Energy Transfer lifts 2026 EBITDA guidance to $17.5-$17.9B
Energy Transfer raised its 2026 adjusted EBITDA guidance by $0.2B to $17.5-$17.9B following USA Compression’s J-W Power acquisition. Analysts hold a moderately bullish consensus of seven Buy and four Hold ratings, with a median one-year price target of $21.15 implying over 13% upside.
1. 2026 Guidance Increase
On February 17, Energy Transfer raised its full-year 2026 adjusted EBITDA guidance by $200 million to a range of $17.5 billion to $17.9 billion. The revision reflects the contribution from USA Compression’s completed acquisition of J-W Power Company, enhancing midstream compression capacity.
2. Analyst Ratings and Price Targets
As of February 26, analysts maintain a moderately bullish stance with seven Buy ratings and four Hold ratings on the stock. The median one-year price target stands at $21.15, signaling a potential upside of more than 13% from current levels.
3. Growth Capital Plan
The company reaffirmed its 2026 growth capital budget of $5 billion to $5.5 billion, with the majority of spending earmarked for expanding and fortifying its natural gas infrastructure across its pipeline and storage network.