forever_green

ET to make a Move to the Upside Soon

Long
NYSE:ET   Energy Transfer LP
The midstream "stocks" typically move predictably with their payouts. Energy Transfer is no different and is moving to a strong upside as a payment is expected in October. There's also the considerable catalyst of its acquisition of Enable Midstream Partners which will expand $ET's already extensive pipeline coverage (~90,000 miles). Buying into $ET at its present valuation is nearly theft.

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