Energy Transfer: Why The Permian Matters

Introduction Investors who don't share my aversion to MLP's, have done well in ET on a price improvement basis. The company has shown strong growth this year, outshined by only OKE, (OKE)-up a whopping 43% over the last With all of that, let's review the high level thesis for the company and a couple of catalysts that may drive growth in the future. Service focus for ET (ET) ET pays a well covered distribution of $1.27 per unit and is on track to generate $9.8 bn in DCF in 2024. The Yield on Cost at current ...