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 totals 130,000 miles. It also owns gathering and processing facilities, one of the largest fractionation facilities in the US, fuel distribution assets, and the Lake Charles gas liquefaction facility. It combined its publicly traded limited and general partnerships in October 2018.
Employees: 13,786
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
196% more first-time investments, than exits
New positions opened: 166 | Existing positions closed: 56
67% more repeat investments, than reductions
Existing positions increased: 471 | Existing positions reduced: 282
55% more call options, than puts
Call options by funds: $744M | Put options by funds: $481M
22% more capital invested
Capital invested by funds: $18.6B [Q3] → $22.7B (+$4.08B) [Q4]
20% more funds holding in top 10
Funds holding in top 10: 64 [Q3] → 77 (+13) [Q4]
8% more funds holding
Funds holding: 1,088 [Q3] → 1,177 (+89) [Q4]
1.11% less ownership
Funds ownership: 34.52% [Q3] → 33.4% (-1.11%) [Q4]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
RBC Capital Elvira Scotto 91% 1-year accuracy 31 / 34 met price target | 23%upside $23 | Outperform Reiterated | 25 Mar 2025 |
Morgan Stanley Robert Kad 71% 1-year accuracy 12 / 17 met price target | 39%upside $26 | Overweight Maintained | 25 Mar 2025 |
Citigroup Spiro Dounis 84% 1-year accuracy 26 / 31 met price target | 18%upside $22 | Buy Maintained | 25 Feb 2025 |
Stifel Selman Akyol 88% 1-year accuracy 23 / 26 met price target | 23%upside $23 | Buy Maintained | 12 Feb 2025 |
Barclays Theresa Chen 38% 1-year accuracy 12 / 32 met price target | 34%upside $25 | Overweight Maintained | 13 Jan 2025 |
Financial journalist opinion
Based on 53 articles about ET published over the past 30 days









