Energy Transfer LP (ET) Stock Forecast, Price Target & Predictions
ET Stock Forecast
Energy Transfer LP stock forecast is as follows: an average price target of $16.40 (represents a -14.00% downside from ET’s last price of $19.07) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
ET Price Target
The average price target for Energy Transfer LP (ET) is $16.40 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $20.00 to $13.00. This represents a potential -14.00% downside from ET's last price of $19.07.
ET Analyst Ratings
According to 8 Wall Street analysts, Energy Transfer LP's rating consensus is 'Buy'. The analyst rating breakdown for ET stock is 0 'Strong Buy' (0.00%), 7 'Buy' (87.50%), 1 'Hold' (12.50%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Energy Transfer LP Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 17, 2024 | Jean Ann Salisbury | Bank of America Securities | - | - | 21.95% | 4.88% |
| Jun 18, 2024 | Gabriel Moreen | Mizuho Securities | - | - | 29.20% | 4.88% |
| May 14, 2024 | John Mackay | Goldman Sachs | - | - | -5.48% | -21.34% |
| May 09, 2024 | Selman Akyol | Stifel Nicolaus | - | - | 16.92% | -0.37% |
| Apr 18, 2024 | Gabriel Moreen | Mizuho Securities | - | - | 24.75% | -0.37% |
| Jul 18, 2023 | Gabriel Moreen | Mizuho Securities | - | - | 37.25% | -5.61% |
| Jul 31, 2022 | Theresa Chen | Barclays | - | - | 14.94% | -31.83% |
| May 06, 2022 | Robert Kad | Morgan Stanley | - | - | 26.26% | -21.34% |
| May 05, 2022 | Shneur Gershuni | UBS | - | - | 68.35% | 4.88% |
| Feb 18, 2022 | Selman Akyol | Stifel Nicolaus | - | - | 49.25% | -21.34% |
The latest Energy Transfer LP stock forecast, released on Oct 17, 2024 by Jean Ann Salisbury from Bank of America Securities, set a price target of $20.00, which represents a 21.95% increase from the stock price at the time of the forecast ($16.40), and a 4.88% increase from ET last price ($19.07).
Energy Transfer LP Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 5 |
| Avg Price Target | - | $20.00 | $18.60 |
| Last Closing Price | $19.07 | $19.07 | $19.07 |
| Upside/Downside | -100.00% | 4.88% | -2.46% |
In the current month, the average price target of Energy Transfer LP stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Energy Transfer LP's last price of $19.07. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 16, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Aug 12, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Jun 24, 2024 | Needham | Buy | Initialise | |
| Jun 10, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| May 14, 2024 | Goldman Sachs | Neutral | Neutral | Hold |
| May 04, 2023 | CFRA | Buy | Upgrade | |
| Jul 31, 2022 | Barclays | Overweight | Overweight | Hold |
| Apr 26, 2022 | Morgan Stanley | Overweight | Overweight | Hold |
| May 13, 2021 | Credit Suisse | Outperform | Outperform | Hold |
| May 13, 2021 | Wells Fargo | Overweight | Upgrade |
Energy Transfer LP's last stock rating was published by RBC Capital on Oct 16, 2024. The company gave ET a "Outperform" rating, the same as its previous rate.
Energy Transfer LP Financial Forecast
Energy Transfer LP Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $20.53B | $20.74B | $18.32B | $19.00B | $20.50B | $22.94B | $25.95B | $20.49B | $18.66B | $16.66B | $15.10B | $17.00B | $10.03B | $9.96B | $7.34B | $11.63B | $13.72B | $13.49B |
| Avg Forecast | $27.55B | $27.21B | $26.84B | $26.31B | $25.43B | $24.73B | $23.98B | $23.90B | $21.80B | $21.59B | $22.01B | $20.91B | $21.46B | $20.92B | $20.40B | $21.49B | $24.19B | $24.75B | $20.40B | $18.79B | $16.62B | $15.01B | $14.92B | $11.71B | $10.52B | $10.15B | $11.62B | $13.44B | $13.47B | $13.87B |
| High Forecast | $27.84B | $27.50B | $27.12B | $26.59B | $25.70B | $24.99B | $24.23B | $24.13B | $21.85B | $22.08B | $22.01B | $20.91B | $22.20B | $22.91B | $20.62B | $21.71B | $24.45B | $24.75B | $20.40B | $18.79B | $16.62B | $15.01B | $14.92B | $11.71B | $10.52B | $10.15B | $11.62B | $13.44B | $13.47B | $13.87B |
| Low Forecast | $27.14B | $26.81B | $26.44B | $25.92B | $25.05B | $24.36B | $23.62B | $23.68B | $21.73B | $21.10B | $22.01B | $20.91B | $20.71B | $18.27B | $20.10B | $21.17B | $23.83B | $24.75B | $20.40B | $18.79B | $16.62B | $15.01B | $14.92B | $11.71B | $10.52B | $10.15B | $11.62B | $13.44B | $13.47B | $13.87B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 15 | 9 | 9 | 16 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 0.99% | 0.90% | 0.88% | 0.85% | 0.93% | 1.27% | 1.09% | 1.12% | 1.11% | 1.01% | 1.45% | 0.95% | 0.98% | 0.63% | 0.87% | 1.02% | 0.97% |
Energy Transfer LP's average Quarter revenue forecast for Mar 24 based on 1 analysts is $20.91B, with a low forecast of $20.91B, and a high forecast of $20.91B. ET's average Quarter revenue forecast represents a 1.83% increase compared to the company's last Quarter revenue of $20.53B (Dec 23).
