Energy Transfer LP (NYSE:ET – Get Free Report) Director Kelcy Warren purchased 352,032 shares of the company’s stock in a transaction on Tuesday, August 18th. The stock was acquired at an average cost of $21.27 per share, for a total transaction of $7,487,720.64. Following the completion of the transaction, the director owned 147,253,911 shares in the company, valued at approximately $3,132,090,686.97. This trade represents a 0.24% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link.
Energy Transfer Trading Down 0.0%
Shares of ET stock opened at $21.20 on Friday. The firm has a market capitalization of $73.00 billion, a P/E ratio of 14.42, a price-to-earnings-growth ratio of 0.75 and a beta of 0.55. Energy Transfer LP has a 1 year low of $16.18 and a 1 year high of $21.64. The firm’s fifty day simple moving average is $19.98 and its 200 day simple moving average is $19.42. The company has a current ratio of 1.16, a quick ratio of 0.94 and a debt-to-equity ratio of 1.45.
Energy Transfer (NYSE:ET – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The pipeline company reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.21. The firm had revenue of $34.33 billion during the quarter, compared to the consensus estimate of $27.71 billion. Energy Transfer had a net margin of 4.87% and a return on equity of 11.55%. The business’s revenue was up 78.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.32 EPS. As a group, sell-side analysts predict that Energy Transfer LP will post 1.66 EPS for the current year.
Energy Transfer Increases Dividend
More Energy Transfer News
Here are the key news stories impacting Energy Transfer this week:
- Positive Sentiment: Co-founder and director Kelcy Warren bought a combined 1 million ET shares on August 18 and 19 for approximately $21.3 million. The purchases, made near the partnership’s 52-week high, increased his ownership to nearly 147.9 million shares and signal confidence in Energy Transfer’s outlook. Energy Transfer Co-Founder’s $15 Million Bet Near a 52-Week High Sends a Bullish Message
- Positive Sentiment: US Capital Advisors raised its EPS forecasts for multiple quarters through 2028, including FY2027 EPS to $1.59 from $1.45 and FY2028 EPS to $1.62 from $1.48. The revisions reinforce expectations for continued earnings growth. Energy Transfer analyst estimates
- Positive Sentiment: Recent coverage highlighted record second-quarter volumes, strong U.S. hydrocarbon export demand and Energy Transfer’s fee-based, contracted infrastructure. These characteristics reduce direct sensitivity to commodity prices and provide visibility for future distributions and growth projects. Energy Transfer: A 6.4% Yield Backed By The AI Power Boom
- Positive Sentiment: Energy Transfer’s second-quarter performance included a 32% increase in partner-attributable distributable cash flow, 49% growth in first-half conventional free cash flow and distribution coverage above 2.2 times. Raised 2026 EBITDA guidance of $18.8 billion-$19.1 billion further supports the income-investment case. Energy Transfer: Strong Buy With A Path To 7% Yield On Cost
- Neutral Sentiment: ET’s recent move to a new one-year high and analyst price-target increases reflect strong momentum, but the stock’s proximity to that high may limit near-term upside and raise valuation sensitivity. Energy Transfer Reaches New 1-Year High After Analyst Upgrade
- Negative Sentiment: Cooler U.S. weather forecasts have pressured natural-gas prices by potentially reducing power demand. Energy Transfer’s fee-based model cushions the impact, but weaker commodity prices could weigh on broader midstream-sector sentiment. Cooler US Weather Forecasts Weigh on Nat-Gas Prices
Wall Street Analysts Forecast Growth
A number of analysts have commented on the company. Stifel Nicolaus raised their price objective on Energy Transfer from $23.00 to $25.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Raymond James Financial restated a “strong-buy” rating on shares of Energy Transfer in a research report on Wednesday, May 6th. Zacks Research lowered Energy Transfer from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 11th. Truist Financial raised their target price on Energy Transfer from $23.00 to $25.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Energy Transfer from $22.00 to $24.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $24.08.
Get Our Latest Research Report on Energy Transfer
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Basepoint Wealth LLC acquired a new stake in Energy Transfer during the fourth quarter valued at approximately $25,000. Osbon Capital Management LLC acquired a new position in shares of Energy Transfer in the 2nd quarter worth approximately $25,000. Gables Capital Management Inc. raised its holdings in shares of Energy Transfer by 60.0% in the 4th quarter. Gables Capital Management Inc. now owns 1,600 shares of the pipeline company’s stock worth $26,000 after buying an additional 600 shares in the last quarter. Sarver Vrooman Wealth Advisors bought a new position in shares of Energy Transfer during the 4th quarter worth approximately $32,000. Finally, Cassaday & Co Wealth Management LLC bought a new position in shares of Energy Transfer during the 1st quarter worth approximately $35,000. Institutional investors own 38.22% of the company’s stock.
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.
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