Energy Transfer has plenty of catalysts to fuel a recovery in its unit price.
Energy Transfer ( ET 0.40% ) units have declined by more than 12% this year, significantly underperforming the S&P 500 's 10% gain in 2025. This slump has boosted its dividend yield to 7.7%.
While the master limited partnership 's (MLP) value is currently down, I see a big bounce back ahead. Here are two factors fueling that view.
About to heat back up again
Energy Transfer is coming off a fantastic year in 2024. The MLP grew its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) by 13% while delivering a 10% increase in its distributable cash flow. Fueling that robust growth was a combination of acquisitions (Crestwood Equity Partners in late 2023 and WTG Midst