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Upturn AI Summary - About
Energy Transfer LP(ET)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for ET
11/06/2026: ET (3-star) is currently NOT-A-BUY. Pass it for now.
Energy Transfer LP is a prominent midstream energy company that operates a vast network of pipelines and storage facilities essential for moving natural gas, NGLs, and crude oil. The company is characterized by a strong, integrated asset footprint and a high concentration of stable, fee-based contracts. Its primary growth opportunity lies in leveraging its export infrastructure to meet growing international energy demand. However, investors must monitor risks related to regulatory permit challenges, operational leverage, and the long-term shift toward renewable energy. Energy Transfer may appeal to income-oriented investors due to its dividend yield, provided they are comfortable with the K-1 tax structure typical of master limited partnerships.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | While growth is present through optimization, the business is primarily mature and utility-like rather than high-growth. |
| Momentum investor | Strong fit while signal remains positive | The stock can exhibit strong price trends during periods of rising energy commodity prices or industry M&A cycles. |
| Value investor | Strong fit | The stock often trades at attractive valuation multiples relative to its stable, contract-backed cash flows. |
| Dividend investor | Strong fit | Energy Transfer is a staple for income-focused investors due to its high and historically supported distribution yield. |
| Low-risk investor | Mixed fit | While cash flows are stable, the complex MLP structure and sector-specific regulatory risks introduce volatility. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium / high | Midstream stock prices can be sensitive to fluctuations in broader energy commodity price benchmarks. |
| Valuation risk | Low | The company generally trades at reasonable multiples relative to its long-term cash generation capabilities. |
| Competition risk (Infrastructure) | Medium | Competition for throughput volume from other major midstream operators remains a constant pressure. |
| Business quality | Strong | The massive, integrated asset base provides a durable competitive moat that is difficult for new entrants to replicate. |
| Dividend income | Strong | The company has prioritized sustainable distributions, making it a reliable source of income for investors. |
| Execution risk | Medium | The successful integration of future acquisitions and large-scale project completions requires high operational discipline. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type Stock | Historic Profit 43.06% | Avg. Invested days 70 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 11/06/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 65.17B USD | Price to earnings Ratio 12.53 | 1Y Target Price 24.87 |
Price to earnings Ratio 12.53 | 1Y Target Price 24.87 | ||
Volume (30-day avg) 9.2M shares | Beta 0.6 | 52 Weeks Range 15.08 - 21.45 | Updated Date 11/08/2026 |
52 Weeks Range 15.08 - 21.45 | Updated Date 11/08/2026 | ||
Dividends yield (FY) 7.19% | Basic EPS (TTM) 1.51 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Natural Gas Transportation | Fees collected for moving natural gas through a vast interstate and intrastate pipeline network. | Steady fee income from essential energy transport services. |
| NGL and Refined Products | Processing, fractionation, and terminaling fees for NGLs and petroleum fuels. | Revenue tied to the volume of liquid energy products handled. |
| Crude Oil Operations | Pipeline transport and storage fees for crude oil heading to refineries and export ports. | Income generated from the backbone of U.S. crude export logistics. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2026-11-04 | When Before Market | Estimate 0.4 | Actual 0.33 |
Profitability
Profit Margin 4.39% | Operating Margin (TTM) 7.5% |
Management Effectiveness
Return on Assets (TTM) 5.24% | Return on Equity (TTM) 15.57% |
Valuation
Trailing PE 12.53 | Forward PE 11.2 | Enterprise Value 134.95B | Price to Sales(TTM) 0.52 |
Enterprise Value 134.95B | Price to Sales(TTM) 0.52 | ||
Enterprise Value to Revenue 1.08 | Enterprise Value to EBITDA 7.41 | Shares Outstanding 3.44B | Shares Floating 2.95B |
Shares Outstanding 3.44B | Shares Floating 2.95B | ||
Percent Insiders 10.29 | Percent Institutions 32.44 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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