Key Takeaways Energy Transfer earns nearly 90% of its income from fee-based contracts, ensuring stable cash flows. ET's infrastructure in key basins secures long-term deals, aiding visibility into future earnings. ET's units trade at 10.17X EV/EBITDA TTM, a discount to the industry average of 11.39X.Energy Transfer LP (ET) , a U.S. midstream operator, benefits significantly from its reliance on fee-based contracts across the diversified asset portfolio. These contracts, which form the backbone of its reve ...

Key Takeaways TRGP stock rose 43.9% in a year, beating the Oil Refining and Marketing sub-industry's 28% growth. Record Q1 EBITDA of $1.18B, up 22% YoY, was driven by higher Permian volumes and fee-based contracts. TRGP is expanding LPG exports, targeting 19M barrels/month capacity at Galena Park by Q3 2027.Targa Resources Corp. (TRGP) has seen its shares climb an impressive 43.9% over the past year, far outpacing the broader Oils-Energy sector, which rose just 7.2%. Within the Oil Refining & Marketing su ...