ET MLP — Energy Transfer LP

Energy Transfer LP (ET)

Updated October 12, 2026.

ET is a MLP. its distribution rate is 6.66%, its trailing-12-month yield is 6.59%. Dividend Vision Distribution Safety Score™ is 100/100 (Safe). Total return is 1380.0% over the past 20.7 years, 580.3 points ahead of SPY at 799.7%.

ET performance versus SPY

Price and return data through 2026-10-12.

Total return is 1380.0% over the past 20.7 years, 580.3 points ahead of SPY at 799.7%. Over the past year its total return — price change plus distributions reinvested — is 34.7%. Its deepest 1-year drawdown was 9.0%.

ET key facts

Distribution Safety Score™

100 · Safe

Safety-Adjusted Yield

6.66%

Issuer

Energy Transfer

Asset type

MLP

Asset class

Equity

Distribution rate

6.66%

Distribution frequency

Quarterly

Trailing yield

6.59%

5-year average yield

7.27

Last close

$20.41 (stale; as of 2026-10-12)

Market cap

$70,277,744,856

Average volume

4734319.0

Dividend

$0.34

Ex-dividend date

08/07/2026

Payment date

08/19/2026

Beta

0.599

Payout ratio

86.8%

P/E ratio

13.98

Forward P/E

12.0337

EPS

$1.46

How Dividend Vision calculates yield and returns

Distribution rate (6.66%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (6.59%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Energy Transfer or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

ET risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 9.0%.

Who may consider ET — and who may not

ET may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (ET pays quarterly). This is educational context, not a recommendation to buy or sell.

Compare ET

ET vs similar funds:

• ET vs EPD

Frequently asked questions

More securities from Energy Transfer.