Energy Transfer Announces Price River Terminal Expansion to Double Export Capacity of Uinta Crude by Q4 2026

Energy Transfer (NYSE:ET) is one of the most buzzing stocks to buy with huge upside potential. On October 9, Energy Transfer announced an agreement with FourPoint Resources to facilitate the expansion of the Price River Terminal in Wellington, Utah.

The project will double the terminal’s export capacity to enhance the deliverability of American Premium Uinta/APU crude to refineries across the Lower 48 states. Energy Transfer is undertaking the terminal enhancements, which are expected to be complete by Q4 2026.

The expansion includes major infrastructure additions, such as a newly constructed continuous loop track to streamline rail logistics, and a railcar load rack capable of loading 140,000 barrels of oil per day. The project will also add storage capacity with a new heated storage tank of ~140,000 barrels of shell capacity and 2 additional 6,000-foot storage unit tracks.

Energy Transfer (NYSE:ET), together with its subsidiaries, provides energy-related services in the US. The company owns and operates natural gas transportation pipelines and storage facilities.

While we acknowledge the potential of ET as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.