Energy Transfer (ET) Outperforms Market, Set to Release Q2 Results
23% Year-to-Date Gain
Shares of Energy Transfer (ET) have surged about 23% year-to-date, significantly outperforming the S&P 500's 16% gain. This strong growth is attributed to the company's robust performance.
Upcoming Earnings Report
Second Quarter 2024 Results
Energy Transfer is poised to release its second-quarter 2024 financial results on August 7, 2024, after the market close. Analysts anticipate an improvement in both the company's revenue and earnings.
Positive Outlook
The company's positive outlook is underpinned by its strong cash flow and disciplined capital allocation strategy. Energy Transfer expects to continue delivering value to shareholders through dividend payments and share buybacks.
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