Energy Transfer: Strong Cash Flow Machine With 8.2% Dividend Yield
ETEnergy Transfer(ET) Seeking Alpha·2024-06-11 12:01

imaginima Energy Transfer LP (NYSE:ET) is a diversified midstream energy partnership. Back in January, I discussed the utilization of cash secured puts and the purchase of preferred units as two income alternatives to the outright purchase of common units. Since that article, several preferred units have been redeemed, the common units have rallied, and the options market has priced puts less attractive than in January. With the recent pullback, Energy Transfer is offering a good entry point for income inve ...