Energy Transfer (NYSE: ET) presents an attractive risk-reward profile and high yield, making it a significant holding in my portfolio. After a period of restructuring that included cutting its distribution in 2020 to reduce leverage, the midstream energy company has successfully improved its balance sheet by paying down debt and funding growth through free cash flow.
Explain It To Me Like I’m 5: Energy Transfer is a big company that helps move energy and is a great investment choice right now because it has a good balance of risk and reward, plus it pays out a lot of money to its investors.
Want More Context? 🔎
