Energy Transfer Just Raised Its 2026 Guidance. Is the Stock Still a Buy?
The midstream company raised its guidance for yearly adjusted EBITDA during its second-quarter earnings report.
Overview
Since reporting its second-quarter 2026 financial results on Aug. 4, Energy Transfer (NYSE: ET) has seen its shares climb more than 2%, trading near its 52-week high of $21.11.
Before the announcement, Energy Transfer units were trading around $20.20 to $20.28. The question is whether the price rise in the energy stock can continue. Three reasons why it can, with one reason why it may not:
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Originally published at www.fool.com.
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