Energy Transfer Just Delayed a New Mexico Pipeline. Here's Why I'm Not Worried Yet.
Key Points
Energy Transfer postponed the operational date of its New Mexico pipeline.
But that delayed project represents a tiny percentage of its infrastructure.
- 10 stocks we like better than Oracle ›
Energy Transfer (NYSE: ET), one of the largest pipeline companies in the U.S., recently postponed the target operational date for its Green Chile Project in New Mexico from Aug. 2026 to Feb. 2027. That delay was caused by regulatory setbacks, land rights disputes, and the loss of its fast-track federal application status amid concerns about its impacts on historical sites.
That sounds like a major setback, since the Green Chile Project was designed to supply up to 400 million cubic feet of natural gas daily to Bloom Energy's fuel cells for Project Jupiter, a massive AI data center campus built by Oracle and OpenAI. But as a long-term Energy Transfer investor, I'm not too worried about this delay.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Image source: Getty Images.
It's a tiny part of its infrastructure
The Green Chile Project's pipeline is nearly 18 miles long, but Energy Transfer operates over 140,000 miles of pipeline across 44 states. That 400 million cubic feet might sound like a lot, but Energy Transfer transports over 32 billion cubic feet of natural gas per day through its pipelines. Therefore, this project is just a drop in the pond compared to its massive business.
Energy Transfer has also overcome similar regulatory challenges with its Dakota Access, Rover, Mariner East, and Revolution pipelines, but it eventually completed those projects. That's why I'm not worried about this delay -- and why I still think it's a great long-term income investment.
Should you buy stock in Oracle right now?
Before you buy stock in Oracle, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Oracle wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $421,997!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,413,876!*
Now, it’s worth noting Stock Advisor’s total average return is 978% — a market-crushing outperformance compared to 213% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of September 7, 2026.
Leo Sun has positions in Energy Transfer. The Motley Fool has positions in and recommends Bloom Energy and Oracle. The Motley Fool has a disclosure policy.
Recommended Articles
