Energy Transfer Partners
About: Energy Transfer owns one of the largest portfolios of crude oil, natural gas, and natural gas liquid assets in the US, primarily in Texas and the US midcontinent region. Its pipeline network includes more than 12,000 miles of intrastate pipelines and 20,000 miles of interstate pipelines. It also owns gathering, processing, and storage facilities in the largest US oil and gas producing regions. Other businesses include a network of natrual gas liquids and refined products facilities, 18,000 miles of crude oil pipelines, and the Lake Charles gas liquefaction facility. Energy Transfer combined its publicly traded limited and general partnerships in October 2018.
Employees: 16,248
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
202% more first-time investments, than exits
New positions opened: 166 | Existing positions closed: 55
67% more repeat investments, than reductions
Existing positions increased: 473 | Existing positions reduced: 283
55% more call options, than puts
Call options by funds: $744M | Put options by funds: $481M
25% more capital invested
Capital invested by funds: $18.1B [Q3] → $22.7B (+$4.54B) [Q4]
20% more funds holding in top 10
Funds holding in top 10: 64 [Q3] → 77 (+13) [Q4]
8% more funds holding
Funds holding: 1,090 [Q3] → 1,181 (+91) [Q4]
0.25% less ownership
Funds ownership: 33.65% [Q3] → 33.41% (-0.25%) [Q4]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
RBC Capital Elvira Scotto 67% 1-year accuracy 22 / 33 met price target | 39%upside $23 | Outperform Reiterated | 25 Mar 2025 |
Morgan Stanley Robert Kad 53% 1-year accuracy 9 / 17 met price target | 57%upside $26 | Overweight Maintained | 25 Mar 2025 |
Citigroup Spiro Dounis 40% 1-year accuracy 6 / 15 met price target | 33%upside $22 | Buy Maintained | 25 Feb 2025 |
Stifel Selman Akyol 86% 1-year accuracy 18 / 21 met price target | 39%upside $23 | Buy Maintained | 12 Feb 2025 |
Financial journalist opinion
Based on 63 articles about ET published over the past 30 days









