Energy Transfer: 8% Yielder With An Enhanced Growth Profile


  • Energy Transfer has been one of my top picks in the midstream space.
  • Since my issuance of my bull thesis, ET outperformed its closest peers by a notable margin.
  • This could raise the question of a potential overvaluation.
  • In this article I explain why this is not the case and why I am still maintaining my buy rating for ET.

Workers at underground gas storage plant

Monty Rakusen

January this year, I issued a bullish article on Energy Transfer (NYSE:ET) arguing that its dividend, which at that time yielded ~9%, was in a much safer position than several years ago when ET was forced to cut it. In

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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