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XOM - Energy Transfer: Solid Results And Future Could Present An Opportunity
Exxon Mobil Corporation
On Wednesday, February 19, 2020, diversified midstream giant Energy Transfer LP (ET) announced its fourth-quarter 2019 earnings results. At first glance, these results were very solid as the company beat the expectations of its analysts on both the top line and the bottom line. A closer look at the actual earnings report does indeed show that there was quite a bit to like here as the company saw several major growth projects come online 2019, one of which was early in the fourth quarter. Thus, the company clearly saw the growth story that