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Energy Transfer ET Gathering, transportation and other fees — Total revenues

Other product segments

Refined product sales
$8.22B+65.0%
Crude sales
$7.72B+40.4%
NGL sales
$5.13B-9.1%
Natural gas sales
$1.48B-6.5%

Similar metrics at other companies

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$93.77M-26.7%
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HESMGathering — Revenue
$204.1M+0.2%
EQT Corporation logo
EQTGathering — Total operating revenues
$334.98M-0.1%
TRG
TRGPGathering And Processing Fees — Revenue
$559.7M+19.3%
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CRGYMidstream and other — Total revenues
$6.04M-83.0%
BKV logo
BKVMidstream revenues — Revenue
$2.3M-17.1%

Other financials

Income statement

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Revenue$27.8B+32.1%
Gross profit$6.6B+21.5%
Operating income$3.0B+19.8%
Net income$1.3B-5.2%
EPS (diluted)$0.35-2.8%

Balance sheet

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Cash & equivalents$951.0M+110%
Total debt$71.1B+17.3%
Total assets$147.48B+16.7%

Cash flow

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Operating cash flow$3.4B+15.8%
CapEx$1.9B+56.5%
Free cash flow$1.5B-13.6%

Valuation

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Market cap$65.18B+4.1%

Profitability

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Gross margin25.2%-0.6pp
Operating margin10.3%-1.0pp
Net margin4.7%-1.2pp
FCF margin4.2%-3.2pp

Returns & leverage

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Current ratio1.2×0.0×

Where this comes from

Reported directly by Energy Transfer in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The official record: Energy Transfer’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Energy Transfer's gathering, transportation and other fees — total revenues?
Energy Transfer (ET) reported gathering, transportation and other fees — total revenues of $3.26B in Q1 2026.
How has Energy Transfer's gathering, transportation and other fees — total revenues changed year-over-year?
Energy Transfer's gathering, transportation and other fees — total revenues increased by 8.5% year-over-year, from $3.01B to $3.26B.
What does gathering, transportation and other fees — total revenues mean?
This metric represents the total revenue generated from midstream energy services, specifically the gathering of raw natural gas and crude oil from production sites and their subsequent transportation through pipeline networks. It also encompasses ancillary fees related to processing, compression, and other logistical support services provided to upstream producers. As a core component of the midstream business model, these revenues are typically driven by long-term, fee-based contracts that provide stable cash flows regardless of commodity price volatility.