Brokers Set Expectations for Energy Transfer FY2025 Earnings

Energy Transfer LP (NYSE:ET) – Equities research analysts at US Capital Advisors boosted their FY2025 earnings per share (EPS) estimates for Energy Transfer in a report released on Monday, February 2nd. US Capital Advisors analyst J. Carreker now expects that the pipeline company will post earnings per share of $1.28 for the year, up from their previous forecast of $1.25. The consensus estimate for Energy Transfer’s current full-year earnings is $1.46 per share. US Capital Advisors also issued estimates for Energy Transfer’s Q4 2025 earnings at $0.31 EPS, Q1 2026 earnings at $0.34 EPS, Q2 2026 earnings at $0.32 EPS, Q3 2026 earnings at $0.33 EPS, Q4 2026 earnings at $0.36 EPS and FY2026 earnings at $1.34 EPS.

A number of other research firms have also commented on ET. Morgan Stanley lowered their target price on shares of Energy Transfer from $21.00 to $19.00 and set an “overweight” rating for the company in a report on Tuesday, December 2nd. Jefferies Financial Group set a $17.00 price objective on Energy Transfer and gave the stock a “hold” rating in a research note on Tuesday, October 28th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Energy Transfer in a report on Wednesday, December 24th. Barclays restated an “overweight” rating and set a $22.00 target price (down previously from $25.00) on shares of Energy Transfer in a report on Monday, January 12th. Finally, Royal Bank Of Canada raised Energy Transfer to a “moderate buy” rating in a research note on Monday, December 15th. Twelve research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Energy Transfer has a consensus rating of “Moderate Buy” and an average target price of $21.50.

Energy Transfer Trading Down 0.9%

ET opened at $18.20 on Wednesday. The firm has a 50 day simple moving average of $17.03 and a 200 day simple moving average of $17.11. Energy Transfer has a fifty-two week low of $14.60 and a fifty-two week high of $20.90. The company has a market cap of $62.48 billion, a price-to-earnings ratio of 14.56, a price-to-earnings-growth ratio of 0.95 and a beta of 0.66. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.41 and a quick ratio of 1.14.

Energy Transfer (NYSE:ET) last announced its quarterly earnings data on Wednesday, November 5th. The pipeline company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.06). The firm had revenue of $19.95 billion for the quarter, compared to the consensus estimate of $21.84 billion. Energy Transfer had a return on equity of 10.71% and a net margin of 5.66%.The business’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.32 earnings per share.

Institutional Investors Weigh In On Energy Transfer

Institutional investors and hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC raised its position in Energy Transfer by 93.4% during the fourth quarter. Brighton Jones LLC now owns 24,530 shares of the pipeline company’s stock worth $481,000 after acquiring an additional 11,844 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Energy Transfer by 62.8% in the 1st quarter. AQR Capital Management LLC now owns 21,041 shares of the pipeline company’s stock valued at $391,000 after purchasing an additional 8,118 shares during the period. Checchi Capital Advisers LLC lifted its stake in Energy Transfer by 7.5% in the 2nd quarter. Checchi Capital Advisers LLC now owns 27,154 shares of the pipeline company’s stock valued at $492,000 after purchasing an additional 1,884 shares during the last quarter. DAVENPORT & Co LLC lifted its stake in Energy Transfer by 1.5% in the 2nd quarter. DAVENPORT & Co LLC now owns 110,838 shares of the pipeline company’s stock valued at $2,009,000 after purchasing an additional 1,687 shares during the last quarter. Finally, Valeo Financial Advisors LLC grew its holdings in Energy Transfer by 2.9% during the second quarter. Valeo Financial Advisors LLC now owns 186,126 shares of the pipeline company’s stock worth $3,374,000 after purchasing an additional 5,200 shares during the period. Institutional investors own 38.22% of the company’s stock.

Insider Transactions at Energy Transfer

In other news, Director Kelcy L. Warren purchased 1,000,000 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were purchased at an average price of $16.95 per share, with a total value of $16,950,000.00. Following the purchase, the director directly owned 104,577,803 shares of the company’s stock, valued at $1,772,593,760.85. This trade represents a 0.97% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 3.28% of the company’s stock.

Energy Transfer Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 19th. Stockholders of record on Friday, February 6th will be given a dividend of $0.335 per share. This is a positive change from Energy Transfer’s previous quarterly dividend of $0.33. This represents a $1.34 annualized dividend and a dividend yield of 7.4%. The ex-dividend date of this dividend is Friday, February 6th. Energy Transfer’s payout ratio is currently 106.40%.

Key Headlines Impacting Energy Transfer

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

• Positive Sentiment: Unusually large call-option buying — Investors purchased ~1,035,701 call options on ET on Thursday, a ~2,076% jump versus the average daily call volume (47,587). Heavy call buying often signals bullish speculation or positioning ahead of catalysts (earnings, distribution/news) and can drive near-term upside pressure on the shares.
• Positive Sentiment: Consensus-upside from US Capital Advisors — Analyst J. Carreker raised multiple quarterly and annual EPS forecasts across FY2025–FY2027 (examples: FY2026 to $1.34 from $1.21; FY2027 to $1.43 from $1.25; several quarterly raises to mid-$0.30s). These raise the firm’s outlook closer to consensus ($1.46), signaling improving fundamentals or margin expectations that could support the stock over the next several quarters.
• Neutral Sentiment: Valuation and growth analysis after distribution hike — Recent coverage examines ET’s valuation following a distribution increase and a multi‑billion dollar growth plan; this frames upside drivers but also focuses attention on capital deployment and returns, which may lead to mixed investor reactions depending on execution risk. Assessing Energy Transfer (ET) Valuation After Its Latest Distribution Hike And Multi Billion Dollar Growth Plan
• Negative Sentiment: Relative underperformance vs. peers — Coverage notes ET underperformed competitors on a recent trading day despite daily gains, which can pressure sentiment if investors prefer peer exposure or view ET as lagging operationally or on guidance. Energy Transfer LP stock underperforms Tuesday when compared to competitors despite daily gains

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.