Energy Transfer (NYSE:ET) gains for week with gas backlog in focus as volume dries up
Energy Transfer closed 7.4% below its May high despite a 2.2% weekly gain and analyst targets near $24, as trading volume lagged at 61% below average; long-term gas contracts and a 7% yield support a $5.5B-$5.9B 2026 growth budget, while expanded NGL export capacity is fully committed under long-term deals.