Energy Transfer (NYSE:ET) Trading Up 1.7% – What’s Next?

Energy Transfer LP (NYSE:ET) shot up 1.7% during trading on Thursday . The stock traded as high as $20.81 and last traded at $20.6950. Approximately 12,453,700 shares changed hands during trading, a decline of 8% from the average session volume of 13,590,780 shares. The stock had previously closed at $20.34.

Energy Transfer News Roundup

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

• Positive Sentiment: Energy Transfer reported a strong second quarter, with earnings of $0.59 per unit versus the $0.38 consensus estimate and revenue of $34.33 billion, up 78.4% year over year and above forecasts. Energy Transfer LP Q2 2026 Earnings Call Highlights
• Positive Sentiment: Management raised 2026 adjusted EBITDA guidance to $18.8 billion-$19.1 billion, citing record NGL export volumes, strong throughput and robust performance across business segments. Energy Transfer Earnings: Another Guidance Raise on Strong Throughput
• Positive Sentiment: Analysts and investors are highlighting full pipeline and fractionator utilization, multiyear export-capacity commitments and accelerating growth projects as drivers of future EBITDA and distribution growth. Management continues to target annual distribution growth of 3%-5%. Energy Transfer Is Now Finally Firing On All Growth Cylinders
• Positive Sentiment: Income-focused coverage remains supportive: Energy Transfer’s distribution provides a yield of roughly 6.6%-7%, reinforcing its appeal as a high-income midstream investment. These Outperforming Giants Are Boosting Dividends in 2026
• Neutral Sentiment: The bullish outlook is tempered by elevated capital spending, which is expected to peak this year, and leverage near management’s 4x-4.5x EBITDA target. Rising interest rates could also reduce the relative appeal of high-yield securities.

Wall Street Analyst Weigh In

ET has been the subject of several research reports. Stifel Nicolaus lifted their price target on shares of Energy Transfer from $23.00 to $25.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Jefferies Financial Group restated a “buy” rating on shares of Energy Transfer in a report on Wednesday. Raymond James Financial reiterated a “strong-buy” rating on shares of Energy Transfer in a research note on Wednesday, May 6th. Citigroup restated a “buy” rating and issued a $23.00 target price (up from $22.00) on shares of Energy Transfer in a research note on Thursday, May 7th. Finally, Barclays reaffirmed an “overweight” rating and issued a $24.00 target price (up from $23.00) on shares of Energy Transfer in a report on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $23.58.

Energy Transfer Stock Up 1.7%

The stock’s 50-day moving average price is $19.58 and its two-hundred day moving average price is $19.17. The company has a current ratio of 1.17, a quick ratio of 0.93 and a debt-to-equity ratio of 1.50. The stock has a market capitalization of $71.21 billion, a P/E ratio of 14.08, a P/E/G ratio of 1.17 and a beta of 0.55.

Energy Transfer (NYSE:ET) last released its earnings results on Tuesday, August 4th. The pipeline company reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.21. Energy Transfer had a return on equity of 11.71% and a net margin of 4.87%.The business had revenue of $34.33 billion during the quarter, compared to the consensus estimate of $27.71 billion. During the same period last year, the business posted $0.32 earnings per share. The business’s revenue for the quarter was up 78.4% on a year-over-year basis. As a group, research analysts expect that Energy Transfer LP will post 1.44 earnings per share for the current fiscal year.

Energy Transfer Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Friday, August 7th will be issued a dividend of $0.34 per share. The ex-dividend date of this dividend is Friday, August 7th. This is a positive change from Energy Transfer’s previous quarterly dividend of $0.34. This represents a $1.36 annualized dividend and a dividend yield of 6.6%. Energy Transfer’s payout ratio is presently 112.50%.

Hedge Funds Weigh In On Energy Transfer

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Texas Yale Capital Corp. lifted its holdings in Energy Transfer by 6.1% in the fourth quarter. Texas Yale Capital Corp. now owns 1,311,965 shares of the pipeline company’s stock worth $21,634,000 after buying an additional 75,700 shares during the period. North Star Investment Management Corp. boosted its stake in Energy Transfer by 100.1% in the 4th quarter. North Star Investment Management Corp. now owns 161,523 shares of the pipeline company’s stock worth $2,664,000 after purchasing an additional 80,786 shares in the last quarter. Summit Securities Group LLC raised its holdings in Energy Transfer by 179.0% in the first quarter. Summit Securities Group LLC now owns 162,100 shares of the pipeline company’s stock worth $3,129,000 after buying an additional 104,000 shares during the last quarter. U.S. Capital Wealth Advisors LLC grew its holdings in shares of Energy Transfer by 9.1% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 1,560,110 shares of the pipeline company’s stock valued at $25,726,000 after buying an additional 129,489 shares during the last quarter. Finally, Mizuho Markets Americas LLC bought a new stake in shares of Energy Transfer during the first quarter valued at approximately $61,760,000. Hedge funds and other institutional investors own 38.22% of the company’s stock.

Energy Transfer Company Profile

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.