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Added to YB: 2024-06-21

Pitch date: 2024-04-05

ET [bullish]

Energy Transfer LP

+19.26%

current return

Author Info

No bio for this author

Company Info

Energy Transfer LP, together with its subsidiaries, provides energy-related services in the United States.

Market Cap

$55.4B

Pitch Price

$13.89

Price Target

N/A

Dividend

8.04%

EV/EBITDA

8.80

P/E

12.58

EV/Sales

1.58

Sector

Oil, Gas and Consumable Fuels

Category

dividend

Show full summary:
Alpha Wealth Funds – The Insiders Fund Portfolio Holding: Energy Transfer LP

ET: Diversified midstream co. yields 9%, spans NA. Insiders bought $76M, no sales in 12mo. Benefits from rising LNG exports. Stable despite rates, up 22% YTD + divs. Pipelines are toll roads, less impacted by commodity prices vs other energy cos.

Read full article (1 min)