A Month After Energy Transfer (ET) Earnings, Analysts Continue Upward Price Target Revisions

4 days ago 4

Jabran Kundi

Wed, March 18, 2026 astatine 6:03 AM CDT 2 min read

Energy Transfer LP (NYSE:ET) is 1 of the 8 astir undervalued lipid stocks to buy. Robert Kad from Morgan Stanley accrued the firm’s terms people connected Energy Transfer LP (NYSE:ET) from $19 to $21 portion maintaining an Equal Weight standing connected March 10. The update was issued arsenic portion of the firm’s play reappraisal of North American midstream and renewable vigor infrastructure companies.

Bank of America is Bullish connected The Williams Companies, Inc. (WMB)

Pixabay/Public Domain

Analyst sentiment has been mostly affirmative aft Energy Transfer LP (NYSE:ET) reported its fourth-quarter results connected February 17. Adjusted EBITDA for the 4th reached $4.2 billion, compared with $3.9 cardinal successful the aforesaid play past year. Distributable currency travel (DCF) attributable to partners came successful astatine astir $2 billion, which was successful enactment with the prior-year quarter. The NGL and refined products conception generated adjusted EBITDA of $1.1 billion. This fig included a one-time $56 cardinal summation linked to a regulatory order. However, the summation was mostly offset by a $58 cardinal timing-related diminution and a $14 cardinal interaction from loading delays astatine Nederland terminals.

Among the different concern segments, midstream operations reported adjusted EBITDA of $720 million, portion the crude lipid conception recorded $722 million. The interstate earthy state conception delivered $523 million, and the intrastate earthy state conception contributed $355 million.

Energy Transfer LP (NYSE:ET) is simply a midstream vigor institution that delivers vigor services crossed 44 states. It specializes successful proscription and retention of earthy gas, crude oil, earthy state liquids (NGLs), and refined products. The institution operates retention facilities and an extended web of intrastate earthy state proscription pipelines.

While we admit the imaginable of ET arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double successful 3 Years and 15 Stocks That Will Make You Rich successful 10 Years

Disclosure: None. Follow Insider Monkey connected Google News.

Read Entire Article