Energy Transfer: Game Changing FY26 Guidance

Core Viewpoint - Energy Transfer (ET) shares have decreased by 9% since the last coverage, while the S&P 500 has gained 15% during the same period, indicating underperformance in comparison to the broader market [1]. Group 1: Company Performance - The decline in ET shares follows a significant run-up in the natural gas sector observed in late 2024 to early 2025, suggesting volatility in the sector's performance [1]. Group 2: Analyst Background - The analysis is conducted by an individual with over 20 years of investment experience, focusing on fundamental analysis and identifying undervalued assets that present a favorable risk/reward profile [1].