ET
Energy Transfer LP Energy - Pipelines Investor Relations →
Energy Transfer LP (ET) closed at $17.94 as of 2026-02-02, trading 39.1% above its 200-week moving average of $12.90. The stock is currently moving closer to the line, down from 40.9% last week. The 14-week RSI sits at 68, indicating neutral momentum.
Over the past 996 weeks of data, ET has crossed below its 200-week moving average 14 times. On average, these episodes lasted 23 weeks. The average one-year return after crossing below was -8.3%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $61.6 billion, ET is a large-cap stock. The company generates a free cash flow yield of 4.9%. Return on equity stands at 12.6%. The stock trades at 2.0x book value.
Share count has increased 11.3% over three years, indicating dilution.
Over the past 19.2 years, a hypothetical investment of $100 in ET would have grown to $856, compared to $683 for the S&P 500. That represents an annualized return of 11.9% vs 10.5% for the index — confirming ET as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
In the past 12 months, corporate insiders have made 2 open-market purchases totaling $68,441,000.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: ET vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ET Crosses Below the Line?
Across 14 historical episodes, buying ET when it crossed below its 200-week moving average produced an average return of -6.6% after 12 months (median -7.0%), compared to +4.7% for the S&P 500 over the same periods. 29% of those episodes were profitable after one year. After 24 months, the average return was +11.3% vs +24.7% for the index.
Each line shows $100 invested at the moment ET crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
ET has crossed below its 200-week MA 14 times with an average 1-year return of +-8.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 2008 | Mar 2008 | 2 | 1.7% | -27.2% | +777.6% |
| Jun 2008 | May 2009 | 47 | 53.2% | -4.6% | +792.3% |
| Jun 2009 | Jul 2009 | 4 | 4.5% | +42.3% | +868.4% |
| Nov 2015 | Dec 2016 | 58 | 69.9% | +2.7% | +135.1% |
| Jan 2017 | Jan 2017 | 3 | 3.8% | +3.4% | +109.1% |
| Mar 2017 | Mar 2017 | 1 | 0.9% | -10.3% | +106.9% |
| Apr 2017 | May 2018 | 59 | 21.0% | -14.3% | +108.1% |
| Jun 2018 | Jul 2018 | 3 | 0.8% | -11.1% | +104.4% |
| Oct 2018 | Mar 2019 | 20 | 23.2% | -11.9% | +123.7% |
| May 2019 | Jun 2019 | 2 | 3.2% | -33.9% | +137.1% |
| Aug 2019 | Sep 2019 | 5 | 3.1% | -48.5% | +134.3% |
| Sep 2019 | May 2021 | 88 | 64.6% | -52.3% | +143.3% |
| Jul 2021 | Sep 2021 | 11 | 7.9% | +8.5% | +170.4% |
| Oct 2021 | Jan 2022 | 13 | 12.8% | +41.5% | +170.7% |
| Average | 23 | — | +-8.3% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02