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Energy Transfer LP (ET)

Upturn stock ratingUpturn stock rating
$17.66
Last Close (24-hour delay)
Profit since last BUY0.63%
upturn advisory
Regular Buy
BUY since 68 days
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Upturn Advisory Summary

08/28/2025: ET (3-star) is a STRONG-BUY. BUY since 68 days. Profits (0.63%). Updated daily EoD!

Upturn Star Rating

rating

Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Number of Analysts

rating

17 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $22.58

1 Year Target Price $22.58

Analysts Price Target For last 52 week
$22.58 Target price
52w Low $14.06
Current$17.66
52w High $20.32

Analysis of Past Performance

Type Stock
Historic Profit 45.76%
Avg. Invested days 89
Today’s Advisory Regular Buy
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/28/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 60.62B USD
Price to earnings Ratio 13.69
1Y Target Price 22.58
Price to earnings Ratio 13.69
1Y Target Price 22.58
Volume (30-day avg) 17
Beta 0.79
52 Weeks Range 14.06 - 20.32
Updated Date 08/28/2025
52 Weeks Range 14.06 - 20.32
Updated Date 08/28/2025
Dividends yield (FY) 7.43%
Basic EPS (TTM) 1.29

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Earnings Date

Report Date 2025-08-06
When -
Estimate 0.34
Actual 0.32

Profitability

Profit Margin 5.89%
Operating Margin (TTM) 12.02%

Management Effectiveness

Return on Assets (TTM) 4.7%
Return on Equity (TTM) 13.21%

Valuation

Trailing PE 13.69
Forward PE 11.52
Enterprise Value 121955155837
Price to Sales(TTM) 0.75
Enterprise Value 121955155837
Price to Sales(TTM) 0.75
Enterprise Value to Revenue 1.51
Enterprise Value to EBITDA 8.02
Shares Outstanding 3432679936
Shares Floating 3087456749
Shares Outstanding 3432679936
Shares Floating 3087456749
Percent Insiders 10.1
Percent Institutions 31.82

ai summary icon Upturn AI SWOT

Energy Transfer LP

stock logo

Company Overview

overview logo History and Background

Energy Transfer LP (ET) was founded in 1996. Initially focused on natural gas pipelines in Texas, it has grown through acquisitions and expansions into a diversified energy company with operations across the United States. Key milestones include the acquisition of Heritage Propane in 2004, Southern Union Company in 2012, and Sunoco in 2012.

business area logo Core Business Areas

  • Intrastate Transportation and Storage: Involves natural gas gathering, processing, treating, compression, transportation, and storage operations that provide services to producers, marketers, and end users within the state of Texas.
  • Interstate Transportation and Storage: Consists of natural gas transportation and storage assets that transport natural gas between states.
  • Crude Oil Transportation and Services: Includes crude oil pipelines, storage facilities, and terminals.
  • NGL and Refined Products Transportation and Services: Consists of NGL and refined products pipelines, storage facilities, and terminals.
  • Petrochemical Transportation and Services: Refers to refined products pipelines that transport products to international exports and some domestic deliveries.
  • Investment in USAC: USAC is an equity investee that is involved in natural gas compression services.
  • Other: Includes various investments, including its Lake Charles LNG project and marketing operations.

leadership logo Leadership and Structure

Kelcy Warren is the Executive Chairman. The organizational structure includes various executive vice presidents overseeing different business segments, reporting to the CEO.

Top Products and Market Share

overview logo Key Offerings

  • Natural Gas Transportation: Energy Transfer transports natural gas through its extensive pipeline network. Market share data is difficult to pinpoint precisely, but Energy Transfer is a major player in this space. Competitors include Kinder Morgan (KMI), Williams Companies (WMB), and Enbridge (ENB).
  • Crude Oil Transportation: Energy Transfer transports crude oil through its pipelines. Market share is also substantial, competing with companies like Plains All American Pipeline (PAA) and Enterprise Products Partners (EPD).
  • NGL Transportation: Energy Transfer transports NGLs, including propane and butane. Competitors include Enterprise Products Partners (EPD) and ONEOK (OKE).

