Energy Transfer LP (ET) to Issue Quarterly Dividend of $0.34 on August 19th

Energy Transfer LP (NYSE:ET) announced a quarterly dividend on Monday, July 27th. Investors of record on Friday, August 7th will be given a dividend of 0.34 per share by the pipeline company on Wednesday, August 19th. This represents a c) dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend is Friday, August 7th. This is a 0.7% increase from Energy Transfer’s previous quarterly dividend of $0.34.

Energy Transfer has raised its dividend by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 4 consecutive years. Energy Transfer has a dividend payout ratio of 87.2% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Research analysts expect Energy Transfer to earn $1.53 per share next year, which means the company should continue to be able to cover its $1.36 annual dividend with an expected future payout ratio of 88.9%.

Energy Transfer Stock Performance

Energy Transfer stock opened at $20.39 on Wednesday. The company has a market capitalization of $70.15 billion, a PE ratio of 16.99, a P/E/G ratio of 1.16 and a beta of 0.55. The firm has a fifty day simple moving average of $19.57 and a two-hundred day simple moving average of $19.15. The company has a quick ratio of 0.93, a current ratio of 1.17 and a debt-to-equity ratio of 1.50. Energy Transfer has a twelve month low of $16.18 and a twelve month high of $20.70.

Energy Transfer (NYSE:ET) last issued its earnings results on Tuesday, August 4th. The pipeline company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.21. Energy Transfer had a net margin of 4.66% and a return on equity of 9.77%. The firm had revenue of $34.33 billion for the quarter, compared to analysts’ expectations of $27.71 billion. During the same quarter last year, the business earned $0.32 earnings per share. The business’s revenue was up 78.4% on a year-over-year basis. Research analysts expect that Energy Transfer will post 1.44 EPS for the current year.

Energy Transfer News Summary

Here are the key news stories impacting Energy Transfer this week:

• Positive Sentiment: Q2 earnings significantly exceeded expectations. Energy Transfer reported $0.59 in earnings per common unit versus the $0.38 analyst consensus. Revenue rose 78.4% year over year to $34.33 billion, above the $27.71 billion estimate, while net income attributable to partners increased to $2.09 billion from $1.16 billion. Energy Transfer earnings report
• Positive Sentiment: Management raised its 2026 adjusted EBITDA guidance to $18.8 billion-$19.1 billion, signaling confidence in continued operating momentum. Second-quarter adjusted EBITDA rose 31% to $5.07 billion, and adjusted distributable cash flow increased 32% to $2.59 billion. Energy Transfer Q2 earnings call highlights
• Positive Sentiment: Volume growth was broad-based. NGL transportation volumes increased 13%, NGL exports jumped 25% and crude transportation volumes rose 4% from the prior-year quarter. Strong throughput and export demand support Energy Transfer’s fee-based midstream cash flows. Energy Transfer Q2 earnings beat
• Positive Sentiment: The partnership maintained its quarterly distribution at $0.34 per common unit, equivalent to $1.36 annually. At the reported share price, that represents an annualized yield of roughly 6.7%, supporting the stock’s appeal to income-focused investors. Energy Transfer second-quarter results
• Neutral Sentiment: Energy Transfer plans approximately $5.6 billion-$5.9 billion in 2026 growth capital spending. The investment may expand future earnings capacity, but it also underscores the partnership’s substantial capital requirements and leverage.
• Negative Sentiment: Broader energy-sector weakness, with the NYSE Energy Sector Index down 0.9% late Tuesday, provided a headwind and may limit ET’s near-term gains despite its company-specific earnings strength. Energy sector update

About Energy Transfer

Energy Transfer (NYSE: ET) is a Dallas-based midstream energy company that develops and operates infrastructure for the transportation, storage and processing of hydrocarbons. The company’s operations focus on moving and storing natural gas, natural gas liquids (NGLs), crude oil and refined products through an integrated network of pipelines, terminals, storage facilities and processing plants. Energy Transfer provides core midstream services such as gathering, compression, fractionation, processing, and bulk transportation to support production and downstream supply chains.

Its asset base spans an extensive network across the United States, connecting producing regions, processing centers, petrochemical hubs and coastal and inland markets.