Should You Buy Energy Transfer (ET) Stock Before Aug. 6? Here's What History Says.

Energy Transfer (NYSE: ET) is a midstream energy company that transports energy commodities, including natural gas and crude oil, across North America. It operates as a master limited partnership (MLP), meaning it doesn't pay corporate income tax and passes on most of its earnings to its investors in the form of quarterly cash distributions.On Aug. 6, Energy Transfer is set to report its fiscal second-quarter earnings. In its last eight quarters, Energy Transfer has beaten earnings-per-share (EPS) estimates three times, missed estimates four times, and hit the mark once.Whether Energy Transfer beats, misses, or meets its EPS estimates remains to be seen, but if you're looking to buy the stock before Aug. 6, it should be for a reason other than its potential earnings.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool