Reported about 13 hours ago
Energy Transfer is positioned as an attractive investment due to its improved balance sheet, strong cash flow, and solid distribution yield exceeding 7%. The company has strengthened its financials, ensuring stable earnings from fee-based contracts, and is poised for growth with increased natural gas demand. With a high distribution coverage and ongoing expansion projects, including a significant pipeline initiative, Energy Transfer stocks represent a strong opportunity for income-focused investors despite their current undervaluation in the market.
Source: YAHOO