NYSE:ETOil and Gas
A Look At Energy Transfer (ET) Valuation As Distribution Increase Signals Confidence In Future Cash Flows
Energy Transfer’s latest distribution move
Energy Transfer (ET) lifted its quarterly cash distribution by more than 3% to $0.3350 per common unit (an annualized $1.34), indicating management’s focus on maintaining steady payout growth supported by its large-scale pipeline investments.
See our latest analysis for Energy Transfer.
The higher distribution comes after a strong 30 day share price return of 11.88% and a 90 day gain of 8.89%, while the latest one year total shareholder return is a...