Energy Transfer LP (NYSE:ET – Get Free Report) Director Kelcy Warren acquired 352,032 shares of Energy Transfer stock in a transaction that occurred on Tuesday, August 18th. The stock was bought at an average price of $21.27 per share, for a total transaction of $7,487,720.64. Following the completion of the acquisition, the director owned 147,253,911 shares in the company, valued at $3,132,090,686.97. This trade represents a 0.24% increase in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.
Energy Transfer Stock Performance
Shares of Energy Transfer stock remained flat at $21.18 on Thursday. 7,978,333 shares of the stock were exchanged, compared to its average volume of 13,324,872. The business has a 50-day simple moving average of $19.89 and a 200 day simple moving average of $19.39. The company has a current ratio of 1.16, a quick ratio of 0.94 and a debt-to-equity ratio of 1.45. Energy Transfer LP has a twelve month low of $16.18 and a twelve month high of $21.64. The stock has a market cap of $72.93 billion, a price-to-earnings ratio of 14.41, a PEG ratio of 0.76 and a beta of 0.55.
Energy Transfer (NYSE:ET – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The pipeline company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.21. The company had revenue of $34.33 billion for the quarter, compared to analysts’ expectations of $27.71 billion. Energy Transfer had a return on equity of 11.55% and a net margin of 4.87%.The firm’s revenue was up 78.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.32 earnings per share. As a group, sell-side analysts predict that Energy Transfer LP will post 1.63 EPS for the current year.
Energy Transfer Increases Dividend
Trending Headlines about Energy Transfer
Here are the key news stories impacting Energy Transfer this week:
- Positive Sentiment: Director Kelcy L. Warren purchased a combined 1,000,000 shares of Energy Transfer on August 18 and 19 for approximately $21.3 million. The purchases increased his ownership by roughly 0.68% and bring his holdings to nearly 147.9 million shares, signaling substantial insider confidence. SEC insider ownership filing
- Positive Sentiment: A bullish investment article highlighted Energy Transfer’s 6.3% yield, 32% year-over-year growth in partner-attributable distributable cash flow, 49% first-half conventional free-cash-flow growth and distribution coverage above 2.2 times. The company also raised 2026 EBITDA guidance to $18.8 billion-$19.1 billion, supporting the outlook for income and cash-flow growth. Energy Transfer: Strong Buy With A Path To 7% Yield On Cost
- Positive Sentiment: An analyst upgrade helped propel ET to a new one-year high, reinforcing the recent bullish momentum around the midstream operator. Energy Transfer Reaches New 1-Year High After Analyst Upgrade
- Neutral Sentiment: Commentary remains broadly favorable toward Energy Transfer as a diversified, fee-based pipeline operator with more than 125,000 miles of infrastructure and a substantial contracted project backlog. However, some valuation reviews describe the shares as attractive on traditional multiples but less compelling under broader valuation checks. Energy Transfer Stock Looks Reasonable On Earnings But Stretched On Broader Checks
- Negative Sentiment: Cooler U.S. weather forecasts pressured natural-gas prices by potentially reducing electricity demand for air conditioning. While Energy Transfer’s largely fee-based model limits direct commodity exposure, weaker gas prices can still affect sentiment toward the sector and certain growth opportunities. Cooler US Weather Forecasts Weigh on Nat-Gas Prices
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the stock. Basepoint Wealth LLC acquired a new stake in Energy Transfer during the 4th quarter worth $25,000. Osbon Capital Management LLC acquired a new stake in shares of Energy Transfer during the second quarter worth about $25,000. Gables Capital Management Inc. lifted its holdings in shares of Energy Transfer by 60.0% in the 4th quarter. Gables Capital Management Inc. now owns 1,600 shares of the pipeline company’s stock valued at $26,000 after purchasing an additional 600 shares during the last quarter. Sarver Vrooman Wealth Advisors purchased a new stake in shares of Energy Transfer in the 4th quarter valued at about $32,000. Finally, Cassaday & Co Wealth Management LLC acquired a new position in Energy Transfer during the first quarter worth approximately $35,000. 38.22% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several equities analysts have recently issued reports on ET shares. Scotiabank reiterated an “outperform” rating on shares of Energy Transfer in a research note on Tuesday, May 12th. JPMorgan Chase & Co. upped their target price on shares of Energy Transfer from $22.00 to $24.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. Citigroup reaffirmed a “buy” rating and issued a $24.00 target price (up from $23.00) on shares of Energy Transfer in a report on Friday, August 7th. Barclays reiterated an “overweight” rating and set a $24.00 price target (up from $23.00) on shares of Energy Transfer in a report on Wednesday, August 5th. Finally, Zacks Research lowered shares of Energy Transfer from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $24.08.
Energy Transfer Company Profile
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.
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