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Energy Transfer Debt, Leverage, Downgrade, And Distributions (NYSE:ET)


In this article, we’ll investigate Energy Transfer’s debt and leverage, then look at these metrics through the lens I believe a key rating agency sees it.

Solid 1Q 2020 DCF distribution coverage isn’t the key operative, it’s the “negative outlook” offered by S&P Global.

We will look to check the data, handicap the situation, identify the risks, and consider the remedies.

The Street is saying the current 14.7% cash distribution yield is toast, but after reviewing the pertinent info, this may not be a foregone conclusion.



Read More: Energy Transfer Debt, Leverage, Downgrade, And Distributions (NYSE:ET)

2020-06-03 12:52:07

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