Top Ultra-Yield Dividend Energy Stocks Highlighted for Investment
Energy Transfer (ET) emerges as a standout midstream stock with a 7.5% yield, bolstered by a strengthened balance sheet and robust growth projects. The $5.3 billion Desert Southwest pipeline and the Hugh Brinson Pipeline underscore its expansion in natural gas and power demand sectors.
The Lake Charles LNG project, with signed offtake contracts and strategic partnerships, positions the company to capitalize on the burgeoning LNG export market. A $5 billion growth capex for 2024 reflects aggressive investment in future capacity.