Over the past few months, threats of higher tariffs, sticky inflation, and elevated interest rates weighed down many macro-sensitive sectors. Those headwinds also drove many investors toward more conservative energy and utility stocks.
Energy Transfer LP is a leading midstream company with a robust $60 billion valuation and a nearly 7% dividend yield, driven by strong asset growth. The company projects $16 billion in adjusted EBITDA for 2025, with $5 billion allocated for growth capital, focusing on the Permian Basin and NGL exports. Energy Transfer's strategic acquisitions and integrated asset portfolio enhance its market position, supporting sustainable long-term shareholder returns despite significant debt levels.
The energy sector is constantly evolving, and investors are continually searching for companies that can deliver reliable income and solid growth prospects. Recently, Energy Transfer LP NYSE: ET, a major player in the midstream energy space, has seen a significant upswing in positive sentiment from multiple corners of the market.
Energy Transfer (ET -0.08%), one of the largest midstream companies in the U.S. with over 125,000 miles of pipeline across 44 states, went public at a split-adjusted price of $5.50 per unit on Feb. 3, 2006. A $10,000 investment in that master limited partnership (MLP) would be worth $36,150 today and paying out $2,527 in annual dividends on a quarterly basis.
Energy Transfer offers strong distribution coverage and a competitive valuation, making it ideal for dividend investors. The MLP is growing through acquisitions and organic projects, with a diversified portfolio of pipelines and storage facilities across the U.S. ET grew its EBITDA 8% Y/Y in Q4'24 and achieved 1.8x distribution coverage, based off of adjusted DCF.
Energy Transfer (ET 1.43%) has grown into one of the largest energy midstream companies over the years . The master limited partnership (MLP) has invested heavily in completing organic expansion projects and acquisitions.
The energy midstream sector has held up better than most stock sectors during the recent market sell-off. However, that doesn't mean there aren't bargains in the space to still be found.
Energy Transfer LP (ET) closed the most recent trading day at $18.85, moving -0.48% from the previous trading session.
Energy Transfer stock continues to enjoy the benefit of its widespread pipeline assets across the United States and storage facilities.
Recently, Zacks.com users have been paying close attention to Energy Transfer LP (ET). This makes it worthwhile to examine what the stock has in store.
Today's energy sector is constantly changing, and investors are increasingly seeking assets that offer a blend of stability, income, and growth potential. Energy Transfer LP NYSE: ET, a major player in the midstream energy sector, presents a compelling investment opportunity.
The oil and gas industry offers some big dividend yields, and some companies are also increasing their dividends annually. Energy Transfer (ET 3.30%) is one such dividend stock.