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 12.9542
  • PB 1.9278
  • Debt/Equity 1.8447
  • CurrentRatio 1.4055
  • ROIC 0.0755

 

  • MktCap 63071316508.0
  • FreeCF/Share 1.4459
  • PFCF 11.9862
  • PE 14.7972
  • Debt/Assets 0.4947
  • DivYield 0.0716
  • ROE 0.1292

 

  • 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
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

The Only Investing Strategy I'd Trust With My Entire Financial Future
AMLP, ARCC, B, BAM, BEP, BEPC, BIP, BIPC, BIZD, BN, BX, BXSL, CNQ, CPT, CVX, ENB, EPD, ET, FPI, GLD, MAA, MAIN, MLPA, MPLX, NEM
Published: February 03, 2026 by: Seeking Alpha
Sentiment: Positive

The market feels expensive, risky, and unforgiving. Dividend stocks have consistently underperformed recently. There's a third path most investors miss.

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image for news The Only Investing Strategy I'd Trust With My Entire Financial Future
3 Oil Pipeline MLP Stocks Shining Despite Industry Headwinds
EPD, ET, PAA
Published: February 03, 2026 by: Zacks Investment Research
Sentiment: Negative

Conservative capital spending by upstream players is adding uncertainty to the Zacks Oil and Gas - Pipeline MLP industry's outlook. EPD, ET and PAA are surviving the industry challenges.

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image for news 3 Oil Pipeline MLP Stocks Shining Despite Industry Headwinds
3 High-Yield Dividend Stocks to Power Your Income Stream in 2026
ENB, EPD, ET
Published: February 03, 2026 by: The Motley Fool
Sentiment: Positive

The energy sector is known for its volatility. There's one segment of the energy industry that's actually boring and filled with high-yield opportunities.

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image for news 3 High-Yield Dividend Stocks to Power Your Income Stream in 2026
Here is What to Know Beyond Why Energy Transfer LP (ET) is a Trending Stock
ET
Published: February 02, 2026 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 Here is What to Know Beyond Why Energy Transfer LP (ET) is a Trending Stock
Wall Street Bulls Look Optimistic About Energy Transfer LP (ET): Should You Buy?
ET
Published: January 29, 2026 by: Zacks Investment Research
Sentiment: Neutral

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 Bulls Look Optimistic About Energy Transfer LP (ET): Should You Buy?
Boomers and Gen-X Are Grabbing 5 Passive Income High-Yield Giants Before 2026 Rate Cuts
APLE, DOC, ET, MO, VZ
Published: January 29, 2026 by: 24/7 Wall Street
Sentiment: Positive

Dividend stocks are a favorite among investors, especially Boomers and older Gen X investors, for good reason.

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image for news Boomers and Gen-X Are Grabbing 5 Passive Income High-Yield Giants Before 2026 Rate Cuts
Can ET Stock Build a Strong Income Story on Distribution Growth?
ET
Published: January 28, 2026 by: Zacks Investment Research
Sentiment: Positive

Energy Transfer's consistent cash distribution hikes, rising earnings estimates and discounted valuation make it a compelling income pick.

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image for news Can ET Stock Build a Strong Income Story on Distribution Growth?
PAA vs. ET: Which Midstream Stock Deserves a Spot in Your Portfolio?
ET, PAA
Published: January 26, 2026 by: Zacks Investment Research
Sentiment: Positive

PAA and ET, with their vast pipeline network, provide valuable support to the oil and gas industry.

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image for news PAA vs. ET: Which Midstream Stock Deserves a Spot in Your Portfolio?
2 Highest Yielding Quality MLPs To Include In Retirement Portfolios
AMLP, BIZD, DKL, ENB, EPD, ET, HESM, KMI, MPLX, PAA, PDI, PFFA, QQQI, SPH, TRP, USAC, WES
Published: January 26, 2026 by: Seeking Alpha
Sentiment: Positive

Midstream MLPs offer high single-digit yields with strong defensive characteristics, making them attractive for retirement income portfolios. The yield-to-risk ratio in MLPs is compelling, even compared to my other favorite yield plays such as BDCs, covered call, and leveraged CEFs. In the article I elaborate on two highest-yielding MLPs, which are de-risked enough to meet the durable income criteria.

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image for news 2 Highest Yielding Quality MLPs To Include In Retirement Portfolios
$200,000 YOLO Bet Sparks Retail Frenzy Around ET's 7.45% Dividend
ET
Published: January 23, 2026 by: 24/7 Wall Street
Sentiment: Neutral

Shares of Energy Transfer (NYSE:ET) rose 4.4% this week, coinciding with a sharp shift in retail investor sentiment on Reddit.

