Energy Transfer LP, together with its subsidiaries, provides energy-related services in the United States. It operates through Intrastate Transportation and Storage; Interstate Transportation and Storage; Midstream; Natural Gas Liquid (NGL) and Refined Products Transportation and Services; Crude Oil Transportation and Services; Investment in Sunoco LP; Investment in USA Compression Partners, LP (USAC); and All Other segments. The company owns and operates natural gas transportation pipelines and storage facilities; and approximately 12,200 miles of intrastate natural gas transportation pipelines and 20,090 miles of interstate natural gas pipelines. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. In addition, the company owns and operates natural gas gathering pipelines, processing plants, and treating and conditioning facilities; and natural gas gathering, compression, treating, dehydration and processing, oil pipeline facilities. Further, it owns 5,700 miles of NGL pipelines; NGL fractionation and storage facilities; and other NGL storage assets and terminals. Additionally, the company provides crude oil transportation, terminalling, trucking, acquisition, and marketing activities; owns and operates approximately 18,000 miles of crude oil trunk and gathering pipelines; and sells and distributes motor fuels and other petroleum products under the Sunoco and EcoMaxx brands. It also offers natural gas compression; wholesale power trading; and carbon dioxide and hydrogen sulfide removal services, as well as management of coal and natural resources properties; sells standing timber; leases coal-related infrastructure facilities; and collects oil and gas royalties. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. Energy Transfer LP was founded in 1996 and is headquartered in Dallas, Texas.
Analyst Optimism | Delve into analyst projections, with price targets around $25 and EPS forecasts ranging from 1.38 to 1.71 for the next two fiscal years, reflecting market confidence |
Expansion on the Horizon | Explore Energy Transfer's ambitious project pipeline, including data center initiatives and the Lake Charles development, shaping its future growth trajectory |
Financial Resilience | With an 8.1% dividend yield and consistent payments, Energy Transfer demonstrates strong financial health, trading below fair value with potential upside |
Natural Gas Powerhouse | Energy Transfer's strategic focus on natural gas infrastructure positions it as a key player in the evolving energy landscape, driving growth and investor interest |

Metrics to compare | ET | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipETPeersSector | |
|---|---|---|---|---|
P/E Ratio | 15.4x | 18.9x | 6.9x | |
PEG Ratio | −2.65 | 0.15 | 0.00 | |
Price / Book | 2.1x | 4.9x | 1.1x | |
Price / LTM Sales | 0.8x | 2.3x | 1.5x | |
Upside (Analyst Target) | 17.5% | 4.1% | 16.3% | |
Fair Value Upside | Unlock | 9.0% | 5.9% | Unlock |