Energy Transfer's Growth Outlook Just Keeps Getting Better

Energy Transfer continues to secure new growth opportunities.While Energy Transfer (ET 0.53%) pays a high-yielding distribution (currently 7.8%), growth is a huge part of its DNA. The master limited partnership (MLP) had grown its earnings at a 10% compound annual rate from 2020 through 2024. While growth will slow this year, a reacceleration is on the horizon. The midstream giant has several expansion projects entering service over the next year, which will fuel incremental cash flow. Meanwhile, its longer ...