60/100B19.480
USD
0.04
(0.21%)
Market Open
Last updated: · Delayed 15 min
Fair value21.99Plus-11%8Price 19.4827
Last quarter:EPS0.59Beat +55.4%
Last quarter · Q2 FY2026
EPS0.59Beat +55.4%Revenue34.33BBeat +23.9%
If you had invested in Energy Transfer LP ago, it would be worth $2,866 today, against $4,096 in SPY and $6,368 in QQQ.
Arincen ScoreWhat is the Arincen Score? The Arincen Score grades a company out of 100 from 30 checks on its own reported figures, five checks in each of six parts.Beta
60/100
Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.
Profitability4
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Cash6
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Valuation10
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Growth10
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Financial strength2
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Shareholders4
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Figures to FY2025; the price as of today.
Energy Transfer LP key facts
- StyleWhat does a stock's style mean? The style label sorts a stock as growth, value, dividend, blend or speculative, with a 1 to 10 meter showing how strongly it fits.
- Dividend stock · 10.0/10Growth 6.7 · Value 8.6 · Dividend 10.0
- Day range
- 19.370 – 19.520
- Market capitalizationWhat is market capitalization? Market cap is what the stock market values a whole company at: its share price times the number of its shares outstanding.
- 67.08B USD
- P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 11.53
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 0.94
- EPSWhat is EPS (earnings per share)? EPS (earnings per share) is a company's net income divided by its number of shares: the profit that belongs to each share over a period.
- 1.69
- Div YieldWhat is dividend yield? Dividend yield is a year of dividends as a percentage of the share price: the income a shareholder receives for each dollar invested at today's price.
- 7.03%
- EPS growth forecast (FY2026)
- +43.2%
- Volume
- 17,610
- BetaWhat is beta in stocks? Beta measures how much a stock tends to move when the whole market moves: 1 moves with it, under 1 is calmer, over 1 swings more.
- 0.60
- ESG scoreWhat is an ESG score? An ESG score rates how a company handles the environment, its people and its governance, out of 100. Higher is better.
- 53.5/100Environment 51 · Social 48 · Governance 62
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- CEO
- Marshall S. McCrea
- Employees
- 22K
- Website
- energytransfer.com
- IPO date
- 3 Feb 2006
Energy Transfer LP earningsWhat is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
Revenue
ReportedEstimate
EPS
ReportedEstimate
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| Q4 FY2028 | 0.49 | — | — | — | 34.77B | — | — | — | |
| Q3 FY2028 | 0.46 | — | — | — | 34.54B | — | — | — | |
| Q2 FY2028 | 0.49 | — | — | — | 35.13B | — | — | — | |
| Q1 FY2028 | 0.49 | — | — | — | 32.18B | — | — | — | |
| Q2 FY2026 | 0.38 | 0.59 | +55.43% | +84.37% | 27.71B | 34.33B | +23.90% | +78.43% | |
| Q1 FY2026 | 0.40 | 0.35 | -12.46% | -2.78% | 25.58B | 27.77B | +8.56% | +32.12% | |
| Q4 FY2025 | 0.37 | 0.25 | -32.94% | -13.79% | 24.01B | 25.32B | +5.45% | +29.57% | |
| Q3 FY2025 | 0.33 | 0.28 | -15.99% | -12.50% | 21.92B | 19.95B | -8.97% | -3.94% | |
| Q2 FY2025 | 0.33 | 0.32 | -2.74% | -8.57% | 22.53B | 19.24B | -14.59% | -7.17% | |
| Q1 FY2025 | 0.36 | 0.36 | +0.36% | +12.50% | 21.54B | 21.02B | -2.41% | -2.82% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2028 | 1.80 | — | — | +4.44% | 127.32B | — | — | +1.33% |
| FY2027 | 1.73 | — | — | -0.28% | 125.65B | — | — | +2.49% |
| FY2026 | 1.73 | — | — | +43.21% | 122.59B | — | — | +43.32% |
| FY2025 | 1.34 | 1.21 | -9.67% | -5.47% | 80.92B | 85.54B | +5.70% | +3.47% |
| FY2024 | 1.36 | 1.28 | -6.13% | +0.79% | 80.35B | 82.67B | +2.89% | +5.20% |
| FY2023 | 1.16 | 1.27 | +9.74% | -8.63% | 76.09B | 78.59B | +3.27% | -12.56% |
| FY2022 | 1.47 | 1.39 | -5.51% | -26.84% | 88.43B | 89.88B | +1.64% | +33.31% |
Analysts' estimates for FY2026 over the last 7 days:EPS Revenue How the estimates moved
Energy Transfer LP analyst forecastWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
12-month price target
25.50 USD
+30.90%
Analysts' 1-year price targets range from 25.00 to 26.00, with an average of 25.50.