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image for news $200,000 YOLO Bet Sparks Retail Frenzy Around ET's 7.45% Dividend
Want AI Exposure But Fear The Bubble? Focus On Income
AMLP, ENB, ET, FEPI, QQQ, QQQI
Published: January 22, 2026 by: Seeking Alpha
Sentiment: Neutral

Recent volatility in AI-focused equities like Nvidia, CrowdStrike, and Palantir signals heightened geopolitical risks and investor de-risking. Capital is rotating from mega-cap AI stocks into small-caps, value, high-quality dividends, REITs, BDCs, and energy sectors. I see AI's long-term secular trend as compelling, but current valuations in major indices make direct exposure uncomfortable.

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image for news Want AI Exposure But Fear The Bubble? Focus On Income
Energy Transfer: Hefty Yield Now, Capital Gains Later
ET
Published: January 20, 2026 by: Seeking Alpha
Sentiment: Positive

Energy Transfer has outperformed the S&P 500 in 2026, delivering a 5.2% YTD rally and a 4.5% total return since late October 2025. ET's fundamentals support its nearly 7.7% forward yield, driven by undervaluation, cost efficiency, and structural natural gas tailwinds. ET trades at a notable discount, partly due to a weak earnings surprise record and several double misses against consensus in recent years.

Read More
image for news Energy Transfer: Hefty Yield Now, Capital Gains Later
ET Stock Outpaces Its Industry in the Past Month: Time to Buy or Hold?
ET
Published: January 19, 2026 by: Zacks Investment Research
Sentiment: Positive

ET stock gains 6.4% in a month, outpacing its industry, as expansion projects and steady cash payouts boost investor interest.

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image for news ET Stock Outpaces Its Industry in the Past Month: Time to Buy or Hold?
10 Undervalued Dividend Stocks for 2026
CLX, DOC, DUK, DVN, ET, KEY, KHC, LNT, LYB, MDLZ, O, UPS, VZ
Published: January 19, 2026 by: Morningstar
Sentiment: Positive

#StockPicks #DividendStocks #DividendInvesting Morningstar's Chief US Market Strategist shares his current dividend-paying picks. The 10 Best Dividend Stocks https://www.morningstar.com/stocks/10-best-dividend-stocks 00:00:00 Introduction 00:00:23 Verizon Communications VZ 00:01:08 Kraft Heinz KHC 00:02:05 Entergy Transfer ET 00:02:52 Healthpeak DOC 00:03:54 Realty Income O 00:04:49 Duke Energy DUK 00:05:54 Alliant Energy LNT 00:06:13 Why UPS, KEY, and LYB Are at Risk in 2026 00:08:35 Mondelez International MDLZ 00:09:34 Clorox CLX 00:10: 49 Devon Energy DVN Watch more from Morningstar: 3 Dividend Stocks for January 2026 https://youtu.be/hjcOfdscHnA?si=WeB-l6Hu5AGzv-AO 5 Stocks to Buy in January 2026 https://www.youtube.com/live/gsMbqNrp4GY?si=frBRfJeES__pnLCK 10 Top Dividend Stocks for 2025 https://youtu.be/1t9zi6L9yXw?si=0YP-qUidnPPKZEc_ Follow Morningstar on …

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image for news 10 Undervalued Dividend Stocks for 2026
The One Data Point That Changed My Dividend Growth Strategy
AAPL, AMLP, BEP, BEPC, BIP, BIPC, BIZD, ENB, ET, GOOG, GOOGL, HD, LOW, MAIN, MLPX, MPLX, MSFT, O, OKE, PAA, PAGP, SCHD, SPY, UTF, UTG
Published: January 15, 2026 by: Seeking Alpha
Sentiment: Positive

A long-held dividend investing assumption just quietly broke down. One overlooked sector is rewriting the rules on yield and growth. This shift completely changed how I allocate my capital.

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image for news The One Data Point That Changed My Dividend Growth Strategy
Energy Transfer: My Top MLP Pick For 2026 And Beyond
ET
Published: January 14, 2026 by: Seeking Alpha
Sentiment: Positive

Energy Transfer is positioned for long-term growth, leveraging aggressive pipeline expansion and surging data center energy demand. Energy Transfer's FY 2026 outlook targets $17.3–17.7B in adjusted EBITDA and ~7% Y/Y growth, underpinned by the $5.6B Desert Southwest Transwestern expansion. Recent supply deals, including with Oracle, highlight ET's strategic role in powering AI-driven data centers and hyperscalers.

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image for news Energy Transfer: My Top MLP Pick For 2026 And Beyond
My Favorite 5-7% Yielding Dividend Growth Machines For Any Market Environment
AMLP, BEP, BEPC, EPD, ET, KMI, MLPX, PAA, PAGP, PLTR, UTF
Published: January 14, 2026 by: Seeking Alpha
Sentiment: Positive

Inflation, valuations, and risk are flashing warning signs everywhere. These two undervalued dividend growth machines are built to grow cash flow through chaos. A rare chance to lock in durable high yield before the market catches on.

