Energy Transfer LP unitholders have outperformed its energy sector peers recently. ET is well-positioned to benefit from the AI gold rush moving at full speed ahead. ET's expanding natural gas pipeline footprint is pivotal to its bullish case.
Energy Transfer's earnings jumped 20% in the second quarter, while cash flow surged more than 30%. The MLP is benefiting from robust market conditions, expansion projects, and recently closed acquisitions.
Energy Transfer reported strong second-quarter earnings, with adjusted EBITDA and distributable cash flow increasing by 20% and 32% respectively. The company raised adjusted EBITDA guidance for the year and increased capital expenditures, focusing on growth projects in the NGL business. Energy Transfer's balance sheet strength, higher distributions, and low valuation make it a solid long-term investment choice, despite unit price volatility due to oil prices.
Energy Transfer LP (ET) could produce exceptional returns because of its solid growth attributes.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Energy Transfer's (ET) second-quarter performance is likely to have gained from contributions of its widespread organic and acquired assets.
Energy Transfer offers an attractive and growing distribution. It has a reliable business model with good growth prospects and an attractive valuation.
Energy Transfer is one of my top holdings based on how cheap shares have been and the quality of the institution. Second quarter financial results are expected to show revenue and earnings growth, with attention on operating cash flow and free cash flow warranted. Recent acquisitions and joint ventures will impact future guidance, and these should be focused on when results are provided.
Several MLPs offer attractive yields these days. Energy Transfer expects to increase its roughly 8%-yielding distribution by 3% to 5% per year.
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.
In the closing of the recent trading day, Energy Transfer LP (ET) stood at $16.19, denoting a +1.06% change from the preceding trading day.
Energy Transfer is one of the largest midstream energy stocks. It is about to make a big acquisition, which should boost its cash flow and dividend.