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This 7.8%-Yielding Stock Is Poised for Accelerating Growth
Like most stocks, Energy Transfer LP (NYSE: ET) has been quite volatile so far in 2025. However, nervous investors received great news from the midstream energy company on Tuesday.Energy Transfer's unit price popped following its first-quarter update. But the Q1 numbers weren't the main story. This 7.8%-yielding stock is poised for accelerating growth.Energy Transfer announced net income for the first quarter of $1.32 billion, or $0.36 per diluted unit. This result reflected year-over-year growth of roughly 6.5%. It also beat the consensus analysts' earnings estimate of $0.33 per unit. Continue reading
Like most stocks, Energy Transfer LP (NYSE: ET) has been quite volatile so far in 2025. However, nervous investors received great news from the midstream energy company on Tuesday.
Energy Transfer's unit price popped following its first-quarter update. But the Q1 numbers weren't the main story. This 7.8%-yielding stock is poised for accelerating growth.
Energy Transfer announced net income for the first quarter of $1.32 billion, or $0.36 per diluted unit. This result reflected year-over-year growth of roughly 6.5%. It also beat the consensus analysts' earnings estimate of $0.33 per unit.