Energy Transfer LP EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 15 | 9 | 9 | 16 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $1.85B | $1.14B | $1.44B | $2.16B | $2.08B | $2.01B | $2.16B | $2.22B | $2.40B | $2.21B | $2.21B | $4.91B | $2.25B | $740.00M | $1.97B | $642.00M | $2.38B | $2.25B |
| Avg Forecast | $5.08B | $5.02B | $4.95B | $4.85B | $4.69B | $4.56B | $4.42B | $4.41B | $4.02B | $3.98B | $4.06B | $2.91B | $3.96B | $3.86B | $3.76B | $2.64B | $2.34B | $3.44B | $2.83B | $2.40B | $2.31B | $2.08B | $2.07B | $8.40B | $1.46B | $1.41B | $1.61B | $-601.36M | $1.87B | $1.93B |
| High Forecast | $5.14B | $5.07B | $5.00B | $4.90B | $4.74B | $4.61B | $4.47B | $4.45B | $4.03B | $4.07B | $4.06B | $3.49B | $4.09B | $4.23B | $3.80B | $3.17B | $2.81B | $3.44B | $2.83B | $2.88B | $2.31B | $2.08B | $2.07B | $10.08B | $1.46B | $1.41B | $1.61B | $-481.09M | $1.87B | $1.93B |
| Low Forecast | $5.01B | $4.95B | $4.88B | $4.78B | $4.62B | $4.49B | $4.36B | $4.37B | $4.01B | $3.89B | $4.06B | $2.33B | $3.82B | $3.37B | $3.71B | $2.11B | $1.87B | $3.44B | $2.83B | $1.92B | $2.31B | $2.08B | $2.07B | $6.72B | $1.46B | $1.41B | $1.61B | $-721.64M | $1.87B | $1.93B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.47% | 0.29% | 0.38% | 0.82% | 0.89% | 0.58% | 0.76% | 0.93% | 1.04% | 1.06% | 1.07% | 0.58% | 1.54% | 0.53% | 1.22% | -1.07% | 1.27% | 1.17% |
1 analysts predict ET's average Quarter EBITDA for Mar 24 to be $2.91B, with a high of $3.49B and a low of $2.33B. This is 57.45% upper than Energy Transfer LP's previous annual EBITDA (Dec 23) of $1.85B.
Energy Transfer LP Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 15 | 9 | 9 | 16 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $1.33B | $584.00M | $911.00M | $1.11B | $1.16B | $1.01B | $1.33B | $1.27B | $1.23B | $635.00M | $626.00M | $3.29B | $636.00M | $-782.00M | $353.00M | $-855.00M | $1.01B | $832.00M |
| Avg Forecast | $1.86B | $1.72B | $1.70B | $1.56B | $1.34B | $1.17B | $1.12B | $1.22B | $1.25B | $1.14B | $1.20B | $1.30B | $1.16B | $1.15B | $1.09B | $1.18B | $896.20M | $1.28B | $1.20B | $1.07B | $913.64M | $918.83M | $884.95M | $5.63B | $893.67M | $842.04M | $912.01M | $-2.29B | $1.23B | $1.29B |
| High Forecast | $1.88B | $1.75B | $1.73B | $1.58B | $1.36B | $1.19B | $1.13B | $1.39B | $1.57B | $1.18B | $1.20B | $1.55B | $1.32B | $1.39B | $1.10B | $1.41B | $1.08B | $1.28B | $1.20B | $1.28B | $913.64M | $918.83M | $884.95M | $6.76B | $893.67M | $842.04M | $912.01M | $-1.83B | $1.23B | $1.29B |
| Low Forecast | $1.82B | $1.69B | $1.67B | $1.53B | $1.32B | $1.15B | $1.09B | $1.04B | $1.07B | $1.09B | $1.20B | $1.04B | $960.92M | $846.57M | $1.07B | $942.23M | $716.96M | $1.28B | $1.20B | $856.58M | $913.64M | $918.83M | $884.95M | $4.51B | $893.67M | $842.04M | $912.01M | $-2.74B | $1.23B | $1.29B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.14% | 0.51% | 0.84% | 0.94% | 1.29% | 0.79% | 1.10% | 1.19% | 1.35% | 0.69% | 0.71% | 0.58% | 0.71% | -0.93% | 0.39% | 0.37% | 0.82% | 0.65% |
Energy Transfer LP's average Quarter net income forecast for Mar 24 is $1.30B, with a range of $1.04B to $1.55B. ET's average Quarter net income forecast represents a -2.37% decrease compared to the company's last Quarter net income of $1.33B (Dec 23).
