Energy Transfer (ET) Price/OCF Ratio: History & Chart

Energy Transfer LP(ET)

Oil & Gas Midstream · Dallas, TX

$21.52-0.03 (-0.12%)

Delayed quote: Sep 3, 2026, 2:49 PM EDT

About Energy Transfer LP

Energy Transfer LP functions as a comprehensive provider of energy infrastructure and associated services. The company operates extensive natural gas networks, including approximately 11,600 miles of intrastate transportation pipelines and an additional 19,830 miles dedicated to interstate transport. Its natural gas storage capabilities encompass three facilities in Texas and another two spanning Texas and Oklahoma. Energy Transfer supplies natural gas to a diverse range of customers, such as electric utilities, independent power producers, local distribution companies, other marketing firms, and various industrial end-users. Beyond transportation, the firm manages substantial infrastructure for gathering, processing, treating, and conditioning natural gas and natural gas liquids (NGLs) across a broad geographic area that includes Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, and Louisiana. This infrastructure also covers natural gas gathering systems in Ohio, and integrated natural gas gathering, oil pipeline, and oil stabilization facilities situated in South Texas. Additionally, the company provides water transport and supply services to natural gas producers in Pennsylvania. In the NGL sector, Energy Transfer possesses approximately 5,215 miles of NGL pipelines, along with facilities for NGL and propane fractionation. Its NGL storage solutions include facilities with a working capacity of around 50 million barrels (MMBbls), supplemented by additional storage assets and terminals totaling about 17 MMBbls. The company is actively involved in the transportation, terminalling, acquisition, and marketing of crude oil, as well as the distribution of refined petroleum products like gasoline, middle distillates, and motor fuels. Complementing these primary operations, Energy Transfer offers specialized services such as natural gas compression, removal of carbon dioxide and hydrogen sulfide, natural gas cooling, dehydration, and British thermal unit (BTU) management. Furthermore, its operations extend to managing coal and other natural resource properties, selling standing timber, leasing coal-related infrastructure, collecting oil and gas royalties, and generating electrical power. Established in 1996 and headquartered in Dallas, Texas, the company officially adopted its current name, Energy Transfer LP, in October 2018, having previously been known as Energy Transfer Equity, L.P.

Dallas, TX

22,311 employees

energytransfer.com

Energy / Oil & Gas Midstream

Sector: Energy
Industry: Oil & Gas Midstream
CEO: Marshall S. McCrea

View full financials

ET Price/OCF Ratio Metrics

PRICE/OCF RATIO

6.16

PRICE/OCF RATIO AVG TTM

6.08

PRICE/OCF RATIO AVG 3Y

5.62

PRICE/OCF RATIO AVG 5Y

4.78

PRICE/OCF RATIO AVG 10Y

4.37

PRICE/OCF RATIO AVG 15Y

5.84

PRICE/OCF RATIO AVG 20Y

6.78

CURRENT VS TTM AVG

+1.36%

CURRENT VS 3Y AVG

+9.54%

CURRENT VS 5Y AVG

+28.91%

CURRENT VS 10Y AVG

+41.01%

CURRENT VS 15Y AVG

+5.56%

CURRENT VS 20Y AVG

-9.16%

SECTOR MEDIAN · ENERGY

9.53

median of 46 covered companies

CURRENT VS SECTOR MEDIAN

-35.33%

vs the sector median at left

NAME	MARKET CAP	PRICE/OCF RATIO	TTM	3Y	5Y
Energy Transfer LP (ET)	$74.07B	6.16	6.08	5.62	4.78
Kinder Morgan, Inc. (KMI)vs ›	$71.11B	10.75	11.20	9.29	8.63
EOG Resources, Inc. (EOG)vs ›	$78.43B	5.90	6.34	6.10	6.67
Eni S.p.A. (E)vs ›	$79.77B	5.35	4.70	3.77	3.54
Suncor Energy Inc. (SU)vs ›	$80.75B	7.13	6.66	5.23	4.87
TC Energy Corporation (TRP)vs ›	$65.66B	11.50	11.42	9.58	8.98
Baker Hughes Company (BKR)vs ›	$63.45B	14.51	15.31	13.03	13.52
Targa Resources Corp. (TRGP)vs ›	$63.06B	14.72	12.51	10.56	9.01
Enterprise Products Partners L.P. (EPD)vs ›	$85.15B	9.71	9.20	8.51	7.90
Slb N.V. (SLB)vs ›	$85.22B	13.48	10.80	10.41	12.56

NAME

MARKET CAP

PRICE/OCF RATIO

TTM

Energy Transfer LP (ET)

$74.07B

6.16

6.08

5.62

4.78

Kinder Morgan, Inc. (KMI)vs ›

$71.11B

10.75

11.20

9.29

8.63

EOG Resources, Inc. (EOG)vs ›

$78.43B

5.90

6.34

6.10

6.67

Eni S.p.A. (E)vs ›

$79.77B

5.35

4.70

3.77

3.54

Suncor Energy Inc. (SU)vs ›

$80.75B

7.13

6.66

5.23

4.87

TC Energy Corporation (TRP)vs ›

$65.66B

11.50

11.42

9.58

8.98

Baker Hughes Company (BKR)vs ›

$63.45B

14.51

15.31

13.03

13.52

Targa Resources Corp. (TRGP)vs ›

$63.06B

14.72

12.51

10.56

9.01

Enterprise Products Partners L.P. (EPD)vs ›

$85.15B

9.71

9.20

8.51

7.90

Slb N.V. (SLB)vs ›

$85.22B

13.48

10.80

10.41

12.56

Price/OCF Ratio Formula & Definition

P/OCF measures market price relative to operating cash flow: market cap divided by TTM operating cash flow. OCF is cash from operations before capital expenditures, so it sits above free cash flow — P/OCF typically reads below P/FCF, with the widest gap for capex-heavy businesses.

Price/OCF Ratio FAQ

What is the Price/OCF ratio for Energy Transfer LP (ET)?

The Price/OCF ratio for ET stock is 6.16.

Is Energy Transfer LP's Price/OCF ratio high or low?

The Price/OCF ratio of 6.16 is 29% above its 5-year average of 4.78, near the high end of its 5-year range (1.96–7.33).

What is the TTM average Price/OCF ratio for Energy Transfer LP (ET)?

The TTM average Price/OCF ratio for ET stock is 6.08.

What is the 3Y average Price/OCF ratio for Energy Transfer LP (ET)?

The 3Y average Price/OCF ratio for ET stock is 5.62.

What is the 5Y average Price/OCF ratio for Energy Transfer LP (ET)?

The 5Y average Price/OCF ratio for ET stock is 4.78.

What is the 10Y average Price/OCF ratio for Energy Transfer LP (ET)?

The 10Y average Price/OCF ratio for ET stock is 4.37.

What is the 15Y average Price/OCF ratio for Energy Transfer LP (ET)?

The 15Y average Price/OCF ratio for ET stock is 5.84.

What is the 20Y average Price/OCF ratio for Energy Transfer LP (ET)?

The 20Y average Price/OCF ratio for ET stock is 6.78.

