Energy Transfer LP (ET) Falls More Steeply Than Broader Market: What Investors Need to Know

Energy Transfer LP (ET) declined 1.05% on September 16, 2026, underperforming the S&P 500's 0.45% loss. Despite the recent weakness, the company shows strong fundamentals with projected EPS growth of 46.43% and revenue growth of 75.27% for the upcoming quarter. ET trades at a Forward P/E of 12.26, below its industry average, and holds a Zacks Rank #3 (Hold) rating.