Energy Transfer LP (ET)
About Energy Transfer LP
Energy Transfer is a diversified midstream firm operating from wellhead to consuming demand. It handles natural gas, natural gas liquids, crude oil, and refined products. Commodities are moved through its network of field-level gathering and processing to refineries and demand centers. Operations are concentrated in Texas and the midcontinent United States. It also controls Sunoco and USA Compression through its general partner relationship.
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American Credentials
Each credential is independently reviewed before it’s awarded · last reviewed Jun 9, 2026. How this is verified →
Financial summary
- Revenue FY2025
- $85.5B
- Net income
- $4.4B
- Total assets
- $141.3B
- Market cap
- $66.7B
- Gross margin
- 25.8%
- Operating margin
- 10.6%
- Net margin
- 6.7%
Source: SEC EDGAR · updated Jun 8, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $85.5B
- Cost of revenue
- $63.5B
- Gross profit
- $22.0B
- Operating expenses
- $13.0B
- Operating income
- $9.0B
- Income tax
- $350.0M
- Net income
- $5.7B
Balance sheet
- Total assets
- $141.3B
- Current assets
- $18.2B
- Total liabilities
- $92.3B
- Current liabilities
- $15.0B
- Shareholders’ equity
- $49.0B
Cash flow
- Operating cash flow
- $10.1B
- Investing cash flow
- -$8.4B
- Financing cash flow
- -$816.0M
- Net cash flow
- $960.0M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $66.7B
- Dividend yield
- 6.63%
- Shares outstanding
- 3.3B
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Feb 3, 2006
Energy Transfer LP (ET) Stock Price
- Profitable — net income of $4.4B in FY2025.
- Revenue grew 120% from FY2020 to FY2025.
- Gross margin of 25.8%, net margin 6.7%.
- Trading near its 52-week high.
- Pays a dividend yielding about 6.63% annually.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about Energy Transfer LP
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Energy Transfer LP: frequently asked questions
Is Energy Transfer LP an American company?
Yes — Energy Transfer LP is an American company headquartered in Dallas, Texas. Its American-origin credentials have been independently reviewed and verified by americancompanies.com.
Where is Energy Transfer LP headquartered?
Energy Transfer LP is headquartered in Dallas, Texas, United States.
Is Energy Transfer LP publicly traded?
Yes — Energy Transfer LP is a publicly traded company. Its stock trades under the ticker symbol ET on the NYSE.
What does Energy Transfer LP do?
Energy Transfer LP is an American Utilities company in the Energy & Utilities sector.