Energy Transfer LP (ET): Dividend Yield Analysis Amid Rising Cash Flows
Barclays raised its price target for Energy Transfer LP (NYSE: ET), citing an increasingly constructive backdrop for U.S. crude production and undervaluation due to fundamental tailwinds. The company reported Q1 adjusted EBITDA of $4.9 billion, with updated guidance projecting full-year results between $18.2 billion and $18.6 billion.
Topics: analyst upgrade capital spending dividend stocks energy sector