DATE	PRICE/OCF RATIO
2026-09-02	6.16
2026-09-01	6.12
2026-08-31	6.15
2026-08-28	6.09
2026-08-27	6.11
2026-08-26	6.12
2026-08-25	6.01
2026-08-24	6.02
2026-08-21	6.06
2026-08-20	6.06
2026-08-19	6.05
2026-08-18	6.12
2026-08-17	5.98
2026-08-14	6.02
2026-08-13	5.93
2026-08-12	5.99
2026-08-11	5.94
2026-08-10	5.88
2026-08-07	5.75
2026-08-06	5.91
2026-08-05	6.60
2026-08-04	6.60
2026-08-03	6.58
2026-07-31	6.61
2026-07-30	6.57
2026-07-29	6.56
2026-07-28	6.56
2026-07-27	6.46
2026-07-24	6.61
2026-07-23	6.63
2026-07-22	6.61
2026-07-21	6.57
2026-07-20	6.58
2026-07-17	6.60
2026-07-16	6.56
2026-07-15	6.46
2026-07-14	6.52
2026-07-13	6.55
2026-07-10	6.38
2026-07-09	6.43
2026-07-08	6.45
2026-07-07	6.43
2026-07-06	6.25
2026-07-02	6.28
2026-07-01	6.18
2026-06-30	6.21
2026-06-29	6.19
2026-06-26	6.22
2026-06-25	6.23
2026-06-24	6.15
2026-06-23	6.24
2026-06-22	6.13
2026-06-18	6.09
2026-06-17	6.09
2026-06-16	6.14
2026-06-15	6.14
2026-06-12	6.19
2026-06-11	6.09
2026-06-10	6.18
2026-06-09	6.19
2026-06-08	6.28
2026-06-05	6.30
2026-06-04	6.37
2026-06-03	6.35
2026-06-02	6.34
2026-06-01	6.26
2026-05-29	6.22
2026-05-28	6.31
2026-05-27	6.28
2026-05-26	6.36
2026-05-22	6.52
2026-05-21	6.50
2026-05-20	6.55
2026-05-19	6.62
2026-05-18	6.56
2026-05-15	6.54
2026-05-14	6.61
2026-05-13	6.53
2026-05-12	6.49
2026-05-11	6.37
2026-05-08	6.28
2026-05-07	6.47
2026-05-06	7.15
2026-05-05	7.33
2026-05-04	7.22
2026-05-01	7.17
2026-04-30	7.26
2026-04-29	7.11
2026-04-28	6.98
2026-04-27	6.85
2026-04-24	6.86
2026-04-23	6.89
2026-04-22	6.86
2026-04-21	6.82
2026-04-20	6.80
2026-04-17	6.78
2026-04-16	6.79
2026-04-15	6.73
2026-04-14	6.74
2026-04-13	6.78
2026-04-10	6.90
2026-04-09	6.87
2026-04-08	6.86
2026-04-07	6.88
2026-04-06	6.82
2026-04-02	6.81
2026-04-01	6.84
2026-03-31	6.94
2026-03-30	7.05
2026-03-27	7.07
2026-03-26	6.99
2026-03-25	6.88
2026-03-24	6.91
2026-03-23	6.85
2026-03-20	6.84
2026-03-19	6.82
2026-03-18	6.71
2026-03-17	6.76
2026-03-16	6.74
2026-03-13	6.74
2026-03-12	6.67
2026-03-11	6.74
2026-03-10	6.58
2026-03-09	6.69
2026-03-06	6.74
2026-03-05	6.71
2026-03-04	6.75
2026-03-03	6.78
2026-03-02	6.87
2026-02-27	6.78
2026-02-26	6.72
2026-02-25	6.69
2026-02-24	6.76
2026-02-23	6.77
2026-02-20	6.83
2026-02-19	6.80
2026-02-18	6.33
2026-02-17	6.25
2026-02-13	6.29
2026-02-12	6.13
2026-02-11	6.11
2026-02-10	6.08
2026-02-09	6.06
2026-02-06	6.02
2026-02-05	6.11
2026-02-04	6.17
2026-02-03	6.18
2026-02-02	6.09
2026-01-30	6.19
2026-01-29	6.22
2026-01-28	6.12
2026-01-27	6.03
2026-01-26	6.03
2026-01-23	6.04
2026-01-22	6.08
2026-01-21	5.93
2026-01-20	5.85
2026-01-16	5.82
2026-01-15	5.86
2026-01-14	5.87
2026-01-13	5.84
2026-01-12	5.76
2026-01-09	5.69
2026-01-08	5.67
2026-01-07	5.55
2026-01-06	5.46
2026-01-05	5.51
2026-01-02	5.57
2025-12-31	5.54
2025-12-30	5.55
2025-12-29	5.46
2025-12-26	5.46
2025-12-24	5.50
2025-12-23	5.49
2025-12-22	5.47
2025-12-19	5.50
2025-12-18	5.44
2025-12-17	5.50
2025-12-16	5.49
2025-12-15	5.54
2025-12-12	5.56
2025-12-11	5.51
2025-12-10	5.52
2025-12-09	5.60
2025-12-08	5.64
2025-12-05	5.64
2025-12-04	5.64
2025-12-03	5.61
2025-12-02	5.57
2025-12-01	5.65
2025-11-28	5.61
2025-11-26	5.52
2025-11-25	5.46
2025-11-24	5.54
2025-11-21	5.54
2025-11-20	5.59
2025-11-19	5.68
2025-11-18	5.70
2025-11-17	5.69
2025-11-14	5.71
2025-11-13	5.58
2025-11-12	5.57
2025-11-11	5.61
2025-11-10	5.60
2025-11-07	5.52
2025-11-06	5.66
2025-11-05	5.24
2025-11-04	5.13
2025-11-03	5.22
2025-10-31	5.22
2025-10-30	5.20
2025-10-29	5.25
2025-10-28	5.27
2025-10-27	5.24
2025-10-24	5.19
2025-10-23	5.22
2025-10-22	5.24
2025-10-21	5.20
2025-10-20	5.20
2025-10-17	5.10
2025-10-16	5.17
2025-10-15	5.24
2025-10-14	5.12
2025-10-13	5.12
2025-10-10	5.05
2025-10-09	5.15
2025-10-08	5.17
2025-10-07	5.17
2025-10-06	5.16
2025-10-03	5.21
2025-10-02	5.24
2025-10-01	5.27
2025-09-30	5.32
2025-09-29	5.33
2025-09-26	5.41
2025-09-25	5.40
2025-09-24	5.39
2025-09-23	5.30
2025-09-22	5.31
2025-09-19	5.36
2025-09-18	5.41
2025-09-17	5.43
2025-09-16	5.45
2025-09-15	5.44
2025-09-12	5.41
2025-09-11	5.42
2025-09-10	5.40
2025-09-09	5.32
2025-09-08	5.32
2025-09-05	5.39
2025-09-04	5.47
2025-09-03	5.45
2025-09-02	5.49
2025-08-29	5.49
2025-08-28	5.47
2025-08-27	5.45
2025-08-26	5.45
2025-08-25	5.43
2025-08-22	5.43
2025-08-21	5.41

