Energy Transfer Projects 2026 Adjusted EBITDA of $17.3 Billion to $17.7 Billion
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Energy Transfer LP has projected its 2026 adjusted EBITDA to be between $17.3 billion and $17.7 billion. The company plans growth capital expenditures of $5.0 billion to $5.5 billion, focusing on expanding its natural gas network. Expected returns are targeted in the mid-teens with build multiples under 6.0x EBITDA. Energy Transfer aims to maintain a leverage target of 4.0 to 4.5 times EBITDA, emphasizing disciplined growth and high-return projects. This guidance excludes affiliates Sunoco LP and USA Compression Partners, LP.
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