Energy Transfer (ET) Preferred Shares (2016 - 2026)
Energy Transfer's Preferred Shares was $3.36 billion in Q2 2026, unchanged from $3.36 billion a year earlier and down 0.9% from the prior quarter.
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Analysis
Energy Transfer (ET) Preferred Shares (2016 - 2026) Analysis & Trends
From Q2 2016 onward, Energy Transfer has reported Preferred Shares for 29 quarters.
- Preferred Shares shows a four-year compound annual growth rate of -13.7% (FY2021 to FY2025).
- In earlier years, Preferred Shares was $3.85 billion in FY2024 (-40.4%), $6.46 billion in FY2023 (+6.7%), $6.05 billion in FY2022 (unchanged) and $6.05 billion in FY2021.
- Quarterly Preferred Shares has moved between $3.36 billion (Q2 2025) and $6.46 billion (Q4 2023) over five years.
- The best year-over-year quarter for Preferred Shares over five years was Q3 2022 (growth of 7.2%); the worst was Q4 2024 (a decline of 40.4%).
- Per Business Quant data, ET's Preferred Shares in the three quarters before Q2 2026 was $3.39 billion (Q1 2026), $3.36 billion (Q4 2025) and $3.39 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Preferred Shares (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.88 Bn | 99.42 Bn | 4.84 Bn | 4.93 Bn |
| 2 | Enterprise Products Partners | 77.78 Bn | 76.22 Bn | - | - |
| 3 | Energy Transfer | 68.56 Bn | 62.00 Bn | 7.40 Bn | 3.36 Bn |
| 4 | Kinder Morgan | 67.77 Bn | 68.72 Bn | 3.07 Bn | - |
| 5 | Tc Energy | 60.65 Bn | 63.72 Bn | 2.81 Bn | 1.63 Bn |
| 6 | Targa Resources | 58.65 Bn | 58.26 Bn | 2.14 Bn | - |
| 7 | Mplx | 57.82 Bn | 51.38 Bn | 2.91 Bn | - |
| 8 | Cheniere Energy | 55.20 Bn | 55.33 Bn | 5.29 Bn | - |
| 9 | Oneok | 54.77 Bn | 53.26 Bn | 2.81 Bn | - |
| 10 | Venture Global | 31.21 Bn | 25.77 Bn | 2.92 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.36 Bn |
| Mar 31, 2026 | 3.39 Bn |
| Dec 31, 2025 | 3.36 Bn |
| Sep 30, 2025 | 3.39 Bn |
| Jun 30, 2025 | 3.36 Bn |
| Mar 31, 2025 | 3.89 Bn |
| Dec 31, 2024 | 3.85 Bn |
| Sep 30, 2024 | 3.89 Bn |
| Jun 30, 2024 | 3.85 Bn |
| Mar 31, 2024 | 5.63 Bn |
| Dec 31, 2023 | 6.46 Bn |
| Sep 30, 2023 | 6.08 Bn |
| Jun 30, 2023 | 6.04 Bn |
| Mar 31, 2023 | 6.08 Bn |
| Dec 31, 2022 | 6.05 Bn |
| Sep 30, 2022 | 6.08 Bn |
| Jun 30, 2022 | 6.05 Bn |
| Mar 31, 2022 | 6.08 Bn |
| Dec 31, 2021 | 6.05 Bn |
| Sep 30, 2021 | 5.67 Bn |
API Access
Energy Transfer Preferred Shares API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=preferred-shares&ticker=ET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "preferred-shares", "ticker": "ET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=preferred-shares&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();