Energy Transfer stock falls 1.14 percent as analysts reset targets

Published on 09/22/2026 at 19:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Energy Transfer stock closed at USD 20.90 on September 21, 2026, down 1.14 percent. Second-quarter EPS reached USD 0.59, beating USD 0.37 estimates.

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Energy Transfer LP (US29273V1008) closed at USD 20.90 on the NYSE on September 21, 2026, down 1.14 percent from USD 21.14. The decline came as Melius initiated coverage with a Hold rating and a USD 25.00 price target, while the latest quarterly figures showed a much stronger earnings performance than analysts had expected.

Analysts set a USD 25 target

According to Investing.com on September 22, 2026, Melius began coverage with a Hold recommendation and a USD 25.00 target. That target is USD 4.10 above the September 21 closing price, equivalent to 19.62 percent.

A separate recent update cited by Investing.com on September 22, 2026, said TD Cowen raised its target to USD 25.00 from USD 24.00 while maintaining a Buy rating. The USD 1.00 increase contrasts with Melius's more cautious initiation and leaves the stock below both cited targets.

Q2 earnings beat expectations

Energy Transfer's second-quarter 2026 adjusted EPS was USD 0.59, compared with an analyst estimate of USD 0.37, according to Investing.com on September 22, 2026. The USD 0.22 beat is notable because adjusted EBITDA also rose 30.8 percent year over year to approximately USD 5.1 billion in Q2 2026.

Revenue reached USD 34.33 billion in the quarter ended June 30, 2026, up 78.4 percent from the prior-year quarter, while the same source reported prior-year EPS of USD 0.32. The comparison shows that earnings increased by USD 0.27 year over year, although revenue came in below the forecast referenced in the analyst coverage.

Stock remains near yearly high

Energy Transfer traded between USD 20.77 and USD 21.12 on September 21, 2026, against a 52-week range of USD 16.18 to USD 21.84. Volume was 7.43 million shares, below the average volume of 7.15 million shares in the MarketBeat snapshot, while market capitalization stood at USD 71.96 billion.

The latest market data place the stock 4.30 percent below its 52-week high and 29.17 percent above its 52-week low. The valuation backdrop includes an annualized dividend of USD 1.36, or USD 0.34 per quarter, and a reported yield of approximately 6.5 percent for the latest cited period.

Energy Transfer stock closes lower

Energy Transfer stock closed at USD 20.90 on the NYSE on September 21, 2026, with the daily change at minus 1.14 percent. The combination of a quarterly EPS beat, 30.8 percent EBITDA growth and mixed analyst signals leaves the USD 25.00 target as the clearest near-term reference point in the latest coverage.