Energy Transfer (ET) Capital Expenditures (2010 - 2026)
Energy Transfer's (ET) quarterly Capital Expenditures came in at $1.9 billion in Q1 2026, up 56.54% YoY from $1.2 billion in Q1 2025, and down 9.75% on a QoQ basis from $2.1 billion in Q4 2025.
Energy Transfer (ET) Capital Expenditures (2010 - 2026) Analysis & Trends
Energy Transfer (ET) has 17 years of Capital Expenditures data on file, last reported at $1.9 billion in Q1 2026.
- Quarterly Capital Expenditures rose 56.54% year-over-year to $1.9 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.0 billion (up 52.3% YoY) and the FY2025 annual result came in at $6.3 billion, up 51.37% from the prior year.
- Capital Expenditures eased to $1.9 billion in Q1 2026, from $2.1 billion in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $2.1 billion in Q4 2025 to a low of $701.0 million in Q3 2023.
- A 5-year average of $1.1 billion and a median of $888.0 million in 2022 frame the typical range for Capital Expenditures.
- Annual changes were most pronounced in 2023 — Capital Expenditures slumped 32.27% — and 2024, when it jumped 109.09%.
- Tracing ET's Capital Expenditures over 5 years: stood at $888.0 million in 2022, then declined by 20.72% to $704.0 million in 2023, then jumped by 109.09% to $1.5 billion in 2024, then jumped by 44.23% to $2.1 billion in 2025, then declined by 9.75% to $1.9 billion in 2026.
- The last three Capital Expenditures figures came in at $1.9 billion (Q1 2026), $2.1 billion (Q4 2025), and $1.3 billion (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 982.00 Mn |
| 2 | Enbridge | 111.03 Bn | 109.54 Bn | 5.23 Bn | 2.15 Bn |
| 3 | Enterprise Products Partners | 83.34 Bn | 82.44 Bn | - | 1.16 Bn |
| 4 | Energy Transfer | 72.41 Bn | 71.38 Bn | 7.40 Bn | 1.56 Bn |
| 5 | Tc Energy | 65.97 Bn | 58.41 Bn | 1.24 Bn | -3.61 Mn |
| 6 | Oneok | 60.11 Bn | 59.94 Bn | 2.81 Bn | 613.00 Mn |
| 7 | Mplx | 60.04 Bn | 59.01 Bn | 2.73 Bn | 825.00 Mn |
| 8 | Targa Resources | 59.42 Bn | 59.29 Bn | 2.14 Bn | 1.01 Bn |
| 9 | Cheniere Energy | 56.10 Bn | 54.85 Bn | 5.29 Bn | 1.18 Bn |
| 10 | Venture Global | 34.30 Bn | 31.08 Bn | 2.92 Bn | 3.72 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.56 Bn |
| Jun 30, 2026 | 1.56 Bn |
| Mar 31, 2026 | 1.92 Bn |
| Mar 31, 2026 | 1.92 Bn |
| Dec 31, 2025 | 2.12 Bn |
| Dec 31, 2025 | 2.12 Bn |
| Sep 30, 2025 | 1.30 Bn |
| Sep 30, 2025 | 1.30 Bn |
| Jun 30, 2025 | 1.66 Bn |
| Jun 30, 2025 | 1.66 Bn |
| Mar 31, 2025 | 1.22 Bn |
| Mar 31, 2025 | 1.22 Bn |
| Dec 31, 2024 | 1.47 Bn |
| Dec 31, 2024 | 1.47 Bn |
| Sep 30, 2024 | 1.09 Bn |
| Sep 30, 2024 | 1.09 Bn |
| Jun 30, 2024 | 811.00 Mn |
| Jun 30, 2024 | 811.00 Mn |
| Mar 31, 2024 | 795.00 Mn |
| Mar 31, 2024 | 795.00 Mn |