Energy Transfer Stock Potential Double

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Energy Transfer stock

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growth capex

The Motley Fool

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Prediction: Energy Transfer Stock Will Nearly Double in 5 Years

Summary

Nutrition label

84% Informative

Energy Transfer is one of the largest midstream companies in the U.S. Pipeline operator's stock could nearly double over the next five years .

The company plans to spend $3 billion to $3.2 billion in growth capital expenditures (capex) on new projects this year .

Energy Transfer trades at a much lower valuation than it has historically.

Energy Transfer is currently $ 0.32 per unit a quarter .

With no multiple expansion and over $7 in distributions between now and the end of 2029 (assuming a 4% increase a year ), the stock would still generate an over 75% return during that stretch.

Even if its multiple doesn't expand, investors can still get a very solid return on their investment through a combination of distributions and more modest price appreciation.

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Neutral language

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semi-formal

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English

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not offensive

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not hateful