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A total of 74 billion-dollar deals were undertaken in the oil and gas industry last year, compared to only 40 in 2020, says GlobalData. The leading data and analytics company notes that oil price recovery encouraged companies to undertake more high-value deals to push forward their growth plans. The largest deal in terms of value ...
A total of 74 billion-dollar deals were undertaken in the oil and gas industry last year, compared to only 40 in 2020, says GlobalData.
Whether Energy Transfer uses its cash flow to increase distributions, pay down more debt, or repurchase units doesn't matter much. See why ET stock is a buy.
Energy Transfer hiked its distribution by 15% for Q4 2021. Future increases to the distribution level will be evaluated quarterly. See more about ET stock here.
Energy Transfer made good on its promise to deleverage and generating positive cash flow. Read more to see why investors could expect distribution increases from ET.