What is the 13F Pro Quality Score for ET?

13F Pro ranks Energy Transfer LP (ET) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View ET's current score at https://13fpro.ai/company/ET (free sign-up required for the full ranking).

Which hedge funds own the most ET stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of ET include ALPS ADVISORS, MORGAN STANLEY, JPMORGAN CHASE & CO. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/ET as soon as new 13F filings post.

Where does 13F Pro source ET data?

All Energy Transfer LP fundamentals and ownership data come directly from SEC EDGAR. Energy Transfer LP files with the SEC under CIK 1276187. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is ET in?

Energy Transfer LP (ET) is classified in the Energy sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/energy.

What are ET's largest expenses?

Energy Transfer LP's latest 10-Q reports these as the largest expense items: Cost of products sold ($26.9B, +93% YoY); Operating expenses ($1.8B, +36% YoY); Depreciation, depletion and amortization ($1.6B, +14% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended June 30, 2026).

How often is ET research updated on 13F Pro?

ET's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

Energy Transfer LP(ET)Stock Analysis

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SEC EDGAR: CIK 1276187 ET stock profile & AI dashboard →

13F Pro Quality Score

64.4/100

Rank #543 of 2,961 stocksTOP 25%

View Energy peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

71.0/100

Profitability

45.0/100

Balance Sheet

62.7/100

Earnings Quality

57.0/100

Free Cash Flow

41.9/100

Institutional Flow

53.2/100

Revenue Scale

98.8/100

Dilution Risk

86.2/100

Email me the moment this company reports earnings

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Why ET Scores 64/100

exact factor attribution · 2026-09-11

ET's composite is driven by scale and revenue growth, held back by free cash flow. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Scale

+7.3 pts

99th pct

Revenue growth

+4.2 pts

71th pct

Shareholder dilution

+1.8 pts

86th pct

Capital efficiency

+1.3 pts

63th pct

Earnings growth

+0.9 pts

68th pct

Earnings quality

+0.7 pts

57th pct

Institutional flow

+0.2 pts

53th pct

Profitability

-0.8 pts

45th pct

Free cash flow

-1.2 pts

42th pct

Latest change (2026-08-06): 65 → 64 · ↓ Earnings growth 57→47

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

Unusual Activity in ET

Events flagged as statistical outliers against ET's own multi-year baseline — not fixed dollar thresholds.

Insider cluster2026-08-19
2 insiders bought $21,513,521 of ET in 30 days — 4.0σ above this company's 2-year norm
View source filing →

ET Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for Energy Transfer LP (ET), a Energy sector company. 13F Pro's AI-powered ranking engine scores ET at 64.4/100 on a 32-signal composite quality model, placing it at rank #543 of 2,961 stocks — the top 25% of the AI-ranked universe. ET scores in the top quartile across revenue scale (98.8). Based on the latest XBRL financial filings (Q2 2026), Energy Transfer LP reports quarterly revenue of $34.3B, net income of $2.1B, an operating margin of 10.4%. Top institutional holders of ET by reported 13-F value include ALPS ADVISORS, MORGAN STANLEY, JPMORGAN CHASE, based on the most recent SEC filings. ET trades on the NYSE exchange and files with the SEC under CIK 1276187. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ET daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Energy Transfer LP directly from SEC EDGAR. Energy Transfer LP's 13F Pro composite quality score has ranged between 40 and 69 since 2021, currently 64.4 — an improving long-term trajectory across 68 quarterly and live scoring snapshots.

What's Driving ET's Business? Latest 10-Q Breakdown

AI-extracted from Energy Transfer LP's 10-Q filed 2026-08-06 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Energy Transfer's Q2 FY2026 revenue nearly doubled to $34.3B (+78% YoY), powered by Sunoco LP's acquisition-driven growth and higher crude oil prices/volumes, lifting net income 74% to $2.53B.

Biggest Revenue Drivers

Crude oil transportation and services$11.0B+92% YoY

Favorable market conditions, higher crude oil prices and higher volumes.

NGL and refined products transportation and services$6.4B+27% YoY

Higher premiums from NGL export/domestic sales and higher refined product spreads and prices.

Biggest Revenue Drivers

Total revenue: $34.3B+78% YoY

Crude oil transportation and services$11.0B+92% YoY

Favorable market conditions, higher crude oil prices and higher volumes.

NGL and refined products transportation and services$6.4B+27% YoY

Higher premiums from NGL export/domestic sales and higher refined product spreads and prices.

Midstream$842M-2% YoY

External revenue roughly flat, but margin rose on higher gathered/processed volumes and NGL/gas prices.

Interstate transportation and storage$599M+3% YoY

Higher contracted volumes and utilization across interstate pipeline systems.

Largest Expense Items

Cost of products sold$26.9B+93% YoY

Rose with higher commodity sales volumes and prices, particularly from Sunoco LP's expanded, acquisition-driven fuel distribution business.

Operating expenses$1.8B+36% YoY

Increased mainly from recently acquired businesses (Sunoco LP, USAC's J-W Power) and higher environmental reserves in midstream.

Depreciation, depletion and amortization$1.6B+14% YoY

Additional depreciation and amortization from assets recently placed in service and recent acquisitions.

