Energy Transfer (NYSE: ET) has had a strong 2024, with its stock price up about 40% as of this writing. Energy Transfer has created one of the largest integrated midstream systems in the U.S. It handles the transport, storage, and processing of various energy products, including natural gas, liquid natural gas (LNG), crude oil, and refined oil products. This system allows the company to take advantage of both increasing volumes for these products as well as any geographic, time, or product arbitrage opportunities that come about.
This article was originally published here.
