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ET - Energy Transfer's Earnings Come With Some Impressive Surprises
Energy Transfer LP
Energy Transfer announced that it's acquiring Enable Midstream in probably the best deal it can get at the time.
The company is an FCF machine where it was FCF positive in 2020, which should continue going forward.
Going forward, the company will be able to use its $3 billion in annual FCF to drive substantial shareholder rewards relevant to its $6 billion market cap.