The midstream giant continues to gobble up smaller rivals. Energy Transfer (ET 0.32%) continues to lead the midstream sector's consolidation. The master limited partnership (MLP) made two deals last year and recently followed them up with its first acquisition in 2024. It's paying nearly $3.3 billion to buy WTG Midstream. Its latest deal perfectly aligns with its acquisition strategy of finding accretive transactions that enhance its value chain without negatively impacting its balance sheet. That approach ...