Energy Transfer Increases Growth Capex Guidance to $5.9 Billion for 2026
Energy Transfer (NYSE: ET) has raised its growth capital expenditure guidance for 2026 from $5 billion–$5.5 billion to $5.5 billion–$5.9 billion, signaling a shift toward expansion and long-term commitments. The spending is tied to projects with existing customer demand, particularly in natural gas-fired electricity generation supporting AI data centers.
Topics: Capex Guidance Energy Midstream Energy Pipeline Expansion