Filing Flows › Energy Transfer LP (ET) › Guidance history
Energy Transfer LP (ET) guidance history: what it guided and what it reported
Energy Transfer LP gave guidance in 11 earnings releases on file since Feb 14, 2024. Its releases raised guidance 6 times and lowered it 0 times.
Operating expenses
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $5.0M (May 5, 2026) → lowered $4.0M (Aug 4, 2026) | — | to be reported | — |
| FY2025 | $138M (Feb 11, 2025) → lowered $10.0M (Aug 6, 2025) | — | — | — |
| FY2024 | $3.0M (Feb 14, 2024) | — | — | — |
Capital expenditures
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2025 | $5.0B (Feb 11, 2025) → reaffirmed $5.0B (May 6, 2025) → reaffirmed $5.0B (Aug 6, 2025) → lowered $4.6B (Nov 5, 2025) | $6.3B (GAAP) | not judged | — |
| FY2024 | $2.9B (May 8, 2024) → raised $3.1B (Aug 7, 2024) | $4.2B (GAAP) | not judged | — |
Adjusted EBITDA
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $17.4B–$17.9B (Feb 17, 2026) → raised $18.2B–$18.6B (May 5, 2026) → raised $18.8B–$19.1B (Aug 4, 2026) → raised $19.7B–$19.9B (Nov 3, 2026) | — | to be reported | — |
| FY2025 | $16.1B–$16.5B (Feb 11, 2025) → reaffirmed $16.1B–$16.5B (May 6, 2025) → reaffirmed $16.1B–$16.5B (Aug 6, 2025) → reaffirmed $16.1B–$16.5B (Nov 5, 2025) | — | — | — |
| FY2024 | $14.5B–$14.8B (Feb 14, 2024) → raised $15.0B–$15.3B (May 8, 2024) → raised $15.3B–$15.5B (Aug 7, 2024) | — | — | — |
The latest quarter
Energy Transfer LP, Q3 2026: revenue $37.1B (+86% year over year), operating margin 7.5%, net earnings $1.2B, operating cash flow $4.0B. The chart follows the revenue to costs, profit and cash.
Questions
Does Energy Transfer LP beat its guidance?
Energy Transfer LP gave guidance in 11 earnings releases on file since Feb 14, 2024. Its releases raised guidance 6 times and lowered it 0 times.
How often does Energy Transfer LP raise guidance?
Its earnings releases raised guidance 6 times and lowered it 0 times since Feb 14, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.