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

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.

Read More
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.

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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.

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image for news Rapidly Growing 7%+ Yield: My Favorite High-Yield Fund Today
Should Value Investors Buy Energy Transfer (ET) Stock?
ET
Published: June 09, 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.

Read More
image for news Should Value Investors Buy Energy Transfer (ET) Stock?
Investors Heavily Search Energy Transfer LP (ET): Here is What You Need to Know
ET
Published: June 06, 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 Investors Heavily Search Energy Transfer LP (ET): Here is What You Need to Know
4 High-Yield Pipeline Companies To Buy Now
ENB, ET, TRP
Published: June 06, 2025 by: 24/7 Wall Street
Sentiment: Neutral

The pipeline stocks are a great place to get dividends (yield and growth) at a nice discount.

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image for news 4 High-Yield Pipeline Companies To Buy Now
Buy 7 Ideal 'Safer' May Dividends, Out Of 40 Reader Tags
AGNC, BMA, DIA, EPD, ET, FSK, GLD, HAFN, JPM, KHC, KO, LYB, MAIN, NVDA, OBDC, ORC, OXLC, PDI, PEP, PFE, PNNT, RMR, SIRI, SLG
Published: June 06, 2025 by: Seeking Alpha
Sentiment: Positive

My yield-based 'dogcatcher' strategy spotlights high-yield stocks whose dividends from $1,000 invested exceed their share price, favoring underdogs for income growth. Analyst targets project average net gains of 41.9% for the top ten May 2025 ReFa/Ro Dogs, with Oxford Lane Capital leading at 83.4% upside potential. All ten top ReFa/Ro Dogs currently meet my 'ideal' criteria, but caution is warranted as several have negative free cash flow margins, signaling cash-poor status.

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image for news Buy 7 Ideal 'Safer' May Dividends, Out Of 40 Reader Tags
Why Is Energy Transfer LP (ET) Up 3.8% Since Last Earnings Report?
ET
Published: June 05, 2025 by: Zacks Investment Research
Sentiment: Positive

Energy Transfer LP (ET) reported earnings 30 days ago. What's next for the stock?

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image for news Why Is Energy Transfer LP (ET) Up 3.8% Since Last Earnings Report?
Looking for a Growth Stock? 3 Reasons Why Energy Transfer LP (ET) is a Solid Choice
ET
Published: June 04, 2025 by: Zacks Investment Research
Sentiment: Positive

Energy Transfer LP (ET) is well positioned to outperform the market, as it exhibits above-average growth in financials.

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image for news Looking for a Growth Stock? 3 Reasons Why Energy Transfer LP (ET) is a Solid Choice
ET vs. OKE: Which Stock Is the Better Value Option?
ET, OKE
Published: June 04, 2025 by: Zacks Investment Research
Sentiment: Neutral

Investors looking for stocks in the Oil and Gas - Production Pipeline - MLB sector might want to consider either Energy Transfer LP (ET) or 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 vs. OKE: Which Stock Is the Better Value Option?
Does Energy Transfer LP (ET) Have the Potential to Rally 28.1% as Wall Street Analysts Expect?
ET
Published: June 04, 2025 by: Zacks Investment Research
Sentiment: Positive

The consensus price target hints at a 28.1% upside potential for Energy Transfer LP (ET). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

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image for news Does Energy Transfer LP (ET) Have the Potential to Rally 28.1% as Wall Street Analysts Expect?
Is It Worth Investing in Energy Transfer LP (ET) Based on Wall Street's Bullish Views?
ET
Published: June 04, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

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image for news Is It Worth Investing in Energy Transfer LP (ET) Based on Wall Street's Bullish Views?
7.5% Yield, AI Growth, And Dirt-Cheap Valuation: I'm Loading Up On Energy Transfer
ET
Published: June 03, 2025 by: Seeking Alpha
Sentiment: Positive

Energy Transfer LP offers a compelling 7.5% yield, strong cash flow, and fee-based revenue, making it a resilient, low-drama SWAN for balanced portfolios. AI-driven energy demand and major new projects provide significant growth catalysts, with expansionary CapEx expected to quickly convert into cash flow. Despite strong execution and bullish sector trends, ET remains undervalued by key metrics, presenting a 48% upside based on conservative DCF analysis.

