Energy Transfer’s Growth Projects Fuel Investor Interest Amid High Yield Appeal
Energy Transfer (ET -0.06%) remains a magnet for income-focused investors, offering a robust 7.4% yield and consistent distribution growth. The master limited partnership's tax-deferred structure adds to its allure, with distributions largely treated as return of capital until sale.
The midstream company now enters an aggressive expansion phase, underscored by its newly announced $5.3 billion Desert Southwest pipeline project. This 1.5 Bcf/d capacity addition to the Permian basin infrastructure follows the Hugh Brinson Pipeline Phase 1 development, signaling sustained growth potential through 2029.