Energy Transfer LP (ET)

US — Energy Sector
Peers: EPD  MPLX  KMI  OKE  ENB  DVN 

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Key Metrics & Ratings

  • symbol ET
  • Rev/Share 23.915
  • Book/Share 13.5746
  • PB 1.7138
  • Debt/Equity 1.7159
  • CurrentRatio 1.1228
  • ROIC 0.0762

 

  • MktCap 60536599200.0
  • FreeCF/Share 1.7655
  • PFCF 9.9928
  • PE 12.3606
  • Debt/Assets 0.4794
  • DivYield 0.0914
  • ROE 0.1399

 

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

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation ET TD Cowen -- Buy -- $22 July 7, 2025
Resumed ET BofA Securities -- Buy -- $20 Oct. 17, 2024

News

Energy Transfer: Buying Fat Yields On Sale
ET
Published: July 09, 2025 by: Seeking Alpha
Sentiment: Positive

Energy Transfer LP remains a strong buy due to its attractive 7.4% distribution yield, offering portfolio stability amid market uncertainty. Despite underperforming mega-cap tech stocks, ET delivered a solid 14% total return since my last update, reinforcing its defensive qualities. I plan to continue accumulating ET shares, as its risk/reward profile and income potential are compelling in today's volatile environment.

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image for news Energy Transfer: Buying Fat Yields On Sale
Wall Street Analysts See Energy Transfer LP (ET) as a Buy: Should You Invest?
ET
Published: July 07, 2025 by: Zacks Investment Research
Sentiment: Negative

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

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image for news Wall Street Analysts See Energy Transfer LP (ET) as a Buy: Should You Invest?
Will Energy Transfer's Wide Pipeline Network Power Long-Term Growth?
ET
Published: July 04, 2025 by: Zacks Investment Research
Sentiment: Positive

ET's vast pipeline network, strong exports and undervalued units position it for steady long-term growth.

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image for news Will Energy Transfer's Wide Pipeline Network Power Long-Term Growth?
3 Top Stocks Under $20 Riding the “Made in America” Wave
CLF, ET, NWL
Published: July 03, 2025 by: MarketBeat
Sentiment: Neutral

For years, “Made in America” has been a slogan that many investors and consumers viewed as having more style than substance. Consumers have said they want to buy from American companies, but many of those American companies source their products from other countries.

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image for news 3 Top Stocks Under $20 Riding the “Made in America” Wave
1 Dividend Giant Paying Over 7%, With Big Things Coming
ET
Published: July 02, 2025 by: The Motley Fool
Sentiment: Neutral

It's always nice to see the prices of your stock appreciate, but that's not the only way to make a good amount of money in the stock market. There are also dividends, which are more predictable and can significantly contribute to your total returns.

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image for news 1 Dividend Giant Paying Over 7%, With Big Things Coming
ET or OKE: Which Is the Better Value Stock Right Now?
ET, OKE
Published: July 01, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors with an interest in Oil and Gas - Production Pipeline - MLB stocks have likely encountered both Energy Transfer LP (ET) and Oneok Inc. (OKE). But which of these two stocks presents investors with the better value opportunity right now?

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image for news ET or OKE: Which Is the Better Value Stock Right Now?
Are Investors Undervaluing Energy Transfer (ET) Right Now?
ET
Published: July 01, 2025 by: Zacks Investment Research
Sentiment: Positive

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

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image for news Are Investors Undervaluing Energy Transfer (ET) Right Now?
ET vs. KMI: Which Midstream Stock Offers Investors Better Returns?
ET, KMI
Published: June 30, 2025 by: Zacks Investment Research
Sentiment: Neutral

ET and KMI are two strong operators in the midstream space, and continue to provide essential midstream services to their customers.

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image for news ET vs. KMI: Which Midstream Stock Offers Investors Better Returns?
Energy Transfer LP (ET) is Attracting Investor Attention: Here is What You Should Know
ET
Published: June 30, 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 Energy Transfer LP (ET) is Attracting Investor Attention: Here is What You Should Know
Can Systematic Capital Expenditure Drive Energy Transfer's Growth?
ET
Published: June 27, 2025 by: Zacks Investment Research
Sentiment: Positive

ET ramps up high-return infrastructure projects to boost volume growth, operational scale and long-term cash flows.

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image for news Can Systematic Capital Expenditure Drive Energy Transfer's Growth?
Chevron & Energy Transfer Announce 20-Year LNG Supply Agreement
CVX, ET
Published: June 27, 2025 by: Zacks Investment Research
Sentiment: Positive

CVX extends LNG agreement with Energy Transfer for 20 years, adding 1 million tpy and raising total supply to 3 million tpy from Lake Charles LNG.

