a Buy Now?
Boomers and Gen Z Are Buying 5 High-Yield Stocks Under $20 Hand-Over-Fist
DOC, EFC, ET, TXO, VALE
Published: November 24, 2025 by: 24/7 Wall Street
Sentiment: Positive

Investors love dividend stocks, especially high-yield varieties, because they offer a significant income stream and have substantial total return potential.

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image for news Boomers and Gen Z Are Buying 5 High-Yield Stocks Under $20 Hand-Over-Fist
ET Stock Trading at a Discount to Industry at 8.96X: How to Play?
ET
Published: November 21, 2025 by: Zacks Investment Research
Sentiment: Positive

ET currently trades below industry valuation, the vast pipeline network, fee-based revenues and expansion plans make it attractive, while lower ROE than industry is a concern.

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image for news ET Stock Trading at a Discount to Industry at 8.96X: How to Play?
Choosing Stability Over Scale: Why EPD Tops ET In My Portfolio
EPD, ET
Published: November 18, 2025 by: Seeking Alpha
Sentiment: Positive

Enterprise Products Partners (EPD) and Energy Transfer (ET) are leading MLPs with distinct strategies: EPD emphasizes conservative growth, while ET pursues aggressive expansion. EPD boasts a strong balance sheet, high credit ratings, and nearly self-funded distributions, making it a model of stability and reliable compounding in midstream. ET offers higher yield and greater growth potential but carries higher leverage and risk, appealing to investors comfortable with volatility and seeking income upside.

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image for news Choosing Stability Over Scale: Why EPD Tops ET In My Portfolio
The Energy Chart Nobody Is Paying Attention To, But It Could Change Everything
AMLP, BOTZ, EPD, ET, KMI, LNG, OKE, TRP, WMB, XLE
Published: November 17, 2025 by: Seeking Alpha
Sentiment: Positive

I share the one chart that is not getting nearly enough attention, given its immense implications for the world economy. This chart reveals a massive power shift that markets haven't priced in, and it could reshape the entire future of AI, manufacturing, and geopolitics. I detail how I am positioning my portfolio to take advantage of it.

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image for news The Energy Chart Nobody Is Paying Attention To, But It Could Change Everything
Energy Transfer: High Distribution Yields And Growing AI Monetization Opportunities
ET
Published: November 17, 2025 by: Seeking Alpha
Sentiment: Positive

ET remains a great Buy, with the discounted valuations and the softer commodity spot prices already triggering the richer distribution yields of 8.02%. This is especially since 90% of its adj EBITDA generation is based on transport and storage fees - differentiating its prospects as a oil/gas pipeline company. ET has also delivered new AI-related natural gas supply opportunities, with it expected to "generate more than $25 billion of revenue from firm transportation fees" over 18 years.

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image for news Energy Transfer: High Distribution Yields And Growing AI Monetization Opportunities
One Of The Best High-Yield Setups I've Ever Seen
AMLP, BEP, BEPC, CEG, CRAK, CWEN, ENB, EPD, ET, FCG, HASI, ICLN, NVDA, OKE, PLTR, TRP, USO, UTF, VST, WMB, XLE, XLK, XLU
Published: November 14, 2025 by: Seeking Alpha
Sentiment: Positive

There is a major market disconnect emerging in the midst of the AI boom. I discuss why this disconnect provides investors with one of the most attractive high-yielding investment opportunities I have ever seen with near-term catalysts. I also share some of my top picks to profit from this disconnect.

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image for news One Of The Best High-Yield Setups I've Ever Seen
Energy Transfer Update: Superior Yield And Valuation, Nagging Capital Efficiency
ET
Published: November 12, 2025 by: Seeking Alpha
Sentiment: Positive

This article provides an Energy Transfer LP investor update and assessment. ET's 3Q 2025 results indicated somewhat pedestrian segment results, but volumes are up and cash flow remains strong. I believe the best forward growth opportunities include intrastate natural gas projects, associated data center power demand, and NGL exports.

