Energy Transfer LP

Energy Transfer LP

ET
Energy Transfer LPUS flagNew York Stock Exchange
19.33
USD
+0.28
- -
66.52BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
43.09
50.86
33.96
30.41
37.58
37.99
20.63
14.45
24.66
29.12
24.86
24.35
24.92
26.87
Basic EPS, GAAP
0.17
0.58
1.12
0.95
0.88
1.23
1.34
-0.24
2
1.54
1.24
1.42
1.29
1.27
Free Cash Flow per Basic Share
2.16
2.9
2.8
3.18
4.11
5.27
3.07
2.73
4.08
2.93
3.02
3.39
2.96
3.09
Dividend per Share
0.65
0.75
1.03
0.98
0.94
1.18
1.16
1.04
0.69
0.99
1.34
1.36
1.38
1.39
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
7.24
8.11
10.08
10.77
17.73
14.37
8.89
8.91
11.61
10.75
10.9
10.77
10.59
10.8
Basic Weighted Avg Shares
1,122
1,095
1,063
1,046
1,078
1,424
2,628
2,696
2,734
3,087
3,162
3,395
3,433
3,435
Sales/Revenue/Turnover
48,335
55,691
36,096
31,792
40,523
54,087
54,213
38,954
67,417
89,876
78,586
82,671
85,536
92,287
Operating Margin (%)
4.29
5.1
7.28
9.09
9.28
10.79
13.42
15.04
13.07
9.04
10.57
11.12
10.89
10.62
Depreciation Expense
1,313
1,724
1,951
2,216
2,554
2,859
3,147
3,678
3,817
4,164
4,385
5,165
5,682
5,898
Net Income, GAAP
196
633
1,189
995
954
1,749
3,518
-648
5,470
4,756
3,935
4,814
4,433
4,364
Effective Tax Rate (%)
24.8
25.19
- -
- -
- -
0.11
3.88
62.86
2.68
3.36
5.41
7.61
5.78
6.93
Profit Margin (%)
0.41
1.14
3.29
3.13
2.35
3.23
6.49
-1.66
8.11
5.29
5.01
5.82
5.18
4.73
Working Capital
36
-544
500
-378
2,786
-2,560
-260
394
-298
1,713
1,156
1,546
3,278
3,220
LT Debt
22,562
29,477
36,837
42,858
43,671
43,373
51,929
52,254
49,836
49,058
52,158
60,482
69,823
70,886
Total Equity
16,279
22,329
23,613
22,446
30,001
31,349
34,677
32,150
40,128
41,152
44,717
46,434
49,260
49,989
Return on Invested Capital (%)
3.97
4.57
- -
- -
- -
7.67
8.5
2.53
9.75
8.63
8.3
8.23
7.7
7.99
Return on Capital (%)
2.66
2.58
- -
- -
- -
3.23
7.32
-0.87
10.31
10.07
8.46
8.94
8.2
7.73
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
75
270
220
LT Borrowings
63,096
68,308
69,317
LT Finance Leases
803
1,515
1,569
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,433
3,440
3,441
Market Capitalization
58,868
56,608
66,298

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
17,442
18,233
22,263
Cash, Cash Equivalents & STI
3,574
1,272
951
Accounts Receivable, Net
9,886
11,275
15,686
Inventories
3,269
4,770
4,645
Total Current Liabilities
12,410
14,955
19,043
Payables & Accruals
12,320
12,924
18,787
ST Debt
75
270
220
Deferred Revenue
- -
709
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.25%
9.19%
6.09%
Free Cash Flow
15.99%
9.39%
-11.79%
Net Income, GAAP
-91.44%
-192%
-7.91%
Sales/Revenue/Turnover
12.36%
20.5%
3.47%
Total Cash Common Dividend
21.16%
15.77%
2.21%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
21,629
20,729
20,772
19,541
82,671
2025
21,020
19,242
19,954
25,320
85,536
2026
27,771
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.37
0.39
0.35
0.31
1.42
2025
0.39
0.34
0.3
0.27
1.29
2026
0.36
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.33
0.36
0.32
0.35
1.36
2025
0.33
0.36
0.33
0.36
1.38
2026
0.34
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Marshall S. McCrea
Full Time Employees
16,248
Sector
Energy
Industry
Oil & Gas Midstream
Address
8111 Westchester Drive Dallas TX United States of America 75225
IPO Date
Feb 3, 2006
Business
Energy Transfer LP (NYSE: ET), founded in 1996 and headquartered in Dallas, Texas, owns and operates one of the largest and most diversified portfolios of energy assets in the United States with more than 125,000 miles of pipelines for natural gas, crude oil, natural gas liquids (NGLs), refined products, and liquefied natural gas (LNG). The master limited partnership provides midstream services including interstate and intrastate natural gas transportation and transmission pipelines; natural gas gathering, compression, processing, treating, and conditioning facilities; crude oil, NGL, and refined products gathering, transportation, storage, and terminalling; NGL fractionation, storage, and export terminaling; refined products marketing and wholesale power trading; carbon dioxide and hydrogen sulfide removal services; and water gathering and transportation for natural gas producers, primarily across major U.S. producing basins in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, Montana, North Dakota, Wyoming, Louisiana, and South Texas. It holds controlling interests in Sunoco LP (fuel distribution and marketing), a 46% non-economic general partner interest in USA Compression Partners LP (compression services), and 100% of Lake Charles LNG (import terminal and regasification facility near Lake Charles, Louisiana); key pipeline ownership includes 100% of Trunkline, Transwestern, Panhandle Eastern, Sea Robin, Revolution, and Mariner East pipelines, 50% of Florida Gas Transmission, 32.6% of Rover, 60% of Bayou Bridge, and 36.4% of Dakota Access and Energy Transfer Crude Oil pipelines. Recent developments include the July 2024 acquisition of WTG Midstream following earlier deals for Lotus Midstream (May 2023) and Crestwood Equity Partners (November 2023, valued at $7.1 billion); a joint venture with Sunoco LP to combine crude oil and produced water gathering assets in the Permian Basin; completion of organic growth projects such as the Badger processing plant relocation, Nederland Flexport NGL expansion, first of eight 10-megawatt natural gas power plants, and September 2025 expansion of Price River Terminal in Utah to double export capacity; a December 2024 20-year LNG sale and purchase agreement for 2.0 million tonnes per annum; long-term natural gas supply agreements including with Chevron for Lake Charles LNG and Oracle for AI data centers; and $4.6 billion in growth capital expenditures for 2025 targeting projects like Mustang Draw II processing plant, Hugh Brinson Pipeline Phase II, Bethel storage expansion, Desert Southwest expansion, and potential final investment decision on Lake Charles LNG export facility.

Company News

APIChatGPT
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