YOLFTbeta
Energy Transfer LP

Energy Transfer LP

ET · NYSE · Energy / Oil & Gas Midstream

19.40USD-0.02 (-0.10%)

Price History

Full chart

Market Stats

Previous Close19.42
Open19.44
Day Range19.34 – 19.65
52-Week Range15.36 – 21.84
Volume9.03M
Market Cap70.93B
P/E (TTM)14.11
Forward P/E12.47
EPS1.46
Dividend Yield6.70%
Beta0.60
50-Day Avg20.80
200-Day Avg19.60

About

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.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Midstream
  • CEOMr. Marshall S. McCrea III
  • Employees22.31K
  • Headquarters8111 Westchester Drive, Dallas, TX, United States, 75225, USA
  • Websitehttps://energytransfer.com

Leadership

  • Mr. Marshall S. McCrea IIICo-CEO & Director of LE GP, LLC · b. 1959
  • Mr. Thomas E. Long C.P.A.Co-CEO & Director of LE GP, LLC · b. 1957
  • Mr. Dylan A. BramhallGroup Chief Financial Officer of LE GP, LLC · b. 1977
  • Mr. Aden SturrockGroup Senior VP, Controller & Principal Accounting Officer of LE GP, LLC · b. 1971
  • Mr. James M. Wright Jr.Executive VP, General Counsel & Chief Compliance Officer · b. 1969
  • Mr. Kelcy L. WarrenExecutive Chairman of LE GP, LLC · b. 1956
  • Mr. Daniel M. WentworthExecutive Vice President of Operations
  • Mr. Steve J. HotteGroup Senior VP & Chief Information Officer
  • Mr. Robert M. Kerrigan IIIGroup Senior Vice President of Human Resources & Administration
  • Mr. Brent RatliffVP, Investor Relations

Financials

Income Statement

Currency: USD2004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.35B6.17B7.86B6.79B9.29B5.42B6.60B8.24B16.96B48.34B55.69B42.13B37.50B40.52B54.09B54.21B38.95B67.42B89.88B78.59B82.67B82.63B
Growth (%)-+162.84%+27.40%-13.58%+36.83%-41.71%+21.80%+24.89%+105.86%+184.93%+15.22%-24.36%-10.97%+8.05%+33.47%+0.23%-28.15%+73.07%+33.31%-12.56%+5.20%-0.05%
Cost of Revenue1.98B5.70B6.99B5.08B7.72B3.12B4.11B6.10B14.15B44.12B50.38B30.72B25.89B33.61B44.69B43.09B28.70B53.97B76.57B64.78B66.98B64.62B
Gross Profit365.53M467.73M867.79M1.71B1.57B2.30B2.49B2.14B2.81B4.21B5.31B5.38B5.90B6.91B9.39B11.12B10.25B13.45B13.31B13.80B15.69B18.01B
Gross Margin15.57%7.58%11.04%25.23%16.93%42.37%37.69%25.95%16.59%8.72%9.53%12.77%15.73%17.06%17.37%20.51%26.31%19.95%14.80%17.56%18.98%21.79%
Operating Expense234.73M169.81M292.25M904.50M474.55M1.18B1.45B903.97M1.45B2.66B2.84B3.09B4.05B4.20B3.99B3.92B7.27B4.66B5.57B5.51B6.55B8.57B
Operating Income130.81M297.92M575.54M809.34M1.10B1.11B1.04B1.23B1.36B1.55B2.47B2.29B1.85B2.71B5.40B7.20B2.98B8.79B7.74B8.29B9.14B9.44B
Operating Margin5.57%4.83%7.32%11.92%11.82%20.50%15.71%14.98%8.02%3.21%4.44%5.43%4.94%6.69%9.99%13.29%7.65%13.04%8.61%10.56%11.05%11.42%
EBITDA-205.83M409.62M709.13M1.01B1.18B1.50B1.39B1.87B3.39B3.55B4.56B4.59B5.11B6.31B8.69B10.50B9.54B12.63B12.29B12.56B15.40B15.29B
EBITDA Margin-8.77%6.64%9.02%14.83%12.65%27.70%21.07%22.74%19.97%7.35%8.20%10.89%13.62%15.58%16.07%19.36%24.49%18.73%13.67%15.98%18.62%18.51%
Net Income450.22M146.75M107.14M319.36M375.04M442.47M192.76M309.81M304.00M196.00M633.00M1.19B995.00M954.00M1.69B3.52B-648.00M5.47B4.76B3.94B4.81B4.90B
Net Income Margin19.18%2.38%1.36%4.70%4.04%8.17%2.92%3.76%1.79%0.41%1.14%2.82%2.65%2.35%3.13%6.49%-1.66%8.11%5.29%5.01%5.82%5.93%
R&D--------54.02M-----0-------
R&D as % of Total Revenue--------0.32%-----0.00%-------
Interest Expense41.22M141.12M150.65M316.42M357.54M468.42M624.89M739.81M1.08B1.22B1.37B1.62B1.80B1.92B2.06B2.33B2.33B2.27B2.31B2.58B3.13B3.32B
Interest Expense % of Total Revenue1.76%2.29%1.92%4.66%3.85%8.65%9.47%8.98%6.37%2.53%2.46%3.85%4.81%4.74%3.80%4.30%5.97%3.36%2.57%3.28%3.78%4.02%

Balance Sheet

Currency: USD2004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.87B4.92B5.92B8.18B11.07B12.16B17.38B20.90B48.90B50.33B64.47B71.19B79.01B86.25B88.25B98.97B95.14B105.96B105.64B113.70B125.38B141.74B
Total Liabilities1.69B3.79B4.44B6.35B8.73B8.94B11.13B13.51B32.55B34.02B42.14B47.58B56.48B56.24B56.90B64.30B62.99B65.83B64.49B68.98B78.95B92.48B
Total Equity-368.31M-88.14M45.75M-47.13M38.28M73.48M438.27M124.31M16.35B1.08B22.33B23.61B22.53B30.00B31.35B21.92B18.54B31.30B33.03B36.68B35.12B34.37B
Cash82.85M33.46M26.20M77.35M92.02M68.31M86.26M126.34M372.00M590.00M847.00M606.00M483.00M336.00M419.00M291.00M367.00M336.00M257.00M161.00M312.00M1.27B
Total Debt1.10B2.33B3.25B5.25B7.24B7.79B9.38B11.37B22.05B23.20B30.66B36.97B43.80B44.08B46.03B52.02B52.33B50.57B49.11B53.22B60.56B71.61B
Net Debt1.02B2.30B3.22B5.17B7.14B7.72B9.30B11.24B21.07B22.61B28.81B36.23B42.38B43.34B42.95B51.73B51.96B50.23B48.85B53.06B60.25B70.34B

