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Energy Transfer LP (ET)

Listed on NYSE • Energy / Oil & Gas Midstream
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Overview

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.

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Key Information

Symbol: ET
CEO: Marshall S. McCrea III
Exchange: NYSE
CIK: 0001276187
SEC Filings: View SEC →

Stock Snapshot (Updated: Nov 05 04:00 PM EST)

Price
16.91
Change
0.36
Change %
2.18%
Open
16.61
Previous Close
16.55
High
17.06
Low
16.59
Volume
16,100,780
Market Cap
58,046,644,224
EV/EBITDA
9.26

Capital Structure (Updated: Nov 05 04:00 PM EST)

Shares Outstanding
3,432,681,531
FloatShares
3,087,456,749
Float Ratio
89.94%
Shares Short
29,985,261
Short Percent Of Float
The percent of float shares currently sold short. Reflects market sentiment and risk of a short squeeze.
0.97%
Short Ratio
Days needed to cover all short positions. Indicates short-selling pressure.
2.18 trading days
Held Percent Insiders
10.10%
Held Percent Institutions
31.93%

Calendar Events (Upcoming Earnings & Revenue Forecasts)

Earnings
Earnings Date 2025-11-05
Earnings Call 2025-11-05
Avg EPS Estimate 0.2762
Low EPS Estimate 0.184
High EPS Estimate 0.33
Revenue
Avg Revenue Forecast 21,806,443,220
Low Revenue Forecast 17,484,000,000
High Revenue Forecast 25,390,716,580

ET Liquidity Indicators Shows key metrics that reflect cash availability and short-term payment ability

Field Value Description
Cash Holdings$242,000,000Cash on hand, which directly shows a company's ability to meet short-term obligations.
Quick Ratio0.873The quick ratio, which excludes inventory, measures short-term solvency; a value above 1 is considered relatively safe.
Current Ratio1.154The current ratio, calculated as current assets divided by current liabilities; the higher the value, the better the liquidity.
Total Debt$61,575,999,488Total liabilities, used together with cash and liquidity ratios to assess debt burden.

ET Profitability Indicators Shows key metrics that reflect overall earnings, margins, and core business profitability

Field Value Description
EBITDA$14,718,000,128EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), which measures the profitability of core operations.
Operating Cash Flow$11,143,000,064Operating cash flow, which reflects a company's cash-generating ability.
Free Cash Flow$3,591,249,920Free cash flow, after deducting capital expenditures, which can be used for dividends or reinvestment.
Gross Margin19.87%Gross margin; a higher value indicates stronger product profitability.
Operating Margin12.02%Operating margin; slightly negative, indicating high operating costs.
Profit Margin5.89%Net profit margin, which reflects overall profitability.

ET Leverage & Financial Health Indicators Shows key metrics that reflect debt levels, liquidity, and overall financial stability

Field Value Description
Debt/Equity Ratio134.28%Low leverage level, indicating the company has low debt pressure.
Total Debt$61,575,999,488Used together with cash and EBITDA to assess debt-paying ability.

ET Growth Indicators Shows key financial metrics that reflect profitability, cash flow, and business expansion

Field Value Description
Revenue Growth (YoY)-7.20%Rapid revenue growth, indicating fast business expansion.
Earnings Growth (YoY)-8.60%Significant EPS growth, indicating rapid improvement in profitability.

Financial Data for ET (Key ratios, margins, and cash flow)

Field Value Description
Current Price$16.91Latest stock trading price
Price Target (High)$25Analyst highest expected price
Price Target (Low)$17Analyst lowest expected price
Price Target (Average)$21.87Average target price across analysts
Price Target (Median)$22Median of target prices
Average Rating Score1.47Average analyst rating (1=Strong Buy, 5=Sell)
Consensus Recommendationstrong_buyConsensus rating
Analyst Coverage Count20Number of analysts providing estimates
Cash Holdings$242,000,000Total cash held by the company
Cash per Share$0.07Cash value per outstanding share
Total Debt$61,575,999,488Company's total debt
Quick Ratio0.873Ability to cover short-term liabilities (excludes inventory)
Current Ratio1.154Overall short-term liquidity
Debt/Equity Ratio134.28%Leverage ratio: Debt / Equity
EBITDA$14,718,000,128Earnings before interest, taxes, depreciation & amortization
Total Revenue$80,574,996,480Total company revenue
Revenue per Share$23.517Total revenue divided by shares outstanding
Gross Profit19.87%Revenue minus cost of goods sold
Return on Assets4.70%Net income / Total assets
Return on Equity13.21%Net income / Shareholder equity
Earnings Growth (YoY)-8.60%Year-over-year EPS growth
Revenue Growth (YoY)-7.20%Year-over-year revenue growth
Gross Margin19.87%Gross profit / Total revenue
EBITDA Margin18.27%EBITDA / Revenue
Operating Margin12.02%Operating income / Revenue
Profit Margin5.89%Net income / Revenue
Free Cash Flow$3,591,249,920Cash left after capital expenditures
Operating Cash Flow$11,143,000,064Cash from core business operations
CurrencyUSDReported in US dollars
Last Updated2025-11-05Data source from Yahoo