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Energy Transfer and Enterprise Products Partners: High-Dividend Energy Infrastructure Companies

The Motley Fool +1 ·

ET Energy Transfer LP
$20.04 -0.45%
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  1. 1Energy Transfer reported Q2 net income of $2.09 billion.
  2. 2Enterprise Products Partners reported record Q2 net income, distributable cash flow, and adjusted EBITDA.
  3. 3Both companies are trading at a trailing earnings multiple of less than 14x.

So what's the key point?

Energy Transfer and Enterprise Products Partners generated significant profits in the second quarter. Both companies are trading at a price of less than 14 times their earnings.

Source The Motley Fool +1 · View original ↗

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