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image for news Chevron & Energy Transfer Announce 20-Year LNG Supply Agreement
17 Ideal 'Safer' Dividend Dogs To Buy Out Of 72 June Graham Value All-Stars
ARCC, BCS, BNS, BXSL, CALM, COLB, DHT, EPD, ET, FLNG, FSK, GBDC, HP, HTGC, ING, ITUB, JD, MO, MPLX, NOAH, NWBI, OBDC, PFE, RIO, RMR
Published: June 25, 2025 by: Seeking Alpha
Sentiment: Positive

I use YCharts' Value Score and Ben Graham Formula Value All Stars, or GASV, to identify large-cap stocks offering strong value and dividend safety. Seventeen out of twenty-four "safer" lowest-priced Dividend Dogs of the GASV are currently fair-priced and ready to buy for income investors. Top ten GASV stocks offer projected average net gains of 32.99% by June 2026, with yields ranging from 8.94% to 13.81%.

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image for news 17 Ideal 'Safer' Dividend Dogs To Buy Out Of 72 June Graham Value All-Stars
Energy Transfer: For Those Tired Of The Oil Price Rollercoaster
ET
Published: June 25, 2025 by: Seeking Alpha
Sentiment: Negative

Oil prices are likely to remain highly volatile given the undergoing geopolitical risks, especially the OPEC+ production decisions and also the Israel-Iran conflict. ET can help shield energy investors against oil price fluctuations due to its fee-based model, consistent dividends, and generous yield. In addition, the use of P/E ratios exaggerates its valuation, which is quite reasonable when adjusted for leverages.

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image for news Energy Transfer: For Those Tired Of The Oil Price Rollercoaster
ENB and ET Announce Open Season for Southern Illinois Connector
ENB, ET
Published: June 25, 2025 by: Zacks Investment Research
Sentiment: Positive

Enbridge and Energy Transfer plan pipeline expansion to move more Canadian crude to the Gulf Coast; open season runs through July 18.

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image for news ENB and ET Announce Open Season for Southern Illinois Connector
Can Fee-Based Contracts Continue to Boost ET Stock's Performance?
ET
Published: June 24, 2025 by: Zacks Investment Research
Sentiment: Positive

Energy Transfer's fee-based contracts drive steady earnings, support growth investments and shield it from commodity price volatility.

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image for news Can Fee-Based Contracts Continue to Boost ET Stock's Performance?
If I Could Only Buy 1 Income Investment Today (8% Yield)
EPD, ET, MPC, MPLX
Published: June 23, 2025 by: Seeking Alpha
Sentiment: Positive

I share the keys I insist on when identifying income investments. I share my top income investment today. I also share some honorable mentions.

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image for news If I Could Only Buy 1 Income Investment Today (8% Yield)
These Energy Dividend Stocks Print Money
ET, KMI, WMB
Published: June 22, 2025 by: The Motley Fool
Sentiment: Neutral

Cash flows across the energy sector tend to be more variable due to commodity price volatility . However, some energy stocks just print money because their business models have minimal direct exposure to commodity prices.

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image for news These Energy Dividend Stocks Print Money
5-9% Yields To Build A Low-Stress Dividend Income Stream
AMLP, ARCC, BAM, BEP, BEPC, BIP, BIPC, BIZD, BX, CWEN, DGRO, ENB, EPD, EPRT, ET, JEPI, JEPQ, MAIN, MSDL, NNN, O, QQQI, SCHD, SPYI, TRP
Published: June 22, 2025 by: Seeking Alpha
Sentiment: Positive

Building a low-stress retirement income stream requires a diversified portfolio of durable, defensive, and dividend-growing stocks or funds. I share two approaches to achieving a low-stress dividend growth portfolio that yields 5-9%. I detail which of the two approaches is my favorite, as well as some of my top big dividend growth picks for retirees right now.

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image for news 5-9% Yields To Build A Low-Stress Dividend Income Stream
New June Fortune 500 Industry Leaders Show 3 Ideal "Safer" Dividend Buys
COP, CVS, DOW, ET, HD, IP, MET, NKE, NVDA, OMC, PEP, SYY, UNH, UPS, VZ, WBA, WHR, WKC
Published: June 20, 2025 by: Seeking Alpha
Sentiment: Positive

Three Fortune 500 Industry Leaders—Energy Transfer, Verizon, and World Kinect—currently meet the 'dogcatcher' ideal of fair price and safer dividends. Analyst targets project 21% to 50% net gains for the top ten F500IL dividend dogs by June 2026, with average gains of 28.8%. Most top-yielding F500IL stocks remain overpriced, but a 60% market correction or dividend increases could make all ten fairly priced for income investors. Twelve F500IL stocks have negative free cash flow margins, making them unsafe for dividends; focus on the three 'safer' fair-priced options for now.

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image for news New June Fortune 500 Industry Leaders Show 3 Ideal "Safer" Dividend Buys
Can ET's Growing NGL Export Infrastructure Place it for Global Growth?
ET
Published: June 20, 2025 by: Zacks Investment Research
Sentiment: Positive

Energy Transfer expands NGL export hubs to meet global demand and boosts margins with fee-based contracts.

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image for news Can ET's Growing NGL Export Infrastructure Place it for Global Growth?
Dividends Under $30: Don't Miss This 7.3% High-Yield Stock
ET
Published: June 20, 2025 by: 24/7 Wall Street
Sentiment: Positive

Some dividend stocks are much safer than others, and ET is one of them. The underlying business is recession-resistant and tariff-resistant.

