Tepper's Investment Moves - David Tepper's Appaloosa hedge fund increased its stake in United Parcel Service (UPS) by 0.83% in Q2 2024, purchasing 5,000 shares [2] - Appaloosa first initiated a position in UPS in Q4 2023 with 500,000 shares and added another 100,000 shares in Q1 2024, boosting its stake by 20% [2] - Tepper reduced Appaloosa's stake in Energy Transfer (ET) by nearly 10.9% in Q2 2024, following a sale of 1.14 million shares in Q1 2024 [3] - Energy Transfer's position in Appaloosa's portfolio has fluctuated multiple times since Tepper first bought it in Q2 2017 [3] Dividend Yields - UPS offers a forward dividend yield of over 5%, while Energy Transfer's distribution yield is nearly 8% [4] - Both stocks maintained attractive yields throughout Q2 2024 [4] UPS's Business Outlook - UPS's stock has declined more than 44% from its early 2022 peak, but U.S. shipping volumes rose in Q2 2024 after over two years of quarterly declines [5] - CEO Carol Tomé predicts a return to earnings growth in the second half of 2024 [5] - UPS has increased its dividend payout for 15 consecutive years, with management committed to future dividend growth [7] - The company is expected to improve its bottom line as it moves past higher initial costs from its 2023 union deal [8] Energy Transfer's Performance - Energy Transfer's stock was up around 17% year-to-date in early May 2024 and has surged 70% over the past three years [6] - The company is attractively valued with a forward earnings multiple of around 10 and is growing both organically and through acquisitions [9] - Energy Transfer's ultra-high distribution yield positions it to deliver exceptional total returns [9]

2 Week Range 1,48 EPS (FWD 10.50 Div Rate (FWD) $1.28 Yield (FWD) 0.23% Short Interes 1.06% Market Cap $53.22B 4,000,945 Psex Close $15.55 PM Images Electric vehicles, data centers, and training large language models (LLMs) all have one thing in common. They require large amounts of electricity. As clectric vehicles become more common in the automotive mix and more data centers are brought online to advance Al capabilities, the demand for electricity will increase. Renewable sources of energy won't be abund ...

Travel Ink/DigitalVision via Getty Images Just the other day, on August 5th, I wrote an earnings preview article for one of my absolute favorite companies. That happens to be pipeline/midstream firm Energy Transfer LP (NYSE:ET). In that article, I talked about what analysts were anticipating and what investors should keep an eye on. When management announced results for the quarter, they reported revenue and earnings per share that fell short of expectations. But thanks in part to a recent acquisition, they ...

Jonathan Kitchen/DigitalVision via Getty Images Energy Transfer LP (NYSE:ET) is one of the largest midstream companies in the world, with a market capitalization of more than $50 billion, and a dividend yield of more than 8%. The company has continued to generate record earnings, with substantial growth potential, which will enable strong long-term shareholder returns. Energy Transfer Updates Energy Transfer has a dividend yield of more than 8%, with adjusted EBITDA for the quarter at almost $3.8 billion. E ...

Why this high-yield stock should be on investors' radars. Energy Transfer (ET -1.70%) once again increased its full-year guidance when it reported its second-quarter results, showing the strong operational momentum the company has. The stock has performed well this year with an over 20% return, including distributions. Despite its strong performance this year, the master limited partnership (MLP) still has an enticing forward distribution yield of about 7.9% and trades at an attractive valuation. Let's dive ...

The midstream giant is delivering a growth spurt. Energy Transfer (ET 4.03%) is better known for its hefty cash distributions. The master limited partnership's (MLP) payout currently yields around 8%. That's several times higher than the S&P 500's 1.5% dividend yield. That high-yielding dividend is only part of the appeal. The MLP is also growing at a brisk pace this year. Because of that, it could have the fuel to produce high-octane total returns. Stomping on the gas Energy Transfer recently reported robu ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ý QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-32740 ENERGY TRANSFER LP (Exact name of registrant as specified in its charter) Delaware 30-0108820 (State or other jurisdiction of incorporation or organizat ...

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 sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Energy Transfer LP (ET) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Energy Transfer LP currently has ...

ENERGY 。TRANSFER Moving America's Energy Q2 2024 Earnings August 7, 2024 Forward-looking Statements / Legal Disclaimer Management of Energy Transfer LP (ET) will provide this presentation in conjunction with ET's 2nd quarter 2024 earnings conference call. On the call, members of management may make statements about future events, outlook and expectations related to Sunoco LP (SUN), USA Compression Partners, LP (USAC), and ET (collectively, the Partnerships), and their subsidiaries and this presentation may ...

Energy Transfer LP Common Units (NYSE:ET) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Tom Long - Co-Chief Executive Officer Mackie McCrea - Co-Chief Executive Officer Conference Call Participants Jeremy Tonet - JPMorgan John Mackay - Goldman Sachs Keith Stanley - Wolf Research Theresa Chen - Barclays Spiro Dounis - Citi Michael Blum - Wells Fargo Operator Good day, and welcome to the Energy Transfer Q2 2024 Earnings Conference Call. All participants will be in listen-only ...