Energy Transfer LP (ET) Stock Buyback History
TTM buyback yield N/A.
TTM buyback yield
N/A
Shareholder yield (TTM)
N/A
5Y share count change
35.4%
TTM buyback spend
N/A
SBC coverage (TTM)
0.00x
YoY change in spend
-100.0%
5Y CAGR of spend
N/A
Peak year (2024)
$3.47B
Cumulative spend
$6.37B
TTM metrics calculated from the four most recent reported quarters, ending (reported ).
Key takeaways
- Diluted share count is up 35.4% over the last ~5 fiscal years — equity issuance and stock-based compensation are outpacing repurchases.
Buyback context per fiscal year
Annual repurchases alongside stock-based compensation, diluted share count and the year-over-year change — useful for SBC-coverage and dilution-offset reading at a glance.
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $0.00 | $148.00M | −$148.00M | 3.65B | 6.7% | — |
| 2024 | $3.47B | $151.00M | $3.31B | 3.42B | 7.7% | 5.16% |
| 2023 | $0.00 | $130.00M | −$130.00M | 3.18B | 2.6% | — |
| 2022 | $0.00 | $115.00M | −$115.00M | 3.10B | 13.0% | — |
| 2021 | $31.00M | $111.00M | −$80.00M | 2.74B | 1.6% | 0.13% |
| 2020 | $0.00 | $121.00M | −$121.00M | 2.70B | 2.2% | — |
| 2019 | $25.00M | $113.00M | −$88.00M | 2.64B | 80.5% | 0.07% |
| 2018 | $24.00M | $105.00M | −$81.00M | 1.46B | 27.0% | 0.08% |
| 2017 | $53.00M | $99.00M | −$46.00M | 1.15B | 6.7% | 0.28% |
| 2016 | $0.00 | $70.00M | −$70.00M | 1.08B | 1.3% | — |
| 2015 | $1.06B | $91.00M | $973.00M | 1.06B | -2.8% | 7.36% |
| 2014 | $1.00B | $82.00M | $918.00M | 1.09B | -2.4% | 3.22% |
| 2013 | $340.00M | $61.00M | $279.00M | 1.12B | 4.9% | 1.51% |
| 2012 | $0.00 | $47.00M | −$47.00M | 1.07B | 19.9% | — |
| 2011 | $0.00 | $42.00M | −$42.00M | 0.89B | 0.0% | — |
| 2010 | $0.00 | $31.00M | −$31.00M | 0.89B | 0.0% | — |
| 2009 | $0.00 | $25.83M | −$25.83M | 0.89B | 0.0% | — |
| 2008 | $0.00 | $25.55M | −$25.55M | 0.89B | 8.9% | — |
| 2007 | $0.00 | $0.00 | $0.00 | 0.82B | 52.9% | — |
| 2006 | $369.44M | $0.00 | $369.44M | 0.54B | 0.8% | 8.47% |
| 2005 | $0.00 | $0.00 | $0.00 | 0.53B | 0.5% | — |
| 2004 | $0.00 | $0.00 | $0.00 | 0.53B | — | — |
Cash buyback spend (USD) — annual & quarterly history
Trailing-twelve-month and per-period cash repurchases for Energy Transfer LP (ET) from the consolidated cash flow statement (line: common stock repurchased), in USD as filed.
Cash buyback spend over time for Energy Transfer LP (ET)
Per-period cash repurchases
Cash buyback spend annual + quarterly history for Energy Transfer LP (ET)
| Fiscal year | Period ended | Reported | Buyback Spend | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $0 | -100.0% | -$3.47B | ||
| 2024 | $3.47B | — | +$3.47B | ||
| 2023 | $0 | — | $0 | ||
| 2022 | $0 | -100.0% | -$31.00M | ||
| 2021 | $31.00M | — | +$31.00M | ||
| 2020 | $0 | -100.0% | -$25.00M | ||
| 2019 | $25.00M | +4.2% | +$1.00M | ||
| 2018 | $24.00M | -54.7% | -$29.00M | ||
| 2017 | $53.00M | — | +$53.00M | ||
| 2016 | $0 | -100.0% | -$1.06B | ||
| 2015 | $1.06B | +6.4% | +$64.00M | ||
| 2014 | $1.00B | +194.1% | +$660.00M | ||
| 2013 | $340.00M | — | +$340.00M | ||
| 2012 | $0 | — | $0 | ||
| 2011 | $0 | — | $0 | ||
| 2010 | $0 | — | $0 | ||
| 2009 | $0 | — | $0 | ||
| 2008 | $0 | — | $0 | ||
| 2007 | $0 | -100.0% | -$369.44M | ||
| 2006 | $369.44M | — | +$369.44M | ||
| 2005 | $0 | — | $0 | ||
| 2004 | $0 | — | — |
In 2025, Energy Transfer LP (ET) buyback spend totalled $0 – plunged 100.0% year-over-year.
