Energy Transfer LP (ET) Options

Energy Transfer and MidOcean Partner on Lake Charles LNG Export Development
https://oilprice.com/Company-News/Energy-Transfer-and-MidOcean-Partner-on-Lake-Charles-LNG-Export-Development.html

Yield back over 8% today.  If any dry powder, now might be a good time to use it.  

This is a great and just result and sends a strong message to these radial left-wing groups that they cannot disrupt legitimate business operations of companies such as ET. But what remains in doubt is whether Greenpeace has the funds to satisfy the verdict and judgment. they will likely get ordered to pay all of ET's attorneys' fees and costs of the litigation.

Jury finds Greenpeace must pay hundreds of millions in case over Dakota Access protest activities

https://www.msn.com/en-us/news/us/jury-finds-greenpeace-must-pay-hundreds-of-millions-in-case-over-dakota-access-protest-activities/ar-AA1BgfP1?ocid=BingNewsVerp&cvid=d2958933dda44fc3bd89b4bbaafde845&ei=32

This article explains it pretty well. https://www.thetaxadviser.com/newsletters/2020/feb/iras-master-limited-partnerships.html

I am told by our investment advisor, as well as our CPA that you can even be hit with a tax obligation if you hold ET in an IRA. That is where we hold all of our ET holdings.

While the following is true "You will have to recapture all the depreciation and capital gains" except 0% Rate: Single filers with taxable income up to $48,350; Married filing jointly up to $96,700; Married filing separately up to $48,3503. This means for example if one is married and over 65 personal exemption
32,000+96,700.= 128,700 income before one hits the first bracket If single over 65 17,000+48350=65,300 before one hits the first bracket. And this is taxable income (after any depreciation or credits) Of course this would be on long term Cap Gains. I found that it would actually be beneficial for me to sell and reclaim my depreciation and take my Cap gains this year. I then bought back in. This re-starts the clock, depreciation and cap gains. People worry too much about Cap Gains.
On long term gains they are not that a big deal unless you are a high income earner. They can make more of ones Social security retirement taxable though.

Yes, I agree. I bought back in yesterday. For tax reasons as well as the recent run up I sold to go ahead and recapture Depreciation and claim cap gains this year. Fresh start for 2026.

Make sure you run it by your accountant before selling at a profit. I believe You will have to recapture all the depreciation and capital gains that took place during your ownership. You may get beat up on taxes pretty good.  Hold for life and enjoy the dividends. 

and yet...increased dollar amount buys less shares...but share value appreciation to boot. it's an awful dilemma.
sell now for the appreciation or let it ride for the dividend. what to do? what to do? i will admit that after this run up it is very tempting to
take some profits, yet my greed tells me there may be more appreciation and dividends continue to amass. no lie, i am at a quandary.
but what a fine mess we are in.

All great going forward with ET here wshaw. Appreciate your comment on the distribution but we all know when the price rockets up like ET's has, the percentage yield on the distribution also drops rapidly. Still a great return on the distribution.

I would no be surprised to see a larger increase in the distribution for next Q. ET is no longer the standout distribution payer that it once was and now has someone nipping at their heels. JMHO

Want $4,700 in Passive Income? Invest $25,000 in Each of These 3 Midstream Energy Stocks.
https://www.msn.com/en-us/money/companies/want-4700-in-passive-income-invest-25000-in-each-of-these-3-midstream-energy-stocks/ar-AA1yaHXd?ocid=BingNewsVerp

Energy Transfer: Buy Baby Buy, The Investment Case Has Never Been Stronger
https://seekingalpha.com/article/4753356-energy-transfer-buy-baby-buy-the-investment-case-has-never-been-stronger

Nice 3.2% increase in this next quarterly distribution to .3250, announced late yesterday. Just like the "gift that keeps on giving," ET is the "Gem that just keeps on paying out larger and larger quarterly cash unit distributions."

February 7th  payable February 19th 

ET can be considered an AI stock in a way. Huge data centers need fuel to operate.  ET will power many of these new centers. 

Hard to say, but the midstream players in the energy sector, e.g. pipelines, all appear to be getting hit like this today. It has been quite a run here and in KMI of late.

Why the huge sell off today??

I do not believe it has been announced yet. Most likely February 7 or 8 as the last one was November 8.  

