Energy Transfer LP (ET) - Shares outstanding

Number of shares outstanding as of February 2026 : 3,433,000,000

According to Energy Transfer LP 's latest financial reports and stock price the company's current number of shares outstanding is 3,433,000,000. At the end of 2025 the company had 3,433,000,000 shares outstanding. The number of outstanding shares is usually impacted by stock plits and shares buy back.

Shares outstanding history for Energy Transfer LP from 2015 to 2025

Shares Outstanding at the end of each year

Year	Shares Outstanding	Change
2025	3.43 B	0.22%
2024	3.42 B	4.48%
2023	3.27 B	6.09%
2022	3.09 B	9.41%
2021	2.82 B	4.65%
2020	2.69 B	2%
2019	2.64 B	13.47%
2018	2.33 B	116.1%
2017	1.07 B	3.09%
2016	1.04 B	-0.53%
2015	1.05 B

Shares Outstanding for similar companies or competitors

Company	Shares Outstanding	differencediff.	Country
Kinder Morgan KMI	2,223,000,000	-35.25%	🇺🇸 USA
NextDecade Corp NEXT	262,581,000	-92.35%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Number of shares outstanding for Energy Transfer LP (ET)

Number of shares outstanding as of February 2026 : 3,433,000,000