Energy Transfer (NYSE:ET) Shares Down 1% – Time to Sell?

Posted by George Bondi on Sep 16th, 2026

Energy Transfer LP (NYSE:ET – Get Free Report)’s share price was down 1% on Wednesday . The company traded as low as $20.99 and last traded at $21.1070. Approximately 6,769,652 shares changed hands during mid-day trading, a decline of 47% from the average session volume of 12,715,215 shares. The stock had previously closed at $21.33.

Energy Transfer News Summary

Here are the key news stories impacting Energy Transfer this week:

Positive Sentiment: Analyst confidence increased: Stifel resumed coverage with a favorable view, citing strong natural-gas demand, pipeline opportunities tied to data-center growth, and the company’s strong 2026 performance. Energy Transfer’s Strong 2026 Run Gets a Fresh Vote from Stifel
Positive Sentiment: Estimates were raised: Scotiabank lifted its FY2026 EPS forecast to $1.65 from $1.44 and its FY2027 estimate to $1.65 from $1.50, signaling improved expectations for earnings growth.
Positive Sentiment: Strong operating outlook: Recent coverage highlights rising natural-gas and NGL volumes, a 220% distribution-coverage ratio, continued distribution increases, and higher adjusted EBITDA guidance of approximately $18.8 billion to $19.1 billion. Energy Transfer: Huge Macro Winner, Big Yield, Growing Dividend
Positive Sentiment: Income and valuation remain attractive: Commentators point to ET’s sustainable 6%-plus distribution yield, fee-based cash flows, growth projects, and an enterprise-value-to-EBITDA multiple near 7.5. Jim Cramer also recommended buying the stock. Energy Transfer – Keep Adding To Your Position At ATHs
Neutral Sentiment: Short-term pressure: ET is close to a record level after a substantial year-to-date advance, which can prompt investors to lock in gains even as the long-term fundamental outlook improves.

Wall Street Analysts Forecast Growth

ET has been the topic of a number of analyst reports. Morgan Stanley lifted their price objective on shares of Energy Transfer from $23.00 to $25.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 18th. Royal Bank Of Canada reissued an “outperform” rating and issued a $23.00 target price (up from $21.00) on shares of Energy Transfer in a research report on Tuesday, July 21st. Stifel Nicolaus initiated coverage on shares of Energy Transfer in a research report on Thursday, September 10th. They issued a “buy” rating and a $25.00 price target on the stock. TD Cowen reiterated a “buy” rating and set a $25.00 price objective (up from $24.00) on shares of Energy Transfer in a research note on Monday, August 10th. Finally, Citigroup reiterated a “buy” rating and issued a $24.00 target price (up from $23.00) on shares of Energy Transfer in a research note on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $24.17.

View Our Latest Stock Analysis on ET

Energy Transfer Trading Down 1.0%

The stock’s fifty day moving average price is $20.78 and its two-hundred day moving average price is $19.78. The stock has a market capitalization of $72.68 billion, a P/E ratio of 14.36, a price-to-earnings-growth ratio of 0.72 and a beta of 0.57. 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 announced its quarterly earnings data on Tuesday, August 4th. The pipeline company reported $0.59 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 11.55% and a net margin of 4.87%.The business’s revenue was up 78.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.32 earnings per share. Equities research analysts forecast that Energy Transfer LP will post 1.74 EPS for the current year.

Energy Transfer Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Shareholders of record on Friday, August 7th were issued a $0.34 dividend. This is a boost from Energy Transfer’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Friday, August 7th. This represents a $1.36 dividend on an annualized basis and a yield of 6.4%. Energy Transfer’s payout ratio is 92.52%.

Insider Transactions at Energy Transfer

In other news, Director Kelcy Warren acquired 647,968 shares of the stock in a transaction dated Wednesday, August 19th. The stock was purchased at an average cost of $21.26 per share, with a total value of $13,775,799.68. Following the completion of the purchase, the director owned 147,901,879 shares in the company, valued at approximately $3,144,393,947.54. The trade was a 0.44% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director James Perry bought 12,359 shares of the company’s stock in a transaction dated Friday, August 7th. The shares were purchased at an average price of $20.23 per share, with a total value of $250,022.57. Following the completion of the acquisition, the director owned 208,046 shares of the company’s stock, valued at $4,208,770.58. This trade represents a 6.32% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired 1,012,359 shares of company stock worth $21,513,543 in the last 90 days. Corporate insiders own 3.28% of the company’s stock.

Hedge Funds Weigh In On Energy Transfer

Several large investors have recently modified their holdings of the stock. Osbon Capital Management LLC bought a new position in shares of Energy Transfer during the 2nd quarter valued at approximately $25,000. Basepoint Wealth LLC bought a new stake in shares of Energy Transfer in the 4th quarter worth about $25,000. Gables Capital Management Inc. boosted its stake in shares of Energy Transfer by 60.0% during the 4th quarter. Gables Capital Management Inc. now owns 1,600 shares of the pipeline company’s stock worth $26,000 after purchasing an additional 600 shares during the period. Cassaday & Co Wealth Management LLC bought a new position in Energy Transfer during the 1st quarter valued at about $35,000. Finally, Sarver Vrooman Wealth Advisors purchased a new stake in Energy Transfer in the 4th quarter worth about $32,000. Hedge funds and other institutional investors own 38.22% of the company’s stock.

About Energy Transfer

(Get Free Report)

Energy Transfer LP (NYSE: ET) is a diversified midstream energy partnership that owns and operates infrastructure used to transport, store, process and market energy commodities. Its assets support the movement of natural gas, crude oil, natural gas liquids (NGLs), refined products and other hydrocarbon-based materials.

The company’s operations include natural gas gathering and processing, interstate and intrastate pipeline transportation, NGL fractionation and storage, crude oil and refined products transportation, and terminal services.