ET Stock Recent News

Energy Transfer: Another Strong Quarter And Still Trading At A Discount

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Conservative capital spending by upstream players and gradual shifting to renewables may hurt the demand for midstream players' assets. Enterprise (EPD), Energy Transfer (ET) and Plains All American Pipeline (PAA) are surviving the industry challenges.

Energy Transfer's strategically positioned and diversified asset base across the United States underpins its growth to meet rising demand. Yet, its below-average return on equity raises some concerns.

Energy Transfer is positioned to benefit from surging energy demand driven by data centers, AI, and digital infrastructure expansion in the U.S. ET's unmatched infrastructure, robust growth projects, and fee-based contracts support rising distributable cash flow and future distribution increases. Despite recent underperformance, ET remains undervalued versus peers, trading at the lowest EBITDA and DCF multiples in its group.

For investors trying to find high-yield stocks that can help supplement their income, the midstream energy space is one of the best sectors to look at. Meanwhile, $1,000 is a good starting point for investors to begin accumulating positions.

It is rare to find investments with high yields, strong capital appreciation potential, and relatively low risk. However, there are exceptions to this. We discuss two of these opportunities with yields of 8-10%.

Investors love dividend stocks, especially those with ultra-high yields, because they offer a significant income stream and have substantial total return potential.

Energy Transfer LP (ET) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Investors interested in Oil and Gas - Production Pipeline - MLB stocks are likely familiar with Energy Transfer LP (ET) and Oneok Inc. (OKE). But which of these two stocks presents investors with the better value opportunity right now?