How to Buy Energy Transfer Stock
Energy Transfer LP
Energy Transfer LP provides energy-related services. The company owns and operates approximately 9,400 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and 12,500 miles of interstate natural gas pipelines.
Energy Transfer stock last closed at $20.41, down 1.02% from the previous day, and has increased 22.8% in one year. It has underperformed other stocks in the Oil & Gas Midstream industry by 0.1 percentage points. Energy Transfer stock is currently +26.14% from its 52-week low of $16.18, and -6.55% from its 52-week high of $21.84.
There are currently 3.44B ET shares outstanding. The market value of ET is $70.28B. In the past 24 hours, 6.31M ET shares were traded.
How to Buy Energy Transfer Stock
Wondering how to invest in Energy Transfer stock? Here's how.
- Figure out where to buy Energy Transfer stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Energy Transfer stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Choose your method of payment and add your information.
- Research Energy Transfer stock: The Energy Transfer ticker symbol is ET. Is Energy Transfer stock a good investment? Should you buy shares of ET? How do ET's underlying business fundamentals look? Do top analysts think Energy Transfer is a good buy? Why has ET's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if ET is a good stock to buy).
- Make your ET buy order: Decide if you will purchase ET shares at the current market price or use a limit order to buy ET stock at a specific price.
- Keep an eye on your ET investment: Create a watchlist to track your position in Energy Transfer shares.
Step 1: Figure out where to buy Energy Transfer stock
You need a brokerage account in order to access the TXSE market and buy ET shares.
Our recommended brokerage: eToro
In our opinion, eToro is the best online stock brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to global financial markets: From Tech to Financial Services, New York to Hong Kong (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's top exchanges.
- Social investing: eToro boasts a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by opening an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal details so you are able to invest in ET stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start your new trading account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have opened your account on stock market app, your next step is to transfer the money for your investment:
Check out the video below to see the process of depositing funds into your brokerage account.
Step 4: Research Energy Transfer stock
Once you have chosen the best place to buy Energy Transfer stock, it's absolutely critical to analyze their stock prior to investing, so you can wrap your head around the risk as well as the upside.
Energy Transfer quick stats
ET Fundamentals
WallStreetZen was designed to help average investors perform better fundamental analysis.
You can see all of the due diligence checks on ET's stock page.
How is ET stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge ET's true value.
Using relative valuations methods:
- ET may be undervalued based on its P/E ratio of 13.79x, relative to Oil & Gas Midstream industry P/E ratio of 53.32x
- ET may be undervalued based on its P/B ratio of 1.99x, relative to Oil & Gas Midstream industry P/B ratio of 3.18x
- ET could be overvalued based on its PEG ratio of 1.78x
You can access additional valuation analysis on ET's stock here.
ET Financial Summary
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the ET balance sheet.
Negative Financial Indicators:
- ET earnings of $9.53B is not enough to cover its interest payments.
- Total ET debt is higher than 5 years ago, relative to shareholder equity.
- ET profit margin has gone down from 5.5% to 4.7% in the past year.
- There are more long-term liabilities than short-term assets on the ET balance sheet.
- ET's operating cash flow of $12.12B allows it to safely service it's debt of $70.24B.
- ET has a relatively high debt to equity ratio of 2.76.
Do analysts think it's a good time to buy Energy Transfer stock
Out of 10 Equities analysts who give forecasts on ET, the consensus analyst rating on ET is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent ET Analyst Ratings
Spiro Dounis, a top 7% analyst from Citigroup maintains ET with a strong buy rating and raises their ET price target from $23.00 to $24.00, on Aug 7, 2026.
Citigroup's Spiro Dounis raised their price target on Energy Transfer (NYSE: ET) by 4.3% from $23 to $24 on 2026/08/08. The analyst maintained their Strong Buy rating on the stock.
Energy Transfer LP reported its Q2 2026 earnings.
Raising their price target, Dounis said they pushed up their free cash flow estimate on the strength of the "beat-and-raise quarter."
Earnings Report
For Q2 2026, Energy Transfer LP reported:
- EPS of $0.59, which beat the Zacks Consensus Estimate of $0.39 and Q2 2025's $0.32.
- Revenue of $34.33B, which beat the Zacks Consensus Estimate of $31.09B and was up 78.4% Y/Y.
Management did not provide revenue or earnings guidance in its press release. Nor was commentary provided.
Theresa Chen, a top 3% analyst from Barclays maintains ET with a strong buy rating and raises their ET price target from $23.00 to $24.00, on Aug 5, 2026.
Elvira Scotto, a top 13% analyst from RBC Capital maintains ET with a buy rating and raises their ET price target from $21.00 to $23.00, on Jul 21, 2026.
Brandon Bingham, a top 11% analyst from ScotiaBank maintains ET with a buy rating and raises their ET price target from $22.00 to $24.00, on May 12, 2026.
Selman Akyol, a top 12% analyst from Stifel Nicolaus maintains ET with a strong buy rating and raises their ET price target from $23.00 to $25.00, on May 6, 2026.
You can dig deeper into what analysts are forecasting on the Energy Transfer stock forecast page.
ET Earnings
Last year, ET earnings were $5.05B. In the last 5 year, ET's earnings have grown by 1.56% per year. This was slower than the Oil & Gas Midstream industry average of 17.05%.
Last year, ET revenue was $107.38B. Over the last 5 year, ET's revenue has grown by 15.57% per year. This was faster than the Oil & Gas Midstream industry average of 13.7%.
You can research ET's earnings and revenue performance here.
Are ET executives and large shareholders buying or selling the stock?
In the past year, insiders at ET have bought more shares than they have sold.
Kelcy L. Warren, Director of ET, was the latest ET insider to buy. They bought $13,775,799.68 worth of ET stock on Aug 19, 2026.
Learn more about who owns ET stock here.
Does ET stock generate passive income?
Energy Transfer pays a dividend of 6.6%, compared to the Oil & Gas Midstream industry's average dividend yield of 4.73%. If you owned $1,000 of ET stock, you would have received $66.05 last year.
Energy Transfer dividend payments have consistently grown over the past decade but have not remained stable.
Get more info about Energy Transfer dividend yield and history here.
Get opinions from other traders
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your ET buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount limit, use a limit order.
Press the Open Trade button and eToro will place the order.
If you need more assistance investing in stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your ET investment
Now that you own some ET stock, you'll want to stay up-to-date on your investment.
Put ET on a watchlist to get notified of important updates regarding your ET stock.
ET Feed
How to Buy Stock in Energy Transfer
To summarize, here are the 6 steps to buy stock in Energy Transfer:
- Figure out where to buy Energy Transfer stock
- Sign up for your brokerage account
- Fund your brokerage account
- Research Energy Transfer stock
- Make your ET buy order
- Keep an eye on your ET investment
If you require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to watch your investment in Energy Transfer, hit the button below to create your watchlist.
Trending "How To" Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.