Stocktoria
Energy Transfer LP ET
Energy Transfer LP (ET) earns a Piotroski F-score of 4/9 (mixed financial health). It does not currently pay a dividend. FY2025 revenue was $85.5B at a 5.2% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.52 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-08-12 | Truist Securities | Buy (main) |
| 2026-08-10 | TD Cowen | Buy (main) |
| 2026-08-07 | Citigroup | Buy (main) |
| 2026-08-05 | Barclays | Overweight (main) |
| 2026-07-21 | RBC Capital | Outperform (main) |
| 2026-07-16 | TD Cowen | Buy (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Forward estimates · earnings calendar →
Consensus analyst estimates and scheduled dates — forward-looking, may change.
How it ranks in Transportation & Utilities · percentile among 348 companies
Percentile vs other Transportation & Utilities companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Sector peers · similar-size Transportation & Utilities companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| ET | Energy Transfer LP | 4/9 | — | 14.9 | +3.5% |
| EPD | ENTERPRISE PRODUCTS PARTNERS L.P. | 5/9 | — | 13.6 | -6.4% |
| TRGP | Targa Resources Corp. | 5/9 | 1.03 | 30.4 | +3.9% |
| KMI | KINDER MORGAN, INC. | 6/9 | 0.68 | 24.2 | +12.2% |
| TRP | TC ENERGY CORP | 5/9 | 0.56 | — | +10.7% |
| WMB | WILLIAMS COMPANIES, INC. | 6/9 | -0.16 | 33.4 | +17.9% |
| TCPA | TRANSCANADA PIPELINES LTD | 6/9 | 0.28 | — | +7.2% |
All Transportation & Utilities companies →
About Energy Transfer LP
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.
FAQ
Is ET financially healthy?
Energy Transfer LP's Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak).
Does ET pay a dividend?
No, Energy Transfer LP does not currently pay a dividend.
How profitable is ET?
In FY2025, Energy Transfer LP had a net margin of 5.2% and a return on equity of 9.0%.
What is ET's P/E ratio?
Energy Transfer LP's trailing price-to-earnings (P/E) ratio is about 14.9×, based on its latest annual earnings.
What is the analyst price target for ET?
The average Wall-Street price target for Energy Transfer LP is $24.29, about 15.9% above the recent price, from 21 analysts (consensus: strong buy).
Is ET a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Energy Transfer LP: a Piotroski F-score of 4/9, a P/E of about 14.9×. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.