Is Energy Transfer a Buy After Its Latest Distribution Increase?
ETEnergy Transfer(ET) The Motley Fool·2024-11-12 18:20

The stock for this midstream energy company looks well-positioned moving forward.In the wake of the election and the release of its third-quarter results, Energy Transfer (ET -0.35%) saw its stock hit a 52-week high and is now up more than 25% on the year as of this writing, without even taking into consideration its handsome distribution. Speaking of distributions, the master limited partnership (MLP) just raised that as well.Against the backdrop of what is expected to be a more favorable regulatory enviro ...