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 disclosures by fund managers ($100M+ AUM)
205% more first-time investments, than exits
New positions opened: 168 | Existing positions closed: 55
67% more repeat investments, than reductions
Existing positions increased: 472 | 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]
9% more funds holding
Funds holding: 1,089 [Q3] → 1,182 (+93) [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 64% 1-year accuracy 21 / 33 met price target | 33%upside $23 | Outperform Reiterated | 25 Mar 2025 |
Morgan Stanley Robert Kad 53% 1-year accuracy 9 / 17 met price target | 51%upside $26 | Overweight Maintained | 25 Mar 2025 |
Citigroup Spiro Dounis 66% 1-year accuracy 21 / 32 met price target | 27%upside $22 | Buy Maintained | 25 Feb 2025 |
Stifel Selman Akyol 76% 1-year accuracy 16 / 21 met price target | 33%upside $23 | Buy Maintained | 12 Feb 2025 |
Financial journalist opinion
Based on 58 articles about ET published over the past 30 days









