Energy Transfer (ET) is a blue-chip midstream master limited partnership (MLP) with a very large, fully-integrated, and well-diversified portfolio of assets. The midstream sector involves the transportation, storage, and wholesale marketing of crude or refined petroleum products.  Energy Transfer spans the midstream value chain and generates almost entirely fee-based cash flows, as roughly 90% of its cash flow comes from commodity-resistant contracts. The energy company operates five businesses (Crude Oil, NGL & Refined Products, Interstate Transport & Storage, Midstream, and Intrastate Transport & Storage), with no single business occupying an outsized portion of their cash flows.
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Energy Transfer (NYSE:ET)
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Energy Transfer (NYSE:ET)
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From Oct 2020 to Oct 2021 Click Here for more Energy Transfer Charts.