Energy's 33.96% Volume Drop to 350th Rank Amid $5.3B Gas Pipeline Expansion

On August 7, 2025, Energy (ET) declined 1.34% with a trading volume of $0.34 billion, a 33.96% drop from the previous day, ranking 350th in market activity. The stock’s performance coincided with Energy Transfer’s announcement of a $5.3 billion expansion of its Transwestern Pipeline, designed to boost natural gas delivery to Arizona and New Mexico by 1.5 billion cubic feet per day. The project, spanning 516 miles with nine compressor stations, is backed by long-term commitments from major utilities and aims to meet surging demand from data centers and industrial growth. Energy Transfer also reported Q2 adjusted EBITDA of $3.87 billion, aligning with expectations, and anticipates 2025 full-year EBITDA near the lower end of its guidance range.

Arizona utilities, including Arizona Public Service Co. and Salt River Project, have secured capacity on the pipeline expansion to fuel planned gas-fired power plants supporting data center and manufacturing demand. The project, expected to operate by late 2029, could see further expansion if demand exceeds initial projections. Energy Transfer’s co-CEO highlighted ongoing negotiations with additional shippers and potential capacity increases through larger pipe diameters. The company also signed a major deal with a Texas-based data center, expanding its commitment to supply natural gas for energy-intensive sectors.

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