Capital Expenditures for Energy Transfer LP (ET)
According to Energy Transfer LP's latest reported financial statements, the company's current capital expenditures (TTM) is $6.30B USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingCapital ExpendituresSwitch metric
Latest period
$6.30B
YoY change
+51.4%
5Y CAGR
+4.2%
Peak year (2015)
$9.39B
Cumulative capital expenditures
$84.59B
CapEx history chart for Energy Transfer LP (ET) from 2004 to 2025
CapEx history table for Energy Transfer LP (ET) from 2004 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $6.30B | +51.4% | ||
| 2024 | $4.16B | +32.9% | ||
| 2023 | $3.13B | -7.3% | ||
| 2022 | $3.38B | +19.8% | ||
| 2021 | $2.82B | -45.0% | ||
| 2020 | $5.13B | -13.9% | ||
| 2019 | $5.96B | -19.5% | ||
| 2018 | $7.41B | -12.3% | ||
| 2017 | $8.44B | +4.3% | ||
| 2016 | $8.09B | -13.8% | ||
| 2015 | $9.39B | +74.4% | ||
| 2014 | $5.38B | +53.5% | ||
| 2013 | $3.50B | +7.2% | ||
| 2012 | $3.27B | +80.7% | ||
| 2011 | $1.81B | +19.9% | ||
| 2010 | $1.51B | +101.7% | ||
| 2009 | $748.62M | -63.6% | ||
| 2008 | $2.05B | +87.4% | ||
| 2007 | $1.10B | +61.2% | ||
| 2006 | $680.16M | +246.2% | ||
| 2005 | $196.46M | +79.1% | ||
| 2004 | $109.69M | — |
CapEx values are taken from Energy Transfer LP's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Energy Transfer LP (ET) most recent annual capital expenditures stands at $6.30B (2025) – surged 51.4% year-over-year.
Over 2020–2025 (5 years), Energy Transfer LP capital expenditures expanded at a +4.2% compound annual rate, sustaining 2 straight years of year-over-year growth.
Between 2015 and 2025, Energy Transfer LP capital expenditures plunged 32.8%, falling from $9.39B to $6.30B.
$9.39B stands as the all-time-high annual capital expenditures, posted in 2015, against a low of $109.69M during 2004.
Energy Transfer LP (ET) sits 4th of 8 Energy peers we track on this metric, against a peer median of $5.50B.
Energy Transfer LP Capital Expenditures by Year
Energy Transfer LP Capital Expenditures 2025: $6.30B
Energy Transfer LP capital expenditures in 2025 was $6.30B, surged 51.4% from 2024.
Energy Transfer LP Capital Expenditures 2024: $4.16B
Energy Transfer LP capital expenditures in 2024 was $4.16B, surged 32.9% from 2023.
Energy Transfer LP Capital Expenditures 2023: $3.13B
Energy Transfer LP capital expenditures in 2023 was $3.13B, declined 7.3% below 2022.
Energy Transfer LP Capital Expenditures 2022: $3.38B
Energy Transfer LP capital expenditures in 2022 was $3.38B, grew 19.8% from 2021.
Energy Transfer LP Capital Expenditures 2021: $2.82B
Energy Transfer LP capital expenditures in 2021 was $2.82B.
See more financial history for Energy Transfer LP (ET).
Sector peers — CapEx
Companies in the same sector as Energy Transfer LP, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $28.36B | Energy |
| Chevron Corporation (CVX) | $17.35B | Energy |
| Enbridge Inc. (ENB) | $8.97B | Energy |
| EOG Resources, Inc. (EOG) | $6.12B | Energy |
| The Williams Companies, Inc. (WMB) | $4.89B | Energy |
| ConocoPhillips (COP) | $3.02B | Energy |
| SLB N.V. (SLB) | $1.69B | Energy |
| Valero Energy Corporation (VLO) | $796.00M | Energy |
Frequently asked questions
What is Energy Transfer LP's capital expenditures?
- Latest reported capital expenditures for Energy Transfer LP (ET) is $6.30B (period ending December 31, 2025).
How has Energy Transfer LP capital expenditures changed year-over-year?
- Energy Transfer LP (ET) capital expenditures changed +51.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Energy Transfer LP capital expenditures?
- Energy Transfer LP (ET) capital expenditures compound annual growth rate is +4.2% over the most recent 5 years available.
When did Energy Transfer LP capital expenditures hit its highest annual value?
- Energy Transfer LP capital expenditures reached its highest annual value of $9.39B in 2015.
What was Energy Transfer LP capital expenditures in 2024?
- Energy Transfer LP (ET) capital expenditures in 2024 was $4.16B.
What was Energy Transfer LP capital expenditures in 2025?
- Energy Transfer LP (ET) capital expenditures in 2025 was $6.30B.
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