Fool - Investing News·3d ago
3 Dividend Stocks Sitting Outside the AI Power Trade -- And Still WinningNone of these high-yielders owns power plants, but that doesn't mean they won't benefit from AI's massive power demands.
Energy Transfer's Q2 2026 revenue surge of 78.4% year-over-year to $34.3B, driven by marketing and acquisition integration, underscores accelerating growth, yet the sustainability of this pace is questionable given volatile marketing spreads. Operating margins...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue surged 78.4% year-over-year to $34.3B in Q2 2026, with EPS growth of 84.4% to $0.59, though gross margin volatility (14.0% to 27.0% over the past year) reflects marketing spread swings while operating margin remained stable around 10-12%.
Energy Transfer LP reported robust first-quarter 2026 results with sales of US$27.77 billion and net income of US$1.25 billion, alongside an increase in common unit distributions.
The company's 2026 growth capital is focused on expanding its natural gas network, including projects linked to rising data center and power demand.
Management is targeting a leverage range of 4.0-4.5x by early 2026 and has shown tangible efforts to reduce leverage in recent years, despite current elevated levels.
Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 4, 2026 | $0.59+55.4% vs $0.38 | $34.3B+23.9% vs $27.7B |
Q2 2026 May 5, 2026 | $0.35-12.5% vs $0.40 | $27.8B+8.6% vs $25.6B |
Q1 2026 Feb 17, 2026 | $0.25-32.9% vs $0.37 | $25.3B+5.4% vs $24.0B |
Q4 2025 Nov 5, 2025 | $0.28-16.0% vs $0.33 | $20.0B-9.0% vs $21.9B |
None of these high-yielders owns power plants, but that doesn't mean they won't benefit from AI's massive power demands.
Rising interest rates could create serious pressure for consumers, corporations, housing, equity valuations, and the federal government's debt-servicing burden. However, there are some investments that are well-positioned for Fed rate hikes. I detail my two favorite places to invest that should be highly resilient in the current environment.
Where you park a high-yield dividend stock can quietly cost you thousands in taxes every single year, and REITs and MLPs carry the steepest penalty of all for investors sitting in the wrong account.
Pfizer's free cash flow is not covering its dividend, and the company faces a patent cliff. Energy Transfer is one of the biggest beneficiaries of strong natural demand coming from the AI data center build-out.
Benchmark ET against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Energy Transfer LP (ET)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $20.40 | $70.2B | 15.11 | -0.05% | 5.93% | 10.24% | 6.35% | |
| $38.01 | $82.24B | 14.29 | -6.44% | 10.77% | 20.63% | — | |
| $24.55 | $17.32B | 14.79 | -11.61% | 5.3% | 20.8% | — | |
| $46.06 | $19.03B | 15.35 | 6.61% | 29.2% | 32.85% | — | |
| $59.16 | $60.03B | 12.27 | 8.37% | 36.75% | 32.9% | — | |
| $31.27 | $69.63B | 22.82 | 12.45% | 19.31% | 10.67% | — |
Energy Transfer LP (ET) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Energy Transfer LP (ET) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 4, 2026·SEC
Jul 21, 2026·SEC
Jul 8, 2026·SEC
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Energy Transfer LP (ET) stock FAQ — growth, dividends, profitability & financials explained
Energy Transfer LP (ET) reported $104.47B in revenue for fiscal year 2025. This represents a 4351% increase from $2.35B in 2004.
Energy Transfer LP (ET) saw revenue decline by 0.1% over the past year.
Yes, Energy Transfer LP (ET) is profitable, generating $5.82B in net income for fiscal year 2025 (5.9% net margin).
Yes, Energy Transfer LP (ET) pays a dividend with a yield of 6.35%. This makes it attractive for income-focused investors.
Energy Transfer LP (ET) has a return on equity (ROE) of 10.2%. This is reasonable for most industries.
Energy Transfer LP (ET) generated $5.22B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
