Full-Time
Operates energy transport and storage network
No salary listed
Stanton, TX, USA
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Energy Transfer Partners manages a vast network of over 125,000 miles of pipelines and infrastructure used to transport and store natural gas, crude oil, and refined products across 44 states. The company moves energy from production basins to refineries and end-users through a system of pipes, storage facilities, and export terminals, earning revenue primarily through service fees. Unlike many competitors, it maintains a highly diversified portfolio that covers every major U.S. production basin and includes significant interests in retail and compression services. Its goal is to provide a comprehensive midstream network that facilitates the efficient movement of energy products to meet domestic and international demand.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Dallas, Texas
Founded
1995
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Energy Transfer (NYSE:ET) trading down 2.6% - should you sell? August 7, 2026 Key points. * Energy Transfer shares fell 2.6% to about $20.14 in mid-day trading, despite the stock trading above both its 50-day and 200-day moving averages. * The company reported strong second-quarter results, including $0.59 in EPS versus the $0.38 consensus estimate and revenue growth of 78.4% year over year. It declared a quarterly distribution of $0.34 per unit, equivalent to a roughly 6.8% annualized yield. * Analyst sentiment remains favorable, with a consensus "Buy" rating and a $23.67 price target. Growth prospects include rising NGL exports and infrastructure utilization, though weakness in natural-gas prices remains a potential risk. * Five stocks we like better than Energy Transfer. Energy Transfer LP (NYSE:ET - Get Free Report)'s share price traded down 2.6% during mid-day trading on Friday. The stock traded as low as $20.11 and last traded at $20.1360. 11,075,029 shares were traded during mid-day trading, a decline of 18% from the average session volume of 13,574,123 shares. The stock had previously closed at $20.67. Key headlines impacting Energy Transfer. Here are the key news stories impacting Energy Transfer this week: * Positive Sentiment: Strong second-quarter results and higher distribution: Energy Transfer reported second-quarter 2026 sales of $34.33 billion and net income of $2.09 billion, while earnings per unit exceeded expectations. The partnership also raised its quarterly cash distribution to $0.34 per common unit, reinforcing its income appeal. Did Strong Q2 Results and a Higher Payout Just Shift Energy Transfer's Investment Narrative? * Positive Sentiment: Growth outlook remains constructive: Analysts point to rising NGL exports, high pipeline and fractionator utilization, multi-year export commitments, and an accelerated capital-spending program as drivers of future EBITDA and distribution growth. Management continues to target roughly 3%-5% annual distribution growth while maintaining leverage near 4.0-4.5 times EBITDA. Energy Transfer Is Now Finally Firing on All Growth Cylinders * Positive Sentiment: Value and income appeal: Zacks identified ET as a highly ranked value stock, while other coverage emphasized its approximately 6.6% distribution yield and improving profits. The combination of valuation support, cash income, and recent earnings beats could attract yield-focused investors. Energy Transfer Is a Top-Ranked Value Stock * Negative Sentiment: Natural-gas market weakness: Natural-gas futures fell after a larger-than-expected storage build. Lower commodity prices can weigh on sentiment toward energy companies, although Energy Transfer's fee-based pipeline, storage, and NGL businesses help reduce its direct exposure to gas-price volatility. Nat-Gas Prices Tumble on a Larger-Than-Expected Storage Build Analysts set new price targets. Several equities analysts recently commented on the stock. Weiss Ratings reiterated a "buy (b)" rating on shares of Energy Transfer in a research note on Friday, June 5th. Stifel Nicolaus boosted their price objective on shares of Energy Transfer from $23.00 to $25.00 and gave the stock a "buy" rating in a report on Wednesday, May 6th. UBS Group reaffirmed a "buy" rating on shares of Energy Transfer in a research report on Tuesday, May 12th. Jefferies Financial Group reiterated a "buy" rating on shares of Energy Transfer in a research note on Wednesday. Finally, Scotiabank restated an "outperform" rating on shares of Energy Transfer in a research note on Tuesday, May 12th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $23.67. Discover more Dividend Screener Tool Stock Profit Calculator Cryptocurrency News Energy Transfer price performance. The stock has a market cap of $69.29 billion, a P/E ratio of 13.70, a price-to-earnings-growth ratio of 2.11 and a beta of 0.55. 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 company's fifty day simple moving average is $19.61 and its 200-day simple moving average is $19.20. Energy Transfer (NYSE:ET - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The pipeline company reported $0.59 EPS for the quarter, topping analysts' consensus estimates of $0.38 by $0.21. Energy Transfer had a net margin of 4.87% and a return on equity of 11.71%. The company 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 firm earned $0.32 EPS. The firm's revenue for the quarter was up 78.4% compared to the same quarter last year. As a group, sell-side analysts forecast that Energy Transfer LP will post 1.44 EPS for the current year. Energy Transfer increases dividend. The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Friday, August 7th will be given a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 6.8%. This is a boost from Energy Transfer's previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Friday, August 7th. Energy Transfer's dividend payout ratio (DPR) is currently 92.52%. Institutional investors weigh in on Energy Transfer. A number of institutional investors have recently added to or reduced their stakes in ET. BlackRock Inc. grew its stake in shares of Energy Transfer by 0.4% in the 2nd quarter. BlackRock Inc. now owns 4,017,925 shares of the pipeline company's stock valued at $76,823,000 after purchasing an additional 16,926 shares during the period. Perigon Wealth Management LLC lifted its position in shares of Energy Transfer by 4.3% during the 2nd quarter. Perigon Wealth Management LLC now owns 54,676 shares of the pipeline company's stock worth $1,045,000 after buying an additional 2,256 shares during the period. OneDigital Investment Advisors LLC lifted its position in shares of Energy Transfer by 6.3% during the 2nd quarter. OneDigital Investment Advisors LLC now owns 19,277 shares of the pipeline company's stock worth $369,000 after buying an additional 1,150 shares during the period. Simplicity Wealth LLC acquired a new stake in Energy Transfer in the 2nd quarter valued at $438,000. Finally, Continuum Advisory LLC acquired a new stake in Energy Transfer in the 2nd quarter valued at $63,000. 38.22% of the stock is owned by institutional investors and hedge funds. About Energy Transfer. 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. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider Energy Transfer, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Energy Transfer wasn't on the list. While Energy Transfer currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys. The AI boom extends far beyond the biggest tech names. Discover 10 companies supplying the memory, storage, networking, semiconductor manufacturing, and power infrastructure that make AI possible. Learn where the next wave of AI investment opportunities may emerge - and the key risks investors should watch as the global AI buildout accelerates.
