Is Energy Transfer (ET) a Buy Following Permian Basin JV?

Summing Up Energy Transfer will undoubtedly benefit from its JV in the prolific Permian Basin. Additionally, the acquisition of WTG Midstream will expand its operation in the Midland Basin. Entergy Transfer, with more than 130,000 miles of pipeline and related infrastructure in 44 states, is poised well to benefit from the improving oil, natural gas and natural gas liquid production volumes in the United States. This can be a favorable entry point for investors, given the positive movement in earnings estim ...