Energy Transfer (ET) Announces Expansion of the Nederland NGL Export Terminal

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Noor Ul Ain Rehman

Sat, June 27, 2026 astatine 2:10 PM CDT 2 min read

Energy Transfer LP (NYSE:ET) is 1 of the champion debased volatility stocks to bargain nether $50. Energy Transfer LP (NYSE:ET) announced connected June 18 an enlargement of the Nederland NGL Export Terminal to conscionable further lawsuit demand. The institution stated that the task volition grow ethane export capableness astatine Nederland by 240,000 barrels per day, on with 55,000 bpd of further LPG capacity. It added that 1 100 percent of the ethane export capableness has been committed successful semipermanent agreements moving into the 2040's.

Barclays Raises Energy Transfer (ET) Price Target, Says Stock Remains Undervalued

Energy Transfer LP (NYSE:ET) has exported much than 430 cardinal barrels since it began exporting ethane retired of Nederland successful 2021, with the task exhibiting that the continued maturation successful planetary NGL request supports the enlargement of the company's Nederland assets. The institution besides stated that arsenic portion of these transactions, it volition grow its Mont Belvieu to Nederland NGL export pipeline capableness to work the accrued refrigeration capableness and conception 2 further NGL vessel docks. The antecedently announced enlargement of the Nederland refrigerated propane and butane retention tanks to 1.2 cardinal barrels and 0.8 cardinal barrels, respectively, is anticipated to beryllium disposable successful the archetypal fractional of 2027.

Energy Transfer LP (NYSE:ET) offers earthy state pipeline transmission and proscription services. The institution operates done the pursuing segments: Intrastate Transportation and Storage, Interstate Transportation and Storage, Midstream, NGL and Refined Products Transportation and Services, Crude Oil Transportation and Services, Investment successful Sunoco LP, Investment successful USAC, and All Other.

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