Energy Transfer LP SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 15 | 9 | 9 | 16 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $285.00M | $234.00M | $228.00M | $238.00M | $216.00M | $361.00M | $211.00M | $230.00M | $235.00M | $198.00M | $184.00M | $201.00M | $156.00M | $176.00M | $175.00M | $204.00M | $195.00M | $173.00M |
| Avg Forecast | $369.43M | $364.94M | $359.94M | $352.84M | $341.01M | $331.64M | $321.54M | $320.54M | $292.28M | $289.45M | $295.12M | $234.82M | $287.75M | $280.57M | $273.59M | $213.47M | $228.67M | $331.95M | $273.54M | $194.06M | $222.84M | $201.33M | $200.11M | $344.29M | $141.04M | $136.04M | $155.83M | $2.89B | $180.62M | $186.05M |
| High Forecast | $373.30M | $368.75M | $363.70M | $356.53M | $344.58M | $335.11M | $324.90M | $323.56M | $293.00M | $296.02M | $295.12M | $281.78M | $297.63M | $307.27M | $276.45M | $256.16M | $274.41M | $331.95M | $273.54M | $232.88M | $222.84M | $201.33M | $200.11M | $413.15M | $141.04M | $136.04M | $155.83M | $3.47B | $180.62M | $186.05M |
| Low Forecast | $363.92M | $359.49M | $354.57M | $347.57M | $335.92M | $326.69M | $316.74M | $317.53M | $291.44M | $282.88M | $295.12M | $187.85M | $277.75M | $244.99M | $269.51M | $170.78M | $182.94M | $331.95M | $273.54M | $155.25M | $222.84M | $201.33M | $200.11M | $275.43M | $141.04M | $136.04M | $155.83M | $2.32B | $180.62M | $186.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 0.83% | 0.83% | 1.11% | 0.94% | 1.09% | 0.77% | 1.19% | 1.05% | 0.98% | 0.92% | 0.58% | 1.11% | 1.29% | 1.12% | 0.07% | 1.08% | 0.93% |
Energy Transfer LP's average Quarter SG&A projection for Mar 24 is $234.82M, based on 1 Wall Street analysts, with a range of $187.85M to $281.78M. The forecast indicates a -17.61% fall compared to ET last annual SG&A of $285.00M (Dec 23).
Energy Transfer LP EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 15 | 9 | 9 | 16 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.40 | - | $0.29 | $0.32 | $0.34 | $0.29 | $0.40 | $0.38 | $0.44 | $0.23 | $0.23 | $1.22 | $0.24 | $-0.29 | $0.13 | $-0.32 | $0.38 | $0.32 |
| Avg Forecast | $0.54 | $0.50 | $0.49 | $0.45 | $0.39 | $0.34 | $0.32 | $0.35 | $0.36 | $0.33 | $0.35 | $0.37 | $0.34 | $0.33 | $0.32 | $0.37 | $0.39 | $0.38 | $0.35 | $0.30 | $0.27 | $0.27 | $0.26 | $0.28 | $0.26 | $0.25 | $0.27 | $0.33 | $0.36 | $0.38 |
| High Forecast | $0.55 | $0.51 | $0.50 | $0.46 | $0.40 | $0.34 | $0.33 | $0.41 | $0.46 | $0.34 | $0.35 | $0.37 | $0.38 | $0.40 | $0.32 | $0.38 | $0.39 | $0.38 | $0.35 | $0.30 | $0.27 | $0.27 | $0.26 | $0.28 | $0.26 | $0.25 | $0.27 | $0.33 | $0.36 | $0.38 |
| Low Forecast | $0.53 | $0.49 | $0.49 | $0.44 | $0.38 | $0.33 | $0.32 | $0.30 | $0.31 | $0.32 | $0.35 | $0.37 | $0.28 | $0.25 | $0.31 | $0.36 | $0.38 | $0.38 | $0.35 | $0.30 | $0.27 | $0.27 | $0.26 | $0.28 | $0.26 | $0.25 | $0.27 | $0.33 | $0.36 | $0.38 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.19% | - | 0.92% | 0.86% | 0.88% | 0.77% | 1.13% | 1.26% | 1.63% | 0.85% | 0.88% | 4.29% | 0.91% | -1.17% | 0.48% | -0.97% | 1.05% | 0.84% |
According to 1 Wall Street analysts, Energy Transfer LP's projected average Quarter EPS for Mar 24 is $0.37, with a low estimate of $0.37 and a high estimate of $0.37. This represents a -8.20% decrease compared to ET previous annual EPS of $0.40 (Dec 23).
Energy Transfer LP Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ENB | Enbridge | - | - | 2.10% | Hold |
| EPD | Enterprise Products Partners | - | - | -4.45% | Buy |
| PAA | Plains All American Pipeline | - | - | -12.10% | Hold |
| ET | Energy Transfer LP | - | - | -14.00% | Buy |
| MPLX | MPLX LP | - | - | -21.03% | Buy |
| KMI | Kinder Morgan | - | - | -21.73% | Buy |
| OKE | ONEOK | - | - | -28.97% | Buy |
| WMB | Williams Companies | - | - | -30.06% | Buy |