Saturday, June 10

Energy Transfer, a company to look at on Wall Street

The good performance of the energy sector can also be seen today in the New York Stock Exchange, which begins the day with new highs for the Dow Jones and S&P 500. And precisely within the latter we see that the largest increases are for firms in this sector: Halliburton, Occidental Petroleum and APA Corp.

Ignacio PĂ©rez, manager of GPM International Capital, recommends looking at Energy Transfer, one of the largest midstream energy companies in North America with approximately 114,000 miles of gas pipelines and associated energy infrastructure in 41 states.

That is precisely one of the strengths of the firm, its high presence in the United States. It also shows other positive aspects, such as its high market capitalization or its cash flow after debt service of $ 7.1 billion.