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Energy Transfer (ET) with Midterm Results?

Posted on 11/4/26 at 8:59 am
Posted by FloridaSaintsFan
Member since Oct 2026
95 posts
Posted on 11/4/26 at 8:59 am
Should I sell it considering energy/oil will now face a much more hostile political climate, including in Texas?

I have 400 shares that I bought way back around $12-$13 so I could make a nice little profit. Keep it or get out?
This post was edited on 11/4/26 at 9:01 am
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
4559 posts
Posted on 11/4/26 at 9:08 am to
Stay in. The distributions are going to continue to increase. Should also be less capital expenditures during Democrat controlled times.
Posted by castorinho
13623 posts
Member since Nov 2010
89090 posts
Posted on 11/4/26 at 9:21 am to
You're talking about the stock that tripled during Biden's term?
Posted by Hangit
The Green Swamp
Member since Aug 2014
48308 posts
Posted on 11/5/26 at 2:32 am to
quote:

I bought way back around $12-$13


You are making 11.5-12.4% in interest.

I would drip the returns and watch it compound.
Posted by Hangit
The Green Swamp
Member since Aug 2014
48308 posts
Posted on 11/5/26 at 2:35 am to
quote:

You're talking about the stock that tripled during Biden's term?


TX had a freeze come through and had no electricity, due to mismanagement of the state's grid and resources. They had to pay ET a billion dollars to bail them out on gas. It was a helluvan unexpected windfall.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
5954 posts
Posted on 11/6/26 at 9:07 pm to
I don't mess with ET because of the tax form headache. But, I don't envision selling my MLPI or AMLP any time soon.
Posted by Drizzt
Cimmeria
Member since Aug 2013
15402 posts
Posted on 11/9/26 at 5:21 pm to
My average cost on ET is $7. Bought over 1,000 shares during COVID. Never selling.
Posted by TX_Tiger23
Texas
Member since Aug 2013
310 posts
Posted on 11/9/26 at 6:47 pm to
A K1 is not difficult and definitely not a headache. It’s actually helpful to most people’s tax situations.
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