Energy Transfer LP (ET) Revenue & Revenue Breakdown

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Energy Transfer LP Revenue Highlights

Latest Revenue (Y)

$82.63B

Latest Revenue (Q)

$27.77B

Main Segment (Y)

Oil and Gas

Main Geography (Y)

Midstream

Energy Transfer LP Revenue by Period

Energy Transfer LP Revenue by Year

Date	Revenue	Change
2025-12-31	$82.63B	-0.05%
2024-12-31	$82.67B	5.20%
2023-12-31	$78.59B	-12.56%
2022-12-31	$89.88B	33.31%
2021-12-31	$67.42B	73.07%
2020-12-31	$38.95B	-28.15%
2019-12-31	$54.21B	0.23%
2018-12-31	$54.09B	33.47%
2017-12-31	$40.52B	8.05%
2016-12-31	$37.50B	-10.97%
2015-12-31	$42.13B	-24.36%
2014-12-31	$55.69B	15.22%
2013-12-31	$48.34B	184.93%
2012-12-31	$16.96B	105.86%
2011-12-31	$8.24B	24.89%
2010-12-31	$6.60B	21.80%
2009-12-31	$5.42B	-41.71%
2008-12-31	$9.29B	36.83%
2007-08-31	$6.79B	-13.58%
2006-08-31	$7.86B	27.40%
2005-08-31	$6.17B	162.84%
2004-08-31	$2.35B	-

Energy Transfer LP generated $82.63B in revenue during NA 2025, up -0.05% compared to the previous quarter, and up 212.11% compared to the same period a year ago.

Energy Transfer LP Revenue by Quarter

Date	Revenue	Change
2026-03-31	$27.77B	23.92%
2025-12-31	$22.41B	12.31%
2025-09-30	$19.95B	3.70%
2025-06-30	$19.24B	-8.46%
2025-03-31	$21.02B	7.57%
2024-12-31	$19.54B	-5.93%
2024-09-30	$20.77B	0.21%
2024-06-30	$20.73B	-4.16%
2024-03-31	$21.63B	5.34%
2023-12-31	$20.53B	-1.00%
2023-09-30	$20.74B	13.20%
2023-06-30	$18.32B	-3.55%
2023-03-31	$19.00B	-7.35%
2022-12-31	$20.50B	-10.63%
2022-09-30	$22.94B	-11.59%
2022-06-30	$25.95B	26.62%
2022-03-31	$20.49B	9.83%
2021-12-31	$18.66B	11.96%
2021-09-30	$16.66B	10.35%
2021-06-30	$15.10B	-11.14%
2021-03-31	$17.00B	69.37%
2020-12-31	$10.03B	0.79%
2020-09-30	$9.96B	35.66%
2020-06-30	$7.34B	-36.89%
2020-03-31	$11.63B	-15.26%
2019-12-31	$13.72B	1.67%
2019-09-30	$13.49B	-2.75%
2019-06-30	$13.88B	5.76%
2019-03-31	$13.12B	-3.33%
2018-12-31	$13.57B	-6.48%
2018-09-30	$14.51B	2.80%
2018-06-30	$14.12B	18.82%
2018-03-31	$11.88B	3.75%
2017-12-31	$11.45B	20.88%
2017-09-30	$9.47B	6.03%
2017-06-30	$8.94B	-20.56%
2017-03-31	$11.25B	4.11%
2016-12-31	$10.80B	11.66%
2016-09-30	$9.68B	3.54%
2016-06-30	$9.34B	17.14%
2016-03-31	$7.98B	-16.35%
2015-12-31	$9.54B	-10.17%
2015-09-30	$10.62B	-8.44%
2015-06-30	$11.59B	11.70%
2015-03-31	$10.38B	-23.00%
2014-12-31	$13.48B	-10.05%
2014-09-30	$14.99B	5.97%
2014-06-30	$14.14B	8.13%
2014-03-31	$13.08B	3.75%
2013-12-31	$12.61B	0.97%
2013-09-30	$12.49B	3.51%
2013-06-30	$12.06B	7.91%
2013-03-31	$11.18B	-1.18%
2012-12-31	$11.31B	421.11%
2012-09-30	$2.17B	9.85%
2012-06-30	$1.98B	17.00%
2012-03-31	$1.69B	-22.47%
2011-12-31	$2.18B	3.86%
2011-09-30	$2.10B	6.23%
2011-06-30	$1.97B	-0.71%
2011-03-31	$1.99B	12.01%
2010-12-31	$1.78B	11.84%
2010-09-30	$1.59B	16.02%
2010-06-30	$1.37B	-26.89%
2010-03-31	$1.87B	24.32%
2009-12-31	$1.51B	-

Energy Transfer LP generated $27.77B in revenue during Q1 2026, up 23.92% compared to the previous quarter, and up 142.12% compared to the same period a year ago.

Energy Transfer LP Revenue Breakdown

Energy Transfer LP Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Natural gas sales	$2.74B	$3.26B	$8.54B	$9.16B	$2.63B
Natural Gas, Midstream	$12.03B	$11.43B	$10.91B	$9.23B	$8.98B
NGL sales	$19.11B	$15.96B	$20.11B	$15.24B	$6.80B
Oil and Gas	$25.37B	$23.49B	$23.47B	$15.30B	$9.44B
Product and Service, Other	$1.38B	$1.06B	$827.00M	$721.00M	$586.00M
Oil and Gas, Refining and Marketing	$22.05B	$23.39B	$26.02B	$17.77B	$10.51B

Energy Transfer LP's latest annual revenue breakdown by segment (product or service), as of Dec 24: Oil and Gas (30.69%), Oil and Gas, Refining and Marketing (26.67%), NGL sales (23.11%), Natural Gas, Midstream (14.55%), Natural gas sales (3.31%), and Product and Service, Other (1.67%).

Quarterly Revenue by Product

Product/Service	Mar 26	Jun 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20
Product and Service, Other	$638.00M	$405.00M	$380.00M	$705.00M	$413.00M	$265.00M	$566.00M	$268.00M	$227.00M	$199.00M	$218.00M	$222.00M	$197.00M	$176.00M	$161.00M	$187.00M	$127.00M	$165.00M	$104.00M	-
NGL sales	$5.13B	$4.50B	$5.64B	$9.15B	$4.71B	$5.25B	$8.31B	$3.49B	$4.16B	$4.29B	$4.82B	$5.90B	$5.11B	$4.97B	$4.00B	$3.36B	$2.91B	$2.05B	$1.81B	$1.25B
Crude sales	$6.99B	$5.02B	$5.45B	$6.48B	$6.84B	$5.23B	$5.77B	$6.68B	$5.30B	-	-	-	-	-	-	-	-	-	-	-
Gathering, transportation and other fees	$3.26B	$3.08B	$3.00B	$3.10B	$2.90B	$2.81B	$2.83B	$2.77B	$2.69B	-	-	-	-	-	-	-	-	-	-	-
Refined product sales	$10.27B	$5.17B	$4.96B	$5.45B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural gas sales	$1.48B	$1.06B	$1.58B	$1.38B	$505.00M	$855.00M	$1.68B	$685.00M	$899.00M	$2.65B	$2.43B	$1.75B	-	-	-	-	-	-	-	-
Refined Products	-	-	-	-	$5.57B	$5.51B	$5.83B	$6.65B	$7.95B	$4.81B	$4.40B	$3.52B	$2.72B	$2.00B	-	-	-	-	-	-
Oil and Gas, Refining and Marketing	-	-	-	-	-	-	$17.93B	$5.45B	$10.26B	$1.38B	$1.01B	$5.12B	$8.73B	$681.00M	$514.00M	-	-	-	-	-
Natural Gas, Midstream	-	-	-	-	-	-	$8.65B	$2.78B	$2.43B	$2.28B	$2.25B	$2.27B	$2.18B	$2.28B	$2.14B	-	-	-	-	-
Oil and Gas	-	-	-	-	-	-	$18.01B	$5.48B	$4.38B	$4.02B	$3.91B	$2.99B	$2.27B	$2.30B	$1.33B	-	-	-	-	-
Other revenue	-	-	-	-	-	-	-	-	-	-	-	-	$188.00M	-	-	-	-	-	-	-

Energy Transfer LP's latest quarterly revenue breakdown by segment (product or service), as of Mar 26: Refined product sales (36.99%), Crude sales (25.18%), NGL sales (18.47%), Gathering, transportation and other fees (11.74%), Natural gas sales (5.32%), and Product and Service, Other (2.30%).

Energy Transfer LP Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Midstream	$11.20B	$10.41B	$17.10B	$11.32B	$5.03B

Energy Transfer LP's latest annual revenue breakdown by geography, as of Dec 24: Midstream (100.00%).

Quarterly Revenue by Country

Country	Mar 26	Jun 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20
Midstream	$3.04B	$3.13B	$3.66B	$5.67B	$2.76B	$2.77B	$5.18B	$2.47B	$2.75B	$3.25B	$4.87B	$5.05B	$3.92B	$3.53B	$2.92B	$2.20B	$2.67B	$1.46B	$1.38B	$1.02B

Energy Transfer LP's latest quarterly revenue breakdown by geography, as of Mar 26: Midstream (100.00%).

Energy Transfer LP Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
EQNR	Equinor ASA	$106.85B	$25.09B
E	Eni S.p.A.	$93.72B	$22.94B
ET	Energy Transfer LP	$82.63B	$27.77B
EPD	Enterprise Products Partners	$52.60B	$14.39B
SLB	SLB	$35.71B	$8.72B
OKE	ONEOK	$33.63B	$9.62B
EOG	EOG Resources	$22.58B	$6.76B
KMI	Kinder Morgan	$16.95B	$4.83B
LNG	Cheniere Energy	$15.70B	$5.87B
TRP	TC Energy	$15.03B	$4.07B
MPLX	MPLX Lp	$11.82B	$3.04B

ET Revenue FAQ

What is Energy Transfer LP’s yearly revenue?

Energy Transfer LP's yearly revenue for 2025 was $82.63B, representing a decrease of -0.05% compared to 2024. The company's yearly revenue for 2024 was $82.67B, representing an increase of 5.20% compared to 2023. ET's yearly revenue for 2023 was $78.59B, representing a decrease of -12.56% compared to 2022.

What is Energy Transfer LP’s quarterly revenue?

Energy Transfer LP's quarterly revenue for Q1 2026 was $27.77B, a 23.92% increase from the previous quarter (Q4 2025), and a 32.12% increase year-over-year (Q1 2025). The company's quarterly revenue for Q4 2025 was $22.41B, a 12.31% increase from the previous quarter (Q3 2025), and a 14.68% increase year-over-year (Q4 2024). ET's quarterly revenue for Q3 2025 was $19.95B, a 3.70% increase from the previous quarter (Q2 2025), and a -3.94% decrease year-over-year (Q3 2024).

What is Energy Transfer LP’s revenue growth rate?

Energy Transfer LP's revenue growth rate for the last 3 years (2023-2025) was 5.14%, and for the last 5 years (2021-2025) was 22.56%.

What are Energy Transfer LP’s revenue streams?

Energy Transfer LP's revenue streams in c 24 are Natural gas sales, Natural Gas, Midstream, NGL sales, Oil and Gas, Product and Service, Other, and Oil and Gas, Refining and Marketing. Natural gas sales generated $2.74B in revenue, accounting 3.31% of the company's total revenue, down -16.02% year-over-year. Natural Gas, Midstream generated $12.03B in revenue, accounting 14.55% of the company's total revenue, up 5.24% year-over-year. NGL sales generated $19.1B in revenue, accounting 23.11% of the company's total revenue, up 19.73% year-over-year. Oil and Gas generated $25.37B in revenue, accounting 30.69% of the company's total revenue, up 7.99% year-over-year. Product and Service, Other generated $1.38B in revenue, accounting 1.67% of the company's total revenue, up 30.35% year-over-year. Oil and Gas, Refining and Marketing generated $22.05B in revenue, accounting 26.67% of the company's total revenue, down -5.72% year-over-year.

What is Energy Transfer LP’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Energy Transfer LP was Oil and Gas. This segment made a revenue of $25.37B, representing 30.69% of the company's total revenue.