Energy Transfer: Why The Permian Matters
ETEnergy Transfer(ET) Seeking Alpha·2024-06-11 21:00

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 ...