Selling, general and administrative$421M+64% YoY

Increased costs from recently acquired businesses plus one-time transaction-related expenses.

Margins: Net income rose ~74% YoY to $2.53B on higher segment margin across all segments, led by NGL/refined products, crude oil, and Sunoco LP, partially offset by higher operating expenses, SG&A, D&A and interest expense tied to recent acquisitions.

Watch Items from the Filing

Rover pipeline could owe up to $345 million in additional Ohio ad valorem taxes for 2020-2025 if pending assessments are upheld.
ETMT paid the full $124 million Cline class-action judgment in May 2026 while its Supreme Court certiorari petition remains pending.
Unrecorded contingent gains from favorable verdicts against Greenpeace International and CPS Energy total approximately $786 million in aggregate.
Rover faces separate FERC proposed civil penalties of $20 million (Stoneman House) and $40 million (Tuscarawas), both still pending or stayed.
Investment in Sunoco LP is now the largest segment ($14.2B, 41% of total revenue), reflecting heavy reliance on recent acquisitions (TanQuid, Delta, pending $600M deal) for growth.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$34.3B

Net Income

Q2 2026

$2.1B

Free Cash Flow

Q2 2026

$2.7B

Operating Margin

Q2 2026

10.4%

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+3.5% YoY

$85.54BFY 2025

FY22 $89.88BFY23 $78.59BFY24 $82.67BFY25 $85.54B

Net Income

-7.9% YoY

$4.43BFY 2025

FY22 $4.76BFY23 $3.94BFY24 $4.81BFY25 $4.43B

Operating Income

-1.2% YoY

$9.03BFY 2025

FY22 $7.74BFY23 $8.29BFY24 $9.14BFY25 $9.03B

Total Assets

+12.7% YoY

$141.29BFY 2025

FY22 $105.64BFY23 $113.70BFY24 $125.38BFY25 $141.29B

Total Debt

+14.4% YoY

$68.36BFY 2025

FY22 $48.26BFY23 $53.40BFY24 $59.77BFY25 $68.36B

Op. Cash Flow

-11.8% YoY

$10.15BFY 2025

FY22 $9.05BFY23 $9.55BFY24 $11.51BFY25 $10.15B

Free Cash Flow

-47.6% YoY

$3.85BFY 2025

FY22 $5.67BFY23 $6.42BFY24 $7.34BFY25 $3.85B

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$85.54B +3.5%	$82.67B +5.2%	$78.59B -12.6%	$89.88B +33.3%	$67.42B +73.1%	$38.95B
Net Income	$4.43B -7.9%	$4.81B +22.3%	$3.94B -17.3%	$4.76B -13.1%	$5.47B +944.1%	$-648.0M
Operating Income	$9.03B -1.2%	$9.14B +10.2%	$8.29B +7.2%	$7.74B -12.0%	$8.79B +195.0%	$2.98B
Total Assets	$141.29B +12.7%	$125.38B +10.3%	$113.70B +7.6%	$105.64B -0.3%	$105.96B +11.4%	$95.14B
Total Debt	$68.36B +14.4%	$59.77B +11.9%	$53.40B +10.6%	$48.26B -4.2%	$50.38B -2.1%	$51.46B
Operating Cash Flow	$10.15B -11.8%	$11.51B +20.4%	$9.55B +5.6%	$9.05B -18.9%	$11.16B +51.6%	$7.36B
Free Cash Flow	$3.85B -47.6%	$7.34B +14.3%	$6.42B +13.2%	$5.67B -32.0%	$8.34B +273.8%	$2.23B

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Available Research

13F Pro tracks comprehensive data for Energy Transfer LP including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of ET

ALPS ADVISORS INC
$1.7B86,904,208 sh
MORGAN STANLEY
$1.6B85,614,431 sh
JPMORGAN CHASE & CO
$1.5B81,080,493 sh
GOLDMAN SACHS GROUP INC
$1.2B62,819,419 sh
Invesco Ltd.
$1.1B54,927,735 sh
TORTOISE CAPITAL ADVISORS, L.L.C.
$726.5M37,997,055 sh
Blackstone Inc.
$684.2M35,782,842 sh
UBS Group AG
$584.1M30,548,239 sh
BANK OF AMERICA CORP /DE/
$538.0M28,139,938 sh
Energy Income Partners, LLC
$490.5M25,654,536 sh

Fund	Value	Shares
ALPS ADVISORS INC	$1.7B	86,904,208
MORGAN STANLEY	$1.6B	85,614,431
JPMORGAN CHASE & CO	$1.5B	81,080,493
GOLDMAN SACHS GROUP INC	$1.2B	62,819,419
Invesco Ltd.	$1.1B	54,927,735
TORTOISE CAPITAL ADVISORS, L.L.C.	$726.5M	37,997,055
Blackstone Inc.	$684.2M	35,782,842
UBS Group AG	$584.1M	30,548,239
BANK OF AMERICA CORP /DE/	$538.0M	28,139,938
Energy Income Partners, LLC	$490.5M	25,654,536

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Is ET a good stock to buy?

13F Pro's AI-powered analysis of Energy Transfer LP (ET) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Energy sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for ET are available on the ET stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. ET is classified as a large company.

Which hedge funds own ET?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling ET. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Energy Transfer LP's investment landscape.