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image for news Dividends Under $30: Don't Miss This 7.3% High-Yield Stock
Dividend Bargains Too Good For Retirees To Ignore
EPD, ET, MPLX, O, PAA
Published: June 20, 2025 by: Seeking Alpha
Sentiment: Positive

Retirement income investments usually demand higher valuations for safety, cash flow, and inflation protection, similar to paying more for comprehensive insurance. Many retirees face a gap between income goals and available capital, making high-priced defensive assets less practical. To bridge this gap, seeking higher yields is tempting but risky; caution, diversification, and patience are essential when yields exceed 7%-8%.

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image for news Dividend Bargains Too Good For Retirees To Ignore
What I Wish I Knew Before Buying BDCs, REITs, And MLPs
AMLP, ARCC, BIZD, BX, BXSL, ET, GBDC, KMI, MAIN, MPLX, NNN, O, VNQ, WPC
Published: June 19, 2025 by: Seeking Alpha
Sentiment: Neutral

BDCs, REITs, and MLPs offer attractive, sustainable yields due to pass-through structures and stable cash flow profiles. However, each of these sectors has its own unique quirks. I discuss several of these that are often overlooked by investors.

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image for news What I Wish I Knew Before Buying BDCs, REITs, And MLPs
Energy Transfer LP (ET) Is a Trending Stock: Facts to Know Before Betting on It
ET
Published: June 18, 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 Energy Transfer LP (ET) Is a Trending Stock: Facts to Know Before Betting on It
ET Stock Outperforms its Industry in Nine Months: How to Play?
ET
Published: June 17, 2025 by: Zacks Investment Research
Sentiment: Positive

ET has outpaced its industry with a 12.2% rally in nine months, but new export rules raise fresh uncertainties for investors.

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image for news ET Stock Outperforms its Industry in Nine Months: How to Play?
JPMorgan's Analyst Focus List Has 4 Strong Buy Ultra-High-Yield Dividend Giants as Top Picks
BBY, EPR, ET, NLY
Published: June 16, 2025 by: 24/7 Wall Street
Sentiment: Positive

All the major Wall Street firms we cover here at 24/7 Wall St. have a list of the top stock picks for their institutional and retail clients to invest in.

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image for news JPMorgan's Analyst Focus List Has 4 Strong Buy Ultra-High-Yield Dividend Giants as Top Picks
Oil Price Hike: 2 Big Dividend Stocks Set To Spike
AMLP, CIVI, CVX, ENB, EPD, ET, KMI, PAA, PAGP, XOM
Published: June 13, 2025 by: Seeking Alpha
Sentiment: Positive

Israel has attacked Iran to prevent it from getting a nuclear weapon. This has caused markets to experience considerable turmoil. I share 2 big dividend stocks set to soar in response.

Read More
image for news Oil Price Hike: 2 Big Dividend Stocks Set To Spike
Energy Transfer: I've Climbed K-1 For AI--What's Your P(Doom)?
ET
Published: June 11, 2025 by: Seeking Alpha
Sentiment: Positive

Energy Transfer is the largest natural gas MLP with 130,000+ miles of pipeline and strong fee-based revenue. AI-driven data center growth may significantly boost long-term natural gas volume and midstream demand. MLPs like ET offer tax-deferred, high-yield income ideal for semi-retired/retired or passive income investors using taxable accounts.

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image for news Energy Transfer: I've Climbed K-1 For AI--What's Your P(Doom)?
5 Ideal 'Safe' Buys From June Fortune Return On Leadership Screen
ACI, BMY, CMCSA, COP, CVS, CVX, EPD, ET, F, HPQ, MRK, PFE, PRU, T, UNH, UPS, VZ, WBA, XOM
Published: June 10, 2025 by: Seeking Alpha
Sentiment: Positive

Coincident to the June 5, 2025 annual launch of their Fortune 500, Fortune also partnered with Indiggo to measure Return On Leadership, called the ROL100. Arnold research focused on those 100 using YCharts 6/6/25 data on Dividends from 78, which hereafter are referred to as the Fortune Return on Leadership Dividend Dogs (FROLD). ReturnOnLeadership is based on four fundamental factors: Connection to Purpose, Strategic Clarity, Leadership Alignment, and Focused Action.

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image for news 5 Ideal 'Safe' Buys From June Fortune Return On Leadership Screen
Rapidly Growing 7%+ Yield: My Favorite High-Yield Fund Today
AMLP, EPD, ET, JEPQ, MLPA, MPLX, RQI, SCHD, UTF, UTG, VNQ
Published: June 10, 2025 by: Seeking Alpha
Sentiment: Positive

It is rare to find a fund that combines high yield, high growth, no leverage, and strong underlying quality. I share my favorite fund that checks all of these boxes. I also share how to position it in a portfolio.

Read More
image for news Rapidly Growing 7%+ Yield: My Favorite High-Yield Fund Today

About Energy Transfer LP (ET)

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