Energy Transfer(ET)
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Beat the Fed: 3 Rate-Hike Winners to Buy Before Liftoff
InvestorPlace· 2024-04-17 21:48
It’s often said that baseball is America’s pastime. But for some investors, Fed watching is the real spectator sport. There’s a tremendous amount of interest and importance placed on every meeting of the Federal Reserve Open Market Committee (FOMC). Three months ago, few investors would have thought their 2024 investment strategy would include choosing rate-hike protected stocks. However, as we’re already more than a quarter of the way through 2024, the question on many investors’ minds is when, or if, the ...
Is It Too Late to Buy Energy Transfer Stock?
The Motley Fool· 2024-04-17 11:16
The MLP has been on a red-hot run over the past year.Energy Transfer (ET -0.85%) has gone on a strong run since the start of 2023. The master limited partnership (MLP) has rallied more than 25%. That's a big move for a relatively slower-growing pipeline company.The MLP's rally likely has some investors wondering if it's too late to buy. Here's a look at whether the pipeline stock is about to run out of fuel or has plenty left in the tank.What has fueled Energy Transfer's rally?A big driver of Energy Transfe ...
Energy Transfer LP (ET) Stock Drops Despite Market Gains: Important Facts to Note
Zacks Investment Research· 2024-04-16 22:51
In the latest market close, Energy Transfer LP (ET) reached $15.10, with a -0.85% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 0.03%. Elsewhere, the Dow saw an upswing of 0.41%, while the tech-heavy Nasdaq appreciated by 0.12%.Prior to today's trading, shares of the energy-related services provider had lost 2.12% over the past month. This has lagged the Oils-Energy sector's gain of 4.4% and the S&P 500's loss of 0.9% in that time.Market participants w ...
Is Energy Transfer the Best Dividend Stock for You?
The Motley Fool· 2024-04-16 09:44
While the MLP offers a big-time dividend, it has some drawbacks.Energy Transfer (ET -1.23%) offers a monster dividend yield. The master limited partnership's (MLP) payout is over 8% these days. That puts it several times higher than the average dividend stock (the S&P 500's dividend yield is around 1.4%). Further, the pipeline company expects to grow its payout by 3% to 5% per year.However, the MLP's big payout isn't for everyone. Here's how to determine whether it's the best dividend stock for you.The case ...
Energy Transfer: Why There Is Still A Decent Upside
Seeking Alpha· 2024-04-14 11:27
bjdlzx Early this year I wrote an article about Energy Transfer (NYSE:ET) providing several arguments why, in my view, the then-current dividend yield of 9.1% was fully backed by robust fundamentals and in general why the probability of experiencing a similar event as in 2020, when ET cut the dividend, is extremely unlikely. So, the combination of a very enticing dividend and improving cash generation warranted a buy from me. Since the publication of the article, the stock has rewarded investors nicely, ...
Here is What to Know Beyond Why Energy Transfer LP (ET) is a Trending Stock
Zacks Investment Research· 2024-04-12 14:05
Energy Transfer LP (ET) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this energy-related services provider have returned +4.3% over the past month versus the Zacks S&P 500 composite's +1.6% change. The Zacks Oil and Gas - Production Pipeline - MLB industry, to which Energy Transfer LP belongs, has gained 2.7% over this period. Now the key question is: Where could the stock ...
Energy Transfer: Is Bill Gross's favourite stock a good buy?
Invezz· 2024-04-09 09:00
Energy Transfer (NYSE: ET) stock price has staged a strong recovery this year as energy companies continued thriving. It jumped to a high of $16 on Monday, its highest level since June 2015. The stock has soared by over 523% from its lowest point during the pandemic.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Bill Gross loves ET Copy link to section Bill Gross, the billionaire founder of PIMCO, has constantly praised Energy Transfer as his favouri ...
Energy Transfer's Ultra-High Yield Is Great. Here's Why You Shouldn't Buy It.
The Motley Fool· 2024-04-09 08:15
Energy Transfer has a fat 8.1% yield that's ostensibly backed by a stable midstream business. You should probably avoid it.Energy Transfer (ET -0.13%) has one very major positive to boast: Its distribution yield is a huge 8.1%. But don't get so enamored of the high yield that you overlook the rest of the story. In fact, while the fat yield is attractive, the master limited partnership (MLP) backing it has some very material negatives. Here's why you shouldn't buy Energy Transfer stock.Energy Transfer: The g ...
What's Next for Energy Transfer Stock and Its 8% Dividend Yield?
The Motley Fool· 2024-04-04 14:31
Why the stock may be one of the best investments for income-oriented investors.Since the start of 2022, Energy Transfer (ET -0.03%)has increased its distribution every quarter. However, everything has not always been smooth for the company. In fact, back in 2020, the midstream company slashed its distribution in half. So, what's in store for Energy Transfer's stock and its distribution? First, let's first look at what the company does and how it grows its distribution.A midstream giantEnergy Transfer is an ...
Energy Transfer: Fundamentals Keep Improving
Seeking Alpha· 2024-04-02 19:16
CHUNYIP WONG/E+ via Getty Images Investment thesis My previous bullish thesis about Energy Transfer LP (NYSE:ET) aged well as the stock delivered almost 17% total return since mid-December, outperforming the broader U.S. market. The company's fundamentals are improving steadily, which is a bullish sign to me. I think that the above 8% distribution yield is safe as the company continues to improve its operating leverage. I also like the management's capital allocation and growth priorities for 2024. My v ...