Energy Transfer LP (ET) completed the previously announced acquisition of WTG Midstream Holdings LLC. The firm paid $2.28 billion in cash and nearly 50.8 million newly issued ET common units to complete the acquisition.This acquisition expanded Energy Transfer’s presence in the Midland Basin as it added 6,000 miles of complementary gas-gathering pipelines in the region. The deal added eight gas processing plants with a total capacity of 1.3 billion cubic feet per day and two additional processing plants, wh ...

Energy Transfer (ET) and Sunoco (SUN) have announced the formation of a joint venture (JV) that combines their crude oil and produced water-gathering assets in the Permian Basin in a strategic move to enhance their operations and financial performances.Energy Transfer, based in Dallas, will serve as the operator of the newly formed JV. The partnership is expected to be immediately accretive to distributable cash flow for both Energy Transfer and Sunoco, reflecting the strategic and financial benefits of thi ...

DALLAS, July 16, 2024 /PRNewswire/ -- Energy Transfer LP (NYSE: ET) ("Energy Transfer") and Sunoco LP (NYSE: SUN) ("Sunoco") today announced the formation of a joint venture combining their respective crude oil and produced water gathering assets in the Permian Basin. Map of Permian assets.Map of Permian assets. Energy Transfer will serve as the operator of the joint venture and contribute its Permian crude oil and produced water gathering assets and operations. Sunoco will contribute all of its Permian cru ...

Midstream stocks had a strong first half, but the second half may be even brighter. Pipeline and midstream energy stocks have had a strong start to 2024. This can been seen in the performance of major sector exchange-traded funds (ETFs) such as the Alerian Energy Infrastructure ETF (ENFR 0.47%), up about 18% year to date, and the Alerian MLP ETF (AMLP 0.59%), up nearly 17%. The latter only includes the stocks of midstream companies structured as master limited partnerships (MLPs), while the former includes ...

Ensuring a steady stream of income remains a core goal for many investors. While market fluctuations can cause anxiety, focusing on some of the best dividend stocks for income may offer a dependable solution. These companies regularly distribute a portion of their profits to shareholders, providing a predictable cash flow. The Vanguard High Dividend Yield ETF (NYSEARCA:VYM) tracks the performance of companies that typically pay higher-than-average dividends. VYM’s year-to-date (YTD) return of 6.5% showcases ...

Energy Transfer LP (ET) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this energy-related services provider have returned +3.2% over the past month versus the Zacks S&P 500 composite's +3.5% change. The Zacks Oil and Gas - Production Pipeline - MLB industry, to which Energy Transfer LP belongs, has gained 2.4% over this period. Now the key question is: ...

In the latest trading session, Energy Transfer LP (ET) closed at $15.92, marking a -0.5% move from the previous day. This change lagged the S&P 500's 0.16% gain on the day. At the same time, the Dow added 0.04%, and the tech-heavy Nasdaq gained 0.49%. Shares of the energy-related services provider have appreciated by 3.29% over the course of the past month, outperforming the Oils-Energy sector's loss of 0.71% and the S&P 500's gain of 3.22%. The investment community will be paying close attention to the ear ...

In the latest trading session, Energy Transfer LP (ET) closed at $15.70, marking a +1.42% move from the previous day. This change outpaced the S&P 500's 0.25% loss on the day. At the same time, the Dow added 0.77%, and the tech-heavy Nasdaq lost 0.79%. Prior to today's trading, shares of the energy-related services provider had lost 1.59% over the past month. This has was narrower than the Oils-Energy sector's loss of 5.24% and lagged the S&P 500's gain of 3.59% in that time. Market participants will be clo ...

文章核心观点 - 数据中心对人工智能的需求将大幅增加天然气需求 [3][4] - 管道公司将从中受益,因为它们主要从事运输原油、天然气和天然气液体等活动 [2][3] - 两家管道公司 Energy Transfer 和 Kinder Morgan 将从这一趋势中获益 [5] Energy Transfer - 拥有近90,000英里的管道网络,是北美最大的天然气运输商之一 [6] - 位于Permian地区的天然气价格较低,这吸引了需要大量用电的数据中心 [7] - 公司财务状况良好,分红收益率8.2%,未来3-5%的年增长率 [8][9] - 估值合理,有较强的价格上涨潜力 [9][10] Kinder Morgan - 拥有约67,000英里的天然气管道,运输美国40%的天然气 [11] - 管理层认为人工智能带来的能源需求增加将对其业务产生积极影响 [12] - 大部分收入来自于固定价格和固定量的合同,避免了大宗商品价格波动的影响 [13] - 估值合理,股息收益率5.8% [14][15]

IL21/iStock via Getty Images Introduction Energy Transfer, (NYSE:ET) is the Godzilla of the pipeline space, with more miles of carriage than any other. By a long shot. In their latest investor presentation, ET claims 125,000 miles of pipeline capacity, and who are we to argue? ET footprint (ET) We last covered ET in July of last year with a buy rating, and it's up 31% so we will claim credit for a win. Sadly, ET isn't part of my portfolio since I don't invest directly in MLP's for tax reasons, as my IRA is ...