ET
Energy Transfer LP Energy - Pipelines Investor Relations →
Energy Transfer LP (ET) closed at $19.94 as of 2026-05-01, trading 47.1% above its 200-week moving average of $13.56. The stock moved further from the line this week, up from 41.4% last week. The 14-week RSI sits at 69, indicating neutral momentum.
Trading volume is running at 1.3x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.11 ratio) is neutral — neither side is clearly dominating.
Over the past 1008 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 $68.6 billion, ET is a large-cap stock. The company generates a free cash flow yield of 3.2%. Return on equity stands at 11.9%. The stock trades at 2.2x book value.
Share count has increased 11.2% over three years, indicating dilution.
Over the past 19.3 years, a hypothetical investment of $100 in ET would have grown to $952, compared to $713 for the S&P 500. That represents an annualized return of 12.4% vs 10.7% 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.
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% | +875.4% |
| Jun 2008 | May 2009 | 47 | 53.2% | -4.6% | +891.7% |
| Jun 2009 | Jul 2009 | 4 | 4.5% | +42.3% | +976.4% |
| Nov 2015 | Dec 2016 | 58 | 69.9% | +2.7% | +161.3% |
| Jan 2017 | Jan 2017 | 3 | 3.8% | +3.4% | +132.4% |
| Mar 2017 | Mar 2017 | 1 | 0.9% | -10.3% | +129.9% |
| Apr 2017 | May 2018 | 59 | 21.0% | -14.3% | +131.3% |
| Jun 2018 | Jul 2018 | 3 | 0.8% | -11.1% | +127.1% |
| Oct 2018 | Mar 2019 | 20 | 23.2% | -11.9% | +148.6% |
| May 2019 | Jun 2019 | 2 | 3.2% | -33.9% | +163.5% |
| Aug 2019 | Sep 2019 | 5 | 3.1% | -48.5% | +160.4% |
| Sep 2019 | May 2021 | 88 | 64.6% | -52.3% | +170.4% |
| Jul 2021 | Sep 2021 | 11 | 7.9% | +8.5% | +200.6% |
| Oct 2021 | Jan 2022 | 13 | 12.8% | +41.5% | +200.9% |
| Average | 23 | — | +-8.3% | — |
Frequently Asked Questions
Is ET below its 200-week moving average?
No. Energy Transfer LP (ET) is currently 47.1% above its 200-week moving average of $13.56. It would need to fall to $13.56 to cross below the line.
What is ET's 200-week moving average price?
Energy Transfer LP's 200-week moving average is $13.56 as of 2026-05-01. 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 2026-05-01: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 69. Free cash flow yield is 3.2%. Return on equity is 11.9%. Price-to-book is 2.2x. 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 19.3 years, $100 invested in ET would have grown to $952, compared to $713 for the S&P 500. That's 12.4% annualized vs 10.7% for the index. ET has outperformed the broader market over this period.
Does ET pay a dividend?
Yes. Energy Transfer LP currently pays a dividend yield of 670.00%.
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 2026-05-01