Energy Transfer Vs. Williams Companies: Only One Is A Buy
ET and WMB have been huge winners over the past 3 years. Both are enjoying strong growth tailwinds today. I share why I think only one of them is worth buying right now.
As The Market Reaches ATH, Keep Adding Energy Transfer
Energy Transfer's Q3 2024 results show record volumes and a 12% YoY increase in adjusted EBITDA, highlighting successful growth investments and strong DCF. The company's integrated asset portfolio and expansion in natural gas and NGL exports position it well for future growth and market share. Shareholder returns are robust with a 7.5% dividend yield, supported by strong adjusted EBITDA and careful debt management despite significant acquisitions.
Is Trending Stock Energy Transfer LP (ET) a Buy Now?
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.
Energy Transfer: Despite Soaring, This Play Is Still Drastically Undervalued
Energy Transfer remains a top holding in my portfolio, with a strong buy rating due to its robust cash flow and undervaluation. Despite missing Q3 revenue and EPS estimates, the company maintained 2024 guidance, reinforcing its long-term value for investors. Impressive EBITDA growth driven by the Midstream segment and Sunoco LP investment, with significant upside potential compared to peers.
Energy Transfer: The Trump Rally Is Just Getting Started
Energy Transfer stock remains a 'buy' due to its 7.5% distribution yield, strategic asset positioning, and attractive valuation metrics compared to peers. ET is positioned to benefit from the incoming administration, growing demand for natural gas, and strong operational performance with record-setting crude oil, NGL, and midstream volumes. Expansion projects in the Permian Basin and Nederland terminal position ET to meet future energy demand and capitalize on global LNG and LPG export opportunities.
Is Energy Transfer a Buy After Its Latest Distribution Increase?
The stock for this midstream energy company looks well-positioned moving forward.
Energy Transfer: Multiple Reset Coming?
Energy Transfer reported strong Q3 earnings, with significant growth in oil and steady performance in NGL and natural gas volumes. New demand from power plants and data centers could significantly boost ET's natural gas infrastructure, enhancing its growth prospects. Despite strong fundamentals and exceeding pre-COVID distribution rates, ET remains undervalued, trading below pre-COVID highs.
Energy Transfer: Gathering Steam In The Permian
ET continued its strong YTD performance in Q3, delivering record volumes across segments with EBITDA margins rising ~200bps y/y on strong Midstream performance. The Permian basin remains a key strategic focus with gathering & processing capacity to rise ~25% through YE25 on several high-scale startups. The acquisition of WTG Midstream will expand ET's Permian footprint to the Midland basin, boosting gathering capacity by a further 40% while being ~2% accretive to EBITDA/unit.
Energy Transfer: Strong Earnings And Vast Potential Upside
Energy Transfer's Q3 report shows a 12% YoY growth in adjusted EBITDA, driven by strong crude oil transportation and NGL production. The company is expanding with projects like Lone Star Pipe optimizations and Lake Charles LNG, ensuring future growth and operational leverage. ET's high 7.4% dividend yield is protected by a solid balance sheet and the valuation is very attractive.
Fueled by Another Acquisition, Energy Transfer Continues to Deliver Record-Setting Results
The MLP's expansion initiatives continue to grow its volumes and earnings.
Energy Transfer LP Common Units (ET) Q3 2024 Earnings Call Transcript
Energy Transfer LP Common Units (ET) Q3 2024 Earnings Call Transcript
Should You Buy, Sell or Hold Energy Transfer Stock Before Q3 Earnings?
ET's third-quarter earnings are likely to have benefited from contributions from organic and inorganic assets that are spread across major production basins.
