Energy Transfer LP (ET) stock
Close on Nov 10, 2026Market cap $66.90BP/E –Yield –
Energy Transfer LP grew revenue 56.1% to $124.53B over the twelve months to Sep 30, 2026. Operating income rose 23.7% to $11.41B, moving the operating margin from 11.6% to 9.2%. Free cash flow was $6.08B, up 17.2% from a year earlier. At the latest close the market valued the company at $66.90B.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $66.90B
- P/E ratio
- –
- Price to sales
- 0.54
- Price to book
- –
- Dividend yield
- –
- Free cash flow yield
- 9.09%
Fundamentals
- Revenue
- $124.53B
- Net income
- $5.48B
- Free cash flow
- $6.08B
Trading
- Next earnings
- Feb 16, 2027 (estimated, before the open)
- Previous close
- $19.09
- Open
- $18.95
- Day's range
- $18.93 – $19.52
- Volume
- 8,369,607
- Average volume (20 days)
- 9,774,706
- Beta (5 years)
- 0.58
- 52-week range
- $16.18 – $21.84
- RSI (14 days)
- 40.9
- Volatility (1 year)
- 18.3%
- Relative volume
- 0.94×
- WACC
- 6.0%
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 10, 2026. The S&P 500 is measured by the SPY fund.
| Period | ET | S&P 500 | Difference | ET per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -4.8% | -3.7% | −1.1 pts | ||
| 3 months | -5.6% | -2.7% | −2.9 pts | ||
| Year to date | +24.2% | +10.8% | +13.3 pts | ||
| 1 year | +22.7% | +11.2% | +11.4 pts | ||
| 3 years | +81.9% | +76.5% | +5.4 pts | +22.1% | +20.8% |
| 5 years | +212.6% | +72.9% | +139.7 pts | +25.6% | +11.6% |
| 10 years | +167.1% | +304.8% | −137.7 pts | +10.3% | +15.0% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
Free cash flow
Press releases
Releases Energy Transfer LP filed with the SEC as exhibits to Form 8-K or 6-K
- News
- Results
- Update
- Results
- News
- Results
About Energy Transfer LP
Natural Gas Transmission
Energy Transfer LP is an energy infrastructure partnership engaged in midstream logistics across natural gas, crude oil, natural gas liquids, and refined products. Its operations include the gathering, compression, treating, processing, transportation, fractionation, and storage of hydrocarbons, along with terminaling, acquisition, and marketing services. Additionally, the company provides liquefied natural gas regasification and holds interests in retail motor fuel distribution and contract compression services. Its customer base includes electric utilities, power plants, industrial end-users, local distribution companies, energy marketers, independent refiners, and integrated oil corporations.
Company profile, executives and historyEnergy Transfer LP stock: common questions
What is Energy Transfer LP's stock price?
ET closed at $19.43 on Nov 10, 2026, up 1.78% on the day. Over the past 52 weeks it traded between $16.18 and $21.84.
What is Energy Transfer LP's market cap?
Energy Transfer LP was worth $66.90B at the close on Nov 10, 2026: the share price times the diluted shares outstanding.
How much revenue does Energy Transfer LP make?
Energy Transfer LP reported revenue of $124.53B for the twelve months to Sep 30, 2026, up 56.1% from a year earlier.
Does Energy Transfer LP pay a dividend?
No. Energy Transfer LP has not paid a cash dividend over the last twelve months.
When does Energy Transfer LP report earnings next?
Energy Transfer LP is expected to report Q4 FY2026 results on Feb 16, 2027, before the open. The date is estimated from its past reporting pattern until the company confirms it.
How has ET stock performed over the past year?
Including dividends, ET returned +22.7% over the past year, against +11.2% for the S&P 500.
How many ET shares are sold short?
24M shares were sold short at the latest FINRA report, 0.79% of the float, or 3.1 days of average trading volume.
Who are Energy Transfer LP's competitors?
Companies most similar to Energy Transfer LP by business, industry and size include EPD, KMI, TRGP, WMB, OKE.
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