Energy Transfer (ET) News Today

Energy Transfer LP (ET) shares faced pressure as investors weighed a third-quarter earnings-per-unit miss against stronger cash generation and raised guidance. The cash-flow and growth outlook offer support, but the EPS shortfall may be driving near-term caution.

• Positive Sentiment: Energy Transfer raised its 2026 adjusted EBITDA outlook to $19.7–$19.9 billion. Third-quarter distributable cash flow rose 33% year over year to $2.52 billion, covering distributions at a 48% payout ratio and supporting the recently increased quarterly distribution of $0.3425. Article: Energy Transfer's Earnings Miss May Be Hiding Its Strongest Advantage
• Positive Sentiment: Jefferies raised its price target to $25, while the company’s gas-demand outlook and expansion plans—including a $1.6 billion South Mississippi pipeline and roughly $7 billion in planned 2027 growth spending—highlight potential for future growth. Article: Energy Transfer PT Raised to $25 at Jefferies Article: Energy Transfer sanctions South Mississippi pipeline project
• Neutral Sentiment: Traders bought about 118,838 ET call options, roughly 277% above typical daily volume. This indicates increased options activity, though it does not establish the direction of future share performance.
• Negative Sentiment: Third-quarter EPS was $0.33, below the $0.40 consensus estimate. Despite revenue of $37.1 billion topping expectations, the earnings miss may have prompted short-term selling. Article: Energy Transfer Q3 Earnings Miss Estimates Despite Record Gas Volumes