Fueled by Another Acquisition, Energy Transfer Continues to Deliver Record-Setting Results

Energy Transfer (NYSE: ET) has been on an acquisition binge. The midstream giant recently closed its nearly $3.1 billion purchase of WTG Midstream, which followed its $7.1 billion merger with fellow master limited partnership (MLP) Crestwood Equity Partners last November. On top of that, the company has continued to invest heavily in organically expanding its operations. Those investments helped fuel record volumes across several of the MLP's assets during the third quarter, contributing to its strong earnings growth. With a large and growing pipeline of expansion opportunities, Energy Transfer should have plenty of fuel to continue growing.Energy Transfer delivered robust volume growth across nearly its entire franchise during the third quarter, setting several new partnership records:Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool