profit from every $100 of sales.
$0$100
Energy Transfer LP
$19.09+0.90% today
+16.0% in 1 year
1-year low $16.211-year high $21.73
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $14.83 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Energy Transfer LP sold, what it kept, and what it did with the cash.
Sales went from $89.9 billion in 2022 to $85.5 billion in 2025, with $4.43 billion of profit last year.
SalesProfit
Energy Transfer LP handed back more cash to shareholders than it generated last year.
$4.7B
Free cash flow 2025$3.8B
Bought back its own shares$500M
Paid as dividends$4.7B
Cash vs. debt$1.3B vs. $70.1B
Energy Transfer LP vs. similar companies
Energy Transfer LP grows the fastest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Energy Transfer LP | 14.8× · Cheap | ||
 Enbridge | 19.9× · Fair price | ||
 The Williams Companies | 31.7× · Expensive | ||
 Enterprise Products Partners L.P. | 13.6× · Cheap | ||
 Kinder Morgan | 22.3× · Fair price |
Compare Energy Transfer LP with Canadian Natural Resources · Chevron · Enbridge · EOG Resources · MPLX LP · Exxon Mobil
AI analysis
An AI analyst reads Energy Transfer LP's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 38,954 | 67,417 | 89,876 | 78,586 | 82,671 | 85,536 | |
| – | – | 13,480 | 13,660 | 15,531 | 16,359 | |
| 2,980 | 8,792 | 8,124 | 8,307 | 9,190 | 9,312 | |
| – | – | 12,542 | 12,560 | 15,396 | 15,214 | |
| -648 | 5,470 | 4,756 | 3,935 | 4,814 | 4,433 | |
| – | – | 1.40 | 1.09 | 1.28 | 1.21 | |
| – | – | 15.0% | 17.4% | 18.8% | 19.1% | |
| 7.7% | 13.0% | 9.0% | 10.6% | 11.1% | 10.9% | |
| -1.7% | 8.1% | 5.3% | 5.0% | 5.8% | 5.2% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 95,144 | 105,963 | 105,643 | 113,698 | 125,380 | 141,286 |
| Cash | 367 | 336 | 257 | 161 | 312 | 1,272 |
| Total debt | 52,275 | 50,516 | 49,105 | 53,222 | 60,557 | 70,093 |
| Total liabilities | – | – | 64,491 | 68,981 | 78,946 | 92,026 |
| – | – | 0 | 0 | 0 | 0 | |
| – | – | 3,097 | 3,177 | 3,421 | 3,450 | |
| – | – | 13.5% | 12.1% | 13.3% | 10.7% | |
| – | – | – | – | – | – |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 7,361 | 11,162 | 9,051 | 9,555 | 11,506 | 10,149 | |
| 5,130 | 2,822 | 3,381 | 3,134 | 4,164 | 6,303 | |
| 2,231 | 8,340 | 5,670 | 6,421 | 7,342 | 3,846 | |
| Dividends paid | – | – | 3,047 | 4,248 | 4,623 | 4,725 |
| 0 | 31 | 0 | 0 | 3,466 | 500 | |
| 121 | 111 | 115 | 130 | 151 | 148 |
Valuation
- 15.1×
- 12.1×
- –
- 2.0×
- 0.8×
- 17.4×
- 8.9×
- 5.7%
- 6.6%
- 6.8%
Profitability
- 19.1%
- 10.9%
- 5.2%
- 16.4%
- 11.0%
- 12.7%
- 14.0%
- 3.3%
- 7.7%
- –
Growth
- +17.0%
- –
- −47.6%
- +4.3%
- +3.7%
Financial health
- 4.5×
- 2.06
- 48.2%
- 2.7×
- 1.22
- 0.93
- 0.61
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 30%of 464
Bottom 43%of 463
Top 43%of 384
Top 16%of 457
Top 47%of 456
What analysts expect
- Average price target
- $19.00
- Range
- $19.00 – $19.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 5, 2026 | 0.35 | 0.40 | −12.5% |
| Feb 17, 2026 | 0.25 | 0.37 | −32.9% |
| Nov 5, 2025 | 0.28 | 0.33 | −16.0% |
| Aug 6, 2025 | 0.32 | 0.33 | −2.7% |
| May 6, 2025 | 0.36 | 0.36 | +0.4% |
| Feb 11, 2025 | 0.29 | 0.35 | −17.1% |
| Nov 6, 2024 | 0.32 | 0.34 | −5.9% |
| Aug 7, 2024 | 0.35 | 0.35 | +0.5% |
6.8%of the share price, paid each year
On $1,000 invested$68a year at today's yield, before tax
+4.3%2020 to 2025
Raised4 yearsin a row, in our data
Paid per share, each year
$1.02 in 2015 → $1.32 in 2025
How safe it looks
106.6% of its profit
Room to growStretchedMore than it earns: 122.9%
News
Ur-Energy outlines $26M Lost Creek wastewater spend as MU5 production targets Q1 2027Seeking Alpha · Nov 10, 2026National Energy Services Reunited declares $0.10 dividendSeeking Alpha · Nov 10, 2026Fervo Energy soars as Cape Station's first GeoBlock enters commercial operationSeeking Alpha · Nov 9, 2026Bloom Energy Jumps 8%, FuelCell Energy Rises 3% as Fuel Cell Stocks Rebound; Plug Power Holds Steady Ahead of EarningsYahoo Finance · Nov 9, 2026Constellation Energy Non-GAAP EPS of $5.06 beats by $1.17, revenue of $9.55B beats by $200MSeeking Alpha · Nov 9, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
42No pass
Benjamin Graham
57No pass
Philip Fisher
45No pass
Peter Lynch
50No pass
Joel Greenblatt
40No pass
Charlie Munger
28No pass
Terry Smith
31No pass
Questions about Energy Transfer LP
Is Energy Transfer LP a good stock to buy?
A business with weak numbers, and the price looks low. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Energy Transfer LP AI analysis
What does Energy Transfer LP do?
Energy Transfer LP, together with its subsidiaries, provides energy-related services in the United States. It is in Oil & Gas Midstream, based in Dallas, TX, United States, with 22,311 employees.
Does Energy Transfer LP pay a dividend?
Yes. At today's price the dividend is 6.8% a year, about 107% of its yearly profit. In 2025 it paid out $4.73 billion in dividends.
Is Energy Transfer LP stock halal?
No. Energy Transfer LP does not pass our halal screen: its debt is 107% of its market value, at or above the 33% limit. How we check
How has Energy Transfer LP stock done over the past year?
Up 16.0% over the past twelve months, to $19.09. It traded between $16.21 and $21.73 and is 12.1% below its high.
Who are Energy Transfer LP's competitors?
The largest listed companies in the same industry are Enbridge, The Williams Companies, Enterprise Products Partners L.P. and Kinder Morgan. The peers table on this page compares their profit, growth and price with Energy Transfer LP's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.