In the most recent trading session, Energy Transfer LP (ET) closed at $21.11, indicating a -1.05% shift from the previous trading day.
Energy Transfer has recently achieved strong performance, elevating its market cap to $74 billion and enterprise value above $100 billion. ET offers a sustainable 6%+ distribution yield as an MLP, underpinned by robust cash flow coverage. The company possesses a compelling pipeline of growth opportunities, supporting continued market outperformance.
Energy Transfer is well-positioned to benefit from AI-driven energy demand and Middle Eastern supply disruptions, supporting robust growth in volumes. ET reported strong Q2 results: adjusted EBITDA rose over 30% to $5.1 billion, distributable cash flow increased 32%, and management raised full-year EBITDA guidance to $19 billion. With an EV/EBITDA of 7.5 and a 6.3% yield, ET remains undervalued, offering both capital appreciation and reliable, growing distributions.
Zacks.com users have recently been watching Energy Transfer LP (ET) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Pipeline operator Energy Transfer and several associated companies will shift their stock listings from the NYSE to the Texas Stock Exchange.
Energy Transfer stock continued its strong rally, reaching its all-time high, as energy prices continued rising. ET also jumped to a record high as the company prepares to make a big move from New York to Texas.
Expanding NGL exports and new gas-fired power demand underscore the brilliance of ET's aggressive growth capital investments at a 3Y CAGR of +32.2%. Beyond the backlog through 2030, the management already hints at further growth opportunities, albeit with the higher capex implying distribution growth at lower end range of 3%-5%. Trading at EV/EBITDA of 8.50x, ET offers double-digit EBITDA growth prospects, rich/secure distribution yield of 6.33%, and healthy balance sheet metrics.
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Energy Transfer may have put insiders first during the 2006 energy downturn. The master limited partnership cut its distribution in 2000, during that COVID-related energy downturn.
Energy Transfer LP (ET) reported earnings 30 days ago. What's next for the stock?
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Energy Transfer remains a top conviction holding, offering high-quality midstream exposure at a compelling valuation and a robust 6.4% yield. ET trades at a significant discount to peers on both price-to-operating cash flow and EV/EBITDA metrics, despite strong cash generation and growth. Management has raised 2026 EBITDA guidance to $18.8–$19.1B, reflecting operational momentum driven by higher volumes and margins across key segments.