Market Dynamics

industry overview logo Industry Overview

The midstream energy sector is crucial for transporting and storing oil, natural gas, and natural gas liquids. The industry is affected by commodity prices, production levels, and regulatory changes. There is increasing scrutiny on environmental impact and sustainability.

Positioning

Energy Transfer LP is one of the largest and most diversified midstream energy companies in the United States. Its competitive advantage lies in its extensive network of pipelines and storage facilities, providing connectivity to various supply basins and demand markets.

Total Addressable Market (TAM)

The total addressable market for midstream energy infrastructure is estimated to be in the hundreds of billions of dollars. Energy Transfer LP is positioned well to capture a significant portion of this TAM due to its scale and strategic asset base.

Upturn SWOT Analysis

Strengths

  • Large, diversified asset base
  • Strategic geographic footprint
  • Strong relationships with producers and customers
  • Experienced management team
  • High barriers to entry in the midstream sector

Weaknesses

  • High debt levels
  • Exposure to commodity price fluctuations
  • Operational incidents can cause environmental issues and harm reputation
  • Complex organizational structure

Opportunities

  • Growing demand for natural gas and NGLs
  • Expansion of infrastructure to support shale production
  • Acquisitions of smaller midstream companies
  • Development of new projects, such as LNG export facilities

Threats

  • Increased regulatory scrutiny
  • Environmental activism and opposition to pipeline projects
  • Competition from other midstream companies
  • Economic downturns can reduce demand for energy
  • Changes in energy policy

Competitors and Market Share

competitor logo Key Competitors

  • Kinder Morgan (KMI)
  • Enterprise Products Partners (EPD)
  • Williams Companies (WMB)

Competitive Landscape

Energy Transfer LP has a competitive advantage due to its large, diversified asset base and strategic geographic footprint. However, it faces competition from other large midstream companies with similar capabilities.

Major Acquisitions

Enable Midstream Partners

  • Year: 2021
  • Acquisition Price (USD millions): 7200
  • Strategic Rationale: Expanded Energy Transfer's footprint in the mid-continent region and enhanced its natural gas gathering and processing capabilities.

Growth Trajectory and Initiatives

Historical Growth: ET has grown through acquisitions and organic expansions. Revenue and asset base has had a steady increase.

Future Projections: Analysts project continued growth in revenue and earnings, driven by increasing demand for natural gas and NGLs, and the company's expansion projects.

Recent Initiatives: Recent initiatives include investments in new pipeline projects, expansion of existing facilities, and development of LNG export capacity.

Summary

Energy Transfer LP is a large and diversified midstream energy company with a significant presence in the United States. Its strengths lie in its extensive asset base and strategic location. However, its high debt levels and exposure to commodity price fluctuations are weaknesses. Future growth depends on its ability to capitalize on increasing demand for natural gas and NGLs while managing regulatory and environmental challenges.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings (SEC)
  • Industry Reports
  • Analyst Estimates

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on your own research and due diligence.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Energy Transfer LP

Exchange NYSE
Headquaters Dallas, TX, United States
IPO Launch date 2006-02-03
Co-CEO & Director of LE GP, LLC Mr. Marshall S. McCrea III
Sector Energy
Industry Oil & Gas Midstream
Full time employees 16248
Full time employees 16248

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, oil pipeline, and oil stabilization facilities. Further, it owns 5,700 miles of NGL pipelines; NGL fractionation and storage facilities; and other NGL storage assets and terminals. Additionally, the company provides crude oil transportation, terminalling, acquisition, and marketing activities; owns and operates approximately 17,950 miles of crude oil trunk and gathering pipelines; and sells and distributes motor fuels and other petroleum products under the Sunoco and EcoMaxx brands. It also offers natural gas compression; wholesale power trading; and carbon dioxide and hydrogen sulfide removal services, as well as manages coal and natural resources properties; sells standing timber; leases coal-related infrastructure facilities; and collects oil and gas royalties. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. Energy Transfer LP was founded in 1996 and is headquartered in Dallas, Texas.