Energy Transfer Strengthens Dividend Following Export Policy Reversal
BIS has rescinded the license requirement for exporting ethane to China or Chinese military end users, amid Buy ratings from analysts.
An aerial view of an oil rig at sunrise, emphasizing the power of the natural gas transportation industry.
Energy Transfer LP (NYSE:ET) is one of North America's largest midstream energy companies, operating from its headquarters in Texas. The company owns and operates over 125,000 miles of pipelines, storage terminals, LNG facilities, and export infrastructure. It transports crude oil, natural gas, NGLs, refined products, and LNG across the U.S.
The Bureau of Industry and Security (BIS) notified the company earlier in June that it requires a license to export ethane to China. Though it disrupted the company's business operations, one of the company's directors, James Richard Perry, made a bold move by purchasing 25,892 shares in a transaction valued at $350,059, signaling strong confidence in the company's growth capabilities.
With 6 analysts from Wall Street maintaining a Strong Buy rating on the stock, the company saw on July 2, 2025, BIS rescinding its license requirements for ethane exports.
Energy Transfer LP (NYSE:ET) offers a dividend yield of 7.2%. With a consensus Buy rating and a 1-year upside potential of 27.99%, the stock might be what MLP interested investors are seeking.
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: and 10 Dividend Bargains Trading Below Insiders' Prices
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