Energy Transfer: Financial Discipline Drives Yield
Despite Energy Transfer's common units ( ET ) price underperformance since my previous coverage , I remain bullish. The units continue to pay investors an extremely attractive 8% forward distribution yield, and ET's rock-solid fundamentals ensure safety of this hefty yield. Cost discipline and prudentComing from an IT background, I have dived into the U.S. stock market seven years ago by managing portfolio of my family. Starting managing real money has been challenging for the first time, but long hours of ...