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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.
Previous close
$21.50
+$0.065 · +0.30%
Regular session · ET · Market data may be delayed.
AI-powered factor overview
GoAI Score
Buy
Favorable setup — positive multi-factor alignment
Valuation
85
Deep Value
Sentiment
60
Mixed
Risk
14
Low Risk
Momentum
50
Neutral
Full GoAI research
Thesis, catalysts, evidence, and risk analysis.
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.
Day range
Current $21.50
52-week range
Current $21.50
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 82.63B USD | 82.67B USD | 78.59B USD | 89.88B USD | 67.42B USD |
| Cost of goods sold | 64.62B USD | 66.98B USD | 64.79B USD | 76.57B USD | 53.97B USD |
| Gross profit | 18.01B USD | 15.69B USD | 13.8B USD | 13.31B USD | 13.45B USD |
| Selling, general, and administrative | 1.02B USD | 1.34B USD | 1.11B USD | 1.02B USD | 818M USD |
| Operating expenses | 8.57B USD | 6.55B USD | 5.51B USD | 5.57B USD | 4.66B USD |
| Interest expense | 3.32B USD | 3.13B USD | 2.58B USD | 2.31B USD | 2.27B USD |
| Depreciation and amortization | 5.32B USD | 5.17B USD | 4.39B USD | 4.16B USD | 3.82B USD |
| Operating income | 9.44B USD | 9.14B USD | 8.3B USD | 7.74B USD | 8.79B USD |
| Net income | 4.9B USD | 4.81B USD | 3.94B USD | 4.76B USD | 5.47B USD |
Company facts updated Sep 5, 2026.
Recent quarterly results
Recent quarterly results
Third-party consensus; not a GoAI recommendation.
Average target
$23.00
6.98% upsideCash distributions grouped by calendar year; partial years are marked.
$1.315
2025 complete year+115.6% since 2021
2026 partial: $1.0125
$0.61
2,021
$0.87
2,022
$1.235
2,023
$1.275
2,024
$1.315
2,025
$1.0125
2,026*
* Partial calendar year in the available dividend history.
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
Dividend | Aug 7, 2026 | $0.34Quarterly | Aug 7, 2026 | Aug 19, 2026 |
Dividend | May 8, 2026 | $0.3375Quarterly | May 8, 2026 | May 20, 2026 |
Dividend | Feb 6, 2026 | $0.335Quarterly | Feb 6, 2026 | Feb 19, 2026 |
Dividend | Nov 7, 2025 | $0.3325Quarterly | Nov 7, 2025 | Nov 19, 2025 |
Dividend | Aug 8, 2025 | $0.33Quarterly | Aug 8, 2025 | Aug 19, 2025 |
Dividend | May 9, 2025 | $0.3275Quarterly | May 9, 2025 | May 20, 2025 |
Ex-dividend Aug 7, 2026
$0.34
Quarterly
Record Aug 7, 2026 · Payment Aug 19, 2026
Ex-dividend May 8, 2026
$0.3375
Quarterly
Record May 8, 2026 · Payment May 20, 2026
Ex-dividend Feb 6, 2026
$0.335
Quarterly
Record Feb 6, 2026 · Payment Feb 19, 2026
Ex-dividend Nov 7, 2025
$0.3325
Quarterly
Record Nov 7, 2025 · Payment Nov 19, 2025
Ex-dividend Aug 8, 2025
$0.33
Quarterly
Record Aug 8, 2025 · Payment Aug 19, 2025
Ex-dividend May 9, 2025
$0.3275
Quarterly
Record May 9, 2025 · Payment May 20, 2025
Funds reporting this stock among their holdings, ordered by reported position size.
Alerian MLP ETFAMLP1.87B12.62%13.54B USD1.01%$55.72+0.54%
Global X - MLP ETFMLPA369.49M15.44%2.38B USD0.77%$57.20+0.25%
First Trust North American Energy Infrastructure FundEMLP319.54M7.62%4.26B USD0.95%$44.14-0.20%
Global X - MLP & Energy Infrastructure ETFMLPX166.32M4.52%3.68B USD0.45%$75.61-0.25%
InfraCap MLP ETFAMZA82.93M16.94%495.02M USD1.72%$50.63-0.24%
FT Energy Income Partners Enhanced Income ETFEIPI75.53M6.82%1.11B USD1.11%$22.83-0.13%
Alerian Energy Infrastructure ETFENFR45.76M8.39%549.56M USD0.35%$39.905-0.31%
MLP & Energy Infrastructure High Income ETFMLPI45.62M4.86%934.2M USD0.68%$54.630.00%Alerian MLP ETFAMLPGlobal X - MLP ETFMLPAFirst Trust North American Energy Infrastructure FundEMLPGlobal X - MLP & Energy Infrastructure ETFMLPXInfraCap MLP ETFAMZAFT Energy Income Partners Enhanced Income ETFEIPIAlerian Energy Infrastructure ETFENFRMLP & Energy Infrastructure High Income ETFMLPIAI-generated and delayed market data for informational and educational purposes only. Not investment advice.
Regular session · ET · Market data may be delayed.
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.
Day range
Current $21.50
52-week range
Current $21.50
