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Energy Transfer LP Stock Price

NYSE:ET Community·US$65.2b Market Cap
  • 1 Narratives written by author
  • 1 Comments on narratives written by author
  • 345 Fair Values set on narratives written by author

ET Share Price Performance

US$19.18
1.00 (5.50%)
US$23.59
Fair Value
US$19.18
1.00 (5.50%)
18.7% undervalued intrinsic discount
US$23.59
Fair Value
Price US$19.18
AnalystConsensusTarget US$23.59

ET Community Narratives

·
Fair Value US$23.59 18.7% undervalued intrinsic discount

ET: Cash Returns And Upcoming Distribution Growth Will Drive Future Upside

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Trending Discussion

Updated Narratives

ET logo

ET: Raised Cash Distributions And Gas Projects Will Support Future Upside

Fair Value: US$23.59 18.7% undervalued intrinsic discount
159 users have set this as their fair value
1 users have commented on this narrative
1 users have liked this narrative

Snowflake Analysis

Undervalued second-rate dividend payer.

2 Risks
3 Rewards

Energy Transfer LP Key Details

US$92.3b

Revenue

US$75.1b

Cost of Revenue

US$17.2b

Gross Profit

US$13.1b

Other Expenses

US$4.1b

Earnings

Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
n/a
1.19
18.62%
4.46%
138.7%
View Full Analysis

About ET

Founded
1996
Employees
22311
CEO
Marshall McCrea
WebsiteView website
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. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. In addition, the company owns and operates natural gas gathering pipelines, processing plants, and treating and conditioning facilities; and natural gas gathering, compression, treating, dehydration and processing, oil pipeline facilities. Further, it owns 5,700 miles of NGL pipelines; NGL fractionation and storage facilities; and other NGL storage assets and terminals. Additionally, the company provides crude oil transportation, terminalling, trucking, acquisition, and marketing activities; owns and operates approximately 18,000 miles of crude oil trunk and gathering pipelines; and sells and distributes motor fuels and other petroleum products under the Sunoco and EcoMaxx brands. It also offers natural gas compression; wholesale power trading; and carbon dioxide and hydrogen sulfide removal services, as well as management of coal and natural resources properties; sells standing timber; leases coal-related infrastructure facilities; and collects oil and gas royalties. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. Energy Transfer LP was founded in 1996 and is headquartered in Dallas, Texas.

Recent ET News & Updates

Seeking Alpha Jun 24

Energy Transfer: A 7.7% Yield On Cost Before The Biggest Growth Arrives (Upgrade)

Summary Energy Transfer is upgraded to "Strong Buy," driven by predictable cash flows, robust yield, and a fee-based business model. ET’s Q1 EBITDA rose 20% to $4.9 billion, with recurring growth drivers outpacing one-off items, and guidance for 2026 EBITDA raised to $18.2–$18.6 billion. Significant CapEx pipeline—$15 billion through 2028—positions ET for $2.5–$3 billion incremental annual EBITDA once projects are fully ramped. Despite recent underperformance, ET offers 25% upside to a $23.84 price target and a 7.7% yield on cost, with major growth still ahead. Read the full article on Seeking Alpha
Narrative Update Jun 11

ET: Raised Cash Distributions And Gas Projects Will Support Future Upside

Analysts have inched their average price target for Energy Transfer slightly higher to about $23.59, citing valuation support, stronger fundamentals across natural gas and liquids, and a generally more constructive outlook across multiple research updates. Analyst Commentary Recent research on Energy Transfer has tilted more positive, with several firms adjusting price targets into the low to mid US$20s and pointing to a mix of valuation support and business execution across natural gas and liquids.

Recent updates

No updates