Energy Transfer plans $5 billion investment to capitalize on 55% rise in US power demand.
From Nasdaq: 2025-03-04 04:07:00
Energy Transfer (NYSE: ET) is known for its high income potential with a 6.7% yield, but investors should also consider its growth prospects. The company experienced double-digit earnings and cash-flow growth last year and foresees more growth ahead due to an expected surge in power demand. This growth opportunity is being driven by a predicted 55% increase in U.S. power demand over the next 20 years, which will benefit all types of power sources, including natural gas. Energy Transfer is well-positioned to capitalize on this growth, having already received requests from numerous companies for gas supplies.
To meet the expected rise in natural gas demand, Energy Transfer plans to invest $5 billion in growth projects this year, fueling another growth spurt in 2026. The company operates over 105,000 miles of natural gas pipelines and has 236 Bcf of storage capacity, giving it a strategic advantage to capture opportunities in the growing gas market. With its existing infrastructure and investment plans, Energy Transfer aims to provide powerful total returns for investors in the future. 1. High-speed train derails in Taiwan, killing at least 50 people and injuring over 100. The train was carrying nearly 500 passengers when it derailed in a tunnel on its way to Taitung.
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Read more at Nasdaq: Energy Transfer Is Cashing In on a Powerful New Growth Opportunity