Energy Transfer LP (ET) offers the best-in-class forward distribution yield, appealing for income-focused investors. Aggressive natural gas infrastructure expansion positions the company to capture structural tailwinds from LNG exports and AI revolution. ET appears deeply undervalued with 23% upside potential while offering an attractive 8% distribution yield.
Energy Transfer offers an almost 8% dividend yield, supported by robust DCF and a diversified midstream asset portfolio. ET is investing nearly $4.6 billion in 2025 growth capital, targeting NGL export capacity, data center demand, and major pipeline expansions. Long-term contracts, such as the fully contracted Desert Southwest pipeline, underpin stable future cash flows and reinforce ET's market position.
Energy Transfer LP (ET) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Marshall S. McCrea III CEO | NYSE Exchange | 29273V100 CUSIP |
| US Country | 16,248 Employees | 7 Nov 2025 Last Dividend | 27 Jul 2015 Last Split | 3 Feb 2006 IPO Date |
Energy Transfer LP is a major player in the field of energy-related services, operating an extensive network of natural gas and crude oil pipelines along with a variety of facilities across multiple states in the USA. Originally known as Energy Transfer Equity, L.P., the company rebranded to Energy Transfer LP in October 2018. Founded in 1996, it has its headquarters in Dallas, Texas. The company's infrastructure plays a crucial role in the transportation, storage, and marketing of natural gas, crude oil, and natural gas liquids (NGLs), serving a diverse clientele that includes electric utilities, industrial end-users, and petroleum product distributors.
Energy Transfer LP owns and operates an extensive network of natural gas transportation pipelines, storage facilities, and gathering systems across many states, including Texas and Oklahoma. The company's natural gas services are critical for electric utilities, independent power plants, local distribution companies, and other marketing companies, as well as industrial end-users. They ensure a steady supply of natural gas across a vast area of the United States.
With approximately 14,500 miles of crude oil pipelines spanning the Southwest, Midcontinent, and Midwest United States, the company is involved in the transportation, terminalling, acquisition, and marketing of crude oil. These operations are crucial for the distribution and sale of gasoline, diesel, and other petroleum products, catering to the energy needs of a broad spectrum of consumers.
Energy Transfer manages a robust infrastructure for the transport and storage of NGLs, including 5,700 miles of NGL pipelines, fractionation facilities, and storage assets. This comprehensive system supports the handling, processing, and distribution of NGLs, which are essential components for various industrial, residential, and commercial applications.
The company also specializes in water transport and supply services for natural gas production, particularly in Pennsylvania. These services are vital for supporting the hydraulic fracturing process, showcasing the company’s ability to provide comprehensive solutions to the oil and gas industry.
Energy Transfer offers a wide range of supplementary services, including natural gas compression, carbon dioxide and hydrogen sulfide removal, and the management of coal and natural resources properties. The company also engages in timber sales, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates electrical power, demonstrating its diversified approach to energy and resource management.