DATE

PRICE/OCF RATIO

2026-09-02

6.16

2026-09-01

6.12

2026-08-31

6.15

2026-08-28

6.09

2026-08-27

6.11

2026-08-26

6.12

2026-08-25

6.01

2026-08-24

6.02

2026-08-21

6.06

2026-08-20

6.06

2026-08-19

6.05

2026-08-18

6.12

2026-08-17

5.98

2026-08-14

6.02

2026-08-13

5.93

2026-08-12

5.99

2026-08-11

5.94

2026-08-10

5.88

2026-08-07

5.75

2026-08-06

5.91

2026-08-05

6.60

2026-08-04

6.60

2026-08-03

6.58

2026-07-31

6.61

2026-07-30

6.57

2026-07-29

6.56

2026-07-28

6.56

2026-07-27

6.46

2026-07-24

6.61

2026-07-23

6.63

2026-07-22

6.61

2026-07-21

6.57

2026-07-20

6.58

2026-07-17

6.60

2026-07-16

6.56

2026-07-15

6.46

2026-07-14

6.52

2026-07-13

6.55

2026-07-10

6.38

2026-07-09

6.43

2026-07-08

6.45

2026-07-07

6.43

2026-07-06

6.25

2026-07-02

6.28

2026-07-01

6.18

2026-06-30

6.21

2026-06-29

6.19

2026-06-26

6.22

2026-06-25

6.23

2026-06-24

6.15

2026-06-23

6.24

2026-06-22

6.13

2026-06-18

6.09

2026-06-17

6.09

2026-06-16

6.14

2026-06-15

6.14

2026-06-12

6.19

2026-06-11

6.09

2026-06-10

6.18

2026-06-09

6.19

2026-06-08

6.28

2026-06-05

6.30

2026-06-04

6.37

2026-06-03

6.35

2026-06-02

6.34

2026-06-01

6.26

2026-05-29

6.22

2026-05-28

6.31

2026-05-27

6.28

2026-05-26

6.36

2026-05-22

6.52

2026-05-21

6.50

2026-05-20

6.55

2026-05-19

6.62

2026-05-18

6.56

2026-05-15

6.54

2026-05-14

6.61

2026-05-13

6.53

2026-05-12

6.49

2026-05-11

6.37

2026-05-08

6.28

2026-05-07

6.47

2026-05-06

7.15

2026-05-05

7.33

2026-05-04

7.22

2026-05-01

7.17

2026-04-30

7.26

2026-04-29

7.11

2026-04-28

6.98

2026-04-27

6.85

2026-04-24

6.86

2026-04-23

6.89

2026-04-22

6.86

2026-04-21

6.82

2026-04-20

6.80

2026-04-17

6.78

2026-04-16

6.79

2026-04-15

6.73

2026-04-14

6.74

2026-04-13

6.78

2026-04-10

6.90

2026-04-09

6.87

2026-04-08

6.86

2026-04-07

6.88

2026-04-06

6.82

2026-04-02

6.81

2026-04-01

6.84

2026-03-31

6.94

2026-03-30

7.05

2026-03-27

7.07

2026-03-26

6.99

2026-03-25

6.88

2026-03-24

6.91

2026-03-23

6.85

2026-03-20

6.84

2026-03-19

6.82

2026-03-18

6.71

2026-03-17

6.76

2026-03-16

6.74

2026-03-13

6.74

2026-03-12

6.67

2026-03-11

6.74

2026-03-10

6.58

2026-03-09

6.69

2026-03-06

6.74

2026-03-05

6.71

2026-03-04

6.75

2026-03-03

6.78

2026-03-02

6.87

2026-02-27

6.78

2026-02-26

6.72

2026-02-25

