Energy Transfer LP (ET)
NYSE · Energy · Oil & Gas Midstream
Profile
Energy Transfer LP
- Exchange
- NYSE
- Ticker
- ET
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Country
- US
Energy Transfer LP functions as a comprehensive provider of energy infrastructure and associated services. The company operates extensive natural gas networks, including approximately 11,600 miles of intrastate transportation pipelines and an additional 19,830 miles dedicated to interstate transport. Its natural gas storage capabilities encompass three facilities in Texas and another two spanning Texas and Oklahoma. Energy Transfer supplies natural gas to a diverse range of customers, such as electric utilities, independent power producers, local distribution companies, other marketing firms, and various industrial end-users. Beyond transportation, the firm manages substantial infrastructure for gathering, processing, treating, and conditioning natural gas and natural gas liquids (NGLs) across a broad geographic area that includes Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, and Louisiana. This infrastructure also covers natural gas gathering systems in Ohio, and integrated natural gas gathering, oil pipeline, and oil stabilization facilities situated in South Texas. Additionally, the company provides water transport and supply services to natural gas producers in Pennsylvania. In the NGL sector, Energy Transfer possesses approximately 5,215 miles of NGL pipelines, along with facilities for NGL and propane fractionation. Its NGL storage solutions include facilities with a working capacity of around 50 million barrels (MMBbls), supplemented by additional storage assets and terminals totaling about 17 MMBbls. The company is actively involved in the transportation, terminalling, acquisition, and marketing of crude oil, as well as the distribution of refined petroleum products like gasoline, middle distillates, and motor fuels. Complementing these primary operations, Energy Transfer offers specialized services such as natural gas compression, removal of carbon dioxide and hydrogen sulfide, natural gas cooling, dehydration, and British thermal unit (BTU) management. Furthermore, its operations extend to managing coal and other natural resource properties, selling standing timber, leasing coal-related infrastructure, collecting oil and gas royalties, and generating electrical power. Established in 1996 and headquartered in Dallas, Texas, the company officially adopted its current name, Energy Transfer LP, in October 2018, having previously been known as Energy Transfer Equity, L.P.
Key facts
Energy Transfer LP: key facts
- Energy Transfer LP (NYSE: ET) is a Oil & Gas Midstream company in the Energy sector.
- In fiscal 2025, Energy Transfer LP reported revenue of $82.6B and net income of $4.9B.
- Revenue grew 5.2% a year over the last 4 fiscal years.
- Free cash flow was positive in 5 of the last 5 fiscal years.
- Net income was positive in 5 of the last 5 fiscal years.
- Over the last twelve months, revenue was $104.5B and net income was $5.8B.
MonkScore
Energy Transfer LP's MonkScore
MonkScore
MonkScore range: 40–50
as of October 2026
Sector rank: 161 of 301 in Energy
How this score is madeDisclaimer
Pillar ranges
- Growth30–40
- Profitability50–60
- Quality40–50
- Market Conviction20–30
- Safety30–40
The MonkScore runs from 0 to 100. Each range is one of ten 10-point groups, from 0–10 to 90–100.
Each pillar's range uses the same ten groups. The exact score and the pillar scores are in the MonkStreet app.
Fundamentals
Figures from the statements
Energy Transfer LP's annual figures and the last twelve months, in USD. Last report: 30 June 2026.
| Figure | Last 12 months | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue | $104.5B | $82.6B | $82.7B | $78.6B | $89.9B | $67.4B |
| Gross profit | $25.2B | $18.0B | $15.7B | $13.8B | $13.3B | $13.4B |
| Operating income | $11.1B | $9.4B | $9.1B | $8.3B | $7.7B | $8.8B |
| Net income | $5.8B | $4.9B | $4.8B | $3.9B | $4.8B | $5.5B |
| Operating cash flow | $12.1B | $10.1B | $11.5B | $9.6B | $9.1B | $11.2B |
| Capital expenditure | -$6.9B | -$6.3B | -$4.2B | -$3.1B | -$3.4B | -$2.8B |
| Free cash flow | $5.2B | $3.8B | $7.3B | $6.4B | $5.7B | $8.3B |
| Total debt | $70.2B | $71.6B | $60.6B | $53.2B | $49.1B | $50.6B |
| Cash | $1.0B | $1.3B | $312.0M | $161.0M | $257.0M | $336.0M |
Revenue growth a year
- 1-year
- -0.1%
- 3-year
- -2.8%
- 4-year
- 5.2%
Compound growth between fiscal years.
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Page built on 31 October 2026.