Key Takeaways ET invests in pipelines, fractionation units and terminals to support growth across gas, NGL and crude oil. Disciplined $5 billion capital expenditure planned in 2025 will further strengthen the operation. ET's earnings estimate for 2025 and 2026 has increased 2.86% and 4.26%, respectively, over the past 60 days.Energy Transfer LP’s (ET) systematic capital-expenditure strategy significantly enhances its long-term growth outlook. The company, through its investment in high-return projects acr ...