ENERGY TRANSFER LP (ET)
NYSEEnergyOil & Gas MidstreamSnapshot 2026-11-04
$20.16-0.88%
Close 2026-11-03 · 1-day change
NYSEEnergyOil & Gas MidstreamSnapshot 2026-11-04
QuarterlyIQ Insights · ET
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -14.9% |
| Our one-year growth estimate | diamond | 14.6% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to long-term interest rates.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 29.4 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 7 industry peers · Company calendar date is not available
ET — legal / regulatory event — Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standar…
Dated 2026-09-10
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On September 3, 2026, Energy Transfer LP (the “Partnership”) approved the voluntary withdrawal of its common units representing limited partner interests (the “Common Units”) and its 9.250% Series I Fixed Rate Perpetual Preferred Units (the “Series I Preferred Units”, and together with the Common Units, the “Partnership Units”) from listing on the New York Stock Exchange (“NYSE”), and the tran…
Why it matters: The planned CEO change adds a leadership test while Energy Transfer is funding large growth projects. A clear handoff would support continuity in its stated plans.
Watch forA company notice confirms Mackie McCrea retires and Thomas E. Long becomes sole CEO by the end of 2026.
Also watch forThe handoff is delayed past year-end, or the company names a different CEO plan.
Why it matters: The units moved from the NYSE to the Texas Stock Exchange on October 5. Continued trading under ET would confirm the stated listing change took effect.
Watch forCompany or exchange notices confirm ET units trade on TXSE under ticker ET. No further listing notice appears.
Also watch forThe company or exchange reports a delayed transfer, trading halt, or failure to list ET units on TXSE.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$68 on $10,000 · ±0.7% | How much price usually moves either way. |
| Bad day | $149 loss on $10,000 · 1.5% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $902 loss on $10,000 · 9.0% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.