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ET - Why Energy Transfer's Q4 Makes It My Favorite 9%-Yielding Equity
Energy Transfer LP
2024-02-20 07:15:00 ET
Summary
Energy Transfer has generated extraordinary total returns and distribution growth for me, making it one of my best investments in recent years.
However, I don't think it is even close to done with being a great high-yield investment.
I share three reasons why.
Energy Transfer (ET) has been one of my best investments in recent years. I bought a large allotment of units back on December 3, 2020, and have held them ever since. The total returns and distribution growth over that period of time have been extraordinary: