Energy Transfer LP (ET) closed at $20.45, up 2.05%, outperforming the S&P 500's decline. The company is expected to report earnings on November 3, 2026, with projected EPS of $0.41 (up 46.43% YoY) and revenue of $35.6 billion (up 78.41% YoY). ET trades at a Forward P/E of 11.57, below its industry average of 14.7, and holds a Zacks Rank #3 (Hold) rating.
ET
Energy Transfer LP · NYSE
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20 latestEnergy Transfer, a major midstream energy company with 140,000 miles of pipeline infrastructure, offers an attractive 7% dividend yield and has increased payouts for nearly 20 consecutive quarters. The company is expanding through acquisitions like the $2.6 billion Vaquero Midstream deal, making it a potential long-term investment opportunity for income-focused investors.
Energy Transfer LP (ET) has been heavily searched by investors. The company shows strong earnings growth expectations (+43% for current fiscal year) and revenue growth (+43.1% for current fiscal year), with a Zacks Rank #3 (Hold) rating. The stock trades at a discount to peers with an A valuation grade, but is expected to perform in line with the broader market in the near term.
The article explains Zacks' Earnings ESP (Expected Surprise Prediction) methodology for identifying stocks likely to beat quarterly earnings expectations. It highlights two energy stocks as examples: Enterprise Products Partners (EPD) with a +9.09% ESP and Buy rating ahead of October 29 earnings, and Energy Transfer LP (ET) with a +3.24% ESP and Hold rating before November 3 earnings. Both stocks show positive indicators for beating analyst expectations.
Energy Transfer LP (ET) fell 1.73% to $19.90, underperforming the S&P 500's 0.33% gain. Despite strong earnings expectations for Q3 2026 (EPS up 46.43% YoY, revenue up 78.41% YoY), the stock has gained 0% over the past month while its sector gained 5.67%. ET holds a Zacks Rank #3 (Hold) rating with a slight 0.52% downward revision in consensus EPS estimates over the past month.
Energy Transfer LP (ET) has gained 27.2% over the past year, trailing its industry's 64.6% rally. While the company benefits from a 140,000-mile pipeline network and nearly 90% fee-based revenues supporting stable cash flows, rising earnings estimates, and discounted valuation, concerns about high debt levels (57.52% debt-to-capital), weak ROE (11.55% vs. 14.22% industry average), and substantial capital requirements suggest investors should wait for a more attractive entry point. ET holds a Zacks Rank #3 (Hold) rating.
Energy Transfer LP (ET) declined 1.25% on October 7, 2026, underperforming the S&P 500's 0.22% loss. The company is expected to report earnings on November 3, 2026, with projected EPS of $0.40 (42.86% YoY growth) and revenue of $35.6 billion (78.41% YoY growth). ET currently holds a Zacks Rank #3 (Hold) rating with a 0.87% increase in consensus EPS estimates over the past 30 days.
The author explains why Energy Transfer (ET), a major U.S. midstream pipeline company, remains an attractive investment beyond its 6.6% dividend yield. Key reasons include its tax-efficient MLP structure, exposure to growing AI and data center natural gas demand, sustainable distribution policy, and attractive valuation at 12x forward earnings with expected 14% CAGR growth through 2028.
Energy Transfer LP (ET) is highlighted as a stock to watch with a #3 (Hold) Zacks Rank and an A-rated VGM Score. The company benefits from attractive valuation metrics including a forward P/E ratio of 11.98, and six analysts have revised earnings estimates upward in the last 60 days, with the consensus estimate increasing to $1.73 per share.
Energy Transfer LP (ET) is trending among investors. The stock has declined 3.6% over the past month, underperforming the S&P 500.
While the company shows strong revenue growth (+78.4% YoY) and beat earnings estimates significantly (+51.28% EPS surprise), earnings estimate revisions have been modest. ET received a Zacks Rank #3 (Hold) rating, suggesting near-term performance in line with the broader market, though it trades at a valuation discount to peers.
Energy Transfer LP (ET) receives a #3 (Hold) rating from Zacks but shows strong growth potential with a Grade A Growth Style Score and forecasted 43% year-over-year earnings growth. Seven analysts have revised earnings estimates upward in the last 60 days, with the consensus estimate increasing to $1.73 per share for fiscal 2026.
