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home / news releases / ET - Energy Transfer Buys Enable Midstream: Old Habits Hard To Break

ET - Energy Transfer Buys Enable Midstream: Old Habits Hard To Break

Energy Transfer LP
  • Energy Transfer announces it will acquire Enable Midstream in a $7.2B deal, making it a first mover in post coronavirus midstream consolidation.
  • Deal economics look okay at first glance, but it does not move the needle for Energy Transfer. Per unit DCF actually declines.
  • If anything, it damages investor sentiment that already has been ground into the mud in recent years.

For further details see:

Energy Transfer Buys Enable Midstream: Old Habits Hard To Break
Stock Information
Company Name: Energy Transfer LP
Stock Symbol: ET
Market: NYSE
Website: energytransfer.com
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