Energy Transfer (NYSE: ET) stock price has staged a strong recovery this year as energy companies continued thriving. It jumped to a high of $16 on Monday, its highest level since June 2015. The stock has soared by over 523% from its lowest point during the pandemic.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Bill Gross loves ET Copy link to section Bill Gross, the billionaire founder of PIMCO, has constantly praised Energy Transfer as his favouri ...

Energy Transfer has a fat 8.1% yield that's ostensibly backed by a stable midstream business. You should probably avoid it.Energy Transfer (ET -0.13%) has one very major positive to boast: Its distribution yield is a huge 8.1%. But don't get so enamored of the high yield that you overlook the rest of the story. In fact, while the fat yield is attractive, the master limited partnership (MLP) backing it has some very material negatives. Here's why you shouldn't buy Energy Transfer stock.Energy Transfer: The g ...

Why the stock may be one of the best investments for income-oriented investors.Since the start of 2022, Energy Transfer (ET -0.03%)has increased its distribution every quarter. However, everything has not always been smooth for the company. In fact, back in 2020, the midstream company slashed its distribution in half. So, what's in store for Energy Transfer's stock and its distribution? First, let's first look at what the company does and how it grows its distribution.A midstream giantEnergy Transfer is an ...

CHUNYIP WONG/E+ via Getty Images Investment thesis My previous bullish thesis about Energy Transfer LP (NYSE:ET) aged well as the stock delivered almost 17% total return since mid-December, outperforming the broader U.S. market. The company's fundamentals are improving steadily, which is a bullish sign to me. I think that the above 8% distribution yield is safe as the company continues to improve its operating leverage. I also like the management's capital allocation and growth priorities for 2024. My v ...

spooh With ongoing above-target inflation and a solid outlook for energy demand, the utility-like character of the midstream segment has become more and more a focus of income-oriented investors. Energy Transfer (NYSE:ET) has been one of the top performers in the sector, delivering a 63.5% total shareholder return ("TSR") over the last 5 years (~13% annualized), significantly ahead of its large-cap LP peers Enbridge (ENB) and Enterprise Products Partners (EPD) and the broader sector at 34%. Offering the ...

If you have been looking for high-yield stocks to buy, Energy Transfer (ET 1.22%), with its hefty 8.1% distribution yield, has probably popped up on your search screens already. This large North American midstream energy company helps move major quantities of oil and natural gas around the world. But if you are thinking of buying Energy Transfer, there are three important facts you should take into consideration.1. Energy Transfer is a complex businessEnergy Transfer's footprint spans the United States. It ...

Energy stocks have gotten off to a hot start this year. The average energy stock is up more than 10% as measured by the Energy Select Sector SPDR ETF. Some have surged even higher.ExxonMobil (XOM 1.04%) and Energy Transfer (ET 0.32%) stand out for their surges to start this year, with both outperforming the Energy Select Sector SPDR ETF. These energy stocks could have further to run. Here's why investors might want to buy them now before they rally even more. Catalysts galoreExxonMobil has rallied more than ...

olm26250/iStock via Getty Images ET is a still a buy My last article on Energy Transfer LP (NYSE:ET), published in Oct 2023, argued for a strong buy thesis. The argument was largely built on the potential for oil price recovery, considering catalysts like the persisting inflation and the Israel-Gaza conflict. Energy Transfer stock prices have indeed rallied strongly after that, by almost 13% (see the next chart below). The stock price now sits near a 52-week high, and also close to the highest level in ...

Energy Transfer LP (ET) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The upward trend in estimate revisions for this energy-related services provider reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong c ...

Chasing yield when investing is a dangerous game. The highest-yielding stocks often have problems that cause their prices to fall and their yields to soar. But you can still find excellent stocks with ultra-high yields that are excellent companies to own.Research by Wellington Management looked at dividend stocks over 92 years between 1930 and 2022. It found stocks offering high yields, but not the very highest, outperformed all othersThat’s not all that surprising. Dividend stocks represent companies that ...