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Energy Transfer

The share price of this Dallas-based pipeline operator got a nearly 10% bump in April 2020 after Blackstone Group disclosed a 6.9% stake in the company. That investment turned the private-equity giant into Energy Transfer's biggest shareholder after founder and CEO Kelcey Warren, who owns a majority stake. Energy Transfer's profits shot up 112% last year, and the company delivered bulging dividends in 2019 and early 2020. But investors will have to weigh the rich yield the company offers against a significant impediment: an energy market battered by the novel coronavirus pandemic.
Lists ranking Energy Transfer
Fortune 500 - 2020This year's Fortune 500 marks the 66th running of ...READ MORE
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