Should You Buy Energy Transfer Stock Now That It's Over $20?

Energy Transfer (NYSE: ET) has been on fire over the past year. Units of the master limited partnership (MLP) soared 42% last year. The midstream giant has continued rallying through the early part of this year, which recently pushed its unit price above $20. Here's a look at whether the pipeline stock is still a good buy now that it's trading above $20 a unit.Energy Transfer had an excellent 2024. The MLP expected to generate between $15.3 billion and $15.5 billion of adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) last year. That's a 12% increase from 2023 at the midpoint. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool