3 Articles
3 Articles
Is Energy Transfer Stock a Millionaire Maker? @themotleyfool #stocks $ET
Energy Transfer (NYSE: ET), one of the largest midstream companies in the U.S. with over 125,000 miles of pipeline across 44 states, went public at a split-adjusted price of $5.50 per unit on Feb. 3, 2006. A $10,000 investment in that master limited partnership (MLP) would be worth $36,150 today and paying out $2,527 in annual dividends on a quarterly basis. If you had reinvested those dividends, your investment would be worth $123,000 and payin…
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