Cash Flow

Currency: USD2004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow122.10M38.13M310.78M754.50M1.14B723.46M1.09B1.38B1.08B2.42B3.17B2.98B3.32B4.43B7.51B8.00B7.36B11.16B9.05B9.55B11.51B10.15B
Investing Cash Flow-731.83M-1.13B-1.24B-2.16B-2.02B-1.35B-1.83B-3.87B-4.20B-2.35B-6.79B-10.09B-9.47B-5.61B-7.08B-6.93B-4.90B-2.77B-4.02B-4.33B-5.90B-8.37B
Financing Cash Flow637.51M1.03B926.37M1.45B1.23B598.59M761.05M2.54B3.36B146.00M3.88B6.79B5.93B953.00M-3.08B-1.20B-2.39B-8.42B-5.11B-5.33B-5.45B-816.00M
Capital Expenditure109.69M196.46M680.16M1.10B2.05B748.62M1.51B1.81B3.27B3.50B5.38B9.39B8.09B8.44B7.41B5.96B5.13B2.82B3.38B3.13B4.16B6.30B
Free Cash Flow12.41M-140.01M-369.38M-342.17M-1.23B-25.16M-423.10M-433.54M-2.19B-1.09B-2.21B-6.32B-4.67B-4.01B99.00M2.04B2.23B8.34B5.67B6.42B7.34B3.85B
Dividends Paid266.28M671.61M101.26M277.00M435.87M852.13M1.05B1.30B666.00M731.00M819.00M1.09B1.02B1.01B1.68B3.05B2.80B1.90B3.05B4.25B4.62B4.72B
FCF to OCF10.16%-367.15%-118.86%-45.35%-107.64%-3.48%-38.89%-31.46%-203.43%-44.89%-69.48%-212.08%-140.73%-90.65%1.32%25.53%30.31%74.72%62.65%67.20%63.81%37.90%
Dividend Paid to FCF2145.66%-479.70%-27.41%-80.95%-35.41%-3386.84%-248.32%-300.82%-30.37%-67.31%-37.13%-17.20%-21.80%-25.11%1697.98%149.49%125.59%22.76%53.74%66.16%62.97%122.85%

Earnings

Report DateApr 17, 2006Jul 10, 2006Nov 14, 2006Jan 16, 2007Apr 11, 2007Jul 10, 2007Oct 30, 2007Jan 9, 2008May 12, 2008Aug 11, 2008Nov 10, 2008Feb 16, 2009May 11, 2009Aug 10, 2009Nov 9, 2009Feb 18, 2010May 6, 2010Aug 9, 2010Nov 9, 2010Feb 17, 2011May 6, 2011Aug 4, 2011Nov 2, 2011Feb 15, 2012May 8, 2012Aug 7, 2012Nov 7, 2012Feb 20, 2013May 9, 2013Aug 7, 2013Nov 5, 2013Feb 19, 2014May 6, 2014Aug 6, 2014Nov 5, 2014Feb 18, 2015May 6, 2015Aug 5, 2015Nov 4, 2015Feb 24, 2016May 4, 2016Aug 3, 2016Nov 9, 2016Feb 22, 2017May 3, 2017Aug 8, 2017Nov 7, 2017Feb 21, 2018May 9, 2018Aug 8, 2018Nov 7, 2018Feb 20, 2019May 8, 2019Aug 7, 2019Nov 6, 2019Feb 19, 2020May 11, 2020Aug 5, 2020Nov 4, 2020Feb 17, 2021May 6, 2021Aug 3, 2021Nov 3, 2021Feb 16, 2022May 4, 2022Aug 3, 2022Nov 1, 2022Feb 15, 2023May 2, 2023Aug 2, 2023Nov 1, 2023Feb 14, 2024May 8, 2024Aug 7, 2024Nov 6, 2024Feb 11, 2025May 6, 2025Aug 6, 2025Nov 5, 2025Feb 17, 2026May 5, 2026Aug 4, 2026Nov 4, 2026
EPS Estimate0.090.040.040.060.140.100.060.090.150.070.080.090.170.110.100.120.160.100.080.110.160.090.090.100.100.110.080.150.110.140.150.150.170.110.140.200.350.250.270.360.140.200.280.240.190.260.650.250.330.360.340.330.360.360.360.370.330.270.260.220.300.230.230.220.160.240.260.380.310.240.250.340.390.280.220.320.270.270.330.300.370.390.40
EPS Actual0.140.08-0.020.050.170.100.060.060.180.100.130.130.170.100.050.140.130.02-0.020.090.100.080.080.100.470.050.030.020.060.110.060.620.150.040.160.370.260.670.280.300.300.230.260.140.220.180.200.250.590.320.320.260.350.330.320.380.200.13-0.290.221.220.200.200.300.470.390.350.340.320.260.150.370.320.200.320.290.370.320.280.330.350.59-
Surprise55.56%100.00%-150.00%-16.67%21.43%0.00%0.00%-33.33%20.00%42.86%62.50%44.44%0.00%-9.09%-50.00%16.67%-18.75%-80.00%-125.00%-18.18%-37.50%-11.11%-11.11%0.00%370.00%-54.55%-62.50%-86.67%-45.45%-21.43%-60.00%313.33%-11.76%-63.64%14.29%85.00%-25.71%168.00%3.70%-16.67%114.29%15.00%-7.14%-41.67%15.79%-30.77%-69.23%0.00%78.79%-11.11%-5.88%-21.21%-2.78%-8.33%-11.11%2.70%-39.39%-51.85%-211.54%0.00%306.67%-13.04%-13.04%36.36%193.75%62.50%34.62%-10.53%3.23%8.33%-40.00%8.82%-17.95%-28.57%45.45%-9.38%37.04%18.52%-15.15%10.00%-5.41%51.28%-
TimingPre-marketAfter-hours-After-hoursPre-marketAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-Pre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap70.93B
Enterprise Value139.64B
Trailing P/E14.11
Forward P/E12.47
PEG Ratio0.64
Price / Sales0.66
Price / Book1.99
EPS1.46
Book Value9.29
Revenue (TTM)107.38B
Gross Profit (TTM)18.80B
EBITDA17.15B
Profit Margin4.92%
Operating Margin10.41%
Return on Equity14.56%
Return on Assets5.06%
Shares Outstanding3.44B
Shares Float2.94B
Beta0.60
Dividend Yield6.70%
Dividend Rate1.37
Payout Ratio87.45%

