Workflow
Energy Transfer(ET)
icon
Search documents
Energy Transfer: An Excellent Dividend Stock
Seeking Alpha· 2024-08-30 09:20
Time 1 IN spooh Energy Transfer (NYSE:ET) is a master limited partnership [MLP] operating in the distribution of oil and gas. This MLP has very limited sensitivity to commodity prices as its earnings are primarily fee-based contracts, earning it revenue even when commodity prices are down. ET offers a highly attractive dividend yield of around 8% and has made significant strides in addressing challenges around high debt levels. The success of its deleveraging efforts now open up the possibility of increased ...
Energy Transfer: Rare Insider Buys
Seeking Alpha· 2024-08-29 18:31
in l i II w Ildo Frazao ET stock: Recent insider transactions My last article on Energy Transfer LP stock (NYSE:ET) was published on Seeking Alpha about a month ago, on July 25, 2024, as you can see from the chart below. The article, entitled "AI Is Hungry For Power, Energy Transfer Will Deliver It," argued for a strong buy rating based on the power demands from AI-related technologies. Quote: All told, my conclusion is that ET offers a very skewed return/risk profile under current conditions, and thus reit ...
Energy Transfer Stock Price Increases 21.8% YTD: How to Play It Now?
ZACKS· 2024-08-28 17:56
Units of Energy Transfer LP (ET) have rallied 21.8% year to date compared with its industry's growth of 20.8%. The oil and gas midstream firm owns a wide network of pipelines across the United States and is pursuing opportunities to serve growing power loads from new demand centers across its network. The firm is also a top exporter of liquefied petroleum gas and is working to expand natural gas liquids (NGL) export facilities to cater to the rising demand for NGL globally. The ET stock has also outperforme ...
Prediction: Energy Transfer Stock Will Nearly Double in 5 Years
The Motley Fool· 2024-08-24 22:53
How the stock could nearly double by the end of 2029. Most investors interested in Energy Transfer (ET 1.25%) are attracted to its high yield, which currently sits around 7.9%. The company currently pays a $0.32 quarterly distribution and is looking to increase that by between 3% to 5% a year moving forward. That is attractive in and of itself, but I also think the pipeline operator's stock could nearly double over the next five years. This would happen through a combination of growth projects, as well as m ...
8%-Yielding Energy Transfer Has Become An Ideal Retiree Investment
Seeking Alpha· 2024-08-21 11:05
JamesBrey Energy Transfer (NYSE:ET) was once known as a higher-risk, higher-reward MLP due to the shoot-from-the-hip approach of its Texas-based founder, Kelsey Warren, who aggressively deployed capital to chase ambitious growth projects and acquisitions. While there is nothing inherently wrong with this approach, it blew up in the company's face, especially in the wake of the 2020 COVID-19 energy market crash, prompting the partnership to slash its distribution materially. As a result, Energy Transfer unde ...
Energy Transfer: Positioned Well For Future Growth
Seeking Alpha· 2024-08-20 08:38
andyKRAKOVSKI/iStock via Getty Images Performance Assessment In my latest article on Energy Transfer (NYSE:ET), I had issued a 'Neutral/Hold' rating to reflect my views of performance in-line with the S&P 500 (SPY) (SPX): Performance since Author's Last Article on Energy Transfer (Seeking Alpha, Author's Last Article on Energy Transfer) Since then, ET has outperformed the S&P 500 by +5.35%, so one may argue that it has been a little bit of a missed opportunity. However, I am not too bothered by this omissio ...
Energy Transfer: Rotation From Growth To Value Might Start Soon
Seeking Alpha· 2024-08-19 21:10
i 1 2017 图1 1 日 1 1 19 11 1999 P T 11000 i tell Th H H ther i 0 F 11 187 thexfilephoto My thesis My thesis is about the company called Energy Transfer (NYSE:ET). ET appears to be a compelling investment opportunity in the current stock market when sentiment around growth stocks is cooling down rapidly. I think that there are numerous reasons to believe that ET is a Strong Buy. ET offers a rare opportunity to earn a massive 7.85% dividend yield. My stock analysis suggests that this dividend yield is safe and ...
Billionaire David Tepper Bought 1 High-Yield Dividend Stock in Q2 and Sold Another. Should You Follow His Lead?
The Motley Fool· 2024-08-19 08:50
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]
Energy Transfer: An Indirect Beneficiary From AI That's Undervalued And Yielding 8.23%
Seeking Alpha· 2024-08-14 12:30
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 ...
Energy Transfer: A Great Coma Stock
Seeking Alpha· 2024-08-12 18:48
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 ...