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]

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 ...

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 ...

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 ...