- Energy Transfer reported phenomenal results year-over-year, which is partly due to the continued recovery that we have been seeing in the energy industry.
- It is uncertain how strong the company's forward growth prospects are given the attitudes that many upstream producers have been expressing about stagnation.
- Energy Transfer does still have more growth projects than many other midstream companies, which should benefit it over the next year or two.
- The company's recent acquisition of Enable Midstream provided it with opportunities to exploit the growing demand for LNG.
- The 6.97% forward yield is easily sustainable and the company has more than sufficient room to increase it.
For further details see:
Energy Transfer: Solid Results, Sustainable 7% Yield, Good Growth Potential