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ET'I

Energy Transfer LP · Series I · Natural Gas Transmission
Also quoted as: ET-I, ETprI, ET.PRI, ET-PI, ETpI
$11.65
last price

About this security

ET'I is a 9.25% cumulative convertible perpetual preferred stock issued by Energy Transfer LP, a Natural Gas Transmission issuer. $9 liquidation preference, current yield 7.25%.

Energy Transfer LP: Energy Transfer LP is a Delaware-based master limited partnership (MLP) that operates one of the largest midstream energy networks in the United States. Its core business spans natural gas midstream gathering, intrastate and interstate transportation and storage, as well as crude oil, NGL, and refined products transportation, terminalling, storage, and fractionation. The partnership also holds controlling or ownership interests in Sunoco LP, a fuel distribution and retail MLP; USA Compression Partners (USAC), a natural gas compression MLP; and SunocoCorp, a publicly traded LLC. Energy Transfer's cash flows are primarily derived from distributions from these subsidiaries, whose earnings stem from their respective midstream, logistics, and energy infrastructure operations across the U.S.

Issuer page — all Energy Transfer LP securities & profile →

Key Stats ✓ terms from SEC filing — verify via link below ✓ verified against SEC filing

live page · rendered 10:22:14 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current yield
7.25%
Annual Dividend
$0.8443
Recent Market Price
$11.65
as of 2026-07-31
Disc/Prem to Par (→ screen)
Capital Appreciation to Par
n/a — converts to common
Recent Ex-Date
2026-05-04
Pay Frequency
quarterly
Cumulative
Yes
Original Coupon
9.250%
Call Date
Yield to Call
n/a — not callable
Yield to Worst
n/a — convertible preferred
Liq. Preference
$9.13
Maturity
Perpetual
Redeemable
No
Convertible
Yes
Conversion Price
$44.09
Conversion Ratio
0.2070
Issued
2023-11-03
Series
I
Alt. Symbology
ET-I, ETprI, ET.PRI, ET-PI, ETpI

vs. Natural Gas Transmission category (3 issues): yield 7.25% vs avg 10.13% · discount +27.6% vs avg +10.1%

Quote

 ET'I (preferred)ET (common)
Last $11.65 $19.07
Change
Open$11.55$18.77
High / Low $11.66 / $11.55 $19.22 / $18.68
Prev Close
Volume66,5968,281,246
52-Week High / Low $12.28 / $11.12 $20.70 / $16.18

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

ET'I ET (common)

Dividend History

Ex-DateAmount / Share
2026-05-04$0.211100
2026-02-04$0.211100
2025-11-04$0.211100
2025-08-04$0.211100
2025-05-02$0.211100
2025-02-04$0.211100
2024-11-04$0.211100
2024-08-02$0.211100
2024-04-30$0.211100
2024-01-31$0.211100

Performance — $10K Calculator

See what an investment in ET'I would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

🔔 Get dividend & filing alerts for ET'I →

Prospectus (SEC 424B5)

Full Prospectus (SEC filing) →

News — Energy Transfer LP

Issuer news via Tiingo — filtered to stories about ET.

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