ET
Energy Transfer LP Energy - Pipelines Investor Relations →
Energy Transfer LP (ET) closed at $18.75 as of 2026-06-19, trading 36.5% above its 200-week moving average of $13.73. The stock is currently moving closer to the line, down from 39.4% last week. The 14-week RSI sits at 52, indicating neutral momentum.
Trading volume is running at 0.8x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.22 ratio) is neutral — neither side is clearly dominating.
Over the past 1015 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 $64.5 billion, ET is a large-cap stock. The company generates a free cash flow yield of 2.7%. Return on equity stands at 12.4%. The stock trades at 2.1x book value.
Share count has increased 11.2% over three years, indicating dilution.
Over the past 19.5 years, a hypothetical investment of $100 in ET would have grown to $910, compared to $743 for the S&P 500. That represents an annualized return of 12.0% vs 10.8% 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 $68,441,000.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
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.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices ET would reach each dislocation threshold.
Dislocation Price Levels
Prices where ET's Bean Score would hit each σ threshold. Valid until next earnings report: 2026-08-05.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $17.92 | Unusually cheap — potential buy zone |
| Value | +1σ | $19.15 | Cheap vs. own history |
| Fair Value | +0σ | $20.57 | Historical mean behavior |
| Expensive | -1σ | $22.22 | Expensive vs. own history |
| Deep Expensive | -2σ | $24.15 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from ET's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
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% | +833.0% |
| Jun 2008 | May 2009 | 47 | 53.2% | -4.6% | +848.6% |
| Jun 2009 | Jul 2009 | 4 | 4.5% | +42.3% | +929.6% |
| Nov 2015 | Dec 2016 | 58 | 69.9% | +2.7% | +149.9% |
| Jan 2017 | Jan 2017 | 3 | 3.8% | +3.4% | +122.3% |
| Mar 2017 | Mar 2017 | 1 | 0.9% | -10.3% | +119.9% |
| Apr 2017 | May 2018 | 59 | 21.0% | -14.3% | +121.2% |
| Jun 2018 | Jul 2018 | 3 | 0.8% | -11.1% | +117.3% |
| Oct 2018 | Mar 2019 | 20 | 23.2% | -11.9% | +137.8% |
| May 2019 | Jun 2019 | 2 | 3.2% | -33.9% | +152.0% |
| Aug 2019 | Sep 2019 | 5 | 3.1% | -48.5% | +149.1% |
| Sep 2019 | May 2021 | 88 | 64.6% | -52.3% | +158.6% |
| Jul 2021 | Sep 2021 | 11 | 7.9% | +8.5% | +187.5% |
| Oct 2021 | Jan 2022 | 13 | 12.8% | +41.5% | +187.8% |
| Average | 23 | — | +-8.3% | — |
Frequently Asked Questions
Is ET below its 200-week moving average?
No. Energy Transfer LP (ET) is currently 36.5% above its 200-week moving average of $13.73. It would need to fall to $13.73 to cross below the line.
What is ET's 200-week moving average price?
Energy Transfer LP's 200-week moving average is $13.73 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when ET drops below its 200-week moving average?
ET has crossed below its 200-week moving average 14 times in our data. The average one-year return after these crossings was -8.3%, meaning the dips were not reliable buying signals for this particular stock. These episodes lasted 23 weeks on average.
Is ET a good value right now?
Here's what our data says about ET as of 2026-06-19: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 52. Free cash flow yield is 2.7%. Return on equity is 12.4%. Price-to-book is 2.1x. This is not a buy or sell recommendation — always do your own research.
How does ET compare to the S&P 500?
Over the past 19.5 years, $100 invested in ET would have grown to $910, compared to $743 for the S&P 500. That's 12.0% annualized vs 10.8% for the index. ET has outperformed the broader market over this period.
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 week of 2026-06-19