Does anyone know what the record date is for the up-coming dividend? TIA

What does appreciation of ET, KMI and USAC say about market expectations for Trump Amin more positive energy industry and interest rate moderation? Which is impacting these stock prices more ??

Yes, ET has done quite nicely, in the last year. I am expecting an even better year in 2025.

Nice to have ET back above $20, and KMI back above $30, where they belong.

Prudent...it's a beautiful thing. DRILL DRILL,DRILL,baby! 

Our Gem here is bumping up against its 52-week high, and even at this share price the distribution is 6.5%. New 5-year high for KMI today also.

Not in any way that I am aware of.

Will the potential opening of the Keystone Pipeline under Trump benefit ET? 

Great positive news W!

Energy Transfer subsidiary signs 20-year LNG supply deal with Chevron
https://www.msn.com/en-us/money/other/energy-transfer-subsidiary-signs-20-year-lng-supply-deal-with-chevron/ar-AA1weN9H?ocid=BingNewsVerp

Mark Green classic.....

https://www.nasdaq.com/articles/want-cash-ai-boom-top-stock-believes-its-best-position-capitalize-ai-powered-megatrend

Great news. This is our gem that just keeps on growing and keeps on increasing the distributions. I have continued to have all of our distributions automatically reinvested in new unites/shares and will continue that practice.

https://markets.businessinsider.com/news/stocks/energy-transfer-increases-distribution-and-awaits-earnings-1033904476

Energy Transfer Takes a Preliminary Step Toward Adding a Lot More Fuel to Its Growth Engine
https://www.msn.com/en-us/money/companies/energy-transfer-takes-a-preliminary-step-toward-adding-a-lot-more-fuel-to-its-growth-engine/ar-AA1sAhRw?ocid=BingNewsVerp

https://www.fool.com/investing/2024/10/08/why-energy-transfer-is-my-top-investment-for-passi/

https://www.benzinga.com/insights/short-sellers/24/09/40752514/peering-into-energy-transfers-recent-short-interest

https://www.bovnews.com/2024/08/27/energy-transfer-lp-unit-et-stock-unveiling-its-hidden-strengths/

Q2 FINANCAL REPORT: https://finance.yahoo.com/news/energy-transfer-reports-second-quarter-201000859.html

ENERGY TRANSFER ANNOUNCES INCREASE IN QUARTERLY CASH DISTRIBUTION
July 25, 2024 at 4:15 PM EDT

DALLAS--(BUSINESS WIRE)--Jul. 25, 2024-- Energy Transfer LP (NYSE: ET) today announced an increase in its quarterly cash distribution to $0.32 per Energy Transfer common unit ($1.28 on an annualized basis) for the second quarter ended June 30, 2024.

This cash distribution per Energy Transfer common unit will be paid on August 19, 2024 to unitholders of record as of the close of business on August 9, 2024, and is an increase of 3.2 percent as compared to the second quarter of 2023.
https://ir.energytransfer.com/news-releases/news-release-details/energy-transfer-announces-increase-quarterly-cash-distribution-9

https://seekingalpha.com/article/4706506-ai-hungry-for-power-energy-transfer-will-deliver

https://finance.yahoo.com/news/energy-transfer-sunoco-announce-strategic-131000783.html

https://www.msn.com/en-us/money/savingandinvesting/is-energy-transfer-lp-unit-nyseet-the-best-stock-to-buy-for-donald-trump-presidency/ar-BB1pJOq6?ocid=BingNewsVerp

Very positive article and recommendation on buying and holding ET units.

https://seekingalpha.com/news/4122131-mizuhos-top-stock-picks-for-july

Sorry it took so long to answer. Yes, each company will supply one.

Ok thank you. I also own sunoco as well as some mining stocks that are a partnership. Will there be seperate K1s for each stock I assume?

More acquisitions. Some things never change for ET

Texas pipeline giant Energy Transfer to expand network with $3.25 billion acquisition

https://www.msn.com/en-us/money/markets/texas-pipeline-giant-energy-transfer-to-expand-network-with-3-25-billion-acquisition/ar-BB1nepO2?ocid=BingNewsSearch

you get a K-1 instead of a 1099. The distribution is not actually a dividend. Some of it is treated as profit and most of it is return of capital. Some folks think it complicates the tax return, but to me it is very simple. You just enter the numbers from the respective boxes on the tax return just as you would on a 1099. I have held ET for years and dont find it a problem. Some brokerage houses even have it so the form can be imported right into your tax return.