1 Magnificent Pipeline Stock Down Nearly 20% to Buy and Hold Forever

From Yahoo Finance: 2025-06-07 04:10:00

Energy Transfer’s distribution yields over 7% and continues to grow, with improved balance sheet and strong growth opportunities ahead. The company operates one of the largest integrated midstream systems in the U.S., benefiting from rising volumes and price spreads. With $5 billion in growth capital expenditures planned for this year, Energy Transfer focuses on projects like the Hugh Brinson pipeline and the Lake Charles LNG facility. The MLP’s distribution is well-covered, providing a forward yield of 7.3%. Despite potential risks, Energy Transfer offers investors an increasing income stream and solid price appreciation potential, making it a great long-term investment.



Read more at Yahoo Finance: 1 Magnificent Pipeline Stock Down Nearly 20% to Buy and Hold Forever