Energy Transfer LP (NYSE:ET) is included among the 12 Best LNG Stocks to Buy According to Hedge Funds.
Energy Transfer LP (NYSE:ET) made headlines this summer when it announced that it would supply Chevron with an additional 1 mtpa of liquefied natural gas from its Lake Charles LNG export facility, bringing the total volume of LNG supply contracted by Chevron to 3 mtpa under the 20-year agreement.
In April, Energy Transfer LP (NYSE:ET) filed an application seeking to extend the deadline for its Lake Charles project to commence exports from 2025 to 2031, which was approved by the Department of Energy in August. The project includes three liquefaction trains with a total capacity of 16.45 mtpa.
Energy Transfer LP (NYSE:ET) distributed $2.3 billion to its investors in the first half of 2025 and boasts an impressive annual dividend yield of 7.56% as of the writing of this piece. The stock was also recently included in our list of the 12 Best Stocks to Buy Now for Passive Income.
Energy Transfer LP (NYSE:ET) is one of the largest and most diversified midstream energy companies in North America, with a strategic footprint in all of the major US production basins.
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