nimis69
As an investor and trader in Energy Transfer LP (NYSE:ET), I would suggest that ET does not need to do anything dramatic to the top line for the investment to be a dramatic success. Let's look at the numbers.
If
Energy Transfer Could Rise 50% In Less Than 3 Years, Here's Why
Summary
- Energy Transfer is rapidly reducing its debt.
- Energy Transfer is ripe for a credit upgrade soon.
- Energy Transfer is likely to continue to raise its dividend distribution for many years to come.
- Energy Transfer growth projects are plentiful yet management has become disciplined.
Peter H. Frorer obtained his CFA designation in 1993 but no longer participates in the AIMR program. Peter graduated from Princeton University with a BA in History in 1983 and Stern Business School with an MBA in 1985. Peter currently focuses primarily on domestic financial and energy companies.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of ET, EPD, PAA, WMB 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.
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