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The interest rates have started to gradually come down, where the consequences of it could already be seen across the dividend landscape. On the one hand, this implies an immediate portfolio value increase, which is obviously not a negative. On the other hand, the reducing interest rates push down the discount rates, which, in turn, inflate asset prices. This has a direct negative and mathematical effect on the dividend yields.
24/7 Wall St. Insights Weaker demand in the United States and China and rising supply have hit oil pricing.
Energy Transfer has rallied sharply this year, fueled by several catalysts. The MLP still trades at a bottom-of-the-barrel valuation.
Energy Transfer LP (ET) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Following the US Federal Reserve's recent 50-basis point rate cut, investors are being urged to shift focus away from tech stocks and consider more stable sectors, according to SlateStone Wealth's chief market strategist, Kenny Polcari.
Energy Transfer's acquisition of WTG Midstream enhances its pipeline network and boosts distributable cash flow. ET has shown strong growth in EBITDA and distributable cash flow, driven by strategic acquisitions, with a 20% EBITDA increase and 31% DCF surge in Q2'24. High insider ownership aligns executive interests with unitholders, and raised FY 2024 guidance reflects confidence in continued EBITDA and DCF growth.
Energy Transfer said a fire at its natural gas liquid (NGL) pipeline in La Porte, Texas, which started on Monday, continued to safely burn itself out on Wednesday with the flame having diminished overnight.
The Investment Committee give you their top stocks to watch for the second half.
Energy Transfer insiders own more than 10% of the company's outstanding units. Its distributable cash flow rose by 32% in the second quarter.
Energy Transfer said a fire at its natural gas liquid (NGL) pipeline in La Porte, Texas, which started on Monday, was continuing to burn itself out on Tuesday morning.