Past year
1-year forecast
Strong sellStrong buy
Strong buy
10 ratings
| Buy | 9 | |
| Hold | 1 | |
| Sell | 0 |
12-month price target
| Highest target | 26.00 |
| Average target | 25.50 |
| Lowest target | 25.00 |
| Current price | 19.48 |
Energy Transfer LP valuationWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 11.53
- Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 11.24
- Price to sales (TTM)What is the P/S ratio? The price-to-sales ratio compares a company's market value with its revenue over the last year: what you pay for each dollar of sales.
- 0.54
- Price to bookWhat is the P/B ratio? The price-to-book ratio compares a company's market value with its book value, the shareholders' equity on its balance sheet.
- 1.95
- EV / EBITDA (TTM)What is EV/EBITDA? EV/EBITDA compares a company's whole value, debt included and cash taken off, with a year of its earnings before interest, tax and depreciation.
- 7.96
Capital structureWhat is enterprise value? Enterprise value is what the whole business costs: the market value of its shares plus its debt minus its cash. It is the price behind EV/EBITDA.
Market capitalization
67.08B USD
+
Total debt
70.48B USD
−
Cash and short-term investments
926.00M USD
=
Enterprise value
136.63B USD
Valuation over time
P/EForward P/EForward P/E · EstimateEstimate
Energy Transfer LP against its own historyWhat does "against its own history" show? The company's latest margins, return on equity, growth, debt and P/E against its own last 5 years: the low, the median and the high, and whether this year is better or worse than usual.
Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.
Its peers: Kinder Morgan, Enterprise Products Partners L.P., The Williams Companies, Targa Resources, MPLX Lp, and Cheniere Energy, the US Oil & Gas Midstream companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.
- P/E (today)Below its median11.54.515.7
- Gross marginHighest in 5 years21.1%14.8%21.1%Against its peers: 6 of 7Peers' median 35.9%
- Operating marginBelow its median10.6%8.6%13.0%Against its peers: 7 of 7Peers' median 27.7%
- Net marginBelow its median5.2%5.0%8.1%Against its peers: 7 of 7Peers' median 20.0%
- Return on equityBelow its median12.9%10.7%17.5%Against its peers: 6 of 7Peers' median 27.4%
- Free cash flow marginLowest in 5 years4.5%4.5%12.4%Against its peers: 6 of 7Peers' median 10.5%
- Revenue growthBelow its median3.5%-12.6%73.1%Against its peers: 5 of 7Peers' median 10.4%
- EPS growthAbove its median5.5%-25.9%17.4%Against its peers: 6 of 7Peers' median 17.3%
- Debt to EBITDAHighest in 5 years4.68×3.93×4.68×Against its peers: 7 of 7Peers' median 3.61×
- Current ratioHighest in 5 years1.220.971.22Against its peers: 2 of 7Peers' median 0.80
Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.
Energy Transfer LP growth and profitabilityWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs.
- Revenue (TTM)What does TTM (trailing twelve months) mean? TTM (trailing twelve months) is a figure over the latest twelve months of reports: usually the last four quarters added together.
- 124.53B USD
- Net income (TTM)What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
- 5.48B USD
- Gross marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs.
- 18.46%
- Operating margin
- 9.17%
- Net margin
- 4.40%
Revenue / Net income
Revenue Net income Net margin
Energy Transfer LP revenue breakdown
By product
FY2024
30.7%Oil and Gas26.7%Oil and Gas, Refining and Marketing23.1%NGL sales14.5%Natural Gas, Midstream3.3%Natural gas sales1.7%Product and Service, Other
| Segment | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Oil and Gas | 25.37B | 30.7% | +8.0% |
| Oil and Gas, Refining and Marketing | 22.05B | 26.7% | -5.7% |
| NGL sales | 19.11B | 23.1% | +19.7% |
| Natural Gas, Midstream | 12.03B | 14.5% | +5.2% |
| Natural gas sales | 2.74B | 3.3% | -16.0% |
| Product and Service, Other | 1.38B | 1.7% | +30.3% |
By region
FY2012
81.8%United States18.2%International Countries
| Region | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| United States | 239.15M | 81.8% | — |
| International Countries | 53.12M | 18.2% | — |
How Energy Transfer LP makes its moneyWhat is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
Revenue85.54B 100.0%
Cost of revenue64.62B 75.5%
Gross profit18.01B 21.1%
Selling and administration1.02B 1.2%
Other operating expenses7.96B 9.3%
Operating income9.03B 10.6%
Tax222.00M 0.3%
Other expense4.37B 5.1%
Net income4.43B 5.2%
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
Energy Transfer LP dividendsWhat is dividend yield? Dividend yield is a year of dividends as a percentage of the share price: the income a shareholder receives for each dollar invested at today's price.