6.69

2026-02-24

6.76

2026-02-23

6.77

2026-02-20

6.83

2026-02-19

6.80

2026-02-18

6.33

2026-02-17

6.25

2026-02-13

6.29

2026-02-12

6.13

2026-02-11

6.11

2026-02-10

6.08

2026-02-09

6.06

2026-02-06

6.02

2026-02-05

6.11

2026-02-04

6.17

2026-02-03

6.18

2026-02-02

6.09

2026-01-30

6.19

2026-01-29

6.22

2026-01-28

6.12

2026-01-27

6.03

2026-01-26

6.03

2026-01-23

6.04

2026-01-22

6.08

2026-01-21

5.93

2026-01-20

5.85

2026-01-16

5.82

2026-01-15

5.86

2026-01-14

5.87

2026-01-13

5.84

2026-01-12

5.76

2026-01-09

5.69

2026-01-08

5.67

2026-01-07

5.55

2026-01-06

5.46

2026-01-05

5.51

2026-01-02

5.57

2025-12-31

5.54

2025-12-30

5.55

2025-12-29

5.46

2025-12-26

5.46

2025-12-24

5.50

2025-12-23

5.49

2025-12-22

5.47

2025-12-19

5.50

2025-12-18

5.44

2025-12-17

5.50

2025-12-16

5.49

2025-12-15

5.54

2025-12-12

5.56

2025-12-11

5.51

2025-12-10

5.52

2025-12-09

5.60

2025-12-08

5.64

2025-12-05

5.64

2025-12-04

5.64

2025-12-03

5.61

2025-12-02

5.57

2025-12-01

5.65

2025-11-28

5.61

2025-11-26

5.52

2025-11-25

5.46

2025-11-24

5.54

2025-11-21

5.54

2025-11-20

5.59

2025-11-19

5.68

2025-11-18

5.70

2025-11-17

5.69

2025-11-14

5.71

2025-11-13

5.58

2025-11-12

5.57

2025-11-11

5.61

2025-11-10

5.60

2025-11-07

5.52

2025-11-06

5.66

2025-11-05

5.24

2025-11-04

5.13

2025-11-03

5.22

2025-10-31

5.22

2025-10-30

5.20

2025-10-29

5.25

2025-10-28

5.27

2025-10-27

5.24

2025-10-24

5.19

2025-10-23

5.22

2025-10-22

5.24

2025-10-21

5.20

2025-10-20

5.20

2025-10-17

5.10

2025-10-16

5.17

2025-10-15

5.24

2025-10-14

5.12

2025-10-13

5.12

2025-10-10

5.05

2025-10-09

5.15

2025-10-08

5.17

2025-10-07

5.17

2025-10-06

5.16

2025-10-03

5.21

2025-10-02

5.24

2025-10-01

5.27

2025-09-30

5.32

2025-09-29

5.33

2025-09-26

5.41

2025-09-25

5.40

2025-09-24

5.39

2025-09-23

5.30

2025-09-22

5.31

2025-09-19

5.36

2025-09-18

5.41

2025-09-17

5.43

2025-09-16

5.45

2025-09-15

5.44

2025-09-12

5.41

2025-09-11

5.42

2025-09-10

5.40

2025-09-09

5.32

2025-09-08

5.32

2025-09-05

5.39

2025-09-04

5.47

2025-09-03

5.45

2025-09-02

5.49

2025-08-29

5.49

2025-08-28

5.47

2025-08-27

5.45

2025-08-26

5.45

2025-08-25

5.43

2025-08-22

5.43

2025-08-21

5.41

Price/OCF Ratio: 6.16

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