Energy Transfer LP (ET) is a diversified midstream partnership with operations spanning natural gas, NGLs, crude oil, refined products, terminalling, storage, and related services in the United States. Energy Transfer benefits from the firm’s fee-based model and large natural gas and NGL footprint, which support steady long-term cash generation. Management raised its 2026 adjusted EBITDA outlook and expanded its growth capital plan. For the current quarter, Energy Transfer LP is expected to post earnings indicating a change of +15.6% from the year-ago quarter. The Zacks Consensus Estimate has changed +1.1% over the last 30 days. The consensus earnings estimate for the current fiscal year indicates a year-over-year change of +18.2%. This estimate has changed +0.3% over the last 30 days. Recent contracting with data centers, utilities and large power-load customers improves visibility into future electricity demand, supports long-term planning and provides greater confidence in stable, recurring revenue growth. Its units have outperformed the industry over the past year. Energy Transfer has made large capital investments in recent years, supporting its scale in natural gas, NGL and crude logistics. 

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