Equites Radar

ET · Energy Transfer LP

Oil & Gas MidstreamUnited StatesAnalyst view: Strong Buy

$20.36

+1.46% last session

End-of-day data · updated 2026-07-28

Bullish5 bullish · 0 bearish technical signals
Consensus: Strong Buy (1.43 from 21 analysts)
To mean target: +17.4%

Market cap

$69B

Enterprise value

$158B

Trailing P/E

16.6

Forward P/E

13.0

Dividend yield

7.0%

Beta

0.55

Avg volume

11M

Employees

22K

2D change

5D change

-2.50%

10D change

-2.02%

30D change

3.86%

60D change

3.86%

MTD change

4.51%

YTD change

25.13%

Analyst Outlook

Consensus ratingStrong Buy
Recommendation mean (1–5)1.43
Covering analysts21
Mean price target$23.90
Low price target$22.00
Upside to mean target+17.4%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)57.5
50-day MA$19.59
200-day MA$17.93
Price vs 50-day MA+3.1%
Price vs 200-day MA+12.7%
MACD histogram0.00
Volume vs 3-month avg1.0×
52w low $15.4152w high $20.42

Analyst sentiment over time — ET

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-07-21

Latest call per bank · past 12 months

RBC Capital

Outperform

$23.00

+13.0% vs price
▲ raised from $21.00Maintains · 2026-07-21

Morgan Stanley

Equal-Weight

$23.00

+13.0% vs price
▲ raised from $21.00Maintains · 2026-05-27

Barclays

Overweight

$23.00

+13.0% vs price
▲ raised from $22.00Maintains · 2026-05-14

JP Morgan

Overweight

$24.00

+17.9% vs price
▲ raised from $22.00Maintains · 2026-05-12

Citigroup

Buy

$23.00

+13.0% vs price
▲ raised from $22.00Maintains · 2026-05-07

Wells Fargo

Overweight

$25.00

+22.8% vs price
▲ raised from $23.00Maintains · 2026-03-13

UBS

Buy

$22.00

+8.1% vs price
Reiterates · 2025-10-15

Recent rating actions

DateFirmActionRatingPrice target
2026-07-21RBC CapitalMaintainsOutperform$21.00 $23.00
2026-07-16TD CowenMaintainsBuy$23.00 $24.00
2026-05-27Morgan StanleyMaintainsEqual-Weight$21.00 $23.00
2026-05-14BarclaysMaintainsOverweight$22.00 $23.00
2026-05-13TD CowenMaintainsBuy$22.00 $23.00
2026-05-12ScotiabankMaintainsSector Outperform$22.00 $24.00
2026-05-12JP MorganMaintainsOverweight$22.00 $24.00
2026-05-07CitigroupMaintainsBuy$22.00 $23.00

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-07-28

  • RSI (14): RSI is 58 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 3.1% above the 50-day MA ($19.59).
  • Price vs 200-day MA: Trading 12.7% above the 200-day MA ($17.93).
  • MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
  • MACD (12,26,9): MACD histogram is positive (+0.00) — short-term momentum is improving.
  • 52-week range: Price is within 5% of the 52-week high ($20.42).

ET Price Chart

Loading chart for ET

Fundamentals

Revenue (TTM)$92B
EBITDA$16B
Free cash flow$2.0B
Operating cash flow$11B
Book value / share$9.03
Net debt / EBITDA4.5
WACC7.0%
Revenue growth32.00%
Earnings growth-4.00%

About Energy Transfer LP

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, compression, treating, dehydration and processing, oil pipeline 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, trucking, acquisition, and marketing activities; owns and operates approximately 18,000 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 management of 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.

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.