Energy Transfer LP (ET) rose 1.67% to $20.10 in the latest session, outperforming the S&P 500's 0.2% gain. However, the stock has declined 8.22% over the past month.
The company is expected to report EPS of $0.4 (up 42.86% YoY) and revenue of $35.6 billion (up 78.41% YoY). With a Zacks Rank of #3 (Hold) and a Forward P/E of 11.43 (below industry average of 13.42), ET trades at a valuation discount despite strong earnings growth expectations.
Energy Transfer (ET) is highlighted as an attractive investment due to three key factors: strong growth prospects from $5.9 billion in planned projects with 5-6x EBITDA returns, the cheapest valuation among pipeline MLPs at 8.3x forward EV/EBITDA, and a robust 6.7% dividend yield with 19 consecutive quarters of increases and a healthy 2.2x distribution coverage ratio.
Mentions ET
Global X MLP & Energy Infrastructure ETF (MLPX) outperforms First Trust North American Energy Infrastructure Fund (EMLP) with lower fees (0.45% vs 0.95%), higher dividend yield (4.2% vs 2.9%), and stronger 5-year returns ($2,318 vs $2,004 on $1,000 invested). MLPX offers pure energy infrastructure exposure while EMLP provides broader diversification with utilities allocation, making MLPX the better choice for most investors despite higher concentration risk.
ONEOK (OKE) is scheduled to report Q3 2026 earnings on October 27 with revenues expected to rise 36.34% year-over-year to $11.77 billion. The company is predicted to beat consensus estimates driven by higher transportation volumes, summer fuel demand, FERC tariff adjustments, and pipeline expansion completions. ONEOK's ROE of 16.41% exceeds the industry average, and shares have gained 33.5% over the past year.
SpaceX received approval to build a 32-mile pipeline connecting its Cape Canaveral facilities to the natural gas network jointly operated by Kinder Morgan and Energy Transfer. The pipeline will reduce SpaceX's reliance on LNG truck deliveries for Starship launches. However, the deal is relatively insignificant for both pipeline operators given their massive scale, with the two companies collectively transporting roughly 70% of U.S. natural gas.
The article examines five high-yield dividend stocks with yields ranging from 5.88% to 16.72%. Featured stocks include Altria Group (5.93% yield, 57-year dividend streak), AGNC Investment (16.72% yield but at risk from rising rates), Energy Transfer (6.57% yield, 19 consecutive quarters of increases), Pfizer (6.06% yield, 352 consecutive quarterly dividends), and Realty Income (5.88% yield, 116 consecutive quarters of increases). While these stocks offer steady income, investors should be aware of sector-specific risks including interest rate sensitivity and commercial real estate headwinds.
The article recommends three midstream energy pipeline stocks for income investors seeking high yields: Enterprise Products Partners (6.3% yield, 28-year distribution growth record), Energy Transfer (6.8% yield, diversified operations), and MPLX (7.5% yield, aggressive distribution growth). All three benefit from AI data center demand driving natural gas consumption and offer reliable, growing distributions with strong coverage ratios.
High diesel prices driven by a Strait of Hormuz supply disruption are benefiting energy companies differently. Marathon Petroleum, a pure-play refiner, is the biggest winner as it directly profits from the crack spread between crude costs and refined fuel prices.
Integrated majors Chevron and ExxonMobil see meaningful but smaller gains across their larger businesses. Pipeline operators Energy Transfer and Enterprise Products Partners benefit modestly through increased volume fees, with their appeal primarily tied to steady dividend yields rather than diesel price exposure.
Energy sector M&A activity is accelerating with elevated crude prices around $90/barrel supporting strategic acquisitions. Crescent Energy is acquiring Devon Energy's Eagle Ford assets for $3.85 billion, Energy Transfer is acquiring Vaquero Midstream for $2.63 billion, Cenovus Energy is acquiring Athabasca Oil for C$5.7 billion, and Drilling Tools International is acquiring Saltire and Foxley for approximately $80 million in cash and stock. These transactions are expected to enhance operational efficiency, expand production capacity, and generate significant synergies for the acquiring companies.
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