3 Great Reasons to Buy Energy Transfer and Hold Through at Least 2030
Energy Transfer (NYSE: ET) has been a terrific investment over the past year. The energy midstream giant's unit price has rallied 22.5%. Add in its lucrative cash distributions, and the total return is more than 30%. One catalyst fueling the master limited partnership's (MLP's) rally is the growth it has coming down the pipeline. Here are three notable growth catalysts that could help fuel strong returns for investors through at least the next five years.Energy Transfer owns a diverse array of energy midstream assets across the U.S. Given the overall diversity of the company's operations, it can be easy to overlook its prime position in the prolific Permian Basin. The company has significantly enhanced its Permian platform in recent years through a series of strategic deals: Continue reading
Energy Transfer (NYSE: ET) has been a terrific investment over the past year. The energy midstream giant's unit price has rallied 22.5%. Add in its lucrative cash distributions, and the total return is more than 30%.
One catalyst fueling the master limited partnership's (MLP's) rally is the growth it has coming down the pipeline. Here are three notable growth catalysts that could help fuel strong returns for investors through at least the next five years.
Energy Transfer owns a diverse array of energy midstream assets across the U.S. Given the overall diversity of the company's operations, it can be easy to overlook its prime position in the prolific Permian Basin. The company has significantly enhanced its Permian platform in recent years through a series of strategic deals:
