Where Will Energy Transfer Stock Be In 5 Years?

Energy Transfer (NYSE: ET) is considered by many to be a reliable income investment. It's a midstream company that operates over 135,000 miles of pipeline across 44 states, and it charges upstream and downstream companies to use its infrastructure with its "toll road" business model.The business operations are well-insulated from volatile commodity prices. As long as its customers keep their crude oil, natural gas, liquefied natural gas (LNG), and other refined products flowing through its pipelines, it can generate stable profits to cover its distributions.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool