ET (Energy Transfer LP, NYSE) +2.68% pre-earnings 16 Feb 2026: yield vs debt

ET stock opened higher on 16 Feb 2026, trading at $18.75 as investors position ahead of the company’s Q4 results due 17 Feb 2026 (08:30 EST). The move of +2.68% intraday reflects heavy volume at 27,421,293.00 shares and focus on distributions and leverage. With a PE of 15.00 and a dividend yield near 7.06%, Energy Transfer LP (NYSE: ET) faces a tradeoff between income and balance-sheet risk for U.S. midstream investors.