Q3 EPS Estimate for Energy Transfer Increased by Analyst

Energy Transfer LP (NYSE:ET) – Investment analysts at US Capital Advisors increased their Q3 2026 earnings estimates for shares of Energy Transfer in a note issued to investors on Thursday, August 20th. US Capital Advisors analyst J. Carreker now expects that the pipeline company will post earnings per share of $0.35 for the quarter, up from their previous forecast of $0.33. The consensus estimate for Energy Transfer’s current full-year earnings is $1.63 per share. US Capital Advisors also issued estimates for Energy Transfer’s Q4 2026 earnings at $0.38 EPS, Q1 2027 earnings at $0.38 EPS, Q2 2027 earnings at $0.39 EPS, Q3 2027 earnings at $0.40 EPS, Q4 2027 earnings at $0.42 EPS, FY2027 earnings at $1.59 EPS and FY2028 earnings at $1.62 EPS.

Several other analysts also recently issued reports on ET. TD Cowen reissued a “buy” rating and set a $25.00 target price (up from $24.00) on shares of Energy Transfer in a research note on Monday, August 10th. Scotiabank reaffirmed an “outperform” rating on shares of Energy Transfer in a report on Tuesday, May 12th. Zacks Research cut shares of Energy Transfer from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 11th. Jefferies Financial Group reissued a “buy” rating on shares of Energy Transfer in a report on Wednesday, August 5th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $23.00 target price (up from $21.00) on shares of Energy Transfer in a research report on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $24.08.

Energy Transfer Price Performance

Shares of Energy Transfer stock opened at $21.18 on Friday. The company has a market capitalization of $72.93 billion, a price-to-earnings ratio of 14.41, a PEG ratio of 0.75 and a beta of 0.55. The company has a quick ratio of 0.94, a current ratio of 1.16 and a debt-to-equity ratio of 1.45. The stock’s 50-day simple moving average is $19.93 and its 200-day simple moving average is $19.41. Energy Transfer has a 52 week low of $16.18 and a 52 week high of $21.64.

Energy Transfer (NYSE:ET) last issued its earnings results on Tuesday, August 4th. The pipeline company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.21. The company had revenue of $34.33 billion during the quarter, compared to the consensus estimate of $27.71 billion. Energy Transfer had a net margin of 4.87% and a return on equity of 11.55%. Energy Transfer’s quarterly revenue was up 78.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.32 EPS.

Energy Transfer Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Shareholders of record on Friday, August 7th were paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 6.4%. The ex-dividend date of this dividend was Friday, August 7th. This is a positive change from Energy Transfer’s previous quarterly dividend of $0.34. Energy Transfer’s dividend payout ratio is presently 92.52%.

Insider Activity at Energy Transfer

In other Energy Transfer news, Director James Richard Perry purchased 12,359 shares of Energy Transfer stock in a transaction that occurred on Friday, August 7th. The shares were bought at an average price of $20.23 per share, for a total transaction of $250,022.57. Following the completion of the transaction, the director owned 208,046 shares of the company’s stock, valued at approximately $4,208,770.58. This trade represents a 6.32% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Kelcy L. Warren purchased 647,968 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were acquired at an average cost of $21.26 per share, for a total transaction of $13,775,799.68. Following the purchase, the director owned 147,901,879 shares of the company’s stock, valued at $3,144,393,947.54. This represents a 0.44% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 1,012,359 shares of company stock worth $21,513,543 over the last ninety days. Insiders own 3.28% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Arrow Investment Advisors LLC grew its position in Energy Transfer by 4.9% during the 2nd quarter. Arrow Investment Advisors LLC now owns 10,866 shares of the pipeline company’s stock worth $208,000 after purchasing an additional 505 shares during the period. Argent Trust Co grew its holdings in Energy Transfer by 2.1% during the second quarter. Argent Trust Co now owns 26,035 shares of the pipeline company’s stock worth $498,000 after acquiring an additional 529 shares during the period. State of Wyoming grew its holdings in Energy Transfer by 2.5% during the second quarter. State of Wyoming now owns 22,822 shares of the pipeline company’s stock worth $436,000 after acquiring an additional 548 shares during the period. Keybank National Association OH raised its position in Energy Transfer by 0.3% during the first quarter. Keybank National Association OH now owns 219,232 shares of the pipeline company’s stock valued at $4,231,000 after acquiring an additional 556 shares in the last quarter. Finally, Mountain Capital Investment Advisors Inc. lifted its holdings in Energy Transfer by 4.9% in the fourth quarter. Mountain Capital Investment Advisors Inc. now owns 12,007 shares of the pipeline company’s stock valued at $216,000 after acquiring an additional 560 shares during the period. Institutional investors own 38.22% of the company’s stock.

Energy Transfer News Summary

Here are the key news stories impacting Energy Transfer this week:

• Positive Sentiment: US Capital Advisors raised EPS estimates across 2026-2028. Forecasts increased for Q3 and Q4 2026, all four quarters of 2027, FY2027 and FY2028. FY2027 EPS was lifted to $1.59 from $1.45, while FY2028 EPS rose to $1.62 from $1.48. The revisions suggest improving confidence in Energy Transfer’s operating performance and support the stock’s bullish momentum. Energy Transfer analyst estimates
• Positive Sentiment: Director Kelcy Warren purchased 1 million shares for approximately $21.3 million. The purchases on August 18 and 19 increased his already large stake by about 0.68%, a notable signal of insider confidence in ET’s valuation and outlook. SEC insider ownership filing
• Positive Sentiment: Recent commentary highlighted Energy Transfer’s 6.3%-plus annualized distribution yield, strong distributable cash flow growth, more than 2.2-times distribution coverage and raised 2026 EBITDA guidance of $18.8 billion to $19.1 billion. These factors reinforce ET’s appeal to income-focused investors. Energy Transfer cash flow and dividend outlook
• Neutral Sentiment: ET is trading above its 50-day and 200-day moving averages and close to its 52-week high. While this confirms strong momentum, it may also leave less room for near-term gains unless earnings and cash-flow growth continue to exceed expectations.
• Negative Sentiment: Energy Transfer’s high distribution payout ratio and broader sensitivity to energy-sector sentiment remain risks. Cooler weather forecasts have pressured natural-gas prices, although ET’s largely fee-based midstream model limits its direct commodity exposure.

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.