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image for news 7.5% Yield, AI Growth, And Dirt-Cheap Valuation: I'm Loading Up On Energy Transfer
My Top 2 Energy Picks With Up To +7% Yield
CNQ, ET
Published: June 03, 2025 by: Seeking Alpha
Sentiment: Positive

Undervalued energy stocks offer wonderful opportunities for high income and growth. Canadian Natural Resources has massive, low-cost, long-life reserves, consistent production growth, and a sustainable 5.6% dividend yield. Energy Transfer delivers reliable, fee-based cash flows, a well-covered 7.5% yield, and strong growth prospects from major infrastructure projects.

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image for news My Top 2 Energy Picks With Up To +7% Yield
7-10% Yielding Big Dividend Powerhouses To Turbocharge Your Retirement Income
AMLP, ARCC, BIZD, BXSL, EPD, ET, GBDC, KMI, PAA, SCHD
Published: June 02, 2025 by: Seeking Alpha
Sentiment: Positive

High-yield, blue-chip stocks are the holy grail of retiring on dividends. I share some of my favorite 7-10% yielding blue chips that look like attractive picks for retirees. I also share some of the risks to keep in mind.

Read More
image for news 7-10% Yielding Big Dividend Powerhouses To Turbocharge Your Retirement Income
3 High-Yield Dividend Stocks Under $50 That Analysts Love
ET, IEP, T
Published: June 02, 2025 by: 24/7 Wall Street
Sentiment: Positive

But don't give up, because we've identified a trio of investments that fit the bill.

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image for news 3 High-Yield Dividend Stocks Under $50 That Analysts Love
ET vs. WMB: Which Oil & Gas Midstream Stock is a Smarter Buy?
ET, WMB
Published: May 30, 2025 by: Zacks Investment Research
Sentiment: Positive

Energy Transfer and The Williams Companies are efficiently providing midstream services to their customers. Both companies benefit from increasing natural gas demand, particularly from LNG exports.

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image for news ET vs. WMB: Which Oil & Gas Midstream Stock is a Smarter Buy?
Ride the Clean Energy Demand With These 2 Natural Gas Stocks: ET, CRK
CRK, ET
Published: May 29, 2025 by: Zacks Investment Research
Sentiment: Positive

ET and CRK should benefit from strong natural gas demand, higher prices and surging energy needs from AI-driven data centers and deep drilling assets.

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image for news Ride the Clean Energy Demand With These 2 Natural Gas Stocks: ET, CRK
Energy Transfer LP (ET) is Attracting Investor Attention: Here is What You Should Know
ET
Published: May 26, 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.

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image for news Energy Transfer LP (ET) is Attracting Investor Attention: Here is What You Should Know
Buy Any Of 18 Ideal 'Safer' May Dividend Dogs Out Of 70 Graham Value All-Stars (GVAS)
AAT, ARCC, BCS, BNS, BXSL, CALM, COLB, DHT, ET, FSK, GBDC, HP, HTGC, ING, ITUB, IVZ, KHC, MO, MPLX, NWBI, OBDC, PBR, PFS, RIO, RMR
Published: May 23, 2025 by: Seeking Alpha
Sentiment: Positive

I use YCharts' Value Score and Ben Graham Formula to identify large-cap stocks offering strong value relative to profits, assets, and dividends. Eighteen of twenty-four 'safer' lowest-priced Dividend Dogs of the GVAS are fair-priced and ready to buy for income-focused investors. Top ten GVAS stocks are projected to deliver 17.99% to 68.74% net gains by May 2026, with average risk 29% below the market.

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image for news Buy Any Of 18 Ideal 'Safer' May Dividend Dogs Out Of 70 Graham Value All-Stars (GVAS)
Energy Transfer: Another Strong Quarter And Still Trading At A Discount
ET
Published: May 22, 2025 by: Seeking Alpha
Sentiment: Positive

Energy Transfer: Another Strong Quarter And Still Trading At A Discount

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image for news Energy Transfer: Another Strong Quarter And Still Trading At A Discount

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.