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image for news Energy Transfer Update: Superior Yield And Valuation, Nagging Capital Efficiency
3 Oil Pipeline MLP Stocks to Watch Despite Industry Headwinds
DK, ET, PAA
Published: November 11, 2025 by: Zacks Investment Research
Sentiment: Negative

Conservative capital spending by upstream players and gradual shifting to renewables may hurt the demand for midstream players??? assets. DK, ET and PAA are surviving the industry challenges.

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image for news 3 Oil Pipeline MLP Stocks to Watch Despite Industry Headwinds
Is Most-Watched Stock Energy Transfer LP (ET) Worth Betting on Now?
ET
Published: November 11, 2025 by: Zacks Investment Research
Sentiment: Positive

Zacks.com users have recently been watching Energy Transfer LP (ET) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Read More
image for news Is Most-Watched Stock Energy Transfer LP (ET) Worth Betting on Now?
LNG Export Demand Driving Natural Gas to Highs: 5 Strong Buy Dividend Leaders
EQT, ET, KMI, LNG, XOM
Published: November 07, 2025 by: 24/7 Wall Street
Sentiment: Positive

Liquid natural gas (LNG) exports to Europe and Asia, combined with the increasing electricity demand from data centers, are expected to significantly increase natural gas consumption in the U.S.

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image for news LNG Export Demand Driving Natural Gas to Highs: 5 Strong Buy Dividend Leaders
Energy Transfer Q3 Earnings Lag Estimates, Revenues Decline Y/Y
ET
Published: November 06, 2025 by: Zacks Investment Research
Sentiment: Negative

ET's Q3 earnings and revenues fall short of expectations, but new projects highlight its expansion drive.

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image for news Energy Transfer Q3 Earnings Lag Estimates, Revenues Decline Y/Y
Are These 4 Energy Stocks Set to Beat Q3 Earnings Estimates?
APA, DVN, ET, PR
Published: November 04, 2025 by: Zacks Investment Research
Sentiment: Positive

Here is a look at what to expect from energy stocks APA, PR, ET and DVN ahead of their quarterly earnings reports, which are set to be released tomorrow.

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image for news Are These 4 Energy Stocks Set to Beat Q3 Earnings Estimates?
If I Could Only Buy 2 High-Yield Funds, It Would Be These
AMLP, BIZD, CEG, CNP, EPD, ET, JEPQ, JNK, MLPA, MORT, PFF, SCHD, UTG, VST, XLU
Published: November 03, 2025 by: Seeking Alpha
Sentiment: Positive

These two high-yield funds combine dependable income with exposure to some of the strongest long-term secular trends. They offer high yields that are backed by portfolios filled with high-quality companies. They also trade at very attractive valuations and provide strong dividend growth.

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image for news If I Could Only Buy 2 High-Yield Funds, It Would Be These

About Energy Transfer LP (ET)

  • IPO Date 2006-02-03
  • Website https://energytransfer.com
  • Industry Oil & Gas Midstream
  • CEO Marshall S. McCrea
  • Employees 16248

Energy Transfer LP provides energy-related services. The company owns and operates approximately 11,600 miles of natural gas transportation pipeline, and three natural gas storage facilities in Texas and two natural gas storage facilities located in the state of Texas and Oklahoma; and 19,830 miles of interstate natural gas pipeline. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. The company owns and operates natural gas gathering and natural gas liquid (NGL) pipeline, processing plant, and treating and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; and a natural gas gathering system in Ohio, as well as transport and supplies water to natural gas producer in Pennsylvania. It owns approximately 5,215 miles of NGL pipeline; NGL and propane fractionation facilities; NGL storage facilities with working storage capacity of approximately 50 million barrels (MMBbls); and other NGL storage assets and terminal with an aggregate storage capacity of approximately 17 MMBbls. The company provides crude oil transportation, terminalling, acquisition, and marketing activities; and sells and distributes gasoline, middle distillate, and motor fuels and other petroleum product. It offers natural gas compression service; carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management service; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalty, and generate electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. The company was founded in 1996 and is headquartered in Dallas, Texas.