← Markets

Energy Transfer LP

ET · NYSE

Market closed$20.32$0.120000 (+0.59%)After hours $20.32 · 0.00%

Key statistics

Previous close$20.20
Open$20.37
Day high$20.46
Day low$20.26
52-week high$20.70
52-week low$16.18
Market cap69.92B
Volume9.15M
Average volume11.26M
P/E ratio16.93
Forward P/E5.23
EPS1.20
Dividend yield+6.57%

Market context

Why it moved

ET (Energy Transfer) edged higher as escalating U.S.-Iran tensions, including reported attacks on oil tankers in the Strait of Hormuz, pushed oil prices sharply above $80 per barrel, boosting sentiment for energy infrastructure and pipeline stocks.

CNBCInvestopediaYoutubeMashableFacebook

What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026Energy Transfer closed modestly higher, outperforming a broadly mixed market as the energy sector surged roughly 2% — one of the few bright spots in a session where the S&P 500 edged lower amid renewed U.S.-Iran tensions and AI sentiment concerns. The midstream MLP continues to benefit from its fee-based, volume-driven business model insulated from oil price swings, while analyst consensus remains firmly constructive with an average 'Buy' rating and price target of $23.45 — implying meaningful upside — supported by recent institutional buying, a recently raised quarterly dividend of $0.3375, and growing tailwinds from natural gas demand tied to AI data center buildout.

0.5941

July 17, 2026Energy Transfer rose nearly 1.5%, outperforming the broader market and the energy sector (XLE) on Wednesday, as investors responded to constructive midstream fundamentals and continued analyst optimism. The stock is trading near its 52-week high of $20.70, buoyed by a wall of Street Buy ratings and an average price target of $23.45 — roughly 16% above current levels — with TD Cowen recently raising its target to $24. The bullish backdrop includes rising institutional inflows, a recently increased quarterly dividend of $0.3375 (annualized ~6.7% yield), and growing conviction that ET is a direct beneficiary of surging AI data center energy demand through its fee-based natural gas infrastructure.

1.4566

July 16, 2026Energy Transfer closed modestly lower, edging down against a broader market that rallied on a softer-than-expected June CPI report. Despite the macro tailwind, the midstream giant saw below-average volume as investors digested its aggressive growth story: the company recently raised its 2026 capital expenditure guidance to $5.5–$5.9 billion, driven by pipeline projects tied to AI data center power demand and NGL export growth. Analysts remain broadly bullish with a consensus Buy rating and an average price target of $23.45, implying significant upside, while the company's 6.7% dividend yield and 18 consecutive quarters of distribution increases continue to anchor income-focused investor sentiment.

-0.7972

July 15, 2026Energy Transfer shares closed modestly lower, giving back a portion of Monday's 2.7% rally, even as the broader energy sector held relatively steady. Investor focus remains on the company's raised 2026 growth capex guidance of $5.5B–$5.9B, targeting AI data center gas demand and NGL exports, alongside a $1.75B junior subordinated notes offering priced last week. The consensus analyst 'Buy' rating with a $23.45 price target and a ~6.7% dividend yield continue to underpin a constructive longer-term outlook, despite a Q1 EPS miss.

-0.5451

July 14, 2026Energy Transfer rose nearly 3%, outpacing the broader market as surging oil prices—driven by renewed U.S.-Iran military exchanges and concerns over potential Strait of Hormuz disruptions—lifted the entire energy sector, with the S&P Energy Select Sector Index gaining 2.45%. Adding to bullish sentiment, a fresh report highlighted the company's plans to deploy up to $5.9 billion in growth capital expenditures this year, underscoring its aggressive infrastructure expansion across its 140,000-mile pipeline network. Analysts maintain a consensus Buy rating with a $23.45 price target, and recent institutional buying from firms like Manning & Napier and Summit Securities reflects growing conviction, even as the stock trades near its 52-week high of $20.70.

2.645

July 11, 2026Energy Transfer closed modestly lower as investors weighed a mixed fundamental backdrop against ongoing geopolitical tensions in the Middle East. The partnership's predominantly fee-based model — generating nearly 90% of 2026 earnings from contracted revenues — continues to underpin its investment case, though a Q1 EPS miss ($0.35 vs. $0.40 expected) and above-average debt levels temper enthusiasm. Analysts remain broadly bullish with a consensus Buy rating and a $23.45 price target, while a July 7 Texas court ruling ordering CPS Energy to pay $392 million to Energy Transfer over a Winter Storm Uri dispute adds a notable tailwind.

-0.6569

July 10, 2026Energy Transfer closed modestly lower as geopolitical tensions in the Middle East drove a mixed session for the broader energy sector. UBS reiterated its Buy rating and $24 price target on Energy Transfer, projecting FY2026 EBITDA of $18.49 billion while flagging sequentially softer Q2 results due to seasonal factors ahead of the August 4 earnings report. Investor focus remains on ET's strong fundamental backdrop—including Oracle data center supply agreements ramping to ~900 MMcf/d and the upsized Transwestern Desert Southwest expansion—as well as its recent redomicile from Delaware to Texas, effective for market purposes July 13.

-0.3525

July 9, 2026Energy Transfer closed modestly higher, holding steady amid a broader market risk-off session triggered by President Trump declaring the U.S.-Iran ceasefire 'over,' which sent oil prices surging over 5% and lifted midstream energy names. The partnership's fee-based, pipeline-heavy model — insulated from direct commodity price swings — continued to attract income-oriented investors, with its 7% distribution yield and Oracle data center supply agreements underpinning the bull case. A Zacks analysis noted ET has rallied ~16.5% over six months but modestly trails industry peers, while analysts maintain a consensus Buy rating with an average price target of ~$23.45.

0.2524

MarketBeat · July 18, 2026Catalyst Capital Advisors LLC Sells 75,180 Shares of Energy Transfer LP $ETThe Allegheny Front · July 17, 2026Energy Transfer seeks to expand gas plant with history of problems in Washington CountyBenzinga · July 17, 2026$1000 Invested In Energy Transfer 5 Years Ago Would Be Worth This Much TodayStock Titan · July 17, 2026Energy Transfer (NYSE: ET) adopts existing S-3 shelf after Texas redomiciliationSource New Mexico · July 16, 2026New Mexico land commissioner blocks Project Jupiter-related pipeline from building on state landSimply Wall Street · July 15, 2026Does Energy Transfer’s Shift to Long‑Dated Junior Debt Reframe Its Capital Structure Story (ET)?
Benzinga · July 16, 2026TD Cowen Maintains Buy on Energy Transfer, Raises Price Target to $24
Benzinga · July 13, 2026If You Invested $1000 In Energy Transfer Stock 5 Years Ago, You Would Have This Much Today
Mt Newswire · July 9, 2026Energy Transfer Likely to Post Sequentially Lower Q2 EBITDA Amid Seasonal Performance Slump, UBS Says
Mt Newswire · July 7, 2026Energy Transfer Prices $1.75 Billion Notes Offering
Mt Newswire · July 6, 2026Update: Energy Transfer Wins $392 Million Judgment in Texas Winter Storm Case
Mt Newswire · July 6, 2026Energy Transfer Wins $392 Million Judgment in Texas Winter Storm Case
Mt Newswire · July 6, 2026Energy Transfer Wins $392 Million Judgement in Texas Winter Storm Case
Mt Newswire · June 18, 2026Energy Transfer to Expand Nederland NGL Export Terminal

Peers

S&P 500SPX · $7,457.69-1.01%Kinder Morgan, Inc.KMI · $32.30-0.74%Enterprise Products Partners L.P.EPD · $38.20+0.53%MPLX LpMPLX · $57.06-0.19%Cheniere Energy, Inc.LNG · $262.60+1.39%TC Energy CorporationTRP · $69.76-0.20%Enbridge Inc.ENB · $56.71+0.44%The Williams Companies, Inc.WMB · $73.38-1.81%Targa Resources Corp.TRGP · $282.91+0.94%Plains All American Pipeline, L.P.PAA · $23.87+0.51%Martin Midstream Partners L.P.MMLP · $2.43+1.67%Archrock, Inc.AROC · $37.14+0.57%