Is Energy Transfer LP (ET) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 108.7% / 30% | 2.0% / 30% | 17.8% / 30% | 0.26% / 5% | ✗ NOT HALAL |
| DJIM | 108.7% / 33% | 2.0% / 33% | 17.8% / 33% | 0.26% / 5% | ✗ NOT HALAL |
| MSCI | 49.6% / 33% | 0.9% / 33% | 8.1% / 33% | 0.26% / 5% | ✗ NOT HALAL |
| S&P | 108.7% / 33% | 2.0% / 33% | 17.8% / 33% | 0.26% / 5% | ✗ NOT HALAL |
| FTSE | 49.6% / 33% | 0.9% / 33% | 8.1% / 50% | 0.26% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 19.2% | |
| Operating Margin | 9.3% | |
| Net Margin | 5.2% | |
| Return on Equity (ROE) | 11.9% | |
| Return on Assets (ROA) | 4.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $10.1B |
| Free Cash Flow | $3.8B |
| Total Debt | $70.1B |
| Debt-to-Equity | 142.3 |
| Current Ratio | 1.2 |
| Total Assets | $141.3B |
Price & Trading
| Last Close | $19.44 |
| 50-Day MA | $18.53 |
| 200-Day MA | $17.50 |
| Avg Volume | 15.5M |
| Beta | 0.6 |
|
52-Week Range
$14.60
| |
About Energy Transfer LP (ET)
Energy Transfer LP, together with its subsidiaries, provides energy-related services in the United States. It operates through Intrastate Transportation and Storage; Interstate Transportation and Storage; Midstream; Natural Gas Liquid (NGL) and Refined Products Transportation and Services; Crude Oil Transportation and Services; Investment in Sunoco LP; Investment in USA Compression Partners, LP (USAC); and All Other segments. The company owns and operates natural gas transportation pipelines and storage facilities; and approximately 12,200 miles of intrastate natural gas transportation pipelines and 20,090 miles of interstate natural gas pipelines. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. In addition, the company owns and operates natural gas gathering pipelines, processing plants, and treating and conditioning facilities; and natural gas gathering, compression, treating, dehydration and processing, oil pipeline facilities. Further, it owns 5,700 miles of NGL pipelines; NGL fractionation and storage facilities; and other NGL storage assets and terminals. Additionally, the company provides crude oil transportation, terminalling, trucking, acquisition, and marketing activities; owns and operates approximately 18,000 miles of crude oil trunk and gathering pipelines; and sells and distributes motor fuels and other petroleum products under the Sunoco and EcoMaxx brands. It also offers natural gas compression; wholesale power trading; and carbon dioxide and hydrogen sulfide removal services, as well as management of coal and natural resources properties; sells standing timber; leases coal-related infrastructure facilities; and collects oil and gas royalties. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. Energy Transfer LP was founded in 1996 and is headquartered in Dallas, Texas.
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Frequently Asked Questions
Is Energy Transfer LP (ET) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Energy Transfer LP is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Energy Transfer LP's debt ratio?
Energy Transfer LP's debt ratio is 108.7% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 49.6%.
What are Energy Transfer LP's key financial metrics?
Energy Transfer LP has a market capitalization of $67.7B, trailing P/E ratio of 16.3, and revenue of $85.5B. The company maintains a gross margin of 19.2% and a net margin of 5.2%. Return on equity stands at 11.9%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.