Energy Transfer Is Cashing In on a Powerful New Growth Opportunity

Energy Transfer (ET -1.35%) is known for the income it generates for investors. The master limited partnership (MLP) currently pays a 6.7%-yielding cash distribution. However, investors shouldn't discount its growth prospects. It delivered double-digit earnings and cash-flow growth last year, fueled by a combination of acquisitions, organic expansion projects, and strong market conditions. The MLP sees a lot more growth coming down the pipeline, driven partly by an expected surge in power demand over the co ...