- Annual dividend
- 1.37 USD
- Dividend yield (indicated)What is dividend yield? Dividend yield is a year of dividends as a percentage of the share price: the income a shareholder receives for each dollar invested at today's price.
- 7.03%
- Payout ratioWhat is the payout ratio? The payout ratio is the share of a company's earnings paid out as dividends: dividends per share divided by earnings per share (EPS).
- 80.18%
- Years of dividend growthWhat are years of dividend growth? The years in a row a company has raised its dividend per share. 25 years make an S&P 500 company a Dividend Aristocrat; 50 make a Dividend King.
- 5
- Frequency
- Quarterly
- Next payment
- 0.34 USD
- Last ex-dividend dateWhat is the ex-dividend date? The ex-dividend date is the first day a stock trades without its next dividend: buy before it to receive the payment; buy on or after it and the seller gets it.
- 6 Nov 2026
- Next payment date
- 19 Nov 2026
Dividends per share
Energy Transfer LP financial health
- Cash and short-term investments
- 926.00M USD
- Total debt
- 70.48B USD
- Net cash
- -69.56B USD
- Free cash flow (TTM)What is free cash flow (FCF)? Free cash flow is the cash a company's operations bring in minus what it spends on long-term assets (capex): cash left for debt, dividends and buybacks.
- 6.08B USD
- Current ratioWhat is the current ratio? The current ratio is current assets divided by current liabilities: whether what a company will turn into cash within a year covers what it owes within a year.
- 1.16
- Debt to equityWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
- 2.05
- Piotroski scoreWhat is the Piotroski F-Score? The Piotroski F-Score rates a company's financial strength from 0 to 9: one point for each of nine tests of profit, debt and efficiency it passes.
- 6 / 9
- Altman Z-scoreWhat is the Altman Z-Score? The Altman Z-Score rolls five financial ratios into one number that signals a company's risk of bankruptcy: over 3 is safe, under 1.8 is distress.
- 1.50
Cash, debt and free cash flow
Cash and short-term investments Total debt Free cash flow
Energy Transfer LP ownershipWhat is institutional ownership? Institutional ownership is the share of a company's stock held by funds, banks and other investment managers, as they report it each quarter on Form 13F.
- InstitutionsWhat is institutional ownership? Institutional ownership is the share of a company's stock held by funds, banks and other investment managers, as they report it each quarter on Form 13F.
- 32.07%
- Institutional holders
- 1,326 (+3)
- Free floatWhat is free float? Free float is the part of a company's shares that anyone can buy and sell: all its shares minus those held by insiders, founders and owners of over 5%.
- 85.53%
Who owns the shares
Institutions 32.1% Others 67.9%
As of 30 Jun 2026
Shares free to trade
Free float 2.95B shares ·85.5% Closely held 498.21M shares ·14.5%
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
Insider trading
| Quarter | Purchases | Sales | Shares acquired | Shares disposed of |
|---|---|---|---|---|
| Q3 2026 | 3 | 0 | 1.01M | 0.00 |
| Q2 2026 | 0 | 0 | 1.11M | 0.00 |
| Q1 2026 | 0 | 0 | 37.12K | 0.00 |
| Q4 2025 | 2 | 0 | 4.46M | 875.37K |
Shares outstanding
Basic shares Diluted shares Change in diluted shares
Source: Financial Modeling PrepVerified against SEC filings
Title: Energy Transfer LP
Sector: Energy
Industry: Oil & Gas Midstream
Energy Transfer is a diversified midstream firm operating from wellhead to consuming demand. It handles natural gas, natural gas liquids, crude oil, and refined products. Commodities are moved through its network of field-level gathering and processing to refineries and demand centers. Operations are concentrated in Texas and the midcontinent United States. It also controls Sunoco and USA Compression through its general partner relationship.