Dilok Klaisataporn Background Energy Transfer LP (NYSE:ET) is a limited partnership and as such pays most profits to unit holders in the form of distributions. These distributions are similar to corporate dividends, but they are treated differently for tax purposes. Limited partnerships like ET often attract income and conservative investors seeking reliable returns with limited risk. ET stands out amongst its midstream peers with rapid growth not only by building new assets, but also by mergers and acquisi ...