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Energy Transfer LP

TickerETVenueUSSectorEnergyPrimary listingBeta0.57
$20.25+1.84%
FinScore60

Energy Transfer LP is a United States-based company in the Energy sector with a market capitalisation of $69.7B. Its FinScore is 60/100; its highest-scoring layer is Momentum (85) and its lowest is Growth (55). The shares trade at 12.0x trailing earnings and are up 22% year to date.

Market cap
$69.7B
P/E (TTM)
12.0x
Dividend yield (TTM)
6.64%
ROE
16.8%

Share price performance

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About Energy Transfer LP

energytransfer.com

Energy Transfer LP functions as a comprehensive provider of energy infrastructure and associated services. The company operates extensive natural gas networks, including approximately 11,600 miles of intrastate transportation pipelines and an additional 19,830 miles dedicated to interstate transport. Its natural gas storage capabilities encompass three facilities in Texas and another two spanning Texas and Oklahoma. Energy Transfer supplies natural gas to a diverse range of customers, such as electric utilities, independent power producers, local distribution companies, other marketing firms, and various industrial end-users. Beyond transportation, the firm manages substantial infrastructure for gathering, processing, treating, and conditioning natural gas and natural gas liquids (NGLs) across a broad geographic area that includes Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, and Louisiana. This infrastructure also covers natural gas gathering systems in Ohio, and integrated natural gas gathering, oil pipeline, and oil stabilization facilities situated in South Texas. Additionally, the company provides water transport and supply services to natural gas producers in Pennsylvania. In the NGL sector, Energy Transfer possesses approximately 5,215 miles of NGL pipelines, along with facilities for NGL and propane fractionation. Its NGL storage solutions include facilities with a working capacity of around 50 million barrels (MMBbls), supplemented by additional storage assets and terminals totaling about 17 MMBbls. The company is actively involved in the transportation, terminalling, acquisition, and marketing of crude oil, as well as the distribution of refined petroleum products like gasoline, middle distillates, and motor fuels. Complementing these primary operations, Energy Transfer offers specialized services such as natural gas compression, removal of carbon dioxide and hydrogen sulfide, natural gas cooling, dehydration, and British thermal unit (BTU) management. Furthermore, its operations extend to managing coal and other natural resource properties, selling standing timber, leasing coal-related infrastructure, collecting oil and gas royalties, and generating electrical power. Established in 1996 and headquartered in Dallas, Texas, the company officially adopted its current name, Energy Transfer LP, in October 2018, having previously been known as Energy Transfer Equity, L.P.

Profile
Sector
Energy
Industry
Oil & Gas Midstream
HQ
United States
Fiscal year-end
December
Trading currency
USD
Reporting currency
USD
Fundamentals updated
24 days ago
Market
Market cap
$69.7B
Shares outstanding
3.4B
P/E (TTM)
12.0x
Dividend yield (TTM)
6.64%
Beta (issuer)
0.60
Revenue (latest FY)
$82.6B

Revenue breakdown

FY 2024$82.7B
  • Oil and Gas
    30.7%$25.4B
  • Oil and Gas, Refining and Marketing
    26.7%$22.1B
  • NGL sales
    23.1%$19.1B
  • Natural Gas, Midstream
    14.5%$12.0B
  • Natural gas sales
    3.3%$2.7B
  • Product and Service, Other
    1.7%$1.4B

FinScore

As of 2026-10-19
Overall60
Quality58
Growth55
Value58
Momentum85
Relative Strength58

Snapshot

Ownership

As of 2026-06-30
Institutional
32.1%
Insider
0.5%
Free float
85.5%
Top-5 institutional holders
10.8%
Shares outstanding
3.4B
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