Energy Transfer LP (ET) – What Are Brokerages Thinking About This Stock?

Energy Transfer LP (TXSE:ET) has been given a consensus recommendation of “Moderate Buy” by the seventeen research firms that are currently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $24.73.

A number of equities research analysts recently weighed in on the stock. Jefferies Financial Group reaffirmed a “buy” rating and issued a $25.00 target price on shares of Energy Transfer in a research note on Wednesday. Mizuho set a $26.00 price target on shares of Energy Transfer in a research note on Tuesday, October 13th. Stifel Nicolaus assumed coverage on shares of Energy Transfer in a research note on Thursday, September 10th. They issued a “buy” rating and a $25.00 price target for the company. Zacks Research lowered shares of Energy Transfer from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 11th. Finally, Citigroup restated a “buy” rating and set a $24.00 price objective (up from $23.00) on shares of Energy Transfer in a research report on Friday, August 7th.

Energy Transfer Stock Performance

TXSE:ET opened at $19.19 on Friday. The business’s 50-day moving average price is $20.65 and its two-hundred day moving average price is $19.70. Energy Transfer has a twelve month low of $16.18 and a twelve month high of $21.84. The stock has a market cap of $66.08 billion, a P/E ratio of 13.05, a PEG ratio of 0.73 and a beta of 0.62. The company has a quick ratio of 0.94, a current ratio of 1.16 and a debt-to-equity ratio of 1.45.

Energy Transfer (TXSE:ET) last issued its quarterly earnings data on Tuesday, November 3rd. The pipeline company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.07). The business had revenue of $37.10 billion for the quarter, compared to analysts’ expectations of $30.98 billion. Energy Transfer had a return on equity of 11.55% and a net margin of 4.87%. During the same period in the previous year, the firm posted $0.28 EPS. As a group, equities analysts predict that Energy Transfer will post 1.73 EPS for the current fiscal year.

Energy Transfer Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Friday, November 6th will be given a $0.3425 dividend. This represents a $1.37 annualized dividend and a yield of 7.1%. This is a boost from Energy Transfer’s previous quarterly dividend of $0.34. The ex-dividend date is Friday, November 6th. Energy Transfer’s dividend payout ratio (DPR) is presently 90.13%.

Key Headlines Impacting Energy Transfer

Here are the key news stories impacting Energy Transfer this week:

• Positive Sentiment: Energy Transfer raised its 2026 adjusted EBITDA outlook to $19.7–$19.9 billion after a strong third quarter, with gains across its business segments and strength in NGLs and refined products. Energy Transfer Has Another Blowout Quarter
• Positive Sentiment: The partnership took final investment decision on a $1.6 billion South Mississippi pipeline, a 215-mile project designed to carry up to 1.2 billion cubic feet of gas per day. It is intended to serve growing demand, including from LNG exports and data centers. Energy Transfer sanctions $1.6bn South Mississippi pipeline project
• Positive Sentiment: Jefferies raised its price target on ET to $25, signaling increased optimism about the partnership’s prospects. Energy Transfer price target raised to $25 at Jefferies
• Neutral Sentiment: ET plans about $7 billion in 2027 growth spending and announced a $2.6 billion acquisition of Vaquero Midstream to expand its Permian gas gathering and processing footprint. These investments may support future growth, while requiring significant capital. ET Q3 Earnings Call Puts Gas Demand and Capital Spending in Focus
• Negative Sentiment: Despite strong revenue and cash generation, quarterly EPS of $0.33 fell short of the $0.40 consensus estimate. The earnings miss may be weighing on sentiment even as management raised its outlook. Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage

Insider Transactions at Energy Transfer

In other news, Director Kelcy Warren bought 647,968 shares of Energy Transfer stock in a transaction that occurred on Wednesday, August 19th. The shares were acquired at an average price of $21.26 per share, with a total value of $13,775,799.68. Following the completion of the purchase, the director directly owned 147,901,879 shares in the company, valued at $3,144,393,947.54. The trade was a 0.44% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 3.28% of the company’s stock.

Institutional Investors Weigh In On Energy Transfer

Several hedge funds have recently added to or reduced their stakes in ET. Arrow Investment Advisors LLC boosted its position in Energy Transfer by 4.9% during the 2nd quarter. Arrow Investment Advisors LLC now owns 10,866 shares of the pipeline company’s stock valued at $208,000 after acquiring an additional 505 shares in the last quarter. Cypress Capital Management LLC WY grew its holdings in shares of Energy Transfer by 3.9% during the 2nd quarter. Cypress Capital Management LLC WY now owns 13,439 shares of the pipeline company’s stock worth $257,000 after acquiring an additional 509 shares during the period. Argent Trust Co grew its holdings in shares of Energy Transfer by 2.1% during the 2nd quarter. Argent Trust Co now owns 26,035 shares of the pipeline company’s stock worth $498,000 after acquiring an additional 529 shares during the period. State of Wyoming raised its position in shares of Energy Transfer by 2.5% in the 2nd quarter. State of Wyoming now owns 22,822 shares of the pipeline company’s stock worth $436,000 after acquiring an additional 548 shares in the last quarter. Finally, Platform Technology Partners raised its position in shares of Energy Transfer by 0.8% in the 3rd quarter. Platform Technology Partners now owns 70,225 shares of the pipeline company’s stock worth $1,388,000 after acquiring an additional 549 shares in the last quarter. Institutional investors own 38.22% of the company’s stock.

Energy Transfer Company Profile

Energy Transfer LP is a diversified energy infrastructure company headquartered in Dallas, Texas. The partnership owns and operates a broad network of pipelines, processing facilities, storage assets and terminals that support the movement of natural gas, natural gas liquids, crude oil and refined products across the United States.

The company’s operations include gathering and processing natural gas, transporting and storing natural gas and NGLs, fractionating NGLs into component products, and transporting crude oil and refined products.