3 Reasons to Buy Energy Transfer and Hold Through the End of the Decade

Energy Transfer (NYSE: ET) is known more as an income investment. With a distribution yield currently hovering around 6.5%, that makes sense. However, the master limited partnership (MLP) offers more than an attractive income stream. It's also growing at a solid clip, which should continue through at least the end of the decade. Here are three factors fueling that view.Last year, Energy Transfer grew its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) by 13%, while its distributable cash flow rose 10%. The main factor fueling its growth was acquisitions, specifically, its merger with Crestwood Equity Partners at the end of 2023 and its acquisition of WTG Midstream last July. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool