BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Energy Transfer’s Dip Seen as Buying Opportunity Amid Short-Term Headwinds
Energy Transfer’s Dip Seen as Buying Opportunity Amid Short-Term Headwinds
10
1
BTCCSquare news:
Energy Transfer (ET) units have retreated 18% from their 2024 peak, pressured by transient challenges in the MLP sector. The selloff appears overdone given the partnership's long-term infrastructure advantages and projected EBITDA recovery.
Revised guidance now points to adjusted EBITDA NEAR the $16.1 billion floor, down from initial $16.1-$16.5 billion estimates. This reflects commodity price weakness and a temporary lull in growth projects - a stark contrast to the double-digit CAGR maintained since 2020.
Seasoned investors recognize the disconnect. At current levels, ET yields approximately 8% while trading at just 7.5x forward EBITDA. The K-1 tax FORM requirement remains the sole material deterrent for retail participation.
By:
