Energy Transfer (NYSE:ET) Stock Price Down 1% – Here’s What Happened

Energy Transfer LP (NYSE:ET)’s share price was down 1% during mid-day trading on Wednesday . The stock traded as low as $21.15 and last traded at $21.1970. Approximately 12,552,901 shares were traded during trading, a decline of 6% from the average daily volume of 13,352,657 shares. The stock had previously closed at $21.42.

Trending Headlines about Energy Transfer

Here are the key news stories impacting Energy Transfer this week:

• Positive Sentiment: Co-founder and director Kelcy Warren bought a combined 1 million ET shares on August 18 and 19 for approximately $21.3 million, at prices near the partnership’s 52-week high. The purchases increased his stake to nearly 147.9 million shares and signal strong insider confidence in Energy Transfer’s outlook. SEC insider ownership filing
• Positive Sentiment: US Capital Advisors raised its EPS forecasts for multiple periods, including Q3 2026 to $0.35 from $0.33, FY2027 to $1.59 from $1.45 and FY2028 to $1.62 from $1.48. The revisions indicate expectations for stronger future earnings and support the bullish case for ET. Energy Transfer analyst estimates
• Positive Sentiment: Recent analysis highlighted record second-quarter volumes, resilient U.S. hydrocarbon export demand and long-term, fee-based contracts. Energy Transfer also has a large contracted project backlog, while 2026 EBITDA guidance was raised to $18.8 billion-$19.1 billion, improving visibility for distributable cash flow and future distributions. Energy Transfer: A 6.4% Yield Backed By The AI Power Boom
• Neutral Sentiment: Income-focused coverage continues to favor ET because of its roughly 6.4% annualized yield, strong distribution coverage and diversified midstream assets. However, the distribution payout ratio is high, and the company’s leverage could keep investors focused on cash-flow growth and balance-sheet discipline. Energy Transfer: Strong Buy With A Path To 7% Yield On Cost

Wall Street Analysts Forecast Growth

ET has been the topic of a number of analyst reports. UBS Group reaffirmed a “buy” rating on shares of Energy Transfer in a report on Tuesday, May 12th. Barclays reiterated an “overweight” rating and issued a $24.00 target price (up from $23.00) on shares of Energy Transfer in a report on Wednesday, August 5th. Scotiabank restated an “outperform” rating on shares of Energy Transfer in a report on Tuesday, May 12th. Morgan Stanley boosted their price target on shares of Energy Transfer from $23.00 to $25.00 and gave the stock an “equal weight” rating in a report on Tuesday. Finally, JPMorgan Chase & Co. upped their price objective on shares of Energy Transfer from $22.00 to $24.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Energy Transfer currently has a consensus rating of “Moderate Buy” and an average target price of $24.08.

Energy Transfer Stock Down 0.1%

The stock has a 50 day moving average price of $19.93 and a 200 day moving average price of $19.41. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.94 and a current ratio of 1.16. The company has a market capitalization of $72.93 billion, a P/E ratio of 14.41, a PEG ratio of 0.75 and a beta of 0.55.

Energy Transfer (NYSE:ET) last posted its quarterly earnings results on Tuesday, August 4th. The pipeline company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.21. The company had revenue of $34.33 billion during the quarter, compared to analyst estimates of $27.71 billion. Energy Transfer had a net margin of 4.87% and a return on equity of 11.55%. The firm’s revenue for the quarter was up 78.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.32 earnings per share. Equities research analysts forecast that Energy Transfer LP will post 1.63 earnings per share for the current fiscal year.

Energy Transfer Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Friday, August 7th were given a dividend of $0.34 per share. The ex-dividend date of this dividend was Friday, August 7th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 6.4%. This is an increase from Energy Transfer’s previous quarterly dividend of $0.34. Energy Transfer’s payout ratio is currently 92.52%.

Insider Activity at Energy Transfer

In related news, Director James Richard Perry purchased 12,359 shares of the stock in a transaction that occurred on Friday, August 7th. The shares were bought at an average price of $20.23 per share, with a total value of $250,022.57. Following the acquisition, the director owned 208,046 shares of the company’s stock, valued at $4,208,770.58. This trade represents a 6.32% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Kelcy L. Warren acquired 647,968 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The stock was purchased at an average price of $21.26 per share, for a total transaction of $13,775,799.68. Following the purchase, the director owned 147,901,879 shares of the company’s stock, valued at $3,144,393,947.54. The trade was a 0.44% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have bought 1,012,359 shares of company stock valued at $21,513,543. 3.28% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in Energy Transfer by 93.4% during the fourth quarter. Brighton Jones LLC now owns 24,530 shares of the pipeline company’s stock valued at $481,000 after purchasing an additional 11,844 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of Energy Transfer by 62.8% in the first quarter. AQR Capital Management LLC now owns 21,041 shares of the pipeline company’s stock worth $391,000 after purchasing an additional 8,118 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Energy Transfer by 6.2% in the second quarter. Geode Capital Management LLC now owns 135,395 shares of the pipeline company’s stock valued at $2,455,000 after purchasing an additional 7,901 shares during the period. Russell Investments Group Ltd. lifted its stake in shares of Energy Transfer by 436.5% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,179 shares of the pipeline company’s stock valued at $76,000 after buying an additional 3,400 shares in the last quarter. Finally, Guggenheim Capital LLC boosted its holdings in Energy Transfer by 5.6% in the 2nd quarter. Guggenheim Capital LLC now owns 50,919 shares of the pipeline company’s stock worth $923,000 after buying an additional 2,700 shares during the period. Hedge funds and other institutional investors own 38.22% of the company’s stock.

Energy Transfer Company Profile

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.