Energy Transfer remains a Strong Buy, offering compelling value and growth after a transformative year marked by robust earnings and operational records. ET's diversified segments, including NGL export dominance and Permian-focused expansion, drive EBITDA growth and position the company at the forefront of the AI and data center economy. Guidance is strong, with 2026 growth capital of $5–$5.5B, mid-teens project returns, and distribution growth of 3–5%, while maintaining a leverage target of 4x–4.5x.
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: High-Octane Income From America's Energy 'Toll Road'
Energy Transfer is now fairly valued after a strong price run, with updated intrinsic value at $18.49 and a bull case of $21.33. Q4 2025 earnings showed record volumes across all segments, raised 2026 EBITDA guidance, and added new natural gas projects to the backlog. Distribution growth is robust, with a recent increase to $0.335/unit, and management targeting 3–5% long-term growth, supporting valuation confidence.
Energy Transfer: Another Year Of Comparatively Poor Returns To Investors
Energy Transfer is rated 'Buy' with 30% upside, driven by discounted valuation and aggressive growth in energy transportation. Energy Transfer's 'toll road' model secures stable EBITDA, while AI-driven electricity demand and LNG export expansion underpin long-term growth. Q4 2025 results showed 29.6% revenue growth and an 8% adjusted EBITDA increase, despite EPS missing consensus by $0.11.
ET's Q4 earnings miss estimates, revenues rise 29.6% year over year, new pipeline deals and expansions signal ongoing growth plans.
Energy Transfer LP Common Units (ET) Q4 2025 Earnings Call Transcript
The headline numbers for Energy Transfer LP (ET) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Energy Transfer LP (ET) concluded the recent trading session at $18.75, signifying a +2.68% move from its prior day's close.
ET heads into Q4 earnings with revenues expected to surge 33%, but falling earnings keep investors cautious.
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.