Energy Transfer Looks Poised to Outperform the S&P 500 in the Back Half of 2026
The MLP has plenty of fuel to continue rallying.
Overview
Energy Transfer (NYSE: ET) has gotten off to a strong start this year. It's up more than 24% year-to-date, significantly outperforming the nearly 9% rise in the S&P 500.
I expect the master limited partnership (MLP), which sends a Schedule K-1 Federal tax form, will continue to outperform in the back half of the year. Here's a look at what fueled its strong first half, and why the second half could be just as strong.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.