Energy Transfer's Blue Marlin pipeline plan across Sabine Lake draws scrutiny. by Kynedei Hobbs Wed, August 5, 2026 at 9:06 PM Updated Thu, August 6, 2026 at 11:17 AM 00:00 01:50 Screenshot 2026-08-05 210139.png A proposed offshore oil export project tied to a new pipeline route across Sabine Lake is moving forward in Southeast Texas, setting up a clash between promised economic benefits and concerns about the environmental consequences of a spill. Energy Transfer wants to build new pipeline infrastructure connected to its Blue Marlin Offshore Port project. The company says the offshore port would function like an offshore gas station, allowing larger ships to load crude oil offshore rather than relying on smaller vessels to move oil from Port Arthur to larger tankers. "This would relieve some of those emissions on shore with it happening offshore," said Cassidy Lamb of Energy Transfer. Energy Transfer says the project would rely in part on existing pipeline infrastructure, with new pipeline added to reach the offshore port. The company says it has conducted environmental surveys and studies and plans to closely monitor the pipeline. "We monitor our assets 24-7, and so there's not a day that goes by that someone isn't looking at our assets," Lamb said. Opponents argue the risks to Sabine Lake and surrounding waters are too great. John Beard Jr., founder and CEO of the Port Arthur Community Action Network, said the potential impact on marine life, fishing and recreation outweighs what he believes would be limited economic benefits. "One gallon of crude oil will spoil over 25,000 gallons of water," Beard said. Beard continued, " But first and foremost if we're going to talk about those things about spills and accidents and emergency response, that should be a trigger to tell you that there's something imminently dangerous about this to begin with. And therefore, because of a sensitive environmental area and the impact on people and lives and health, it should not be approved." Beard said even a small pipeline leak could have serious consequences, particularly during a hurricane or major storm. "Or even just a major accident is going to have a devastating effect on the coastal ecosystem and the livelihood of people who live in lakes of being and on the Gulf Coast," he said. Energy Transfer says the project would create construction and permanent jobs, but it did not provide numbers. The company also says the project would boost the economy through property taxes. The project still must receive federal approval. If it gets the necessary approvals, Energy Transfer says construction could begin soon, with the project going online in about three-and-a-half years. SPONSORED CONTENT MORE TO EXPLORE
Pipeline owners race to build capacity as AI power demand jumps. August 5, 2026 EnergyNow Media US pipeline operators are racing to expand their capacity to help power new data centers. Energy Transfer LP is developing pipeline projects to meet rising demand for gas-fired electricity, Co-Chief Executive Officer Thomas Long said during a call with analysts on Tuesday. The company expects to announce more details in coming months. Get the Latest Canadian Focused Energy News Delivered to You! It's FREE: Quick Sign-Up Here Meanwhile, Williams Cos. has more than $2 billion available in its Power Innovation unit to fund near-term investments, Chief Financial Officer John Porter told investors. The companies that artificial intelligence developers are counting on to electrify digital warehouses appear undaunted by concerns about order backlogs for gas turbines and permitting delays. "We're just not seeing the slowdown," said Adam Arthur, an executive vice president at Energy Transfer. The bullish outlooks come a day after Williams agreed to purchase Momentum Midstream in a $5.5 billion deal that will expand the pipeline titan's presence in data-center power generation and US gas exports. Oneok Inc., for its part, announced an agreement to supply gas to an unidentified power plant and said more AI-related deals are in the works. Share This:
Leon Cooperman's Omega Advisors holds three prominent positions, each requiring a different investment approach, according to recent analysis. Vertiv Holdings trades at 52 times forward earnings following an 88% year-to-date surge. The AI data centre equipment maker posted first-quarter revenue of $2.65 billion, up 30.1%, and raised full-year guidance. However, its record $15 billion backlog appears priced in at current multiples. Energy Transfer yields 6.65% and has secured Oracle AI gas contracts, positioning it as the most compelling option at $19.91. Rocket Companies saw first-quarter revenue jump 167% after integrating Mr. Cooper and Redfin. The firm expects to achieve its $400 million synergy target by end of 2026, one year ahead of schedule, though the investment case remains dependent on interest rate movements.
DALLAS --(BUSINESS WIRE)--Jul. 6, 2026-- Energy Transfer LP (NYSE: ET) today announced the pricing of its offering of $650,000,000 aggregate principal amount of Series 2026A junior subordinated notes due 2057 (the “Series 2026A notes”) and $1,100,000,000 aggregate principal amount of Series 2026B