Energy Transfer LP

ET: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Energy Transfer Earnings: Increased EBITDA Guidance With Market Focused On Gas

Adam Baker

Feb 17, 2026

Management raised 2026 guidance by $150 million to a midpoint of $17.6 billion, tied to an acquisition in the USAC partnership. Growth investment is expected to focus on natural gas, and we see ample financial capacity to participate.

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Energy Transfer LP

Energy Transfer Earnings: Increased EBITDA Guidance With Market Focused On Gas

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