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With a short percentage of shares outstanding of 0.90%, Energy Transfer LP (NYSE:ET) is among the 9 Best Natural Gas Stocks to Buy for Transitional Power.

On May 13, TD Cowen analyst Jason Gabelman raised the firm’s price target on Energy Transfer LP (NYSE:ET) to $23 from $22 while maintaining a Buy rating. The firm stated that the company raised its fiscal 2026 EBITDA guidance on the back of optimization opportunities, with prevailing commodity prices supporting results near the high end of management’s outlook range.

The same day, Bank of America also raised its price target on Energy Transfer LP (NYSE:ET) to $24 from $22 while maintaining a Buy rating, citing improving upside tied to natural gas liquids and natural gas market strength. Analysts continue to see Energy Transfer as a beneficiary of strong U.S. hydrocarbon production, export demand growth, and favorable midstream infrastructure utilization trends.

Founded in 1996 and headquartered in Dallas, Texas, Energy Transfer LP (NYSE:ET) is among the best natural gas stocks to buy for transitional power. Its infrastructure network includes pipelines, storage facilities, processing assets, and transportation systems handling natural gas, crude oil, natural gas liquids, and refined products.

While we acknowledge the potential of ET as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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