ET Stock Recent News

Energy Transfer's deleveraging efforts have successfully reduced leverage ratios, enhancing financial stability and opening the door for potential unit buybacks. ET offers a highly attractive dividend yield of nearly 8%, with strong coverage and sustainable growth, making distribution cuts unlikely. ET is fairly valued, trading in line with its 5-year average EV/EBITDA ratio, with potential for long-term rerating if current growth continues.

ET is poised for growth with its expanding operation in the United States and well-balanced asset mix.

If you are looking for high yields, you have probably heard of Energy Transfer and Enterprise Products Partners. Energy Transfer has a track record of letting income-focused unitholders down and putting management's interests first.

Energy Transfer has a strong pipeline of growth projects in front of it. With the stock and sector trading below historical levels, the stock could see its valuation multiples expand.

Large Cap Value ranking by YCharts focuses on intrinsic firm value of large cap stocks. The Ben Graham Formula strategy selects stable stocks based on earnings, dividends, and valuation based on Graham's book “The Intelligent Investor”. 49 out of 69 All-Star Value Dividend stocks offer annual dividends (from $1K invested) exceeding their price per share. 5 of the 69 showed yields exceeding 25% and were disqualified as unsustainable.

In the past, ET was viewed as a more aggressive way to invest in midstream infrastructure. However, ET has transformed itself over the past several years. We detail why it has now become a retiree's dream investment.

Retail spending increased in July, reflecting a strong economy with stable or increasing prices. This shows that inflation may be stickier than originally thought, and dividend stocks that support high yields may be a good way to counterbalance inflation. Energy Transfer and Starwood Property Trust are recommended picks for a robust consumer confidence environment, offering high yields, value, and potential growth.

Energy Transfer is growing its EBITDA at a healthy clip, both organically and from prudent inorganic additions. As ET gradually expands its footprint, it is well-poised to benefit from increased electricity demand, particularly from data centers. ET stock's valuations are at a slight premium to a rather well-defined long-term trading range. But arguably, this premium is deserved due to the growth catalysts ahead.

Tepper bought more shares of UPS for his Appaloosa hedge fund in Q2. However, he trimmed Appaloosa's stake in Energy Transfer.

D.R. Horton should have both near-term and long-term catalysts. Energy Transfer's distribution gives it a big advantage in generating attractive total returns.