Energy Transfer L.P.

ET Utilities Natural Gas Distribution

$19.39

▼ -1.2% Today

as of Jun 7, 07:14 ET

Last 30 days -0.10% Apr 28 → Jun 05

Open

$19.56

High

$19.68

Low

$19.38

Volume

$12M

Avg Vol

$14M

Mkt Cap

$66.8B

P/E (TTM)

—

Beta

—

52w High

$20.70

52w Low

$16.18

Div Yield

—

Shares Out

—

Overview

52-week range

$16

$21

71% of range

Avg surprise (last 2)

+0.6%

Avg reaction (last 2)

-0.4%

50% positive

Latest IV / EM

25%

EM ±2.3% · $20 · Jun 12

Earnings trends

EPS — actual vs estimate Actual Estimate

Revenue vs Net Income Revenue Net income

Earnings history

Date	Period	Actual EPS	Est	Surprise	YoY %Δ	Day react	Source
Tue May 5, 2026	Mar/2026	$0.35	$0.38	-7.9%	-2.8%	+1.5%	earnings
Tue May 6, 2025	Mar/2025	$0.36	$0.33	+9.1%	—	-2.3%	earnings

Financials

Income statement (quarterly)

Metric	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024
Revenue	$27.77B	—	$19.95B	$19.24B	$21.02B	—	$20.77B	$20.73B
Cost of revenue	$21.15B	—	$14.56B	$13.95B	$15.57B	—	$15.61B	$15.61B
Gross profit	—	—	—	—	—	—	—	—
Operating income	$2.98B	—	$2.15B	$2.31B	$2.49B	—	$2.18B	$2.30B
Net income	$1.25B	—	$1.02B	$1.16B	$1.32B	—	$1.18B	$1.31B
EPS (diluted)	—	—	—	—	—	—	—	—

Balance sheet (quarterly)

Metric	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024
Cash & equivalents	—	—	$3.57B	$242M	—	$312M	—	—
Inventory	$4.64B	$4.77B	$3.27B	$2.79B	$2.79B	$3.07B	$2.50B	$2.62B
Total current assets	$22.26B	$18.23B	$17.44B	$13.67B	$15.24B	$14.20B	$13.34B	$13.41B
Total assets	$147.48B	$141.29B	$129.33B	$125.02B	$126.42B	$125.38B	$124.43B	$121.34B
Long-term debt	$69.32B	$68.31B	$63.10B	$60.75B	$59.78B	$59.75B	$58.99B	$57.36B
Total liabilities	—	—	—	—	—	—	—	—
Total equity	$49.74B	$49.01B	$45.34B	$45.53B	$46.16B	$46.02B	$46.18B	$45.47B