Is Now the Time to Buy Energy Transfer Stock?
Energy Transfer (NYSE: ET) once again increased its full-year guidance when it reported its second-quarter results, showing the strong operational momentum the company has. The stock has performed well this year with an over 20% return, including distributions.
Despite its strong performance this year, the master limited partnership (MLP) still has an enticing forward distribution yield of about 7.9% and trades at an attractive valuation.
Let's dive into the company's Q2 results and guidance, and look at why the stock is an attractive option for income-oriented investors.
Source Fool.com
MLP SE Aktie
5,73 €
-0,52 %
Die MLP SE Aktie zieht etwas Aufmerksamkeit auf sich: Mehr Buy- als Sell-Einschätzungen.
Das Kursziel von 10 € für MLP SE signalisiert eine mögliche Steigerung von über 50% gegenüber 5.73 €.
