Business Segments · Total revenues

Midstream — Total revenues

Energy Transfer Midstream — Total revenues increased by 11.9% to $3.04B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 16.7%, from $3.66B to $3.04B. Over 4 years (FY 2021 to FY 2025), Midstream — Total revenues shows an upward trend with a 2.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026
Rolls up toTotal Revenue

How to read this metric

An increase suggests higher throughput volumes or favorable pricing environments for midstream services, while a decrease may indicate lower demand or reduced capacity utilization.

Detailed definition

This metric represents the total gross revenue generated by the midstream business segment, primarily from the gathering...

Peer comparison

Standard revenue metric across all midstream energy companies, comparable to total segment revenue reported by peers like Enterprise Products Partners or Plains All American.

Metric ID: et_segment_midstream_total_revenues

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.20B$2.92B$3.53B$3.93B$5.05B$4.87B$3.26B$2.75B$2.47B$2.78B$2.41B$2.77B$2.51B$2.76B$3.16B$3.66B$3.14B$2.99B$2.72B$3.04B
QoQ Change+32.7%+20.8%+11.3%+28.7%-3.5%-33.2%-15.4%-10.4%+12.5%-13.3%+15.2%-9.6%+10.0%+14.6%+15.7%-14.3%-4.6%-9.1%+11.9%
YoY Change+129.6%+66.9%-7.7%-29.8%-51.1%-43.0%-26.1%+0.7%+1.6%-0.7%+31.3%+31.8%+25.0%+8.5%-13.9%-16.7%
Range$2.20B$5.05B
CAGR+7.1%
Avg YoY Growth+6.7%
Median YoY Growth+0.0%

Frequently Asked Questions

What is Energy Transfer's midstream — total revenues?
Energy Transfer (ET) reported midstream — total revenues of $3.04B in Q1 2026.
How has Energy Transfer's midstream — total revenues changed year-over-year?
Energy Transfer's midstream — total revenues decreased by 16.7% year-over-year, from $3.66B to $3.04B.
What is the long-term trend for Energy Transfer's midstream — total revenues?
Over 4 years (2021 to 2025), Energy Transfer's midstream — total revenues has grown at a 2.5% compound annual growth rate (CAGR), from $11.32B to $12.50B.
What does midstream — total revenues mean?
The total gross income earned specifically from midstream energy operations.