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Energy Transfer (NYSE: ET) has had a strong 2024, with its stock price up about 40% as of this writing. ... (LP) ownership entities merged back in 2018. Warren, who remains chairman, now owns the ...
There are a number of reasons that attract investors towards large-cap companies such as Energy Transfer Equity LP. (NYSE:ETE), with a market cap of US$17.86B. One reason being its ‘tooRead More...
Should investors be buying the high-yield stock?
In October 2018, Energy Transfer Equity completed its acquisition of Energy Transfer Partners, simplifying the partnership as one operating entity known as Energy Transfer LP. [14] In September 2019, the company acquired SemGroup for $5 billion. [15] In January 2020, former Energy Secretary Rick Perry rejoined the company's board. [16]
Improving fundamentals and a needle-moving catalyst make this high-yield stock look enticing.
Energy Transfer is a powerhouse in the midstream sector, specializing in the transportation, storage, and terminal operations of vital energy commodities, including natural gas, crude oil, natural ...
Investors interested in buying Energy Transfer might want to do it soon.
Energy Transfer LP (ET) closed the most recent trading day at $9.97, moving +0.4% from the previous trading session.