Energy Transfer (ET) Stock Overview
Provides energy-related services in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
ET Community Fair Values
Create NarrativeSee what 250 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Energy Transfer LP Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$19.94 |
| 52 Week High | US$20.28 |
| 52 Week Low | US$15.80 |
| Beta | 0.62 |
| 1 Month Change | 4.84% |
| 3 Month Change | 8.08% |
| 1 Year Change | 19.62% |
| 3 Year Change | 61.33% |
| 5 Year Change | 102.64% |
| Change since IPO | 252.14% |
Recent News & Updates
ET: Gas Projects And Higher Distribution Will Drive Forward Return Potential
The analyst price target for Energy Transfer has been adjusted modestly higher to $22.26 from $22.07, as analysts highlight updated assumptions around revenue growth, profit margin, and a slightly lower discount rate, while also incorporating recent bullish coverage initiations, list additions, and higher price targets from major firms. Analyst Commentary Recent research coverage on Energy Transfer reflects a generally constructive tone on the company, with analysts focusing on valuation, execution on projects, and the balance between growth opportunities and existing risks.Energy Transfer: American Molecules Are Headed East
Apr 22ET: Gas Projects And Higher Distribution Will Support Forward Return Potential
Energy Transfer's updated analyst price target moves to $21, a $2 shift from the prior $19 level, as analysts point to recent natural gas project updates and broader midstream coverage. They view these developments as supportive of the partnership's risk and return profile.Recent updates
ET: Gas Projects And Higher Distribution Will Drive Forward Return Potential
The analyst price target for Energy Transfer has been adjusted modestly higher to $22.26 from $22.07, as analysts highlight updated assumptions around revenue growth, profit margin, and a slightly lower discount rate, while also incorporating recent bullish coverage initiations, list additions, and higher price targets from major firms. Analyst Commentary Recent research coverage on Energy Transfer reflects a generally constructive tone on the company, with analysts focusing on valuation, execution on projects, and the balance between growth opportunities and existing risks.Energy Transfer: American Molecules Are Headed East
Apr 22ET: Gas Projects And Higher Distribution Will Support Forward Return Potential
Energy Transfer's updated analyst price target moves to $21, a $2 shift from the prior $19 level, as analysts point to recent natural gas project updates and broader midstream coverage. They view these developments as supportive of the partnership's risk and return profile.ET: Gas Project Execution And Higher Distribution Are Expected To Support Returns
Analysts have increased their fair value estimate for Energy Transfer slightly to about $22.07, supported by a series of recent price target revisions around $20 to $22 that reflect updated views on its natural gas project progress, valuation discount and midstream outlook. Analyst Commentary Recent research on Energy Transfer points to a mix of optimism around project execution and income potential, alongside caution about contract risk and how quickly the current valuation gap might close.ET: Gas Project Execution And Expansion Plans Will Support Future Cash Flows
Analysts have inched Energy Transfer's fair value estimate higher to $21.93 from $21.68 after a series of mixed but generally constructive price target updates, including raises to $21 and $20, along with adjusted expectations around project execution and valuation. Analyst Commentary Recent research updates present a mixed but generally constructive picture, with several firms lifting price targets while others trim expectations around certain contracts and projects.ET: Gas Project Execution And Desert Southwest Expansion Will Support Future Cash Flows
Analysts have nudged their price expectations for Energy Transfer higher, with the average target moving by about $0.20 as recent research points to strong natural gas project updates while still cautioning that current gas exposure may not fully close the valuation gap. Analyst Commentary Recent research paints a mixed but generally constructive picture for Energy Transfer, with several firms adjusting their price targets and highlighting both strengths in execution and lingering questions around valuation and gas exposure.ET: Contract Discipline And Desert Southwest Expansion Will Support Future Cash Flows
Narrative Update on Energy Transfer The updated analyst price target for Energy Transfer moves slightly higher to $21.45. Analysts attribute this to modestly stronger revenue growth assumptions, a slightly lower discount rate, and a small adjustment to future P/E and margin expectations following mixed recent target changes across the Street.ET: Diversified Footprint And New Projects Will Support Future Cash Flows
Analysts have slightly reduced their average price target on Energy Transfer, reflecting updated assumptions for discount rates, revenue, profit margins, and future P/E multiples, while still indicating steady execution despite recent target revisions from several firms. Analyst Commentary Recent research on Energy Transfer highlights a mix of optimism about the business model and caution around contract renewals and valuation expectations.ET: Diversified Footprint And New Projects Will Support Future Resilience
Our analyst price target for Energy Transfer has adjusted slightly. This reflects a mix of Street research that includes lower targets from Barclays and Scotiabank, both citing contract and macro risks, alongside generally constructive views on the partnership's diversified footprint and commercial discipline.ET: Diversified Assets And Cash Returns Will Support Future Resilience
Energy Transfer's updated fair value estimate edges to $21.62 from $21.55 as analysts factor in a lower Street price target of $21 from Scotiabank and a $17 target from Jefferies, reflecting mixed views on growth drivers and business diversification. Analyst Commentary Recent research highlights a split view on Energy Transfer, with some focusing on the benefits of its diversified footprint and others concentrating on potential growth constraints and limited near term catalysts for a higher valuation.ET: Diversified Footprint And Cash Returns Will Support Future Upside
Analysts have modestly reduced their fair value estimate for Energy Transfer to approximately $21.55 from about $21.67, reflecting slightly higher discount rate assumptions, offset by somewhat stronger long term revenue growth and margin expectations, as well as a marginally lower future P/E multiple amid mixed but generally constructive revisions to Street price targets. Analyst Commentary Recent Street research presents a mixed but generally constructive view on Energy Transfer, with modest adjustments to price targets reflecting both confidence in the business model and recognition of macro and competitive headwinds.ET: Diversification And Cash Return Initiatives Will Support Resilient Performance
Analysts have slightly reduced their fair value estimate for Energy Transfer, lowering the projected price target by $0.20 to $21.67. This adjustment is due to softer growth assumptions and headwinds in key business segments.ET: Diversified Model And Capital Return May Drive Stronger Performance Ahead
Analysts have lowered their consensus price target for Energy Transfer LP by $2.00. They cite ongoing macroeconomic uncertainty, sector-wide price target adjustments, and a shifting investor focus toward capital return and resilience against commodity price volatility.ET: Cash Returns And Upcoming Distribution Growth Will Drive Future Upside
Analysts have slightly lowered their average price target for Energy Transfer, reducing it by approximately $0.41 to $21.87. They cite moderated growth expectations, increased competition in key segments, and a growing preference among investors for cash returns over expansion.Expanding Natural Gas Infrastructure Will Capture Future Demand
Analysts have slightly lowered their price target for Energy Transfer, reducing it from about $22.55 to $22.29. They cite a greater focus on returning cash to shareholders and shifting industry priorities as key factors behind the adjustment.Energy Transfer: Low Valuation, 1.8x Coverage, 7% Yield
Mar 25Energy Transfer Stock: Is This High-Yielding Blue-Chip A Buy After A 16% Drop
Mar 09Energy Transfer: An Undervalued Cash Cow With More To Offer
Feb 26Energy Transfer: The Power Story Starting To Play Out
Feb 18Energy Transfer CapEx Deja Vu? It May Be Different This Time
Feb 12Energy Transfer: Buy Baby Buy, The Investment Case Has Never Been Stronger
Jan 30Energy Transfer: Our Favorite Energy Stock For 2025
Jan 19Why You're Not Bullish Enough On 7%-Yielding Energy Transfer
Jan 08Energy Transfer: Trump Administration Tailwinds May Not Be Fully Priced In
Dec 30Energy Transfer Is Only A Hold For Now (Technical Analysis)
Dec 12Energy Transfer: This Is Going To Hurt As Williams Already Won Once
Dec 05Energy Transfer: Scoop Up This High-Yielding Deal Now
