Units of Energy Transfer (ET 0.26%) surged 42% in 2024, according to data provided by S&P Global Market Intelligence . That crushed the S&P 500 , which delivered a robust 23% return last year.
Investors are always on the search for stocks that pay generous dividends and have high yields. Unfortunately, that alone does not always make a great investment.
Energy Transfer LP has shown investors why AI has significantly lifted its thesis. The AI and data center boom is significantly boosting natural gas demand, and ET's extensive pipeline network is well-positioned to capitalize. ET still boasts a 6.7% yield and remains valued below EPD's valuation.
The latest trading day saw Energy Transfer LP (ET) settling at $19.73, representing a +1.23% change from its previous close.
I see Energy Transfer LP entering a consolidation phase due to macroeconomic uncertainties and also judging by its recent trading patterns. Treasury rates have climbed and pushed ET's yield spread relative to 10-year treasuries to its thinnest levels in 5 years. As such, I don't see too much room for the ET stock price/valuation to further expand until the rate narrative changes fundamentally.
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 -0.66%) is a popular investment, and a big factor is its monster yield. The master limited partnership's (MLP) distribution currently yields more than 6.5%.
President-elect Trump's policies will likely favor the American midstream industry, crucial for energy production and infrastructure, by reducing regulations and boosting domestic output. Energy Transfer stands to benefit significantly from these policy changes, making it a high-yielding, undervalued investment with strong growth potential. ET has already outperformed the S&P 500 significantly, reinforcing its 'Strong Buy' rating and promising both income and growth opportunities.
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%.