
Shares of pipeline operator Energy Transfer ET.N down 1% at $18.55 premarket
Co posts fourth-quarter adjusted profit of 25 cents per share, below LSEG-compiled analysts' average estimate of 37 cents
Total costs and expenses of $23.24 billion in Q4, up 34% YoY
However, ET raises forecast for 2026 adjusted core profit; now expects it to be between $17.45 billion and $17.85 billion, compared with its previous range of $17.3 billion to $17.7 billion
In 2025, ET was down 15.8%