Core Insights - Energy Transfer LP (NYSE:ET) is recognized as one of the 12 Best Stocks to Buy Now for Passive Income [1] - The company operates over 140,000 miles of pipelines in North America's midstream energy sector, transporting natural gas, natural gas liquids (NGLs), and crude oil [2] - Energy Transfer is experiencing strong momentum with record levels in gathered volumes, crude oil and NGL transport, and NGL exports [3] Growth Opportunities - A significant growth opportunity is emerging from the data center sector, driven by the increasing electricity demands from the AI boom, with approximately 200 requests for data center connections across 15 states as of Q2 2025 [4] - The company has entered into a deal with CloudBurst to supply natural gas to its Central Texas data centers [4] Dividend Performance - Energy Transfer is noted for its solid dividend performance, having raised its dividends for 14 consecutive quarters [5] - The current quarterly dividend stands at $0.33 per share, translating to a dividend yield of 7.71% as of September 22 [5]
How Energy Transfer (ET) Supports Long-Term Passive Income Strategies