Energy Transfer (NYSE:ET – Get Free Report) is expected to be releasing its Q2 2026 results before the market opens on Tuesday, August 4th. Analysts expect Energy Transfer to announce earnings of $0.3775 per share and revenue of $27.7120 billion for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Tuesday, August 4, 2026 at 9:00 AM ET.
Energy Transfer (NYSE:ET – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The pipeline company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.05). Energy Transfer had a return on equity of 9.77% and a net margin of 4.66%.The firm had revenue of $27.77 billion for the quarter, compared to analyst estimates of $25.78 billion. During the same quarter in the previous year, the company earned $0.36 earnings per share. The company’s quarterly revenue was up 32.1% on a year-over-year basis. On average, analysts expect Energy Transfer to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Energy Transfer Price Performance
ET stock opened at $19.91 on Tuesday. The company has a quick ratio of 0.93, a current ratio of 1.17 and a debt-to-equity ratio of 1.50. The firm has a market cap of $68.50 billion, a P/E ratio of 16.59, a P/E/G ratio of 1.18 and a beta of 0.55. The company’s 50-day moving average price is $19.54 and its two-hundred day moving average price is $19.02. Energy Transfer has a 12 month low of $16.18 and a 12 month high of $20.70.
Energy Transfer Increases Dividend
Institutional Trading of Energy Transfer
Institutional investors and hedge funds have recently bought and sold shares of the stock. Quattro Advisors LLC acquired a new position in Energy Transfer during the 4th quarter worth about $46,000. Fulcrum Asset Management LLP acquired a new stake in shares of Energy Transfer in the third quarter valued at about $52,000. Tower Research Capital LLC TRC acquired a new stake in shares of Energy Transfer in the second quarter valued at about $70,000. WFA of San Diego LLC bought a new position in shares of Energy Transfer during the second quarter worth about $73,000. Finally, Russell Investments Group Ltd. raised its position in shares of Energy Transfer by 436.5% during the second quarter. Russell Investments Group Ltd. now owns 4,179 shares of the pipeline company’s stock worth $76,000 after acquiring an additional 3,400 shares during the last quarter. 38.22% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities research analysts have weighed in on the company. Jefferies Financial Group upgraded Energy Transfer from a “hold” rating to a “buy” rating and set a $23.00 target price for the company in a research note on Tuesday, May 26th. Zacks Research upgraded Energy Transfer from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 13th. TD Cowen reissued a “buy” rating and set a $24.00 price target (up from $23.00) on shares of Energy Transfer in a report on Thursday, July 16th. Scotiabank restated an “outperform” rating on shares of Energy Transfer in a research report on Tuesday, May 12th. Finally, Morgan Stanley lifted their target price on Energy Transfer from $21.00 to $23.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 27th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $23.50.
Check Out Our Latest Analysis on ET
About Energy Transfer
Energy Transfer (NYSE: ET) is a Dallas-based midstream energy company that develops and operates infrastructure for the transportation, storage and processing of hydrocarbons. The company’s operations focus on moving and storing natural gas, natural gas liquids (NGLs), crude oil and refined products through an integrated network of pipelines, terminals, storage facilities and processing plants. Energy Transfer provides core midstream services such as gathering, compression, fractionation, processing, and bulk transportation to support production and downstream supply chains.
Its asset base spans an extensive network across the United States, connecting producing regions, processing centers, petrochemical hubs and coastal and inland markets.
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