Tag: energy transfer coverage ratio
Energy Transfer stock fell below $12 yesterday. Once again, the company's strong earnings results, released November 6, didn't boost the stock.
Energy Transfer (ET) plans to report its Q3 earnings today after the bell. ET has reported significant earnings growth in the last several quarters.
Energy Transfer stock is currently trading at a distribution yield of 9.4%, one of the highest among its peers. Its historical average yield is around 7%.