Daily Stock Opinions and Ratings

Opinions

The Panic-Proof Portfolio (Stockchase Research) Energy Transfer LP ET-N TOP PICK Feb 14, 2023

Stockchase Research Editor: Michael O'Reilly

We again reiterate ET, one of the largest midstream energy companies in the world and who exports 20% of global natural gas liquids, as a TOP PICK. Earnings tomorrow should confirm recent acquisition assets and existing investment in their coastal terminals are buzzing with activity. It trades at 1.2x book value and 10x earnings. We like how they have aggressively been retiring debt. The dividend yield is excellent and supported by a payout ratio under 60% of cash flow. We recommend trailing up the stop-loss (from $10.75) to $11.50, looking to achieve $16.50 -- upside potential over 24%. Yield 6.7%

(Analysts’ price target is $16.50)

The Panic-Proof Portfolio (Stockchase Research)

Unknown

Unlock Rating

$13.035

Stock price when the opinion was issued

Energy Infrastructure, Industrials & Utilities

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

Premium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK

(A Top Pick Jan 02/24, Up 8%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with ET has triggered its stop at $15. To remain disciplined, we recommend covering the position at this time. This will result in a net investment gain of 22% when combined with the previous buy recommendations.

BUY

She doesn't want to own energy broadly, but loves this. 90% of their EBITDA is fee-based. Fantastic. It's all about volumes. And it pays an 8% dividend yield.

WATCH

Lots of chop. If it can get above $16.40, will accelerate. Whole space has been pretty volatile and is getting interesting. More activity in Middle East will change the story a bit more. Yield of nearly 8%.

BUY

Pays an 8% yield. Is the only way to feed electricity to the growing data centre industry.

DON'T BUY

Consider tax implications for owning this, for Canadians owning a limited partnership. Pays a nice dividend, but you will be taxed on this. Look at Canadian dividend payers in natural gas, instead, like Tourmaline.

BUY

Pick your spots in energy. This is a pipeline. This is up 45% this year and pays a 7% dividend yield. Stay capital-lite.

Premium content

🔒 Premium Content Alert – This buzzing stock opinion is accessible only to Stockchase Premium

Discover an exclusive list and analysis of the stocks that are trending on social medias—accessible only to our Premium subscribers. With a keen focus on the stocks that are setting social media ablaze, this weekly feature offers an invaluable lens through which to evaluate market movers. Say goodbye to the endless scroll through social media timelines; we curate the buzz so you can invest your time as wisely as your money. Unlock Premium Now.

TOP PICK

The oil and natural gas products that move through pipelines are an integral part of our modern way of life. From the clothes you wear and the food you eat to the transportation you use, oil and natural gas touch your life in thousands of ways you have never imagined. Social media mentions are up 400% in the past 24h.

BUY

Pays a good dividend. Pipelines are a great business.

BUY

The government is holding up the ethane from China because Trump wants rare earths in return, a mistake in his opinion. Ethane is a common you can get anywhere. This has hurt ET, but he likes the stock which pays a great yield.

BUY

A major natural gas player and great long-term performer. Shares have nearly tripled over the last 5 years. Pays a 7.5% dividend.

Most Recent Experts

Mike Philbrick

ReSolve Asset Management

Paul MacDonald

Harvest Portfolios Group