ET's correction has triggered the richer forward distribution yields of 7.14%, driven by strong FY2024 adj EBITDA growth of +13% YoY and a richer FY2025 guidance at +6.9% YoY. This is on top of the double digits upside potential, thanks to its robust data center related prospects and excellent "mid-teen returns" from its future projects. These reasons also underscore why ET has embarked on an aggressive capex investments in pipelines, processing plants, and data centers, supported by new contracts and growing requests.
Energy Transfer just plunged 16%—is this a golden buying opportunity? Huge growth capex, AI-driven demand, and a 7.6% yield—here's what investors need to know. Can its distribution growth accelerate?
Energy Transfer (ET -1.36%) has hit some turbulence in recent weeks . The master limited partnership's (MLP's) unit price has dipped more than 15% since peaking in early January.
Energy Transfer's (ET -1.35%) stock has been on a solid run the past year, with its stock price up about 30% as of this writing. Meanwhile, the midstream energy company is set to ramp up its growth spending this year.
Energy Transfer (ET -1.35%) is known for the income it generates for investors. The master limited partnership (MLP) currently pays a 6.7%-yielding cash distribution.
Zacks.com users have recently been watching Energy Transfer LP (ET) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Energy Transfer's well-balanced assets spread across the United States and expanding operation to meet increasing demand. A lower return on equity than the industry is a concern.
There are various bullish fundamental and non-fundamental factors that reinforce my bullish outlook. ET's record adjusted EBITDA of $15.5 billion and distributable cash flow of $8.4 billion highlight its operational efficiency and growth potential. Favorable industry and political trends, along with positive analyst ratings, bolster ET's outlook, despite environmental and macroeconomic risks.
Energy Transfer remains a 'strong buy' due to its undervaluation, robust asset network, and significant cash flow generation despite mixed quarterly results. The company's 2024 financial performance was strong, with notable profit increases across various segments, driven by strategic acquisitions and higher production volumes. Management's 2025 guidance projects continued growth, with EBITDA expected between $16.1 billion and $16.5 billion, reinforcing the stock's attractiveness.
Energy Transfer (ET -2.17%) has been red hot since the start of 2023. Units of the master limited partnership (MLP) have surged more than 40%, a big rally for a company known for its high-yielding distribution (6.7%, even after the price jump).
Energy Transfer LP (ET) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Pipeline master limited partnerships (MLPs) have been on a solid run recently. The Alerian MLP Infrastructure Index, which tracks the sector, generated a total return of 26.7% in 2024 and is up nearly 10% year to date as of this writing.