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 ...

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 LP (ET) is expected to report an improvement in its top and bottom lines when it reports second-quarter 2024 results on Aug 7, after market close. The Zacks Consensus Estimate for ET's second-quarter revenues is pegged at $24.64 billion, indicating a 34.48% increase from the year-ago reported figure. The consensus estimate for earnings is pegged at 36 cents per unit. The Zacks Consensus Estimate for ET's second-quarter earnings has increased by 2.9% in the past 60 days. The estimate suggests ...

This midstream leader checks off several boxes. My apologies to Sir Mix-A-Lot, but I like big dividends and I cannot lie. It's not that I depend on dividends for income right now. However, I appreciate the significant help that strong dividends provide in achieving solid total returns. I recently bought several stocks, including one of North America's midstream energy leaders, Energy Transfer LP (ET -1.48%). Here's why I just loaded up on this ultra-high-yield dividend stock. 1. An attractive and growing di ...

Travel Ink/DigitalVision via Getty Images One of my absolute favorite companies on the market today is none other than pipeline/midstream firm Energy Transfer (NYSE:ET). Those who follow my work closely know that I have a very concentrated portfolio. I currently have only eight stocks in it. And it just so happens that Energy Transfer is my third largest, accounting for 13.3% of those assets. In the past, I've done quite well owning the stock. Excluding the hefty distributions that I have gotten from the fi ...

MLPs can produce prodigious passive income streams. Higher interest rates have been a passive income investor's dream scenario. Even lower-risk fixed-income investments like government bonds and bank CDs offer high yields these days. Because of that, equity investments, which are riskier by nature, have to offer even higher yields to entice income-seeking investors. For example, several high-quality yield-focused master limited partnerships (MLPs) currently pay around 8%. Because of that, a $1,000 investmen ...

This oil and gas stock offers a high yield of 7.9% and is increasing its dividend payout every year. With its 7.9% yield, Energy Transfer (ET -1.54%) is one of the highest-yielding large-cap oil and gas dividend stocks. The company is also among the largest midstream energy players in the U.S., storing and transporting natural gas, crude oil, natural gas liquids, and refined products to utilities, industrial, and other end users through its extensive pipeline system. Energy Transfer just raised its quarterl ...

Core Viewpoint - The article upgrades the rating of Energy Transfer LP (ET) to a strong buy due to the acquisition of Crestwood Equity Partners, which is expected to enhance ET's growth potential significantly [3][12]. Company Overview - Energy Transfer LP owns a diversified portfolio of energy assets in the U.S., primarily focusing on natural gas midstream facilities, which are crucial for electricity generation [16]. - The company has budgeted approximately $2.9 billion for growth capital in 2024 and has been averaging $3.18 billion in capital expenditures (CAPEX) in recent years [10][18]. Acquisition Impact - The acquisition of Crestwood Equity Partners is anticipated to catalyze a higher growth rate for ET, with valuation metrics indicating a P/E growth ratio of 0.8x and a PEGY yield of 0.5x, both significantly below the ideal threshold [3]. - Additionally, the recent acquisition of WTG Midstream adds around 6,000 miles of gas-gathering pipelines and eight gas processing plants, expected to contribute approximately $0.04 to Distributable Cash Flow (DCF) per common unit in 2025, increasing to $0.07 by 2027 [10]. Market Demand and Positioning - The demand for energy is projected to rise due to the increasing power needs of artificial intelligence technologies and data centers, positioning ET as a key player to meet this demand [5][12]. - Natural gas is currently the largest source of electricity generation in the U.S., accounting for about 43% of total electricity production, which aligns with ET's operational focus [16]. Financial Metrics - ET's cash flow to CAPEX ratio is currently at 3.244x, higher than its three-year average of 3.087x, indicating strong capital allocation flexibility [10][18]. - The company has received an upgrade in its credit rating to "BBB" from "BBB-" by S&P Global Ratings, reflecting improved financial stability [14].