Energy Transfer Partners LP is a transportation company that transports natural gas and propane. As of June 2021, its stock price is up by 40.82% year-over-year. In Q1 2021, Miller/Howard Investments mentioned Energy Transfer LP in its letter. The firm noted that ET’s robust performance has helped boost its overall returns since the beginning of the year.
Miller/Howard said that another up-and-coming name was Energy Transfer (ET), whose stock was selling at a discount to the portfolio, Further, ET’s ample FCF should allow it to exceed its current distribution even if the pipeline carrying Dakota Access is temporarily shut down.
Read More: Energy Transfer (ET) Is Expected A Long-Term Growth, Should You Invest? – Own Snap