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image for news My Favorite 5-7% Yielding Dividend Growth Machines For Any Market Environment
Energy Transfer LP (ET) is Attracting Investor Attention: Here is What You Should Know
ET
Published: January 09, 2026 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.

Read More
image for news Energy Transfer LP (ET) is Attracting Investor Attention: Here is What You Should Know
Energy Transfer: Financial Discipline Drives Yield
ET
Published: January 06, 2026 by: Seeking Alpha
Sentiment: Positive

Energy Transfer (ET) offers an attractive 8% forward distribution yield, underpinned by robust fundamentals and disciplined capital allocation. ET's operating margin has expanded to over 11% for 2025, reflecting improved cost efficiency and asset utilization in a stable midstream industry. Valuation analysis indicates ET is substantially undervalued, with DDM-derived fair value up to 66% above the current unit price.

Read More
image for news Energy Transfer: Financial Discipline Drives Yield
2 Of The Best Buying Opportunities I've Seen In Years
ET, OKE
Published: January 05, 2026 by: Seeking Alpha
Sentiment: Positive

The market is obsessed with AI, creating attractive opportunities elsewhere. I share where I am finding some of the best opportunities today. I also detail two of the most attractive buying opportunities I have seen in a while.

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image for news 2 Of The Best Buying Opportunities I've Seen In Years
Investing $122,100 in These 3 High-Yield Dividend Stocks Could Make You $10,000 in Reliable Passive Income in 2026
ARCC, ET, PFE
Published: January 01, 2026 by: The Motley Fool
Sentiment: Positive

Ares Capital offers an especially juicy dividend. Energy Transfer has an impressive track record of increasing its distribution each quarter.

Read More
image for news Investing $122,100 in These 3 High-Yield Dividend Stocks Could Make You $10,000 in Reliable Passive Income in 2026
Energy Transfer vs. ONEOK: Which Stock Has Better Potential in 2026?
ET, OKE
Published: December 31, 2025 by: Zacks Investment Research
Sentiment: Positive

OKE edges out ET with stronger ROE, better price gains and solid sales growth despite marginally higher debt levels.

Read More
image for news Energy Transfer vs. ONEOK: Which Stock Has Better Potential in 2026?
Energy Transfer LP (ET) Is a Trending Stock: Facts to Know Before Betting on It
ET
Published: December 29, 2025 by: Zacks Investment Research
Sentiment: Positive

Recently, Zacks.com users have been paying close attention to Energy Transfer LP (ET). This makes it worthwhile to examine what the stock has in store.

Read More
image for news Energy Transfer LP (ET) Is a Trending Stock: Facts to Know Before Betting on It
ET Stock Slips Below 50-Day SMA: What Should Investors Do Now?
ET
Published: December 26, 2025 by: Zacks Investment Research
Sentiment: Neutral

Energy Transfer slips below its 50-day SMA, but strong insider confidence, fee-based revenues and expansion plans keep it in focus.

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image for news ET Stock Slips Below 50-Day SMA: What Should Investors Do Now?
Energy Is, By Far, My Favorite Sector For 2026
AETUF, AM, AR, CNQ, CVX, DVN, ET, EXE, FANG, LB, MPLX, PR, RRC, TPL, TRMLF, TRP, VNOM, WBI, WES, XOM, XOP
Published: December 24, 2025 by: Seeking Alpha
Sentiment: Positive

Energy badly lagged this year, and I underestimated how severe the supply glut would be. I was early - but the long-term thesis remains firmly intact. Today's oil prices aren't sustainable. Low prices are forcing discipline, squeezing supply, and creating a rare setup where sentiment and fundamentals are deeply misaligned. With positioning extremely bearish and costs rising, I see energy setting up for a powerful reversal - offering both income and upside for patient investors.

Read More
image for news Energy Is, By Far, My Favorite Sector For 2026
Buy The Dip: 2 Of The Best Undervalued 8%-10% Yields I've Seen
AMLP, BIZD, EPD, ET, FDUS, MLPA, MPLX, SCHD
Published: December 24, 2025 by: Seeking Alpha
Sentiment: Positive

Investors are being handed a rare gift with some high-yielding, undervalued opportunities available right now. Two 8-10% yields look far safer and cheaper than the market assumes. I share a contrarian setup that could quietly deliver very strong total returns.

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image for news Buy The Dip: 2 Of The Best Undervalued 8%-10% Yields I've Seen
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.

Read More
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.

Read More
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.

Read More
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

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.