Energy Transfer (ET) Shares Outstanding (Diluted Average) (2009 - 2026)
Energy Transfer (ET) posted Shares Outstanding (Diluted Average) of $3.5 billion for Q1 2026, little changed on a QoQ basis from $3.4 billion in Q4 2025, and little changed year-over-year from $3.5 billion in Q1 2025.
Energy Transfer (ET) Shares Outstanding (Diluted Average) (2009 - 2026) Analysis & Trends
Energy Transfer (ET) has reported Shares Outstanding (Diluted Average) for 18 consecutive years, with $3.5 billion the latest figure, recorded in Q1 2026.
- Shares Outstanding (Diluted Average) for Q1 2026 came in at $3.5 billion, changed 0.13% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.5 billion (changed 0.13% YoY), and the FY2025 annual result was $3.4 billion, up 0.85% from the prior year.
- Shares Outstanding (Diluted Average) was $3.5 billion for Q1 2026 at Energy Transfer, roughly flat from $3.4 billion in the prior quarter.
- Over five years, Shares Outstanding (Diluted Average) peaked at $3.5 billion in Q1 2026 and troughed at $3.1 billion in Q4 2022.
- A 5-year average of $3.3 billion and a median of $3.4 billion in 2024 frame the typical range for Shares Outstanding (Diluted Average).
- Annual changes were most pronounced in 2022 — Shares Outstanding (Diluted Average) increased 14.47% — and 2026, when it rose 0.13%.
- Year by year, Shares Outstanding (Diluted Average) stood at $3.1 billion in 2022, then rose by 2.59% to $3.2 billion in 2023, then advanced by 7.66% to $3.4 billion in 2024, then grew by 0.85% to $3.4 billion in 2025, then grew by 0.23% to $3.5 billion in 2026.
- Per Business Quant, the three latest ET Shares Outstanding (Diluted Average) figures stand at $3.5 billion (Q1 2026), $3.4 billion (Q4 2025), and $3.5 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Diluted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 1.60 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 2.23 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 2.19 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 3.46 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 215.50 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.02 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 631.60 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | - |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 2.64 Bn |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn | 706.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.46 Bn |
| Dec 31, 2025 | 3.45 Bn |
| Sep 30, 2025 | 3.46 Bn |
| Jun 30, 2025 | 3.45 Bn |
| Mar 31, 2025 | 3.45 Bn |
| Dec 31, 2024 | 3.42 Bn |
| Sep 30, 2024 | 3.44 Bn |
| Jun 30, 2024 | 3.39 Bn |
| Mar 31, 2024 | 3.39 Bn |
| Dec 31, 2023 | 3.18 Bn |
| Sep 30, 2023 | 3.17 Bn |
| Jun 30, 2023 | 3.15 Bn |
| Mar 31, 2023 | 3.12 Bn |
| Dec 31, 2022 | 3.10 Bn |
| Sep 30, 2022 | 3.11 Bn |
| Jun 30, 2022 | 3.11 Bn |
| Mar 31, 2022 | 3.10 Bn |
| Dec 31, 2021 | 2.74 Bn |
| Sep 30, 2021 | 2.72 Bn |
| Jun 30, 2021 | 2.72 Bn |