Energy Transfer LP
ETNYSE
$20.32
↑ +0.6%Jul 17 close · end-of-day
Price
1Y↑ +25.5%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
—
Enterprise Value
—
P/E
—
P/S
—
P/B
—
EV/EBITDA
—
PEG
—
FCF Yield
—
Dividend Yield
—
Revenue (TTM)
$92.3B
Net Income (TTM)
$4.4B
Free Cash Flow (TTM)
—
Gross Margin
—
Operating Margin
10.3%
Net Margin
4.7%
ROE
8.8%
ROIC
6.3%
Debt / Equity
1.4
Net Cash
-$69.3B
Return 1Y
+24.8%
Company profile
Energy Transfer LP provides energy-related services. The company owns and operates approximately 11,600 miles of natural gas transportation pipeline, and three natural gas storage facilities in Texas. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users.
- CEO
- Marshall S. McCrea
- Sector
- Transportation, Communications, Electric, Gas, And Sanitary Services
- Industry
- Utilities
- Employees
- 12,600
- Headquarters
- Texas
- Website
- energytransfer.com
Management & directors
- Bramhall DylanEVP & Group CFO
- Long Thomas ECo-CEO
- Mcilwain Gregory G.EVP - Operations
- Sturrock TroySVP & Controller
- Wright James M.EVP, GC & CCO
Roles derived from SEC Form 4 filings.
Earnings
ET Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$27.8B↑ +32.1%
Diluted EPS——
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $39.0B | $67.4B | $89.9B | $78.6B | $82.7B | $85.5B |
| Gross profit | — | — | — | — | — | — |
| Operating income | $3.0B | $8.8B | $7.7B | $8.3B | $9.1B | $9.0B |
| Net income | -$648.0M | $5.5B | $4.8B | $3.9B | $4.8B | $4.4B |
| Diluted EPS | — | — | — | — | — | — |
| Operating cash flow | $7.4B | $11.2B | $9.1B | $9.6B | $11.5B | $10.1B |
| Free cash flow | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — |
| Operating margin | 7.7% | 13.0% | 8.6% | 10.6% | 11.1% | 10.6% |
| Net margin | -1.7% | 8.1% | 5.3% | 5.0% | 5.8% | 5.2% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $20.7B | $20.8B | $19.5B | $21.0B | $19.2B | $20.0B | $25.3B | $27.8B |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $2.3B | $2.2B | $2.3B | $2.5B | $2.3B | $2.2B | $2.1B | $3.0B |
| Net income | $1.3B | $1.2B | $1.1B | $1.3B | $1.2B | $1.0B | $928.0M | $1.3B |
| Diluted EPS | — | — | — | — | — | — | — | — |
| Operating cash flow | $2.3B | $2.9B | $2.6B | $2.9B | $2.8B | $2.6B | $1.9B | $3.4B |
| Free cash flow | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 11.1% | 10.5% | 11.7% | 11.9% | 12.0% | 10.8% | 8.2% | 10.7% |
| Net margin | 6.3% | 5.7% | 5.5% | 6.3% | 6.0% | 5.1% | 3.7% | 4.5% |
Company news
Jul 20, 2026
Jul 19, 2026
Jul 17, 2026
Jul 16, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-05-08 | WARREN KELCY L | Award | 1,109,279 | $19.83 | $22.0M | filing |
| 2026-01-02 | Grimm Michael K | Award | 7,423 | $0.00 | $0.00 | filing |
| 2026-01-02 | Ramsey Matthew S. | Award | 7,423 | $0.00 | $0.00 | filing |
| 2026-01-02 | Perry James Richard | Award | 7,423 | $0.00 | $0.00 | filing |
| 2026-01-02 | MCREYNOLDS JOHN W | Award | 7,423 | $0.00 | $0.00 | filing |
| 2026-01-02 | Anderson Steven R. | Award | 7,423 | $0.00 | $0.00 | filing |
| 2025-12-29 | Perry James Richard | Gift | 10 | $0.00 | $0.00 | filing |
| 2025-12-29 | Grimm Michael K | Gift | 10 | $0.00 | $0.00 | filing |
| 2025-12-29 | Anderson Steven R. | Gift | 10 | $0.00 | $0.00 | filing |
| 2025-12-05 | Long Thomas E· Co-CEO | Tax withholding | 330,637 | $16.60 | $5.5M | filing |
| 2025-12-05 | Bramhall Dylan· EVP & Group CFO | Tax withholding | 47,251 | $16.60 | $784,366.60 | filing |
| 2025-12-05 | Wright James M.· EVP, GC & CCO | Tax withholding | 46,534 | $16.60 | $772,464.40 | filing |
| 2025-12-05 | McIlwain Gregory G.· EVP - Operations | Tax withholding | 46,255 | $16.60 | $767,833.00 | filing |
| 2025-12-05 | Sturrock Troy· SVP & Controller | Tax withholding | 22,745 | $16.60 | $377,567.00 | filing |
| 2025-12-05 | Long Thomas E· Co-CEO | Award | 704,438 | $0.00 | $0.00 | filing |
| 2025-12-05 | Sturrock Troy· SVP & Controller | Award | 56,775 | $0.00 | $0.00 | filing |
| 2025-12-05 | Bramhall Dylan· EVP & Group CFO | Award | 200,438 | $0.00 | $0.00 | filing |
| 2025-12-05 | Wright James M.· EVP, GC & CCO | Award | 180,375 | $0.00 | $0.00 | filing |
| 2025-11-20 | WARREN KELCY L | Buy | 1,000,000 | $16.81 | $16.8M | filing |
| 2025-11-19 | WARREN KELCY L | Buy | 1,000,000 | $16.95 | $16.9M | filing |
| 2025-08-20 | WARREN KELCY L | Buy | 1,350,000 | $17.36 | $23.4M | filing |
| 2025-08-19 | WARREN KELCY L | Buy | 650,000 | $17.30 | $11.2M | filing |
Latest 22 transactions.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.