Energy Transfer (ET) Stock Price & Analysis
ET Stock Chart & Stats
- Day’s Range
- N/A
- 52-Week Range
- N/A
- Previous Close
- N/A
- Volume
- N/A
- Average Volume (3M)
- N/A
- Market Cap
- MXN 1.35T
- Enterprise Value
- MXN 154.24B
- Total Cash (Recent Filing)
- MXN 1.02B
- Total Debt (Recent Filing)
- MXN 70.24B
- Price to Earnings (P/E)
- 12.6
- Beta
- N/A
- Next Earnings
- Nov 03, 2026 (Est.)
- EPS Estimate
- 7.63
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Integrated Fee-based Network
A broad, interconnected asset base serving multiple hydrocarbons, basins, and demand centers creates network utility and diversified revenue sources. Contracted transportation, storage, processing, and export services can reduce direct commodity-price exposure and support recurring cash flow over several quarters.
Revenue Rebound And Solid Profitability
The revenue rebound indicates stronger activity across Energy Transfer’s infrastructure network, while stable positive margins show that growth is translating into operating earnings. Improving profitability can reinforce internal funding capacity and support returns as volumes and demand remain favorable.
Strong Cash Generation
Energy Transfer is converting its operations into substantial cash, providing funding for maintenance, expansion, debt service, and distributions. The sharp improvement in free cash flow strengthens financial resilience and supports reinvestment, although future conversion may still vary with operating conditions.
Bears Say
New Subordinated Financing Obligations
The refinancing replaces preferred units and borrowings but also introduces substantial long-dated subordinated obligations with meaningful stated interest rates. This extends the financing structure and may increase fixed claims on cash flow, reinforcing the need to manage leverage and interest costs carefully.
Moderate And Variable Margins
Energy Transfer’s profitability is positive but not especially wide, limiting the cushion available when volumes, operating conditions, or commodity-linked contract components weaken. Margin variability can make earnings less predictable and restrict how much revenue growth converts into durable bottom-line expansion.
Elevated Leverage
High reliance on debt reduces Energy Transfer’s flexibility to absorb weaker volumes, fund new projects, or respond to rising financing costs. Although leverage improved from 2025, the remaining debt burden can constrain capital allocation and leave cash flow more exposed to refinancing needs.
Energy Transfer News
Energy Transfer–Vaquero Deal Boosts Permian Footprint but Valuation Caps Upside; Mackay Reiterates Hold with Unchanged $22 Price Target
Goldman Sachs analyst John Mackay maintained a Hold rating on Energy Transfer yesterday and set a price target of $22.00. John Mackay has given his Hold rating due to a
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Energy Transfer Stock Smart Score
Company Description
Energy Transfer
Energy Transfer LP functions as a comprehensive provider of energy infrastructure and associated services. The company operates extensive natural gas networks, including approximately 11,600 miles of intrastate transportation pipelines and an additional 19,830 miles dedicated to interstate transport. Its natural gas storage capabilities encompass three facilities in Texas and another two spanning Texas and Oklahoma. Energy Transfer supplies natural gas to a diverse range of customers, such as electric utilities, independent power producers, local distribution companies, other marketing firms, and various industrial end-users. Beyond transportation, the firm manages substantial infrastructure for gathering, processing, treating, and conditioning natural gas and natural gas liquids (NGLs) across a broad geographic area that includes Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, and Louisiana. This infrastructure also covers natural gas gathering systems in Ohio, and integrated natural gas gathering, oil pipeline, and oil stabilization facilities situated in South Texas. Additionally, the company provides water transport and supply services to natural gas producers in Pennsylvania. In the NGL sector, Energy Transfer possesses approximately 5,215 miles of NGL pipelines, along with facilities for NGL and propane fractionation. Its NGL storage solutions include facilities with a working capacity of around 50 million barrels (MMBbls), supplemented by additional storage assets and terminals totaling about 17 MMBbls. The company is actively involved in the transportation, terminalling, acquisition, and marketing of crude oil, as well as the distribution of refined petroleum products like gasoline, middle distillates, and motor fuels. Complementing these primary operations, Energy Transfer offers specialized services such as natural gas compression, removal of carbon dioxide and hydrogen sulfide, natural gas cooling, dehydration, and British thermal unit (BTU) management. Furthermore, its operations extend to managing coal and other natural resource properties, selling standing timber, leasing coal-related infrastructure, collecting oil and gas royalties, and generating electrical power. Established in 1996 and headquartered in Dallas, Texas, the company officially adopted its current name, Energy Transfer LP, in October 2018, having previously been known as Energy Transfer Equity, L.P.
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- CEO
- Marshall S. McCrea
- Employees
- 22,311
- Website
- energytransfer.com
- Address
- 8111 Westchester Drive, Dallas, TX, 75225, US
Energy Transfer (ET) Earnings & Revenues
ET Company Deck
ET Earnings Call
Earnings Call SentimentPositive
The call was broadly positive: management reported strong Q1 operational results and raised full-year adjusted EBITDA guidance, supported by record volumes, successful project commissioning, long-term contracted growth projects, and increased capex to capture demand. Offsetting items include a modest decline in midstream EBITDA, reliance on one-time/optimization gains and weather-driven effects in Q1, expected Q2 hedge offsets, and execution/regulatory risks tied to a large project slate and geopolitical uncertainty. Overall the tone was upbeat with clear growth visibility but with acknowledged near-term volatility and execution risk.
View all MX:ET earnings summariesET Net sales Breakdown
- 29.89% Crude sales
- 29.76% Refined product sales
- 20.31% NGL sales
- 14.54% Gathering, transportation and other fees
- 5.50% Other












