Energy Transfer Needs To Stop Flouting The Law, But It's Still A Good Investment

Summary

  • Energy Transfer is once again getting sued for skipping out on required regulations. Over time, regulators are less likely to be forgiving.
  • The company is still investing heavily in the business, although growth capital is slowing down freeing more capital for other businesses.
  • Going forward, we expect the company to continue driving strong double-digit shareholder rewards showing its financial strengths.
  • I do much more than just articles at The Energy Forum: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »

Flammable liquid storage tank.

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Energy Transfer (NYSE: NYSE:ET), a massive almost $27 billion company, is one of the largest midstream companies by enterprise value. The company has consistently struggled with the law, as it tries to take shortcuts wherever

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This article was written by

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The Value Portfolio specializes in building retirement portfolios and utilizes a fact-based research strategy to identify investments. This includes extensive readings of 10Ks, analyst commentary, market reports, and investor presentations. He invests real money in the stocks he recommends.

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of ET either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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