Energy Transfer (ET) has raised its 2026 EBITDA guidance to $18.2–$18.6B, reflecting robust growth across diversified midstream segments. ET's distribution increases are expected to accelerate, with a projected 2027 payout of $1.416 per unit, implying a yield above 7%. Leverage stands at 3.85x, below management's 4x–4.5x target, yet remains higher than peers, sustaining a higher yield requirement.
Energy Transfer is upgraded to Strong Buy as project execution risks diminish and EBITDA guidance rises, with no valuation expansion since March. Q1 EBITDA grew ~20% YoY to ~$4.9b, with underlying structural growth and a raised full-year EBITDA guidance to $18.4b–$18.6b. Major projects, including NGL de-bottlenecking and the Hugh Brinson Pipeline, are tracking ahead or on schedule, supporting further EBITDA accretion.
In the latest trading session, Energy Transfer LP (ET) closed at $19.91, marking a -2.23% move from the previous day.
Recently, Zacks.com users have been paying close attention to Energy Transfer LP (ET). This makes it worthwhile to examine what the stock has in store.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
The latest trading day saw Energy Transfer LP (ET) settling at $20.2, representing a +1.46% change from its previous close.
Leon Cooperman‘s Omega Advisors has three names doing outsized work in the portfolio right now, and each demands a different call.
Energy Transfer stands out among energy infrastructure plays, providing investors stability with fee-based earnings predictability. ET has outperformed sector peers since April, as investors rotated back. As the energy infra trade now regains buying momentum after the earlier year's pro-cyclical fervor, ET is well positioned to benefit from this market rotation. The massive, multi-trillion-dollar AI CapEx buildout through the decade is expected to drive sustained demand for ET's diversified pipeline infrastructure.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
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.
Energy Transfer common units remain a 'strong buy' due to undervaluation, high quality, and robust, fee-based cash flows. The Series I 9.25% Fixed Rate Perpetual Preferred units offer a 7.4% effective yield, prioritizing downside protection over capital appreciation. ET's preferred payouts are minimal relative to distributable cash flow, with $27 million paid to all preferreds versus $2.7 billion DCF in Q1 2026.
Energy Transfer is upgraded to "Strong Buy," driven by predictable cash flows, robust yield, and a fee-based business model. ET's Q1 EBITDA rose 20% to $4.9 billion, with recurring growth drivers outpacing one-off items, and guidance for 2026 EBITDA raised to $18.2–$18.6 billion. Significant CapEx pipeline—$15 billion through 2028—positions ET for $2.5–$3 billion incremental annual EBITDA once projects are fully ramped.