ET - Energy Transfer: A Good Place For New Money With Its 7.77% Yield

• Energy Transfer is one of the largest and most well known midstream partnerships in the United States.
• The company will add approximately $1 billion in cash flow from the Enable Midstream acquisition.
• The future for the industry is bright as demand for energy grows globally, resulting in climbing volumes.
• The company broke its streak last year by cutting the distribution but it did not actually need to as the distribution is extremely well covered.
• The company looks like a good place to park some money today and earn a 7.77% yield.

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