Energy
Energy Transfer LP(ET-PI)
Live Price
Offline$12.06
+0.33% today
Window Change
+5.73%
Window
Jun 23, 2025 โ May 4, 2026
- Market Cap
- $41.38B
- Revenue Growth
- -0.1%
- EPS Growth
- +5.4%
- Dividend Yield
- 6.5%
Coverage: 218 bars ยท Jun 23, 2025 โ May 4, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Energy Transfer LP (ET-PI) is a Energy stock with a market cap of $41.38B and listed on NYSE. The stock last traded around $12.05 and up 5.7% across the available one-year price window (Jun 23, 2025 โ May 4, 2026). Baseline metrics include revenue growth of -0.1%, EPS growth of +5.4%, a dividend yield of 6.5%. What stands out right now is revenue -0.1%, EPS +5.4%, free cash flow -47.6% with operating margin 11.1% and ROIC 5.4%. The dividend matters to the case here, with a current yield around 6.5%. Valuation is more restrained than many high-expectation growth names at P/E 14.5 and price/sales 0.8. Overall, the current profile looks closer to a income-oriented value setup than a generic broad-market placeholder. Stock Foundry combines ET-PI price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Energy peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Below sector median
-0.1% vs +11.2% peer median
Operating Margin
Above sector median
+11.1% vs +8.6% peer median
P/E
Above sector median
14.5 vs 7.9 peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on May 6, 2026, but the surprise data is still limited.
The operating picture looks softer than before
Revenue is at -0.1% and EPS is at +5.4%, with operating margin around 11.1%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 6.5%, which matters if the thesis depends on income as much as growth.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged +0.3% over the next 5 trading days and finished higher after 1 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 Feb 17, 2026 | -32.9% | +0.2% | +1.0% | -0.4% |
2025 Nov 4, 2025 | -11.6% | -0.2% | -0.2% | -1.7% |
2025 Aug 5, 2025 | +2.3% | -0.8% | +0.0% | +0.4% |
Benchmark Comparison
Normalized Performance vs SPY
Compare this ticker against a broad index, growth benchmark, or sector ETF using a shared 1Y normalization window.
ET-PI
โ
Normalized return
SPY
โ
S&P 500
Excess Return
โ
Relative to SPY
ET-PI Max Drawdown
-5.52%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for ET-PI and SPY.
Company Overview
Energy Transfer LP
New York Stock Exchange
Energy Transfer LP provides energy-related services. The company owns and operates natural gas transportation pipeline, and natural gas storage facilities in Texas and Oklahoma; and approximately 20,090 miles of interstate natural gas pipeline. 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 plant, and treating and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, Montana, North Dakota, Wyoming, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; and transports and supplies water to natural gas producer in Pennsylvania. Further, it owns 5,700 miles of natural gas liquid (NGL) pipeline; NGL fractionation facilities; NGL storage facilities; and other NGL storage assets and terminal. Additionally, the company provides crude oil transportation, terminalling, acquisition, and marketing activities; owns and operates approximately 14,500 miles of crude oil trunk and gathering pipelines in the Southwest, Midcontinent, and Midwest United States; and sells and distributes gasoline, middle distillate, and motor fuels and other petroleum products. It also offers natural gas compression services; carbon dioxide and hydrogen sulfide removal services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalty, and generate electrical power. 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.
- Leadership
- Marshall S. McCrea
- IPO Date
- Nov 3, 2023
- Employees
- 16.2k
- Street Address
- 8111 Westchester Drive
- Mailing
- Dallas, TX, 75225
- Region
- Dallas, TX, US
- Reporting Currency
- USD
- Investor Line
- 214 981 0700
- Last Updated
- Apr 28, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 14.5
- EV/EBITDA
- 10.8
- Price/Sales
- 0.8
- Price/Book
- 1.4
Growth
- Revenue
- -0.1%
- EPS
- +5.4%
- Free Cash Flow
- -47.6%
Profitability
- Gross Margin
- 22.9%
- Operating Margin
- 11.1%
- Net Margin
- 5.4%
- ROE
- 12.6%
- ROIC
- 5.4%
Balance Sheet
- Debt/Equity
- 1.43
- Current Ratio
- โ
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.