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Energy Transfer: Rock-Solid Dividend Opportunity
Seeking Alpha· 2024-04-24 03:46
canakat Introduction I continue to explore dividend stocks, and North American energy midstream appears to be a safe haven to me. The demand for hydrocarbons around the world is unlikely to decline in the foreseeable future, and there will also be a need to transfer and export them. Among the top-10 midstream companies in North America by market cap, I decided to dive into the fundamentals of Energy Transfer LP (NYSE:ET) because it offers an impressive 8% forward distribution (dividend) yield, and it ha ...
Energy Transfer LP (ET) Ascends But Remains Behind Market: Some Facts to Note
Zacks Investment Research· 2024-04-23 22:51
In the latest market close, Energy Transfer LP (ET) reached $15.88, with a +0.28% movement compared to the previous day. The stock fell short of the S&P 500, which registered a gain of 1.2% for the day. On the other hand, the Dow registered a gain of 0.69%, and the technology-centric Nasdaq increased by 1.59%.Shares of the energy-related services provider have appreciated by 1.74% over the course of the past month, underperforming the Oils-Energy sector's gain of 3.58% and outperforming the S&P 500's loss o ...
Investors Heavily Search Energy Transfer LP (ET): Here is What You Need to Know
Zacks Investment Research· 2024-04-23 14:06
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.Over the past month, shares of this energy-related services provider have returned +1.7%, compared to the Zacks S&P 500 composite's -4.2% change. During this period, the Zacks Oil and Gas - Production Pipeline - MLB industry, which Energy Transfer LP falls in, has gained 0%. The key question now is: What could be t ...
Meet the Ultrahigh-Yield Dividend Stock That Helped 1 Member of Congress Generate a 122% Return Last Year
The Motley Fool· 2024-04-20 09:46
A midstream energy stock has been an income and growth machine for a GOP representative.Beat the market. That's the goal for most investors. However, achieving that goal is often easier said than done.It wasn't difficult for quite a few U.S. senators and representatives last year, though. Over 30 of them managed to beat the market, with some of them raking in gains more than four times greater than the S&P 500. Meet the ultrahigh-yield dividend stock that helped one member of Congress generate a 122% return ...
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 ...