Energy Transfer (NYSE:ET) Raised to “Buy” at Wall Street Zen

Energy Transfer (NYSE:ET) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Saturday.

A number of other equities analysts also recently issued reports on ET. Raymond James Financial reiterated a “strong-buy” rating on shares of Energy Transfer in a research note on Wednesday, May 6th. Morgan Stanley boosted their price objective on shares of Energy Transfer from $21.00 to $23.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 27th. Scotiabank restated an “outperform” rating on shares of Energy Transfer in a report on Tuesday, May 12th. TD Cowen restated a “buy” rating and set a $24.00 target price (up from $23.00) on shares of Energy Transfer in a report on Thursday, July 16th. Finally, Zacks Research raised Energy Transfer from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 13th. Three analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $23.67.

Energy Transfer Stock Performance

ET stock opened at $20.14 on Friday. Energy Transfer has a 1-year low of $16.18 and a 1-year high of $20.81. The business has a 50-day moving average price of $19.63 and a 200 day moving average price of $19.22. The company has a market capitalization of $69.29 billion, a P/E ratio of 13.70, a PEG ratio of 1.98 and a beta of 0.55. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.16 and a quick ratio of 0.94.

Energy Transfer (NYSE:ET) last posted its earnings results on Tuesday, August 4th. The pipeline company reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.21. Energy Transfer had a net margin of 4.87% and a return on equity of 11.55%. The business had revenue of $34.33 billion for the quarter, compared to the consensus estimate of $27.71 billion. During the same quarter last year, the firm posted $0.32 EPS. The company’s revenue for the quarter was up 78.4% on a year-over-year basis. As a group, equities research analysts forecast that Energy Transfer will post 1.52 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Basepoint Wealth LLC acquired a new stake in Energy Transfer in the fourth quarter valued at approximately $25,000. Gables Capital Management Inc. increased its position in shares of Energy Transfer by 60.0% during the fourth quarter. Gables Capital Management Inc. now owns 1,600 shares of the pipeline company’s stock worth $26,000 after purchasing an additional 600 shares in the last quarter. Cassaday & Co Wealth Management LLC acquired a new position in shares of Energy Transfer during the first quarter worth $35,000. Sarver Vrooman Wealth Advisors purchased a new stake in shares of Energy Transfer during the 4th quarter valued at $32,000. Finally, Financial Life Planners purchased a new stake in shares of Energy Transfer during the 1st quarter valued at $40,000. Institutional investors own 38.22% of the company’s stock.

Trending Headlines about Energy Transfer

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

• Positive Sentiment: Strong second-quarter results and higher distribution: Energy Transfer reported second-quarter 2026 sales of $34.33 billion and net income of $2.09 billion, while earnings per unit exceeded expectations. The partnership also raised its quarterly cash distribution to $0.34 per common unit, reinforcing its income appeal. Did Strong Q2 Results and a Higher Payout Just Shift Energy Transfer’s Investment Narrative?
• Positive Sentiment: Growth outlook remains constructive: Analysts point to rising NGL exports, high pipeline and fractionator utilization, multi-year export commitments, and an accelerated capital-spending program as drivers of future EBITDA and distribution growth. Management continues to target roughly 3%–5% annual distribution growth while maintaining leverage near 4.0–4.5 times EBITDA. Energy Transfer Is Now Finally Firing on All Growth Cylinders
• Positive Sentiment: Value and income appeal: Zacks identified ET as a highly ranked value stock, while other coverage emphasized its approximately 6.6% distribution yield and improving profits. The combination of valuation support, cash income, and recent earnings beats could attract yield-focused investors. Energy Transfer Is a Top-Ranked Value Stock
• Negative Sentiment: Natural-gas market weakness: Natural-gas futures fell after a larger-than-expected storage build. Lower commodity prices can weigh on sentiment toward energy companies, although Energy Transfer’s fee-based pipeline, storage, and NGL businesses help reduce its direct exposure to gas-price volatility. Nat-Gas Prices Tumble on a Larger-Than-Expected Storage Build

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.