ET
Energy Transfer LP
NYSE: ET · ENERGY · OIL & GAS MIDSTREAM
$19.07
+1.65% today
Updated 2026-06-12
Market cap
$67.24B
P/E ratio
16.28
P/S ratio
0.73x
EPS (TTM)
$1.20
Dividend yield
6.93%
52W range
$15 – $21
Volume
15.1M
WallStSmart proprietary scores
65
out of 100
Grade: B
Buy
Investment rating
4.7
Growth
C3.8
Quality
D5.5
Profitability
C+8.7
Valuation
A3/9
Piotroski F-Score
Weak
—
Altman Z-Score
—
—
Industry rank
—
View all highly rated stocks (75+) →202 stocks currently score above 75
Price targets
Analyst target
$21.67
+13.63%
12-Month target
$19.19
+0.63%
Intrinsic (DCF)
$138.44
Margin of safety
+85.99%
5 Strong Buy14 Buy2 Hold0 Sell0 Strong Sell
Price chart
Stock snapshot
Strengths
+ Free cash flow $1.50B — positive
+ Revenue growth 32.10% QoQ
+ 85.99% below intrinsic value
Risks
- Piotroski 3/9 — weak financial health
- Thin margins at 4.72%
- Debt/equity 2.06x — high leverage
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM | 2026 (E) |
|---|---|---|---|---|---|---|
| Revenue | $89.88B | $78.59B | $82.67B | $82.63B | $92.29B | $103.4B |
| Net income | $4.76B | $3.94B | $4.81B | $4.90B | $1.25B | — |
| EPS | — | — | — | — | $1.20 | $1.63 |
| Free cash flow | $5.67B | $6.42B | $7.34B | $3.85B | $1.50B | — |
| Profit margin | 5.29% | 5.01% | 5.82% | 5.93% | 4.72% | — |
Recent insider activity
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-08 | WARREN, KELCY L | Buy | 1,109,279 | $19.83 |
| 2026-01-02 | RAMSEY, MATTHEW S. | Buy | 7,423 | — |
| 2026-01-02 | PERRY, JAMES RICHARD | Buy | 7,423 | — |
Peer comparison
Smart narrative
Energy Transfer LP trades at $19.07. representing a P/E of 16.28x trailing earnings. Our Smart Value Score of 65/100 indicates the stock is good. The company scores 3/9 on the Piotroski F-Score. TTM revenue stands at $92.29B. with profit margins at 4.72%. Our DCF model estimates intrinsic value at $138.44.
Frequently asked questions
What is Energy Transfer LP's stock price?
Energy Transfer LP (ET) trades at $19.07, on a P/E of 16.3x and a P/S of 0.7x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.
Is Energy Transfer LP overvalued?
Energy Transfer LP carries a Smart Value Score of 65/100 (Grade B), which we rate Buy. That score blends growth, quality, and valuation into one read. Our DCF puts intrinsic value at $138.44 versus the $19.07 price, a 86.0% margin of safety on a cash flow basis.
What is the price target of Energy Transfer LP (ET)?
The 12-month analyst consensus target is $21.67, about 13.6% above the current $19.07. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.
What is the future stock price of ET by 2030?
Our research-backed model puts the 2030 base case at $448.64, built from revenue projections, a growth-adjusted P/S multiple, net debt, and share dilution. It is a scenario rather than a prediction, and the bull and bear cases around it matter more than the single number when you are sizing a position.
What is the intrinsic value of Energy Transfer LP (ET)?
Our DCF model estimates intrinsic value at $138.44, a +86.0% margin of safety versus today's $19.07. Intrinsic value is what the projected cash flows are worth today. A positive reading means the price sits below that estimate, leaving a cushion if growth holds.
What is Energy Transfer LP's revenue?
Energy Transfer LP's trailing twelve-month revenue is $92.29B, and our model projects it reaching about $128.40B by 2030. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.
Company info
SectorENERGY
IndustryOIL & GAS MIDSTREAM
CountryUSA
ExchangeNYSE
CurrencyUSD
Quick metrics
P/S ratio0.73x
ROE14.02%
Beta0.57
50D MA$19.47
200D MA$17.89
Shares out3.44B
Float3.09B
Short ratio—
Avg volume15.1M
Performance
1 week+0.00%
1 month-2.66%
3 months+4.67%
YTD+18.95%
1 year—
3 years—
5 years—