CIBC Bancorp USA Inc. Buys Stake in Energy Transfer LP

The institutional investor purchased over 15 million shares of the pipeline company's stock.

Mar. 18, 2026 at 9:04am

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CIBC Bancorp USA Inc. has purchased a new position in Energy Transfer LP (NYSE:ET), acquiring 15,402,622 shares of the pipeline company's stock during the 3rd quarter. The transaction was valued at approximately $264,309,000, making Energy Transfer one of CIBC Bancorp USA Inc.'s top 21 holdings, accounting for about 0.9% of its investment portfolio.

Why it matters

This investment signals CIBC Bancorp USA Inc.'s confidence in the long-term prospects of the energy infrastructure sector, particularly the pipeline business operated by Energy Transfer. As a major institutional investor, CIBC's move could influence other investors' perceptions of Energy Transfer and the broader midstream energy industry.

The details

According to the company's most recent disclosure with the Securities and Exchange Commission (SEC), CIBC Bancorp USA Inc. purchased the 15.4 million shares of Energy Transfer during the 3rd quarter of the year. This gives CIBC Bancorp USA Inc. ownership of approximately 0.45% of Energy Transfer's outstanding shares.

CIBC Bancorp USA Inc. purchased the shares of Energy Transfer LP during the 3rd quarter of 2026.

The players