Analyst Ratings

Strong Buy
Based on 23 analystsTarget 24.70
  • Strong Buy
    15
  • Buy
    5
  • Hold
    3

Ownership Breakdown

Institutions
32.52%
Insiders
10.29%
Retail / Other
57.19%

Top Institutional Holders

  • ALPS Advisors Inc
    86.90M2.52%
  • Morgan Stanley - Brokerage Accounts
    85.61M2.49%
  • JPMorgan Chase & Co
    81.08M2.35%
  • The Goldman Sachs Group Inc
    62.82M1.82%
  • Amvescap Plc.
    54.93M1.60%
  • Tortoise Midstream Energy Fund, Inc.
    38.00M1.10%
  • Blackstone Inc
    35.78M1.04%
  • UBS Group AG
    30.55M0.89%
  • Bank of America Corp
    28.14M0.82%
  • Energy Income Partners, LLC
    25.65M0.75%
  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
    24.42M0.71%
  • Kayne Anderson Capital Advisors LP
    24.17M0.70%
  • FMR Inc
    21.97M0.64%
  • Natixis SA
    21.40M0.62%
  • Westwood Holdings Group Inc
    16.83M0.49%
  • Neuberger Berman Group LLC
    16.69M0.48%
  • Chickasaw Capital Management, LLC
    15.36M0.45%

Top Fund Holders

  • Alerian MLP ETF
    81.94M2.38%
  • Invesco SteelPath MLP Income Y
    34.62M1.01%
  • Global X MLP ETF
    17.30M0.50%

Dividends

20264×
0.34Nov 6, 20260.34Aug 7, 20260.34May 8, 20260.34Feb 6, 2026
20254×
0.33Nov 7, 20250.33Aug 8, 20250.33May 9, 20250.33Feb 7, 2025
20244×
0.32Nov 8, 20240.32Aug 9, 20240.32May 10, 20240.32Feb 6, 2024
20234×
0.31Oct 27, 20230.31Aug 11, 20230.31May 5, 20230.30Feb 6, 2023
20224×
0.27Nov 3, 20220.23Aug 5, 20220.20May 6, 20220.17Feb 7, 2022
20214×
0.15Nov 4, 20210.15Aug 5, 20210.15May 10, 20210.15Feb 5, 2021

Stock Splits

  • Jul 27, 20152:1
  • Jan 27, 20142:1