Income investors should consider dividend stocks like Energy Transfer and Ladder Capital for steady cash flow and long-term wealth building. Energy Transfer offers a 6.6% yield, benefits from rising natural gas demand, and has strong financial management, making it an attractive value play. Ladder Capital, yielding 8.2%, carries a diversified, low-leverage loan portfolio and significant liquidity, positioning it well for growth.
Energy Transfer LP (ET) reachead $19.64 at the closing of the latest trading day, reflecting a -0.36% change compared to its last close.
Energy Transfer is a well-run midstream company with consistent growth in EBITDA and distributions, offering stable and low-risk cash flows. The company has a significant pipeline footprint, focusing on natural gas, and benefits from growing energy demand in the U.S. Strategic acquisitions, like Crestwood Equity Partners and WTG Midstream, have bolstered Energy Transfer's operational footprint and long-term distributable cash flow growth.
Energy Transfer (ET 0.10%) has had a strong 2024, with its stock price up about 40% as of this writing. At the same time, the master limited partnership (MLP) pays an attractive distribution that is good for a forward yield of 6.7%.
In the most recent trading session, Energy Transfer LP (ET) closed at $19.28, indicating a +0.1% shift from the previous trading day.
Energy Transfer's well-balanced assets spread across the United States and accretive acquisitions will boost its performance. Rising debt levels and return on equity lower than industry are concerns.
Energy Transfer LP (ET) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Energy Transfer (ET 3.23%) has a very attractive yield at 6.9%. That will draw the eyes of most income investors today, noting that the S&P 500 index has a miserly yield of just 1.2% or so.
In the closing of the recent trading day, Energy Transfer LP (ET) stood at $18.27, denoting a +0.38% change from the preceding trading day.
Energy Transfer (ET -0.32%) is popular among income-seeking investors. The master limited partnership (MLP) offers a monster distribution that currently yields 7%.
Q3 2024 adjusted EBITDA rose 11.8% YoY to $3.96 billion, driven by core business throughput expansion. $2.9 billion planned for 2024 targets NGL exports, Permian Basin facilities, and pipeline upgrades to boost capacity. ET trades below its historical EV/EBITDA average, offering >36% long-term upside based on forward EBITDA growth.
Energy Transfer is a potentially low-risk investment with a 2-5 year price target of $25/share, offering an estimated 12% annual return potential and a 7% dividend yield. The company boasts a strong financial position with $8 billion in DCF and $15.4 billion in adjusted EBITDA, prioritizing unit buybacks and dividends. Energy Transfer's extensive asset footprint includes 130k+ miles of pipelines and significant natural gas and crude oil capacities, supporting future growth and new deals.