Have done some good growth things, taking it from a loser to a winner. They were too acquisitive before, but not anymore.
There is not much growth and it trades like a long bond at around 9%. In a higher rate environment margins can get squeezed. He would rather own pipelines in the U.S. such as Williams, or Enbridge and TC Energy in Canada.
Not managed as well as peers in energy despite paying a 10% yield.
Didn't like their balance sheet, but they have beaten that issue.
Energy Transfer LP is a American stock, trading under the symbol ET-N on the New York Stock Exchange (ET). It is usually referred to as NYSE:ET or ET-N
In the last year, 5 stock analysts published opinions about ET-N. 4 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Energy Transfer LP.
Energy Transfer LP was recommended as a Top Pick by on . Read the latest stock experts ratings for Energy Transfer LP.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
5 stock analysts on Stockchase covered Energy Transfer LP In the last year. It is a trending stock that is worth watching.
On 2023-09-29, Energy Transfer LP (ET-N) stock closed at a price of $14.03.
He changed his mind on this because there's so much demand for pipelines. Plus, they pay a good dividend.