Energy Transfer Q2 Earnings Preview: Guidance Hike and Strategic Moves
Energy Transfer (ET) is set to report its second-quarter earnings on August 4th before the market opens. Analysts expect the company to post an EPS of $0.38 with revenue reaching $28.86 billion, a significant increase from last year's figures by over 50%. The anticipated strong performance aligns with Energy Transfer’s recent upward revision of its EBITDA guidance for 2026, now projected between $18.2B and $18.6B. The company has also made strategic moves in capital expenditures (capex) and a pipeline deal involving Explorer, signaling confidence in future growth potential. These developments are expected to influence investor sentiment ahead of the earnings release.
Tickers: $ET
Topics: earnings guidance_update