Energy Transfer LP splits its revenue into 6 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Oil And Gas Refining And Marketing at $24.2 billion, 28% of the total.
USD in millions. The percent under a figure is the change from the year before.
| Line |
FY 2026
Sep 30, 2026
|
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Dec 31, 2020
|
FY 2019
Dec 31, 2019
|
FY 2018
Dec 31, 2018
|
FY 2017
Dec 31, 2017
|
FY 2016
Dec 31, 2016
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
124,528
|
85,536
|
82,671
|
78,586
|
89,876
|
67,417
|
38,954
|
54,213
|
54,087
|
40,523
|
31,792
|
| Oil And Gas Refining And Marketing |
—
|
24,211
+9.8%
share 28.3%
|
22,051
-5.7%
share 26.7%
|
23,389
-10.1%
share 29.8%
|
26,020
+46.5%
share 29.0%
|
17,766
+69.0%
share 26.4%
|
10,514
-37.2%
share 27.0%
|
16,752
-4.0%
share 30.9%
|
17,458
+56.3%
share 32.3%
|
11,166
share 27.6%
|
—
|
| Oil And Gas |
—
|
23,487
-7.4%
share 27.5%
|
25,368
+8.0%
share 30.7%
|
23,492
+0.1%
share 29.9%
|
23,473
+53.4%
share 26.1%
|
15,299
+62.0%
share 22.7%
|
9,442
-40.7%
share 24.2%
|
15,917
+10.3%
share 29.4%
|
14,425
+34.7%
share 26.7%
|
10,706
share 26.4%
|
—
|
| NG Lsales |
—
|
19,038
-0.4%
share 22.3%
|
19,105
+19.7%
share 23.1%
|
15,957
-20.7%
share 20.3%
|
20,114
+32.0%
share 22.4%
|
15,243
+124.3%
share 22.6%
|
6,797
-18.0%
share 17.4%
|
8,290
-17.0%
share 15.3%
|
9,986
+28.3%
share 18.5%
|
7,781
share 19.2%
|
—
|
| Natural Gas Midstream |
—
|
12,423
+3.3%
share 14.5%
|
12,027
+5.2%
share 14.5%
|
11,428
+4.8%
share 14.5%
|
10,907
+18.2%
share 12.1%
|
9,229
+2.7%
share 13.7%
|
8,982
-1.1%
share 23.1%
|
9,086
+33.7%
share 16.8%
|
6,797
+53.3%
share 12.6%
|
4,435
share 10.9%
|
—
|
| Naturalgassales |
—
|
4,655
+70.1%
share 5.4%
|
2,737
-16.0%
share 3.3%
|
3,259
-61.8%
share 4.1%
|
8,535
-6.8%
share 9.5%
|
9,159
+247.9%
share 13.6%
|
2,633
-20.1%
share 6.8%
|
3,295
-26.0%
share 6.1%
|
4,452
+6.7%
share 8.2%
|
4,172
share 10.3%
|
—
|
| Product And Service Other |
—
|
1,722
+24.5%
share 2.0%
|
1,383
+30.3%
share 1.7%
|
1,061
+28.3%
share 1.4%
|
827
+14.7%
share 0.9%
|
721
+23.0%
share 1.1%
|
586
-32.9%
share 1.5%
|
873
-9.9%
share 1.6%
|
969
-57.2%
share 1.8%
|
2,263
share 5.6%
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.
Company profile
- Industry
- Natural Gas Transmission (SIC 4922)
- Listed as
- ET (TXSE), ET-PI (TXSE)
- Fiscal year ends
- December 31
- Incorporated in
- OK
- Headquarters
- Dallas, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1276187
- Former names
- Energy Transfer Equity, L.P. (until Sep 18, 2018); LAGRANGE ENERGY LP (until Jun 24, 2005)
Other Natural Gas Transmission companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.