Energy News Today

Energy Transfer: A Great Opportunity In This High-Yielder (NYSE:ET)


Energy Transfer’s common units have been severely decimated in the face of the low oil price environment.

The company’s business model provides a great deal of insulation against commodity prices.

95% of the company’s cash flow comes from fee-based contracts that have minimum volume commitments.

Energy Transfer has some growth projects coming online over the next few months that should allow it to be FCF-positive next year.

The company should not have any trouble maintaining its 22% distribution.



Read More: Energy Transfer: A Great Opportunity In This High-Yielder (NYSE:ET)

2020-10-08 02:00:00

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