Energy Transfer LP (ET)

NYSE American · Energy · Oil & Gas Midstream

$20.72+1.22%as of Oct 6, 2026, 4:35 AM ET

Market cap
$71.3B
P/E (trailing)
14.2
Forward P/E
11.9
Dividend yield
6.6%
52-week range
$16.18 – $21.84
52-week change
+22.80%
EPS (trailing)
$1.46
Analyst rating
1.5 Strong buy
Next earnings
Nov 3, 2026

Fiscal year to Dec 2025

Revenue
$85.5B (+3.47%)
Net income
$4.4B
Operating margin
10.6%
Free cash flow
$3.8B

From the company’s annual report on SEC EDGAR.

About Energy Transfer LP

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.

Headquarters: Dallas, United States · 22,311 employees · energytransfer.com