Nov 28Energy Transfer Will Benefit From The Trump Trade And Drill Baby Drill
Nov 18Energy Transfer: Strong Earnings And Vast Potential Upside
Nov 08Energy Transfer: Value Hiding In Plain Sight
Oct 04Energy Transfer: Put New Money To Work
Sep 17Energy Transfer: Financial Strength, Value, And Distribution Safety
Sep 09Energy Transfer: Rare Insider Buys
Aug 298%-Yielding Energy Transfer Has Become An Ideal Retiree Investment
Aug 21
Calculated Acquisitions And Expansions Poised To Boost Growth And Margins In Energy Sector
Energy Transfer's strategic acquisitions and joint ventures, like the WTG acquisition and the partnership with Sunoco LP, aim to boost Permian operations and efficiency.Energy Transfer: An Indirect Beneficiary From AI That's Undervalued And Yielding 8.23%
Aug 14Energy Transfer: With Earnings On Tap, Prepare For Clarity Regarding Recent Big Moves
Aug 05Energy Transfer: A Gem We Uncovered Outside Our Regular Lane, Too Good To Pass Up
Jul 23Energy Transfer: Favorable Industry And Political Trends
Jul 15Energy Transfer: AI Boom Supports Midstream As Well
Jul 04Energy Transfer: An Even Stronger Buy Now
Jun 25Energy Transfer: Strong Cash Flow Machine With 8.2% Dividend Yield
Jun 11Energy Transfer: 8% Yielder With An Enhanced Growth Profile
Jun 01Energy Transfer: Surging Profits Meet Discounted Valuation
May 22Energy Transfer Q1: One Of My Favorite High-Yielding Investments (Rating Downgrade)
May 12Energy Transfer: Why There Is Still A Decent Upside
Apr 14Energy Transfer: Moving America's Energy At ~40% Discount To Peers
Apr 02Energy Transfer: Still Discounted According To Graham
Mar 22Energy Transfer: Debunking Investor Pessimism
Mar 13Energy Transfer: Where Strong Momentum And Attractive Value Meets
Mar 06Energy Transfer: Tale Of The Tape Offers Surprising Results
Feb 27Why Energy Transfer's Q4 Makes It My Favorite 9%-Yielding Equity
Feb 20Energy Transfer: Steady As It Goes, Even At 9% Yield
Feb 13Shareholder Returns
| ET | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | 4.5% | 3.6% | 0.8% |
| 1Y | 19.6% | 37.3% | 27.7% |
Return vs Industry: ET underperformed the US Oil and Gas industry which returned 37.3% over the past year.
Return vs Market: ET underperformed the US Market which returned 27.7% over the past year.
Price Volatility
| ET volatility | |
|---|---|
| ET Average Weekly Movement | 2.3% |
| Oil and Gas Industry Average Movement | 6.1% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 3.3% |
Stable Share Price: ET has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: ET's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | 22,311 | Mackie McCrea | energytransfer.com |
Energy Transfer LP, together with its subsidiaries, provides energy-related services in the United States. It operates through Intrastate Transportation and Storage; Interstate Transportation and Storage; Midstream; Natural Gas Liquid (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 segments. The company owns and operates natural gas transportation pipelines and storage facilities; and approximately 12,200 miles of intrastate natural gas transportation pipelines and 20,090 miles of interstate natural gas pipelines.
Energy Transfer LP Fundamentals Summary
| ET fundamental statistics | |
|---|---|
| Market cap | US$69.46b |
| Earnings (TTM) | US$4.17b |
| Revenue (TTM) | US$85.54b |
16.4x
P/E Ratio0.8x
P/S RatioIs ET overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ET income statement (TTM) | |
|---|---|
| Revenue | US$85.54b |
| Cost of Revenue | US$69.13b |
| Gross Profit | US$16.41b |
| Other Expenses | US$12.23b |
| Earnings | US$4.17b |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
May 05, 2026
| Earnings per share (EPS) | 1.21 |
| Gross Margin | 19.18% |
| Net Profit Margin | 4.88% |
| Debt/Equity Ratio | 138.5% |
How did ET perform over the long term?
See historical performance and comparisonDividends
6.8%
Current Dividend Yield109%
Payout RatioDoes ET pay a reliable dividends?
See ET dividend history and benchmarks| Energy Transfer dividend dates | |
|---|---|
| Ex Dividend Date | May 08 2026 |
| Dividend Pay Date | May 20 2026 |
| Days until Ex dividend | 6 days |
| Days until Dividend pay date | 18 days |
Does ET pay a reliable dividends?
See ET dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/01 11:31 |
| End of Day Share Price | 2026/05/01 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Energy Transfer LP is covered by 35 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ethan Bellamy | Baird |
| Richard Gross | Barclays |
| Theresa Chen | Barclays |