Energy Transfer: Remarkable Dividend Yield, Noteworthy Recent Insider Transactions

Summary

• Energy Transfer has a 4-year average dividend yield in the double-digits and an outstanding forward yield of 7.88%.
• Being up around 45% year-to-date, the stock has greatly outperformed the broader market and the energy sector.
• With a sub-10 P/E ratio, Energy Transfer has an attractive valuation compared to its peers and has the potential to run even more.
• There has been tons of insider activity/buying lately, which is a fantastic sign, as the executive chairman picked up over $30 million in shares himself this trading week.
• Energy has been the best performing sector this year, being up nearly 45%, and with a flood of recent insider buying activity, Energy Transfer LP can be primed for another run-up.

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Overview of Energy Transfer LP and my Investment Thesis

Energy Transfer LP (NASDAQ:ET) has been a strong outperformer in this year's bear market. With its high volume of recent insider buying activity, this can be another indication of a potential move

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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.

This article is purely my opinion, and prospective investors should conduct further research to make a conclusive decision.