ET
Energy TransferIntegrated midstream.
Last
$18.71
Change
-0.11%
Market cap
$64.4B
60-day price
Near-term (0-6mo)
Earnings 5/5 — NGL and crude volumes, data center-adjacent pipeline utilization, and distribution growth.
Mid-term (6-24mo)
Integrated midstream with diverse asset base. Less pure-play on data center gas demand than WMB but larger and more diversified.
Catalysts
- Q1 earnings 5/5
- Project valuation re-rating
- New pipeline project announcements
Risks
- Commodity price exposure greater than WMB/KMI
- Complex MLP structure
- Less direct AI compute linkage
Options flags
earnings_soon · Apr 16, 2026
Earnings on 2026-05-05 (18d out). Expect elevated IV into print; avoid buying OTM monthlies the day before.monthly_liquid · Apr 16, 2026
Monthly Apr 16, 2026 chain likely liquid. Prefer ATM/ITM-20 over OTM to force discipline.