ET — Energy Transfer LP

NYSE · Utilities · Gas Utilities · CIK 1276187 ·
Last close
$20.95
Market Cap
$72.14B
52W High
$20.95
52W Low
$18.16
ADV30
9,261,240
Next earnings
2026-11-04
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.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Jun 2026 34,334,000,000 5,823,000,000 3,574,000,000 2,088,000,000 148,168,000,000 1,020,000,000 97,390,000,000
Mar 2026 27,771,000,000 5,039,000,000 2,983,000,000 1,254,000,000 147,482,000,000 951,000,000 97,493,000,000
Dec 2025 25,320,000,000 4,413,000,000 2,353,000,000 928,000,000 141,286,000,000 1,272,000,000 92,026,000,000
Sep 2025 19,954,000,000 3,952,000,000 2,152,000,000 1,019,000,000 129,331,000,000 3,574,000,000 82,187,000,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$10,610,000,000
Investing CF
$-9,709,000,000
Financing CF
$-403,000,000
CapEx
$-6,995,000,000
Dividends Paid
$-4,760,000,000
Buybacks
$-500,000,000
EPS Diluted TTM
$1.20
As of
2026-08-09

Balance + Analyst (yfinance extras)

Retained Earnings
Inventory
$4,645,000,000
Receivables
$15,890,000,000
ST Investments
EBIT TTM
$10,020,000,000
Pretax Income TTM
$6,408,000,000
Interest Exp TTM
$3,612,000,000
Analysts
21

Yahoo Snapshot (yfinance, live)

Total Revenue
$107,378,999,296
EBITDA
$17,150,999,552
Free Cash Flow
$3,159,124,992
Enterprise Value
$160,160,120,832
Total Cash
$1,020,000,000
Total Debt
$70,241,001,472
Shares Out
3,443,299,601
Trailing EPS
$1.47
Book Value
$9.29
ROE
14.6%
ROA
5.1%
Div Yield
6.54%

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 85,536,000,000 9,312,000,000 4,433,000,000 141,286,000,000 92,026,000,000 10,149,000,000
Dec 2024 82,671,000,000 9,190,000,000 4,814,000,000 125,380,000,000 78,946,000,000 11,506,000,000
Dec 2023 78,586,000,000 8,307,000,000 3,935,000,000 113,698,000,000 68,981,000,000 9,555,000,000
Dec 2022 89,876,000,000 8,124,000,000 4,756,000,000 105,643,000,000 64,491,000,000 9,051,000,000

TTM Snapshot

Revenues TTM
$81,114,000,000
NetIncome TTM
$3,408,000,000
OpCashFlow TTM
$0
Assets (Latest)
$125,380,000,000
Forward EPS
$1.75

Max Pain — expiry 2026-08-21

max pain strike: $20.00 · spot: $20.79 · call oi: 31,340 · put oi: 20,813
Expected Move to 2026-08-21: ±$0.36 (1.76%) — implied range $20.43$21.16 · ATM straddle on $21.00 strike

Peers — same industry

TickerNameMarket CapLastDaily %
KMI KINDER MORGAN, INC. $70.59B $31.73
TRP TC ENERGY CORP $66.27B $63.61
NGGTF NATIONAL GRID PLC $79.27B $15.77
NGG NATIONAL GRID PLC $81.11B $80.68
EPD ENTERPRISE PRODUCTS PARTNERS L.P. $81.89B $37.92

News headlines (Yahoo Finance, 1h cache)

Energy Transfer Keeps Growing Its Dividend and Offers a 6.7% Yield Worth Considering
2026-08-11 10:05 · Yahoo
Interest Rates Could Still Rise in September: 5 High-Yield Passive Income Stocks Will Benefit
2026-08-10 12:15 · Yahoo
With a Nearly 7% Yield and Soaring Profits, Is Energy Transfer Stock a Buy?
2026-08-06 09:50 · Yahoo
ET Q2 Earnings Call Centers on Higher Outlook and Gas Growth
2026-08-05 14:00 · Yahoo
4 High-Yield Energy Stocks With 6% and Higher Dividends Are Strong Buys Before September
2026-08-05 12:13 · Yahoo
2 Energy Dividend Stocks to Buy in August for Steady Income
2026-08-05 22:25 · Yahoo
Energy Transfer LP (ET) (Q2 2026) Earnings Call Highlights: Record Volumes and Raised Guidance ...
2026-08-04 21:01 · Yahoo
Nat-Gas Prices Close Higher on Warm Forecasts
2026-08-12 19:38 · Yahoo
Nat-Gas Prices Tumble on a Larger-Than-Expected Storage Build
2026-08-06 19:12 · Yahoo
Sempra's Q2 Earnings Outpace Estimates, Revenues Fall Y/Y
2026-08-06 14:54 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.