2024-04-26 13:10:22 ET
Summary
- ET.PR.E is set to be called on May 15, leaving only one exchange-traded preferred issue, ET.PR.I.
- ET.PR.I has no call risk and is only convertible to common under circumstances unlikely for the next few years.
- The yield of 7.66% is excellent for the quality.
Energy Transfer LP (ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with more than 125,000 miles of pipeline and other energy infrastructure....
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Surviving Energy Transfer Preferred Looks Attractive