Can ET Stock Build a Strong Income Story on Distribution Growth?

Key Takeaways ET has raised its quarterly distribution 16 times in last five years, signaling strong financial health.The firm emphasizes capital discipline, balance sheet strength and sustainable distribution coverage.ET trades at 9.15X EV/EBITDA, below the industry average of 10.76X, suggesting relative undervaluation.Energy Transfer LP (ET) stands out as a compelling income-focused investment, highlighted by an increase in its quarterly cash distribution over the past five years. The firm has raised its ...