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Energy Transfer ET Natural gas sales — Total revenues

Other product segments

Refined product sales
$8.22B+65.0%
Crude sales
$7.72B+40.4%
NGL sales
$5.74B+27.5%
Gathering, transportation and other fees
$3.21B+7.2%

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CHRDPurchased natural gas sales — Total revenues
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$158.37M-15.5%

Other financials

Income statement

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Revenue$34.3B+78.4%
Gross profit$7.4B+39.7%
Operating income$3.6B+54.8%
Net income$2.1B+79.5%
EPS (diluted)$0.59+84.4%

Balance sheet

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Cash & equivalents$1.0B+321%
Total debt$70.2B+14.1%
Total assets$148.17B+18.5%

Cash flow

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Operating cash flow$4.3B+54.6%
CapEx$1.6B-5.7%
Free cash flow$2.7B+145%

Valuation

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Market cap$71.17B+16.1%
Enterprise value$140.39B+14.5%
P/E13.5×+0.5×
P/S0.7×-0.1×

Profitability

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Gross margin23.6%-2.8pp
Operating margin10%-1.4pp
Net margin4.9%-1.0pp
FCF margin5.1%-2.0pp

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 source filing: Energy Transfer’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:46 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001276187-26-000038
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Crude sales10,3035,02417,29710,473
NGL sales5,7394,50010,86710,142
Gathering, transportation and other fees3,2913,0806,5526,085
Natural gas sales4001,0581,8782,639
Other7594051,397785
Total revenues34,33419,24262,10540,262
COSTS AND EXPENSES:
Cost of products sold26,93613,94648,08529,517

Item 1. FINANCIAL STATEMENTS (unaudited)

FAQ

What is Energy Transfer's natural gas sales — total revenues?
Energy Transfer (ET) reported natural gas sales — total revenues of $400M in Q2 2026.
How has Energy Transfer's natural gas sales — total revenues changed year-over-year?
Energy Transfer's natural gas sales — total revenues decreased by 62.2% year-over-year, from $1.06B to $400M.
What is the long-term trend for Energy Transfer's natural gas sales — total revenues?
Over 2 years (2023 to 2025), Energy Transfer's natural gas sales — total revenues has grown at a 19.5% compound annual growth rate (CAGR), from $3.26B to $4.66B.
What does natural gas sales — total revenues mean?
This metric represents the total gross revenue generated from the sale of natural gas products to third-party customers. It reflects the company's ability to monetize its gathering, processing, and marketing operations within the midstream energy value chain. Fluctuations in this figure are primarily driven by changes in commodity market prices and the total volume of natural gas throughput handled by the company's infrastructure assets.

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