The quick answer is probably not, but comparing it to a more reliable alternative will help explain why. Energy Transfer (ET 0.20%) has a lofty 8% or so distribution yield, which will likely sound pretty appealing to most dividend-focused investors. But don't jump in just yet. You'll probably be better off with Enterprise Products Partners (EPD) and its still very attractive 7.2% yield. Here's what you need to know. Energy Transfer and Enterprise have similar businesses Both Energy Transfer and Enterprise P ...

The MLP has significantly strengthened its financial foundation to the point where it's now stronger than ever. That enabled Energy Transfer to steadily increase its distribution, which is now above its pre-pandemic level. The payout, which currently yields nearly 8%, is safer than ever. From tight to tremendous flexibility Energy Transfer has come a long way over the past few years. Energy Transfer (ET 0.20%) has had its ups and downs over the years. Like many companies, it found itself in a tight spot whe ...

PM Images Energy Transfer (NYSE:ET) is finally trading above its pre-pandemic levels, after crashing to below $5 during the pandemic. Units of ET have appreciated by 16.88% in 2024, and my claims that ET should trade for a minimum of $17.26 look more realistic as time progresses (can be read here). While technology controls the narrative, there has been an opportunity in the energy sector that went unnoticed by many investors. The narrative regarding eliminating oil and gas never made sense to me, consideri ...

The MLP believes the midstream sector remains ripe for consolidation. Acquisitions are supplying Energy Transfer (ET 1.06%) with lots of fuel this year. The master limited partnership (MLP) closed two sizable deals last year, while its affiliate, Sunoco (SUN 0.32%), recently made a needle-moving acquisition. This trio of deals has the company on track to grow its earnings by around 10% this year. The MLP made it clear on its first-quarter conference call that consolidation in the midstream space continues t ...

The 6 Best Dividend Stocks To Buy With $2000 fizkes / Shutterstock.com 24/7 Insights Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contributed 68%. Therefore, sustainable dividend income and capital appreciation potential are essential for total return expectations. A recent study from Hartford Funds, in collaboration with Ned Davis Research, found that dividend stocks delivered an annualized return of 9.18% over the past half- ...

Energy Transfer stock can make you a millionaire, but you need to do this one thing. When including dividends in Energy Transfer's total returns, shares produced an 882% profit for shareholders since 2006. That's nearly double the S&P 500's total return over that time period. This type of return can help everyday investors become millionaires. It would still take several decades of consistent saving, but by investing in stocks like this, you can produce returns that transform a few thousand dollars a year i ...

Investors generally favor companies that demonstrate a strong commitment to returning capital to shareholders. Beyond price appreciation, dividends and share buybacks offer additional satisfaction. This is particularly important in the energy sector, where companies that return value to shareholders inspire greater confidence among investors due to the sector's inherent volatility in oil and natural gas prices. Major energy companies have released first-quarter 2024 results, with several announcing dividend ...

Is the distribution for this MLP set to keep rising? Energy Transfer (ET 0.13%) raised its full-year guidance last week when it reported its first-quarter results, continuing the company's recent strong operational performance. The stock has returned nearly 40% over the past year, including distributions. The master limited partnership (MLP) unceremoniously cut its distribution in half in the fall of 2020 to better deal with its debt load and the state of the energy market. However, the company has turned i ...

Acquisitions are driving stronger-than-expected growth this year.Energy Transfer (ET -0.12%) has a long history as a consolidator in the midstream sector. That strategy is paying big dividends this year. The pipeline company recently reported strong first-quarter results, fueled mainly by recent acquisitions. Another acquisition, this time by affiliate Sunoco (SUN -2.09%), will help power stronger-than-expected earnings growth for the master limited partnership (MLP) this year. The company's rising cash flo ...

alvarezEnergy Transfer First Quarter Review: Energy Transfer (NYSE:ET) reported another excellent quarter of near across the board growth for the first quarter of 2024. The big picture numbers were: Adjusted EBITDA of $3.9 billion compared to $3.4 billion for the first quarter of 2023. $460 million of growth capital expenditure. Distributable Cash Flow was $2.4 billion compared to $2 billion for the first quarter of 2023. Excess cash flow after distributions of approximately $1.3 billion. Adjusted EBI ...