Reported 2 days ago
Energy Transfer (NYSE: ET) offers a high-yield distribution of around 7.5%, supported by strong financials and stable cash flow from its diversified midstream operations. The company is well-positioned for growth, with a forecasted 5% rise in EBITDA and significant investments in expansion projects this year. Despite its potential, it currently trades at low valuations compared to peers, making it an attractive investment for those seeking strong returns and passive income. However, alternative stock recommendations from analysts suggest exploring other options as well.
Source: YAHOO