ET Stock Recent News

Pipeline operator Energy Transfer has signed a preliminary contract with a consortium to build its proposed Lake Charles liquefied natural gas (LNG) plant, a filing with federal regulators on Thursday shows.

The stock offers a solid yield and has strong price appreciation potential.

The stock offers a solid yield and has strong price appreciation potential.

In the latest trading session, Energy Transfer LP (ET) closed at $16.37, marking a -1.09% move from the previous day.

Dividend stocks are an essential component of any investor's portfolio.

The Investment Committee give you their top stocks to watch for the second half.

Energy Transfer LP is a "Strong Buy" due to its robust financials, strategic acquisitions, and undervaluation, offering significant growth and income potential. The company's Q2 FY2024 results showed strong adjusted EBITDA growth, driven by record pipeline volumes and strategic asset optimization. Energy Transfer's expansion into AI and data center markets presents a new revenue stream, leveraging its extensive natural gas infrastructure.

Energy Transfer LP is a leading midstream MLP with extensive infrastructure, primarily in the Gulf Coast, Bakken Shale, and Marcellus regions, offering growth potential. The company has shown strong growth, with a 30.53% increase in operating cash flow since 2021, driven by acquisitions and organic projects. Energy Transfer is bringing a new natural gas processing plant that it acquired from WTC Midstream into operation. This will begin contributing to the company's cash flow in Q3 2025.

Should investors be buying the high-yield stock?

Energy Transfer LP's robust fee-based model and diversified pipeline network support strong earnings visibility and growth. ET has continued outperforming its energy sector peers over time, corroborating the market's optimism. Energy Transfer has several growth drivers underpinning its volume growth prospects, including in AI.