ET · Energy Transfer LP
Market Cap
$73.62B
Shares
3.44B
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$21.38
Open$21.36
Day$21.15–21.44
52W close$16.21–21.43
Avg vol 30d9.5M
Short int28.8M · 0.8% float · 2.7d
Short vol32%
Last earningsAug 4, 2026
DataJan 2020–Aug 2026
Filing10-Q · Aug 6
Up next
Next earnings call
Nov 3, 2026
Est · unconfirmed
· in 10 wks
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed Aug 6, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceOverall
Strong Buy
SellHoldBuy
Technical
Strong Buy
Momentum
Very Strong
Sentiment
Neutral
Fundamentals
Strong
Quant / Vol
Very Low
Market backdrop
VIX 14.5 · calm
Equity put/call 0.39
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+14%
above
Price vs 50-day avg
+6%
above
RSI (14)
63
neutral
MACD trend
Positive
52-week position
99%
near high
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
+6%
trailing
6-month return
+14%
trailing
YTD return
+30%
this year
Relative strength
−1%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $20 › 200d $19 — 50d above 200d
Institutional flow
Distributing
-2% holders QoQ · +92 funds added
Insider flow
Accumulating
Net +$21.5M over 90 days · 0% sells
Short interest
Rising
0.84% of float · ▲ +10.3% MoM · 2.7 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
1,284 holders — near 3-yr high, broad support
Squeeze score
48
elevated · 0–100
Fundamentals
Revenue growth
+3%
Y/Y
Gross margin
9%
expanding
Buyback
$880.0M
remaining
Balance sheet
$67.1B
net debt
Quant / Vol
risk profile
Volatility
17%
annualized · 1-yr
Max drawdown
−9%
past year
ATR
1.7%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Aug 4, 2026
full year of 2026
Adjusted EBITDA
Non-GAAP
Maintained
$18.8B – $19.1B
Jun 30, 2026
$18.8B – $19.1B
changed to
Aug 4, 2026
$18.8B – $19.1B
2026
Growth capital expenditures
$5.6B – $5.9B
Prior guidance
period ended
· from the 8-K filed Nov 5, 2025
Growth capital expenditures
· 2025
$4.6B
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong Buy
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+14%
Bullish
Price vs 50-day avg
+6%
Bullish
RSI (14)
63
Neutral
MACD trend
Positive
Bullish
52-week position
99%
Bullish
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Mixed
Trend (MA cross)
No cross
50d $20 › 200d $19 — 50d above 200d
Institutional flow
Distributing
-2% holders QoQ · +92 funds added
Insider flow
Accumulating
Net +$21.5M over 90 days · 0% sells
Short interest
Rising
0.84% of float · ▲ +10.3% MoM · 2.7 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
1,284 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $16
Now $21 · 99%
Range high $21
vs 200-day avg +14%
vs 50-day avg +6%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA related to unconsolidated affiliates non-GAAP | $130M | Three Months Ended June 30, 2026 filing | — |
| Crude oil terminal volumes (MBbls/d) | 4,911 | Three Months Ended June 30, 2026 filing | — |
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| Crude oil transportation and services Segment Adjusted EBITDA non-GAAP | $834M | Three Months Ended June 30, 2026 filing | — |
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| Crude oil transportation volumes (MBbls/d) | 7,336 | Three Months Ended June 30, 2026 filing | — |
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| Interstate transportation and storage Segment Adjusted EBITDA non-GAAP | $481M | Three Months Ended June 30, 2026 filing | — |
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| Intrastate transportation and storage Segment Adjusted EBITDA non-GAAP | $377M | Three Months Ended June 30, 2026 filing | — |
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| Investment in Sunoco LP Segment Adjusted EBITDA non-GAAP | $982M | Three Months Ended June 30, 2026 filing | — |
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| Investment in USAC Segment Adjusted EBITDA non-GAAP | $194M | Three Months Ended June 30, 2026 filing | — |
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| Midstream Segment Adjusted EBITDA non-GAAP | $884M | Three Months Ended June 30, 2026 filing | — |
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| Natural gas sold (BBtu/d) – Interstate | 19 | Three Months Ended June 30, 2026 filing | — |
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| Natural gas transported (BBtu/d) | 17,988 | Three Months Ended June 30, 2026 filing | — |
| Natural gas transported (BBtu/d) – Interstate | 17,988 | Three Months Ended June 30, 2026 filing | — |
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| Natural gas transported (BBtu/d) – Intrastate | 13,814 | Three Months Ended June 30, 2026 filing | — |
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| NGL and refined products transportation and services Segment Adjusted EBITDA non-GAAP | $1.31B | Three Months Ended June 30, 2026 filing | — |
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| Segment Adjusted EBITDA: All other non-GAAP | $6M | Three Months Ended June 30, 2026 filing | — |
| Segment Adjusted EBITDA: Crude oil transportation and services non-GAAP | $834M | Three Months Ended June 30, 2026 filing | — |
| Segment Adjusted EBITDA: Interstate transportation and storage non-GAAP | $481M | Three Months Ended June 30, 2026 filing | — |
| Segment Adjusted EBITDA: Intrastate transportation and storage non-GAAP | $377M | Three Months Ended June 30, 2026 filing | — |
| Segment Adjusted EBITDA: Investment in Sunoco LP non-GAAP | $982M | Three Months Ended June 30, 2026 filing | — |
| Segment Adjusted EBITDA: Investment in USAC non-GAAP | $194M | Three Months Ended June 30, 2026 filing | — |
| Segment Adjusted EBITDA: Midstream non-GAAP | $884M | Three Months Ended June 30, 2026 filing | — |
| Segment Adjusted EBITDA: NGL and refined products transportation and services non-GAAP | $1.31B | Three Months Ended June 30, 2026 filing | — |
| Withdrawals from storage natural gas inventory (BBtu) – Intrastate | 4,020 | Three Months Ended June 30, 2026 filing | — |
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| Adjusted EBITDA non-GAAP | $5.07B | three months ended June 30, 2026 | — |
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| Adjusted EBITDA of non-wholly owned subsidiaries (100%) non-GAAP | $578M | Three Months Ended June 30, 2026 | — |
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| Available borrowing capacity under revolving credit facility | $3.76B | as of June 30, 2026 | — |
| Common Units outstanding – end of period | 3.44B | Three Months Ended June 30, 2026 | — |
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| Crude oil terminal volumes | 4,911 | Three Months Ended June 30, 2026 | — |
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| Crude oil transportation volumes | 7,336 | Three Months Ended June 30, 2026 | — |
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| Distributable Cash Flow attributable to partners of Energy Transfer, as adjusted non-GAAP | $2.59B | Three Months Ended June 30, 2026 | — |
| Distributable Cash Flow attributable to partners, as adjusted non-GAAP | $2.59B | three months ended June 30, 2026 | — |
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| Distributable Cash Flow of non-wholly owned subsidiaries (100%) non-GAAP | $558M | Three Months Ended June 30, 2026 | — |
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| Funds Available under Five-Year Revolving Credit Facility | $3.76B | As of June 30, 2026 | — |
| Gathered volumes (BBtu/d) | 22,142 | Three Months Ended June 30, 2026 | — |
| Growth capital expenditures | $1.1B | second quarter of 2026 | — |
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| NGL and refined products terminal volumes | 1,864 | Three Months Ended June 30, 2026 | — |
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| NGL and refined products terminal volumes (MBbls/d) | 1,864 | Three Months Ended June 30, 2026 | — |
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| NGL fractionation volumes | 1,188 | Three Months Ended June 30, 2026 | — |
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| NGL fractionation volumes (MBbls/d) | 1,188 | Three Months Ended June 30, 2026 | — |
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| NGL transportation volumes | 2,641 | Three Months Ended June 30, 2026 | — |
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| NGL transportation volumes (MBbls/d) | 2,641 | Three Months Ended June 30, 2026 | — |
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| NGLs produced (MBbls/d) | 1,243 | Three Months Ended June 30, 2026 | — |
| Our proportionate share of Adjusted EBITDA of non-wholly owned subsidiaries non-GAAP | $285M | Three Months Ended June 30, 2026 | — |
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| Our proportionate share of Distributable Cash Flow of non-wholly owned subsidiaries non-GAAP | $265M | Three Months Ended June 30, 2026 | — |
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| Refined products transportation volumes | 574 | Three Months Ended June 30, 2026 | — |
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| Refined products transportation volumes (MBbls/d) | 574 | Three Months Ended June 30, 2026 | — |
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| Total Adjusted EBITDA related to unconsolidated affiliates non-GAAP | $196M | Three Months Ended June 30, 2026 | — |
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| Total distributions received from unconsolidated affiliates | $126M | Three Months Ended June 30, 2026 | — |
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| Total distributions to be paid to partners | $1.17B | Three Months Ended June 30, 2026 | — |
| Distributable Cash Flow (consolidated) non-GAAP | $3.55B | Three Months Ended March 31, 2026 | — |
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| Distributable Cash Flow attributable to the partners of Energy Transfer non-GAAP | $2.7B | Three Months Ended March 31, 2026 | — |
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| Distributable Cash Flow attributable to the partners of Energy Transfer, as adjusted non-GAAP | $2.7B | Three Months Ended March 31, 2026 | — |
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| Equity NGLs (MBbls/d) – Midstream | 64 | Three Months Ended March 31, 2026 | — |
| Gathered volumes (BBtu/d) – Midstream | 21,680 | Three Months Ended March 31, 2026 | — |
| NGLs produced (MBbls/d) – Midstream | 1,155 | Three Months Ended March 31, 2026 | — |
| Equity NGLs | 64 | Three Months Ended December 31, 2025 | — |
| Equity NGLs (Midstream) | 64 | Three Months Ended December 31, 2025 | — |
| Five-Year Revolving Credit Facility Size | $5B | December 31, 2025 | — |
| Funds Available at December 31, 2025 | $2.12B | December 31, 2025 | — |
| Gathered volumes | 21,484 | Three Months Ended December 31, 2025 | — |
| Gathered volumes (Midstream) | 21,484 | Three Months Ended December 31, 2025 | — |
| Maintenance capital expenditures | -$1.32B | Year Ended December 31, 2025 | — |
| Natural gas sold (Interstate Transportation and Storage) | 56 | Three Months Ended December 31, 2025 | — |
| Natural gas transported (Interstate Transportation and Storage) | 17,708 | Three Months Ended December 31, 2025 | — |
| Natural gas transported (Intrastate Transportation and Storage) | 13,482 | Three Months Ended December 31, 2025 | — |
| NGL and refined products terminal volumes (NGL and Refined Products Transportation and Services) | 1,639 | Three Months Ended December 31, 2025 | — |
| NGL fractionation volumes (NGL and Refined Products Transportation and Services) | 1,177 | Three Months Ended December 31, 2025 | — |
| NGL transportation volumes (NGL and Refined Products Transportation and Services) | 2,364 | Three Months Ended December 31, 2025 | — |
| NGLs produced | 1,176 | Three Months Ended December 31, 2025 | — |
| NGLs produced (Midstream) | 1,176 | Three Months Ended December 31, 2025 | — |
| Quarterly cash distribution per common unit | $0.34 | the quarter ended December 31, 2025 | — |
| Refined products transportation volumes (NGL and Refined Products Transportation and Services) | 603 | Three Months Ended December 31, 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Oil & Gas Midstream — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
ET
this stock
Energy Transfer LP
|
$73.62B | +29.7% | +3.5% | — | 0.8% |
|
ENB
Enbridge Inc
|
$109.07B | +4.4% | — | — | 3.2% |
|
WMB
Williams Companies, Inc.
|
$91.02B | +23.4% | +13.8% | 29.7 | 2.0% |
|
EPD
Enterprise Products Partners L.P.
|
$84.33B | +21.8% | -6.4% | — | 0.9% |
|
KMI
Kinder Morgan, Inc.
|
$70.23B | +14.7% | +12.2% | 20.2 | 2.1% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| ET | +0.8% | +5.6% | +14.1% | +5.0% | +29.7% |
| SPY | +1.1% | +4.0% | +14.7% | +3.2% | +13.1% |
| vs SPY | -0.3% | +1.7% | -0.6% | +1.8% | +16.6% |
Capital returns
Latest dividend
$0.34
/ share · ex Aug 7, 2026
Paid (TTM)
$1.346
/ share · 4 payouts
Dividend yield (TTM, derived)
6.30%
Buyback program
· as of Jun 30, 2026
Authorized
$2.00B
Spent (derived)
$1.12B
Remaining
$880.00M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
1276187
CUSIP
29273V100
13F (30d)
806 filings
795 filers
Visit website
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