Energy Transfer LP buyback spend compound annual growth for the 2015–2025 (10 years) window is -100.0%, with a net decline across the window.
Energy Transfer LP buyback spend peaked at $3.47B in 2024; the latest annual figure is $0 in 2025 (100.0% below peak).
$3.47B stands as the all-time-high annual buyback spend, posted in 2024, against a low of $0 during 2004.
Energy Transfer LP (ET) sits 6th of 8 Energy peers we track on this metric, against a peer median of $2.49B.
Energy Transfer LP Buyback Spend 2025: $0
Energy Transfer LP buyback spend in 2025 was $0, plunged 100.0% below 2024.
Energy Transfer LP Buyback Spend 2024: $3.47B
Energy Transfer LP buyback spend in 2024 was $3.47B.
Energy Transfer LP Buyback Spend 2023: $0
Energy Transfer LP buyback spend in 2023 was $0.
Energy Transfer LP Buyback Spend 2022: $0
Energy Transfer LP buyback spend in 2022 was $0, plunged 100.0% below 2021.
Energy Transfer LP Buyback Spend 2021: $31.00M
Energy Transfer LP buyback spend in 2021 was $31.00M.
See more financial history for Energy Transfer LP (ET).
Sector peers by buyback spend
Companies in the same sector as Energy Transfer LP, ranked by their latest buyback spend.
| Company | Buyback Spend | Sector |
|---|---|---|
| Exxon Mobil (XOM) | $20.27B | Energy |
| Chevron (CVX) | $11.86B | Energy |
| ConocoPhillips (COP) | $5.02B | Energy |
| EOG Resources (EOG) | $2.56B | Energy |
| SLB (SLB) | $2.41B | Energy |
| Enbridge (ENB) | $0 | Energy |
| Williams Companies (WMB) | $0 | Energy |
| Kinder Morgan (KMI) | $0 | Energy |
Share count history
Diluted weighted-average shares drive the EPS denominator and per-share capital-return maths. A falling diluted share count means buybacks are outpacing dilution from stock-based compensation and option exercises.
Diluted vs basic shares (annual)
Year-over-year change in diluted shares
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield over time
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Buybacks vs stock-based compensation
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 0.00×.
Capital allocation mix
How Energy Transfer LP splits cash returned to shareholders between dividends and buybacks, plus the headroom on free cash flow that's still available for additional repurchases.
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $0.00 (TTM FCF − TTM dividends, clamped at zero).
Data & methodology
Where do buyback, dividend and compensation figures come from?
Cash buyback spend (common stock repurchased), dividends paid and stock-based compensation come from Energy Transfer LP's consolidated cash flow statements — quarterly 10-Q and annual 10-K SEC filings, in USD as reported.
How are diluted shares and yields calculated?
Diluted weighted-average share counts come from the income statement (EPS denominator). Trailing twelve-month (TTM) aggregates sum the four most recent reported quarters. Buyback and dividend yields divide TTM cash flows by market capitalisation at the latest quarter-end.
How is buyback capacity defined?
Capacity compares TTM repurchases to free cash flow after dividends: operating cash flow minus capital expenditure, minus dividends paid, versus actual buybacks over the same trailing window.
Is this investment advice?
No. Figures are for informational and educational use only. Past buybacks and dividends do not predict future returns.
Frequently asked questions
Does Energy Transfer LP buy back its own stock?
Yes, Energy Transfer LP (ET) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
Is Energy Transfer LP diluting shareholders?
Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has Energy Transfer LP's share count changed?
Diluted weighted average shares changed by about 35.4% over roughly five fiscal years (annual income statement data).
What is Energy Transfer LP's buyback spend?
Latest reported buyback spend for Energy Transfer LP (ET) is $0 (period ending March 31, 2026).
How has Energy Transfer LP buyback spend changed year-over-year?
Energy Transfer LP (ET) buyback spend changed -100.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Energy Transfer LP buyback spend?
Energy Transfer LP (ET) buyback spend compound annual growth rate is -100.0% over the most recent 10 years available.
When did Energy Transfer LP buyback spend hit its highest annual value?
Energy Transfer LP buyback spend reached its highest annual value of $3.47B in 2024.
What was Energy Transfer LP buyback spend in 2024?
Energy Transfer LP (ET) buyback spend in 2024 was $3.47B.
What was Energy Transfer LP buyback spend in 2025?
Energy Transfer LP (ET) buyback spend in 2025 was $0.
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