Energy Transfer LP (NYSE:ET – Get Free Report) shares rose 1.1% during trading on Friday . The company traded as high as $19.82 and last traded at $19.6560. Approximately 16,970,570 shares were traded during trading, an increase of 8% from the average daily volume of 15,644,400 shares. The stock had previously closed at $19.44.
More Energy Transfer News
Here are the key news stories impacting Energy Transfer this week:
- Positive Sentiment: Analysts and retail outlets are re‑assessing ET after a recent multi‑period upswing in the unit price, pushing the partnership back onto investor radar for its income profile and perceived value. This coverage helps explain buying interest and short‑term momentum. Reassessing Energy Transfer (ET) Valuation After Its Recent Unit Price Upswing
- Positive Sentiment: Investor commentary highlights ET as a defensive income play that can perform regardless of big swings in oil prices thanks to fee‑based midstream cash flows and a high yield, which likely attracts yield‑seeking buyers. 1 Stock That Wins Whether Oil Goes to $120 or $60
- Positive Sentiment: Coverage emphasizing ET’s rising dividend and total‑return case (annual payout noted) is contributing to demand from income investors, supporting the recent price appreciation. 1 Reason Energy Transfer Could Be the Best Dividend Stock of 2026
- Neutral Sentiment: Market commentators and Zacks pointed out that while the broader market dipped, ET outperformed intraday — a sign of sector/flow dynamics rather than a clear fundamental catalyst. This suggests relative safety/rotation into pipelines. Why the Market Dipped But Energy Transfer LP (ET) Gained Today
- Neutral Sentiment: New coverage initiations and notes from firms such as Truist and US Capital Advisors have increased the flow of published research; impact depends on the tone of those reports but they raise visibility. Energy Transfer (NYSE:ET) Coverage Initiated at Truist Financial
- Negative Sentiment: Long‑standing investor Abrams Capital trimmed its stake in ET, which could be viewed as a cautionary signal by some investors even though the hedge fund remains a long‑term holder. That trimming may cap upside for some buyers. Energy Transfer LP (ET): Billionaire David Abrams Trims Stake
- Neutral Sentiment: Live quote and quoting pages continue to circulate (market data feeds), useful for traders but not a direct fundamental driver. energy transfer operating lp – ET
Analysts Set New Price Targets
A number of equities research analysts recently issued reports on the company. Scotiabank reiterated an “outperform” rating on shares of Energy Transfer in a research report on Friday, January 16th. Weiss Ratings restated a “buy (b-)” rating on shares of Energy Transfer in a research report on Wednesday, December 24th. Wells Fargo & Company upped their target price on Energy Transfer from $23.00 to $25.00 and gave the stock an “overweight” rating in a research note on Friday, March 13th. Royal Bank Of Canada raised Energy Transfer to a “moderate buy” rating in a report on Monday, December 15th. Finally, Truist Financial began coverage on Energy Transfer in a research report on Tuesday. They set a “buy” rating and a $23.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Energy Transfer has an average rating of “Moderate Buy” and an average target price of $21.60.
Energy Transfer Stock Performance
The company’s 50-day moving average price is $18.51 and its two-hundred day moving average price is $17.39. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.90 and a current ratio of 1.22. The stock has a market cap of $67.62 billion, a PE ratio of 16.24, a PEG ratio of 1.07 and a beta of 0.63.
Energy Transfer (NYSE:ET – Get Free Report) last posted its quarterly earnings data on Tuesday, February 17th. The pipeline company reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.09). The company had revenue of $25.32 billion for the quarter, compared to the consensus estimate of $23.56 billion. Energy Transfer had a return on equity of 10.17% and a net margin of 5.11%.The business’s revenue was up 29.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.29 earnings per share. On average, equities research analysts forecast that Energy Transfer LP will post 1.46 EPS for the current year.
Energy Transfer Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, February 19th. Shareholders of record on Friday, February 6th were paid a dividend of $0.335 per share. This represents a $1.34 annualized dividend and a yield of 6.8%. This is an increase from Energy Transfer’s previous quarterly dividend of $0.33. The ex-dividend date of this dividend was Friday, February 6th. Energy Transfer’s dividend payout ratio is presently 110.74%.
Hedge Funds Weigh In On Energy Transfer
Several institutional investors have recently modified their holdings of the company. Morgan Stanley increased its stake in Energy Transfer by 41.6% in the 4th quarter. Morgan Stanley now owns 86,310,272 shares of the pipeline company’s stock worth $1,423,256,000 after purchasing an additional 25,366,594 shares during the period. CIBC Bancorp USA Inc. purchased a new stake in shares of Energy Transfer during the third quarter valued at approximately $264,309,000. Alps Advisors Inc. boosted its stake in shares of Energy Transfer by 8.0% during the fourth quarter. Alps Advisors Inc. now owns 83,843,087 shares of the pipeline company’s stock valued at $1,382,573,000 after purchasing an additional 6,192,066 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Energy Transfer by 9.3% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,353,476 shares of the pipeline company’s stock worth $387,139,000 after purchasing an additional 1,825,391 shares during the last quarter. Finally, Invesco Ltd. increased its stake in shares of Energy Transfer by 3.2% in the third quarter. Invesco Ltd. now owns 57,862,666 shares of the pipeline company’s stock worth $992,923,000 after buying an additional 1,773,042 shares during the period. 38.22% of the stock is currently owned by institutional investors.
About Energy Transfer
Energy Transfer (NYSE: ET) is a Dallas-based midstream energy company that develops and operates infrastructure for the transportation, storage and processing of hydrocarbons. The company’s operations focus on moving and storing natural gas, natural gas liquids (NGLs), crude oil and refined products through an integrated network of pipelines, terminals, storage facilities and processing plants. Energy Transfer provides core midstream services such as gathering, compression, fractionation, processing, and bulk transportation to support production and downstream supply chains.
Its asset base spans an extensive network across the United States, connecting producing regions, processing centers, petrochemical hubs and coastal and inland markets.
Further Reading
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