Is This Texas-Based Energy Company a No-Brainer Buy for Dividend Investors?
2026-02-06 08:50:00 ET
Based in Dallas, Texas, Energy Transfer (NYSE: ET) has a very attractive 7.3% distribution yield. That is likely to attract dividend investors looking to maximize the income their portfolios generate. However, before you buy, you'll want to know a few facts about the business backing that yield.
Energy Transfer is one of the largest midstream operators in North America. It basically owns energy infrastructure, such as pipelines, that help move oil and natural gas around the world. It largely charges fees for the use of its assets, thereby generating reliable cash flows throughout the energy cycle . Demand for its services, which tends to remain strong even when oil prices are low, is more important than the price of the commodities Energy Transfer is moving through its system.
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