Energy Transfer Stock Price Dips 1.5% - Should Investors Sell?

Analysts weigh in on the midstream energy company's recent stock performance.

Apr. 1, 2026 at 9:33pm

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Shares of Energy Transfer LP (NYSE:ET) fell 1.5% on Wednesday, trading as low as $18.72 before closing at $19.02. Trading volume increased 37% from the average session. Several analysts have issued reports on ET, with most maintaining a 'Buy' rating and an average price target of $21.60.

Why it matters

Energy Transfer is a major midstream energy company that operates an extensive network of pipelines, terminals, and processing facilities across the United States. Its stock performance is closely watched as an indicator of the overall health of the energy infrastructure sector.

The details

The 1.5% drop in Energy Transfer's stock price on Wednesday came amid a broader market decline. Analysts cited a number of factors that could be impacting the stock, including concerns over energy demand, pipeline regulations, and the company's recent earnings report which missed expectations. However, most analysts remain bullish on the stock's long-term prospects.

  • Energy Transfer stock closed at $19.30 on Tuesday.
  • On Wednesday, the stock traded as low as $18.72 before closing at $19.02, down 1.5%.
  • Trading volume increased 37% from the average session.

The players

Energy Transfer LP

A Dallas-based midstream energy company that develops and operates infrastructure for the transportation, storage and processing of hydrocarbons.

Weiss Ratings

An equity research firm that reaffirmed a 'buy (b-)' rating on Energy Transfer shares.

UBS Group

An investment bank that reissued a 'buy' rating on Energy Transfer stock.

TD Cowen

An investment firm that boosted its price target on Energy Transfer shares to $21 and maintained a 'buy' rating.

Wells Fargo & Company

A bank that increased its price target on Energy Transfer to $25 and kept an 'overweight' rating.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee

The takeaway

While Energy Transfer's stock dipped slightly this week, the majority of analysts remain bullish on the company's long-term prospects. As a major player in the midstream energy sector, Energy Transfer's performance will continue to be closely watched as an indicator of broader industry trends.