
ET Stock Forecast & Price Target
ET Analyst Ratings
Bulls say
Energy Transfer's diversified midstream operations, which span the spectrum from wellhead to demand, have demonstrated robust performance with a total revenue growth projected at a compound annual growth rate (CAGR) of 5% from FY23 to FY25, surpassing industry average rates. The company has successfully increased gathering volumes by approximately 25% since early 2022, indicating strong operational efficiency and demand resilience, particularly in the natural gas segment. Additionally, a modest increase in operational expenditures of only 2% year-over-year, coupled with a substantial rise in quarterly revenue from key customers, provides a solid financial foundation that underscores a favorable outlook for the firm.
Bears say
The financial outlook for Energy Transfer indicates a troubling decline in several key metrics, particularly in its free cash flow, which shifted from $32 million in Q1 to a negative $11 million in Q2, falling short of the anticipated $11 million estimate. Additionally, the company's backlog has decreased by 19% year-over-year to $240 million, reflecting ongoing revenue recognition challenges stemming from a significant contract. Furthermore, a reduction in operating cash flow, exacerbated by a $26 million working capital headwind, signals ongoing operational inefficiencies and mounting financial stress.
This aggregate rating is based on analysts' research of Energy Transfer LP Unit and is not a guaranteed prediction by Public.com or investment advice.
ET Analyst Forecast & Price Prediction
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