Think It's Too Late to Buy Energy Transfer? Here's the Biggest Reason There's Still Time.

Energy Transfer (NYSE: ET) has been red hot since the start of 2023. Units of the master limited partnership (MLP) have surged more than 40%, a big rally for a company known for its high-yielding distribution (6.7%, even after the price jump). The monster price increase likely has many investors wondering if it's too late to buy the MLP. Here's the top reason there's still time.Energy Transfer has been the third-best-performing midstream company since the beginning of 2023. Despite that surge, it trades at the second-lowest valuation in its peer group: Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool