Why 2025 Should Be Another Good Year for the High-Flying and High-Yielding Energy Transfer

This year has been a very good one for Energy Transfer (NYSE: ET). Units of the master limited partnership (MLP) have rocketed nearly 40%. That has outperformed the S&P 500, which has jumped more than 25%. Several factors have fueled that rise, including an acquisition-driven earnings boost and optimism about future growth prospects. Even with that surge, units of Energy Transfer yield almost 7%, well above the S&P 500's 1.2%. The MLP appears poised for another good year in 2025. Here's what fuels that optimistic view.Energy Transfer is on track to generate between $15.3 billion and $15.5 billion of adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) this year. That's a 12% increase from 2023's level at the midpoint. The midstream giant has benefited from a trio of acquisitions, including Lotus Midstream and Crestwood Equity Partners last year and WTG Midstream in July. It has also completed a few more organic capital projects. These catalysts helped fuel record volumes across several of its businesses during the third quarter. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool