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Fueled by Another Acquisition, Energy Transfer Continues to Deliver Record-Setting Results

The Motley Fool

Energy Transfer (NYSE: ET) has been on an acquisition binge. billion merger with fellow master limited partnership (MLP) Crestwood Equity Partners last November. The acquisition of Crestwood Equity Partners and WTG Midstream helped fuel the record volume. The midstream giant recently closed its nearly $3.1

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3 Dividend Stocks I'm Very Thankful I Owned This Year

The Motley Fool

It's benefiting from robust organic growth and accretive acquisitions. Meanwhile, its merger-and-acquisition pipeline is as big as it has been in two years and continues to grow. An acquisition-fueled growth spurt Energy Transfer (NYSE: ET) has produced a high-octane total return this year. billion this year.

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Energy Transfer Is Getting a Big Acquisition-Fueled Earnings Boost

The Motley Fool

The pipeline company recently reported strong first-quarter results, fueled mainly by recent acquisitions. Another acquisition, this time by affiliate Sunoco (NYSE: SUN) , will help power stronger-than-expected earnings growth for the master limited partnership (MLP) this year. That's a 13.1% increase compared to the year-ago period.

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Here's Why Energy Transfer Stock Is a Buy Before Nov. 6

The Motley Fool

Its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) jumped 20% to $3.8 The MLP delivered record volumes across several segments, fueled by strong market conditions, recently completed expansion projects , and acquisitions. billion acquisition of WTG Midstream in July.

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AI Stock Symbotic Plunged 36% on Wednesday Due to Accounting Errors. What Should Investors Do?

The Motley Fool

Symbotic's stock began trading in June 2022, after the Boston area-based company went public via a reverse merger with a special purpose acquisition company ( SPAC ). Shares of Symbotic (NASDAQ: SYM) , which makes artificial intelligence (AI)-enabled robots for warehouses, plunged 35.9% on Wednesday on extremely heavy trading volume.

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Where Will Enbridge Be in 5 Years?

The Motley Fool

That's evident by looking at its recent acquisitions and the expansion projects it has coming down the pipeline. It generated 74% of its earnings before interest, taxes, depreciation, and amortization ( EBITDA ) from its legacy liquids pipelines franchise. and offshore wind farms in Europe.

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1 Unstoppable Multibagger Up 4,290% Since 2000 to Buy and Hold Forever Following its $1.1 Billion Acquisition

The Motley Fool

Here's what makes the company a stellar "forever" investment, especially following its recent acquisition. Last but not least, however, Casey's most powerful growth lever remaining could be its continued geographic expansion, whether through building new stores or leaning upon its newly formed mergers and acquisitions (M&A) team.