Energy Transfer (ET) Stock: Buy Before August 6? History Holds the Answer

Energy Transfer (ET) stock is flashing signals—but will history repeat or rebel? With August 6 looming, traders are digging into the charts like archaeologists hunting bullish artifacts.

The Pattern Play

Past performance doesn’t guarantee future gains (thanks, SEC disclaimers), but ET’s August track record has traders buzzing. Will this year follow the script—or throw it in the shredder?

Pipeline or Pipe Dream?

Energy stocks live and die by commodity whims and Fed whispers. ET’s infrastructure might be solid, but the market’s mood swings faster than a crypto Twitter thread.

Bottom Line

Betting on historical trends is like trusting a Wall Street analyst’s price target—sometimes it works, often it doesn’t. But for ET bulls, August 6 could be the date the algo gods smile… or smirk.

There isn't much correlation between Energy Transfer's earnings and immediate stock price moves

In an ideal world, a company beating earnings expectations WOULD mean its stock price rises, and vice versa. Unfortunately, the stock market doesn't operate on that logic, because earnings alone aren't what attract or turn investors away from a stock. It's important, but not the only thing.

In Energy Transfer's case, there hasn't been much correlation between its earnings beats and misses and the near-term stock price movements. Here are its next-day stock price moves post-earnings:

Data sources: AlphaQuery and YCharts.

You should avoid trying to time the market in general, but especially in situations that lack correlation, as is the case with Energy Transfer. The focus should be on trusting the long-term returns.

Why you should buy Energy Transfer's stock before Aug. 6

The main appeal of Energy Transfer's stock is its cash distribution. Its current yield is around 7.2%, which is less than its three-year average, but significantly higher than the's 1.25% average.

ET Dividend Yield data by YCharts.

The reason you should buy Energy Transfer's stock before Aug. 6 is that its ex-dividend date -- the cutoff date to be eligible to receive a stock's next dividend payout -- is Aug. 8. By investing before then, you can ensure you receive the $0.33 cash distribution that's scheduled to be paid out on Aug. 19.