Energy Transfer Has Crushed The Market, And I Expect That To Continue

Daniel Jones Investing Group Leader Follow Summary Energy Transfer remains a top conviction holding, offering high-quality midstream exposure at a compelling valuation and a robust 6.4% yield. ET trades at a significant discount to peers on both price-to-operating cash flow and EV/EBITDA metrics, despite strong cash generation and growth. Management has raised 2026 EBITDA guidance to $18.8–$19.1B, reflecting operational momentum driven by higher volumes and margins across key segments. Even assuming recent tailwinds are transitory, ET offers 21–137% upside to peer multiples, with leverage and distribution growth remaining competitive. Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More » gettinthere/iStock via Getty Images One of my absolute favorite stocks has got to be Energy Transfer ( ET ). I often wonder to myself just how long I will own it. I wouldn't be surprised if, 5 or 10 years This article was written by Daniel Jones 37.83K Followers Follow Daniel is an avid and active professional investor. He runs Crude Value Insights, a value-oriented newsletter aimed at analyzing the cash flows and assessing the value of companies in the oil and gas space. His primary focus is on finding businesses that are trading at a significant discount to their intrinsic value by employing a combination of Benjamin Graham's investment philosophy and a contrarian approach to the market and the securities therein. Learn more. Analyst’s Disclosure: I/we have a beneficial long position in the shares of ET either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.